IdKids, Econocom, Bayard and Hachette Livre were among the limited partners to contribute to the $53.1m first close of edtech-focused Educapital's venture capital fund.
France-based education-focused venture capital fund Educapital has reached the €45m ($53.1m) first close of a fund that includes several corporate limited partners.
Children’s retailer IdKids, business-to-business services provider Econocom and publishers Bayard and Hachette Livre joined French state-owned investment bank Bpifrance and investment fund Education for the Many as well as undisclosed other LPs in backing the fund.
Educapital will invest in 15 education technology developers, primarily across Europe, and will focus on opportunities in France and Israel. It will…
