L'Oreal has committed an undisclosed amount of money to the latest fund to be raised by venture firm Partech Ventures, which closed a $107m fund last month.
Cosmetics producer L’Oréal has provided an undisclosed amount of capital for Partech International Venture VII, the latest fund to be raised by France-based venture capital firm Partech Ventures.
Founded in 1982, Partech operates out of offices in Paris, Berlin and San Francisco and invests at seed, venture and growth stage.
L’Oreal’s contribution, which follows an investment in accelerator and incubator Founders Factory in May 2016, will help it access technology and services such as artificial intelligence, online marketplaces, new services,…
