Danone, AG2R La Mondiale, Bred and BPifrance are among the limited partners for the recently launched, France-based venture firm.
France-based venture capital firm Ring Capital launched yesterday with €140m ($172m) of capital supplied by limited partners including food producer Danone and insurance provider AG2R La Mondiale.
Financial services firm Bred and state-owned investment bank BPifrance are also among Ring Capital’s LPs, as is Tikehau Capital, an asset management firm that has paid an undisclosed amount for a 25% equity stake in the firm.
Ring Capital will make growth-stage investments in Europe-based digital and internet technology companies, providing between €1m…
