Cosmian conjures up $1.7m

Mar 27, 2019 • Callum Cyrus

Cosmian has secured backing from the PSL Innovation Fund to advance products based on inventions from multiple French research institutes including PSL-hosted Inria.

France-based data encryption technology developer Cosmian today closed a €1.4m ($1.7m) seed round co-led by PSL Innovation Fund, the deep tech-oriented VC vehicle aligned to the Université PSL ecosystem.
Venture firm Elaia Partners co-led the round both through PSL Innovation Fund – which it manages on PSL’s behalf – and through its venture capital vehicle Elaia Delta Fund.
VC fund Acequia Capital and family office Financière de Blacailloux also invested in Cosmian, together with angel investors including…

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