Vilmorin & Cie has joined fellow corporates including BNP Paribas, Naval Group and MGEN as an investor in the targeted $87.5m PSL Innovation Fund.
Plant seed supplier Vilmorin & Cie has become a limited partner in the targeted $87.5m PSL Innovation Fund established by Université PSL under the management of venture firm Elaia Partners.
The size of Vilmorin & Cie’s commitment was not disclosed. It will participate over a ten-year term in exchange for preferential access to the fund’s innovation pipeline.
PSL Innovation Fund launched in July 2018 with partners including Université PSL itself and a host of corporates including financial…