Vilmorin & Cie has joined fellow corporates including BNP Paribas, Naval Group, KPN, Famille C and Mgen as an investor in PSL Innovation Fund, which is targeting an $87.5m close.
Plant seed supplier Vilmorin & Cie has become a limited partner in the PSL Innovation Fund established by Université PSL under the management of venture firm Elaia Partners.
The fund has a targeted close of $87.5m, and the size of Vilmorin & Cie’s commitment was not disclosed. It will participate over a 10-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…
