École Polytechnique Alumni Fund Secures €21 Million for Deep Tech Startups
The alumni venture fund of France’s prestigious École Polytechnique has secured €21 million toward backing early-stage startups with university connections. The fund targets deep tech sectors including artificial intelligence, healthcare, and energy with investments ranging from €250,000 to €2 million.
University Venture Fund Gains Momentum
Polytechnique Ventures, the alumni investment vehicle of France’s prestigious École Polytechnique engineering school, has reportedly secured €21 million toward a new fund targeting university-affiliated entrepreneurs, according to sources familiar with the matter. The fund is said to be aiming for a final close between €30 million and €40 million as it continues to attract backing from the school’s distinguished alumni network.