France Invests Big in Future as Startup Mecca

President Macron announced 5 billion euros of committed institutional capital toward late-stage venture capital

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French president Emmanuel Macron recently announced a government initiative that will deploy 5 billion euros of committed institutional capital toward late-stage VC, a year after strategizing with entrepreneurs and startups to elevate the country’s standing in the global tech industry.  

Alexis Chemblette is a Brooklyn-based reporter and contributor to Adweek.