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Venture fund makes joint US-France commitment

Partech Ventures, a venture capital firm, has announced a €60-million seed fund to invest in start-ups in France and the United States.

According to the Rude Baguette start-up blog, the fund will make one deal in the US and one deal in France every month. Roughly half the fund will be reserved for continued investment in the selected companies.

Internet and technology start-ups predominate in Partech’s portfolio.

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