VC Fund
🇫🇷 ACOFI PREDIREC Innovation 2020
Sienna AM France · Paris, France
Fund size
EUR 63m
Stages
Debt
Focus
Generalist
EIF sector
Generalist
About ACOFI PREDIREC Innovation 2020
Debt fund from ACOFI Gestion (now part of Sienna Private Credit) pre-financing the French Research Tax Credit (Credit d'Impot Recherche) for innovative SMEs. The EUR 63m fund -- including a EUR 30m EIF commitment -- purchases accrued R&D tax credit receivables, giving companies early working capital. Five-year investment period.
EUACC IntelligenceFree preview
EUACC Intelligence
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