Crédit Mutuel Innovation
Crédit Mutuel Innovation is a venture capital firm specializing in the seed, startup, growth capital, early venture, mid venture, late venture and international expansion stages. It prefers to invest in information and telecommunication technology, high technology, healthcare, industrial innovations or environment, electronics, life sciences, environment, and new materials. The firm seeks to invest in France, Canada, and USA. The firm prefers to invest between €0.5 million ($0.56 million) and €3 million ($3.37 million). The firm makes balance sheet investments between $1 million and $10 million. It prefers to take a seat in the board of directors of its portfolio companies. CM-CIC Innovation is based in Paris, France with an additional office in Lyon, France; Bordeaux, France; Nantes, France and Montréal, Canada. Crédit Mutuel Innovation operates as a subsidiary of CM-CIC Investissement.
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