Time4 is a new Daphnibacked fund dedicated to French entrepreneurs with diverse backgrounds | TechCrunch
News Source : TechCrunch
News Summary
- Time4 is a new fund with a target of €100 million and a mandate to invest in French founders from diverse backgrounds and rural areas
- Most venture-backed startups are Paris-based, with founders who come from the same handful of universities and schools
- Time4 will also consider backing entrepreneurs from remote or underprivileged areas, jobseekers and individuals with disabilities
Frances startup ecosystem has grown significantly over the last decade, thanks to public support and private investment. However, capital isnt evenly distributed. Most venturebacked startups are Par [+4150 chars]
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