Algodone Raises Funds from CM-CIC Innovation

Paris — October 12, 2017 — Following the first capital round in November 2016 from a pool of Business Angel networks (Méliès, Insead BA, Val Angels, Cèdre Participations), the microelectronics endowment fund FOREIS and the co-investment fund Angels Source, Algodone also opens its capital to CM-CIC Innovation, a subsidiary of the Crédit Mutuel CM11 group, to finance its commercial development.

For more information, please read the press release (in French).

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