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March 21, 2024

Nuclear energy giant Orano to back European industrial startups with new €50m CVC

It is Orano’s first CVC — and the company hopes that portfolio companies can help boost and expand its activities

French nuclear fuel producer and state-backed multinational Orano is committing €50m to a new corporate venture capital (CVC) investment vehicle dedicated to early-stage industrial startups that have the potential to boost or complement the company’s activities.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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