EUR 5 million for French telecom seed fund "T-Source"

An investment commitment has recently been signed between the EIF and I-Source Gestion, in which EIF has agreed to invest up to EUR 5 m (10% of maximum fund size) in I-Source's newest fund, T-Source. T-Source will focus on the seed stages of telecommunications companies, where there is a clearly identified equity gap in the French VC market.

The Fund will focus exclusively on telecommunications, primarily on disruptive or enabling technologies, and, to a lesser extent, on their application through high value-added services. The geographic focus of the Fund will primarily be in France.