Demeter launches the industrial seed fund for the cities of Lyon and Saint-Etienne

Stéphane Villecroze, President of Demeter, was in Lyon today at the Global Industries trade show, to launch, during a press conference, alongside the cities of Lyon and Saint-Etienne, and the Banque des Territoires, the industrial seed fund whose management was entrusted to Demeter before summer. The fund will be operational in October, thanks to confirmed subscriptions, notably from GRDF, whose regional director Guilhem Armanet was present, and from the Rhône-Alpes Savings Bank. Other subscribers are in the process of joining them in the coming days and weeks. Some very good projects are already in the pipeline in the fields of the circular economy, medical devices and clean energy, among others. The €80 million that will eventually be raised will be the fuel for tomorrow’s sustainable, high-impact industry