RAC IISeed fund in Auvergne-Rhône-Alpes region (France)
RAC II (Rhône-Alpes Création II) is a 26.6M€ seed fund dedicated to early-stage innovative startups located in Auvergne-Rhône-Alpes region. This fund is generalist and invests in any sector : medtech, biotech, foodtech, cleantech, industry, digital, IoT, services, … RAC II invests from 150k€ to 400k€ in first round and can follow-on up to 1M€ per participation on multiple rounds. RAC II fund has achieved its first round investments period during 2012 and 2017, and now have more than forty participations in portfolio. RAC II is currently in a follow, reinvestment, and exit period.