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France: Bpifrance invests EUR 47 million in biotech METabolic EXplorer

Description

On 8 July 2021, Bpifrance announced the investment of EUR 46.5 million (approx. USD 55.1 million) in the biotech company METabolic EXplorer (METEX). With this capital operation, Bpifrance holds 25.9% ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jul 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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