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Allen & Overy advises Orano on the launch, in partnership with Supernova Invest, of the Orano Venture Fund dedicated to sovereign and sustainable industrial transition

Allen & Overy has advised Orano, a recognized international group in the nuclear materials sector, on the launch, in collaboration with Supernova Invest, of the Orano Venture Fund, an investment fund which will give priority to high-potential French and European startups in the fields of the circular economy and advanced industrial technologies, with the aim of meeting the challenges of decarbonization.

Orano has entrusted Supernova Invest with the management of the €50 million Orano Venture Fund, which will invest in European deeptech startups at the seed or series A stage. The sectors targeted are those of the circular economy (including recycling and production of strategic materials, value creation from industrial co-products, and digital traceability of materials) and advanced transformative technologies serving the industrial performance and engineering of tomorrow (advanced process control and optimization, predictive maintenance, interventional robotics for harsh environments, simulation and foresight taking account of climate impact).

The Allen & Overy Paris team was led in Paris by partner Antoine Sarailler and senior associate Donia Keriche on investment fund aspects, partner Romaric Lazerges and counsel Luc Lamblin on public law aspects, partner Guillaume Valois and senior associate Ageu Pires on Tax aspects.

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This content was originally published by Allen & Overy before the A&O Shearman merger

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