The Toronto-based incubator is partnering with the French business school to help early-stage startups commercialize. The incubator will accept 25 companies in its first Parisian cohort in 2020. (The Logic)
Talking point: In February, my colleague Catherine broke the news that CDL was opening its first European location in partnership with the University of Oxford. The incubator said at the time it was in the midst of a global push and looking at three new locations. It’s grown considerably since then, when graduates had generated over $3.1 billion in equity value. That number now exceeds $4.3 billion. CDL has also come under increasing scrutiny as Facebook’s only Canadian partner for its Libra digital coin, and it has forged this French connection amid the government’s public criticism of the venture.