17:33 Apr 28, 2018 |
French to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: philgoddard United States | ||||||
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4 +2 | new funds raised |
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Discussion entries: 6 | |
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new funds raised Explanation: "Levées" is short for "levées de fonds", defined as follows: "L'acte par lequel une entreprise se finance auprès de personnes autres que des organismes de crédit." http://www.chefdentreprise.com/Definitions-Glossaire/Levee-d... So this would consist of things like venture capital and crowdfunding, and if you Google "levée de fonds," most of the hits relate to startups. A smaller number concern expansions. One obvious translation is fundraising, but that has charitable connotations. So here's my suggestion for the first part of your text: "Investment in France's digital sector rose sharply in 2017, with €1.5 billion in new funds raised. While the number of companies involved was lower, at 460, the average total investment per company was €3.5 million." -------------------------------------------------- Note added at 1 hr (2018-04-28 18:48:00 GMT) -------------------------------------------------- Going on Shark Tank/Dragons' Den would be another example of a levée de fonds :-) -------------------------------------------------- Note added at 1 hr (2018-04-28 18:51:35 GMT) -------------------------------------------------- The numbers may not be quite right, since 1.5 billion divided by 460 is 3.3 million, not 3.5. |
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