Digital funds of funds
Bpifrance invests in digital VC funds in Europe, Asia and North America to generate open innovation benefits and financial performances.
These investments are made through a specific program: the Digital Fund of Funds. The size of this fund is €140 millionm and its investors include the Caisse des Dépôts, CNP Assurances, Egis, Icade, SNI and Transdev.
In addition to the financial performance objective, funds selected by Bpifrance must bring open innovation benefits to the above mentioned investors including the identification of major trends in digital innovation, the increase of their capacity to do business and implement research agreements with start-ups and, as the case may be, investments in start-ups.
Managing Director/ Head of Technology Funds investments
Some examples of success stories :
- Sumeru Equity Partners III
- Balderton VI