Profile: Innovacom — French VC Fund
The French venture capital market has strengthened in recent years. Since the 2017 election of business president Emmanuel Macron, who promised to make the country a “startup nation”, the VC’s activities have been really significant.
AIN.TECH conducted a series of interviews with the most active French VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the appropriate fund for further cooperation.
This time we prepared a short article about Innovacom VC fund.
When was the fund launched?
What is your investment focus?
We invest in companies presenting real innovations of technical breakthrough.
What is the average investment amount?
Between €1 million and €5 million
How many transactions does the fund make per year?
Around 10. Innovacom manages several funds and raises funds every year.
Does the fund invest only in French startups or in foreign projects too?
We invest in companies from France and the European Union
What does the fund offers besides investing?
Managerial support and a network of experts.