Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

French VC firm Founders Future sells 25% stake to key investors

Founders Future, a Paris-based venture capital firm managing 300 million euro (US$324 million) in assets, has sold a 25% stake in its holding company.

Buyers include MACSF, the Dassault family, CMA CGM Group, and other investors.

The firm aims to reach 1 billion euro (US$1.1 billion) in assets under management by 2030, necessitating additional fundraising.

Founders Future plans to expand its operations to the US by opening two offices, one on the East Coast and another on the West Coast.

It also intends to establish a dedicated team and launch a US-focused growth fund, targeting investments of US$5 million to US$10 million in growth rounds of US$50 million or more.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.