France Telecom-Orange to launch European VC fund – Mobile World Live

France Telecom-Orange to launch European VC fund

07 NOV 2011

France Telecom-Orange is planning to launch a venture capital fund with Publicis Groupe. The fund, which is still subject to approval by authorities, will focus on entrepreneurs in France and the European Union developing digital technology, content and services. The two companies will jointly contribute EUR150 million to the fund and invite other investors to contribute to reach a EUR300 million target.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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