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French Tech Souveraineté
France

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Business classification

VCID: 17605273
    Profile

    Corporate information


    Registration country
    Investment activity status
    Active investor

    Company type

    French venture capital fund focused on investing in defence-related companies in France.

    Overview

    Launched in June 2020 by the government, French Tech Souveraineté is an investment scheme managed by Bpifrance, with both offensive and defensive vocation, with a cumulative total amount of €650 million, to support French technology companies developing sovereign future technologies, which can be the prey of major foreign players or be overtaken by competitors who manage to better finance themselves.

    Fund terms

    Vintage
    2020
    Country from which managed
    France
    Fund type

    Funding rounds

    Fund Closing EUR 650,000,000


    USD 731,087,000 (Jun 2020) Change in valuation: unknown

    Selected investments

    Country Date Notes
    The Exploration Company Gmbh
    Developer of reusable cargo spacecraft.
    Germany 18 Nov 2024 Series B
    Initial investment. Round participant. Active

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