What is the total amount of assets under management at FDJ United Ventures?
FDJ United Ventures was launched in 2015. We invest in European start-ups supported by La Française des Jeux (FDJ United), a specialist in gambling and betting. Our mission is to identify, finance and support start-ups that help or will help our group to innovate. Our investment capacity stands at €111 million of which €75 million has already been deployed over the past 10 years. These amounts include direct investments in start-ups and investments in venture capital funds such as Partech, Serena or Bpifrance.
At what stage do you invest and why?
We invest tickets ranging from €300,000 to €3 million in early-stage start-ups from pre-seed to Series A. Early-stage companies are the most forward-looking in terms of innovation. The objective is to develop a win-win relationship. For the start-up we invest in, this financing must act as a growth accelerator through facilitated collaboration with our group but also via easier access to FDJ United’s assets expertise and ecosystem. On our side, we gain privileged access to these technologies and their emerging models. Our investment thesis focuses on 6 verticals to support the group’s transformation. These are gaming & betting, digital acceleration, AI & new technology, retail technology, financial technology and technology for good.
