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Orange Digital Ventures invests EUR 15 mln in first year

Wednesday 27 January 2016 | 11:23 CET | News
In its first year, Orange Digital Ventures has invested around EUR 15 million in nine companies, including Wynd, Actility and Afrimarket, Deputy CEO Pierre Louette told Les Echos. This represents three quarters of the fund's initial investement budget of EUR 20 million. Louette said the programme will probably be extended for several years with at least similar resources. In addition, Iris Capital, an investment fund founded by Orange and Publicis in 2012, has invested between EUR 250 million and EUR 300 million in digital businesses to date. 

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Categories: General
Companies: Orange
Countries: France / World
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