Global leader in consulting, technology services and digital transformation Capgemini (Capgemini Ventures) and French venture capital firm ISAI have teamed up to launch an investment fund focused on B2B startups and scaleups.
With a target allocation of €90m, the new vehicle aims to take minority stakes in young technology companies that have developed innovative solutions (IaaS, SaaS, PaaS) and sustainable IT.
Managed by ISAI, the ISAI Cap Venture fund will target young companies around the world, and namely in Europe, having reached a stage of maturity that allows a joint commercial approach with Capgemini.
It will co-invest into financing rounds led by venture capital funds (Series A onwards) with an entry ticket between €1m and €5m.
Capgemini will facilitate client adoption of the innovative solutions and accelerate the growth of the startups and scaleups within the portfolio.
The deal flow will be managed by Capgemini via the mobilization of the Group’s employees and its worldwide network of “Applied Innovation Exchanges“. ISAI will actively contribute through its access to the venture capital ecosystem across Europe and the USA.
Following the initial selection based on the potential synergies with Capgemini, the vehicle will invest into 15 to 20 startups/scaleups.
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