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French VC firm Founders Future plans US expansion
Founders Future, a Paris-based VC firm with €300 million in assets, is expanding to the U.S. after selling a 25% stake to investors including MACSF and the Dassault family. The firm aims to reach €1 billion in assets by 2030 and plans to raise a new growth fund focused on U.S. investments, enhancing support for European startups entering the U.S. market and vice versa.
Key points
- Founders Future has €300 million in assets and sold a 25% stake to prominent investors.
- The firm has invested in 110 companies since 2018 across multiple funds.
- Their goal for 2030 is to reach €1 billion in assets under management.
- Plans include U.S. expansion with new offices and a team on both coasts.
- The strategy includes creating a transatlantic bridge for portfolio companies.
- Founders Future aims to raise a growth fund focused on U.S. investments, targeting $250 million.
Why it matters
- The expansion aligns with trends of European VC firms increasing involvement in U.S. markets.
- Historically, successful European startups find higher valuations in the U.S.
- The trend of global investment partnerships is likely to grow amid rising global economic interdependence.
Founders Future's U.S. expansion represents a strategic move to bolster investments and support for startups across the Atlantic, potentially enhancing their portfolio's growth and opening lucrative markets by 2030.