Orange Digital Ventures becomes Orange Ventures and has a budget of 350 million euros to invest in technology companies operating in the sectors of connectivity, cybersecurity, financial services, health or education . While it was until then confined to seed, the French operator’s investment fund wants to develop its spectrum of action to more mature companies in Europe and the United States. The structure also intends to shine on Africa and the Middle East, two historic regions where the group is operational. As part of its investments, Orange Ventures plans to inject tickets of up to 20 million euros per transaction. By way of comparison, 20 million euros was the total envelope of the fund, with tickets between 500,000 and 3 million euros, for its first year of operation in 2015. At the time, the The creation of Orange Digital Ventures completed an open innovation approach which was notably materialized by the creation of Orange Fab, an acceleration program born in Silicon Valley in 2013.
