Since 2007, the Orange Group has committed more than 750 M€ to its Corporate Venture Capital activity. Orange Digital Investment is used to finance and support innovation and transformation by investing in both venture capital and natural capital funds and by exploring new business opportunities with the startups in the portfolios of the venture funds. The aim is to create value through innovation in a responsible manner for Orange and our wider ecosystem.
Our mission
Orange Digital Investment holds the Group’s commitments in terms of venture capital and natural capital fund investments. This includes the internally managed Orange Ventures fund and ~20 externally managed funds. This Corporate Venture Capital activity supports innovation by improving our access to various Telco-related ecosystems and their innovative startups. In some cases, this can lead to commercial, technological and strategic partnerships with fund portfolio companies
How our investments help create sustainable value
Orange Digital Investment holds Orange’s 350 M€ engagement in the internal Orange Ventures fund and additional engagements of circa 400 M€ in funds managed by external management companies.
These external funds mainly have investment thesis which are focused on specific technologies, geographies and investment stages. In this way more than 500 companies have been directly or indirectly financed by Orange’s Corporate Venture Capital activity since 2007. The Group looks to see if and how these companies can work with Orange to help drive innovation, sales, operational efficiency and digital transformation. Some external funds cover natural capital and contribute to the Orange Group’s ambition to reach Net Zero Carbon by 2040, 10 years ahead of the Paris Agreement objective.
Orange Digital Investment is invested in funds managed by the following external management companies
Livelihoods (natural capital)
Mirova (natural capital)
Through these externally managed funds, Orange Digital Investment has participated in the development of several unicorns, including
- Exotec: a French specialist in robotics and software for warehouse management (became a unicorn in 2022)
- Kyriba: a French/US company and global leader in cloud-based treasury and finance solutions (2019)
- LeanIX: a German company (since bought by SAP) offering SaaS solutions to help corporates optimise their IT urbanisation and subsequent IT costs (2023)
- Pennylane: a French company offering a business-integrated and real-time accountancy tool for SMEs (2024)
- Shift Technology: a French company focused on automating and improving the experience of insurance policyholders through AI (2021)
- Sorare: a French sports entertainment specialist providing NFT-based platforms to create fantasy teams (2021)
- Synthesia: a UK company that uses AI to turn text into a video with a multi-lingual AI Avatar (2023)
- Talend: a French/US software publisher specialised in the integration, governance and real-time availability of data (2017)
- Zeta: an Israeli company offering Marketing Technology services based on AI, data and cloud solutions (2017)