Founders Future, a Paris-based venture capital firm with €300 million in assets under management, has sold a 25% stake in its holding company to a consortium of investors, including MACSF, the Dassault family, CMA CGM Group, and others. This strategic move is part of the firm's ambitious plan to reach €1 billion in assets under management by 2030.

Since its inception in 2018, Founders Future has built a impressive track record, investing in 110 companies across two early-stage funds and a growth fund. The firm's portfolio includes notable startups such as Lydia, Alma, Taster, La Fourche, Riot, Swan, and Yuka, among others.

According to founding partner Marc Menasé, the sale of the stake is a deliberate step towards creating a more structured company, enabling Founders Future to achieve its lofty goals. "In a world where you've got a lot of personal initiatives in VC firms... we're creating a company," Menasé explained. "And so we wrote our roadmap for 2030. As we were writing this roadmap, we used that opportunity to reopen our capital in a slightly more structured way to give us the means to achieve our ambitions."

With the influx of capital, Founders Future is set to expand its operations to the United States, opening two offices – one on the East Coast and another on the West Coast. The firm plans to hire a team to support its American ambitions, which include raising a growth fund focused on US investments.

Menasé believes that European startups can benefit significantly from expanding to the US, where they can multiply their annual recurring revenue (ARR) by two or three times within 36 months of operating in the country. He attributes this phenomenon to the higher valuations and exit opportunities available in the US market, particularly through acquisitions by larger companies.

Founders Future aims to create a transatlantic bridge, facilitating the growth of its European portfolio companies in the US and, conversely, helping American companies expand to Europe. The firm's growth fund, which will focus on investments ranging from $5 million to $10 million in growth rounds of at least $50 million, is expected to raise up to $250 million. It is likely that MACSF, the Dassault family, and CMA CGM Group will invest in this US-focused growth fund, in addition to their stake in Founders Future's holding company.

The expansion into the US market marks a significant milestone in Founders Future's growth strategy, as the firm seeks to establish itself as a global player in the venture capital industry. With its sights set on reaching €1 billion in assets under management by 2030, Founders Future is poised to become a major force in the world of venture capital.