Three years after its inception, La Poste’s corporate venture capital fund is expanding its scope of activities. Initially endowed with €35 million, La Poste Ventures is now increasing its funding capacity to €75 million, signaling a strategic shift toward two sectors experiencing rapid growth: deeptech and cybersecurity.
Until now, the fund primarily concentrated on areas closely related to the core activities of the group, such as logistics, healthcare, digital technology, and regional development. However, it is now opening up to disruptive innovations and digital security challenges. This strategic evolution reflects La Poste’s intention to anticipate technological shifts that could influence its business environment, demonstrating a forward-looking approach to innovation and competitiveness.
Managed in partnership with XAnge, La Poste Ventures targets early-stage startups across Europe, including seed, pre-Series A, and Series A companies. The fund typically invests as a minority shareholder, holding between 5% and 20% of the startup’s equity, with investment amounts ranging from €300,000 to €3 million. Since its launch in 2021, the fund has already invested in twelve startups (as shown in the accompanying image), aiming to reach a total of about thirty investments.
The newly adopted focus on deeptech aims to capture cutting-edge innovations in applied research, advanced materials, and quantum technologies. At the same time, the focus on cybersecurity recognizes the increasing importance of safeguarding digital services and critical infrastructure amid the ongoing digitalization of public services and other vital sectors.
La Poste Ventures emphasizes that its startup selection process adheres to environmental, social, and governance (ESG) criteria, aligning with the broader commitments of the group. The incorporation of these two new strategic axes signifies an important step in shaping the company’s innovation policy, seeking to blend technological diversification with the transformation of its traditional core operations.