Bouygues Developpement

Bouygues Développement, established in 2009, is the corporate venture capital arm of the Bouygues Group. It focuses on minority investments in startups that align with the group's diverse business sectors, including construction, real estate, media, and telecoms. Bouygues Développement supports Bouygues Construction, Bouygues Immobilier, Colas, TF1, and Bouygues Telecom in their innovative endeavors. Their investment strategy primarily targets Seed and Series A funding rounds, with initial investments ranging from €100,000 to over €1,000,000. Bouygues Développement aims for equity stakes between 5% and 20%, ensuring a strategic partnership and often securing a board seat to foster close collaboration. Bouygues Développement has built a robust portfolio that includes startups such as Construction Venture, Bouygues Immobilier Recherche et Développement, and Bouygues Telecom Initiatives. These investments reflect their commitment to innovation across their core industries. The team is led by Benoît Michard, Director of Bouygues Développement, who joined the group in 2015 and assumed his current role in 2021. The team also includes Maxime Paghent and Charles-Antoine Saltiel, both responsible for participations and bringing extensive experience in corporate law, finance, and strategic investments. Diane Fiocca, an analyst specializing in venture capital, joined in 2023, bringing expertise from her work with deeptech startups. Bouygues Développement's approach emphasizes strong, enduring relationships with entrepreneurs, providing not only financial support but also strategic guidance to drive successful project outcomes.