Bouygues Développement
Corporate venture structure of Bouygues SA
Also known as Bouygues Developpement, ISAI Build Venture, One Innovation
Central corporate venture team of the Bouygues group, Paris; runs minority startup stakes for Bouygues Construction, Bouygues Immobilier, Colas, TF1 and Bouygues Telecom since 2009.
Corporate venture team of the Bouygues group; not Bouygues Immobilier’s property-development activity.
- HEADQUARTERS
- Paris, France
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
FOCUS
- STAGES
- SeedSeries A
- ASSET MIX
- Venture capital
- GEOGRAPHY
- France
WHAT IT IS
Corporate VC. A corporation investing from its own balance sheet, usually with strategic goals.
ABOUT
Bouygues Développement describes itself as the corporate venture structure of the Bouygues group. Group subsidiaries invest in startups through their own vehicles (Construction Venture, Bouygues Immobilier Recherche et Développement, CIB Développement, One Inno, Bouygues Telecom Initiatives), and the central team analyses, negotiates and monitors those stakes; it reports more than 40 investments since 2009. Initial tickets run from €100k to over €1M for 5–20% stakes in seed and Series A rounds, with a board seat required. Since 2023 Bouygues also invests through ISAI Build Venture, an €80M corporate fund run by ISAI.
INVESTMENT THESIS
Seed and Series A capital increases, alone or with co-investors, in startups linked to the group’s businesses (construction, property, roads, media, telecoms); 5–20% target stakes with a board seat.
PORTFOLIO (26)
- since 2024
- Software & SaaS · since 2022
- Industrial & Manufacturing · since 2022
- Software & SaaS · since 2019
- since 2023
- Software & SaaS · since 2018
- Software & SaaS · since 2022
- Deep Tech · since 2023
- Deep Tech · since 2023
- Industrial & Manufacturing · since 2016
- Real Estate & PropTech · since 2015
- Media & Entertainment · since 2019
- Software & SaaS · since 2022
- Climate & Energy · since 2020
- Industrial & Manufacturing · since 2016
- Consumer & E-commerce · since 2010
- since 2020
- Industrial & Manufacturing · since 2018
- Media & Entertainment · since 2018
- since 2023
- Artificial Intelligence · since 2023
- YAD Spacesince 2015
- ProcureProSoftware & SaaS · since 2026
- ForesightSoftware & SaaS · since 2026
- CarbyonClimate & Energy · since 2025
- TemelionSoftware & SaaS · since 2025
TEAM
LINKS
FAQ
Bouygues Développement is a corporate venture arm based in Paris, France.
Yes. Bouygues Développement invests directly in private companies.
Bouygues Développement invests at Seed and Series A stages in Industrial & Manufacturing, Real Estate & PropTech, Media & Entertainment and Software & SaaS.
Bouygues Développement's stated ticket size is From €100K.
Key people at Bouygues Développement include Benoît Michard (Director, Bouygues Développement), Charles-Antoine Saltiel (Portfolio manager (Responsable de participations)) and Nizar Mamouch (Investment associate (Chargé d’investissement)).
Bouygues Développement's investments include Akidaia, ALICE Technologies, BLIC, Dawex, Depur Experiences, Evina, FACIL’iti and Firecell, among others.
The most recent publicly reported investment by Bouygues Développement is ProcurePro (A$15M round (Bouygues via ISAI Build Venture)), announced in May 2026.
No. Bouygues Développement invests its own capital and does not raise money from outside investors.