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Corporate VCPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 7 SOURCES

FDJ United Ventures

Corporate venture capital fund of FDJ United (La Française des Jeux)

Also known as FDJ UNITED Ventures, FDJ Ventures

Corporate venture fund of gaming group FDJ United (€111M capacity); invests €0.3–3M at pre-seed to Series A and commits to about 15 VC funds.

HEADQUARTERS
Boulogne-Billancourt, France
FOUNDED
2015
AUM
€111M (2025)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
5 people

Focus

STAGES
Pre-SeedSeedSeries A
SECTORS
Artificial IntelligenceFintechSoftware & SaaSMedia & EntertainmentConsumer & E-commerce
ASSET MIX
Venture capitalFunds (as LP)
GEOGRAPHY
FranceEurope

Overview

FDJ United Ventures is the corporate venture capital fund of FDJ United, the French lottery and gaming group formerly known as La Française des Jeux. Created in 2015 as FDJ Ventures, it first invested indirectly through VC funds such as Partech and Serena, and after the group’s 2024 acquisition of Kindred (Unibet) it was renamed and began investing directly in startups. It has a stated investment capacity of €111 million and backs pre-seed to Series A startups in gaming and betting, digital acceleration, AI and new tech, retail tech, fintech and tech for good. Recent direct investments include nVenue, Random State, Prelude, Finovox and Sopht.

Investment thesis

Early-stage startups (pre-seed to Series A) with collaboration and synergy prospects with FDJ United, in six verticals: gaming & betting, digital acceleration, AI & new tech, retail tech, fintech and tech for good; tickets €300k–3M; each deal includes a board-observer seat for the fund and one for a group business referent. Also runs a fund-of-funds activity with commitments to about fifteen VC funds.

PORTFOLIO (5)

  • Sopht
    Climate & Energy · since 2026
  • Finovox
    Fintech · since 2026
  • Prelude
    Artificial Intelligence · since 2026
  • nVenue
    Artificial Intelligence
  • Random State
    Media & Entertainment

People

  • Pierre Brousseau
    Director · source
  • Maxime Sbeghen
    Head of Investments · source
  • Laure Houdayer
    Senior Associate · source
  • Pierre Tramon
    Senior Associate · source
  • Louis Cournot
    Senior Associate · source

Links

Frequently asked questions

FDJ United Ventures is a corporate venture arm based in Boulogne-Billancourt, France, founded in 2015.

Yes. FDJ United Ventures invests its own capital in private companies. It also commits capital to third-party funds as an LP.

FDJ United Ventures invests at Pre-Seed, Seed and Series A stages in Artificial Intelligence, Fintech, Software & SaaS, Media & Entertainment and Consumer & E-commerce.

FDJ United Ventures's stated ticket size is €300K–€3M.

Key people at FDJ United Ventures include Pierre Brousseau (Director), Maxime Sbeghen (Head of Investments), Laure Houdayer (Senior Associate) and Pierre Tramon (Senior Associate).

FDJ United Ventures's investments include Sopht, Finovox, Prelude, nVenue and Random State.

The most recent publicly reported investment by FDJ United Ventures is Sopht (Series A), announced in Jun 2026.

FDJ United Ventures states that it accepts submissions through its official contact page.

No. FDJ United Ventures invests its own capital and does not raise money from outside investors.