Founders of the French company for VC Future Plans Us Expansion of the United States

Founders futureParis -based VC company with assets of 300 million euros under management (about $ 324 million in current exchange rates), opens the capital of the holding company that manages Future and Future Funds SoulS The company has sold a 25% share in the MACSF holding company, the Dassault family, CMA CGM Group and others.

Since 2018, Future founders has an interesting experience with some bets at an early stage in Lydia., Alma., Taster., Fork., Rebellion., Swan., YuccaAnd many other start -ups that we looked at here at TechCrunch. Overall, the company has invested in 110 companies in two Early Funds and a growth fund.

The founders of the future set an ambitious goal for 2030. The company wants to reach up to 1 billion euros assets under management, which means to raise new funds at a rapid rate.

“In a world where you have a lot of personal initiatives in VC companies – since you have a lot of solo GPS startup, you have many super angels – we create a company,” the founder Mark Menase told me. “So we wrote our road card for 2030. While we were writing this roadmap, we used this opportunity to open our capital in a slightly more structured way to give us funds to achieve our ambitions.”

With this influx of money, the founders are planning to expand in the United States, to hire a team and to open two offices – one on the east coast and the other on the west coast.

“I just made observation. You look at companies that start in Europe and which ultimately found a very good adaptation to the product market and generate significant revenue in the country of origin,” Menase said.

“What happens is that when they arrive in the United States … They multiply ARR by two or three times after 36 months working in the United States. They usually have a much better capacity to raise money from US investors and with much higher estimates -in general, twice as much as Europe,” he added.

He believes that startup companies based in the US reach higher estimates because they have more opportunities to go out, especially when it comes to acquisitions from bigger companies.

“So when you collect all this, we want to become a global company and make sure we have a European hand and a US hand and create a transatlantic bridge,” Menase said. “We do this first for our portfolio companies that are born in Europe so that they can expand there.”

But the future of the founders does not only want to open an advance for business development. He will raise a growth fund focused on US investment. The idea here is to help their European limited partners invest in US technology companies through Funders Future.

On the contrary, the company believes it can help US companies expand in Europe. The presence of a European company for its CAP table can be useful when it comes to navigating the European landscape of technology and politics.

“We will start with modest goals, with investment tickets varying between $ 5 and $ 10 million in growth circles of at least $ 50, $ 60 or $ 70 million,” Menase said.

Funding has not yet started for this fund, but the founders of the future hope it can raise up to $ 250 million. And I would not be surprised if Macsf, Dassault Family and CMA CGM Group eventually invest in this growth fund aimed at the United States in addition to the Future founder’s holding company.