With initial investment capital of €50 million for a period of three years, Safran Corporate Ventures will take minority stakes in startups with disruptive technologies and/or new business models. Its strategy is based on four founding principles:
- Investment in companies that are starting to take off, whose technologies are proven and generating initial sales.
- Focus on companies in Europe and North America (but will eventually have global coverage).
- Selective investments of a few million euros in each company.
- Preference for investment alongside other corporate venture capital firms or capital investors (on an equal footing).
Safran Corporate Ventures will also promote commercial or development agreements between the startups in its portfolio and one or more of Safran's own entities.
Safran Corporate Ventures will focus in particular on startups in the Group's business sectors — aerospace, defense and security — but it will also work with companies in other industries if their technologies are applicable to Safran's businesses.
Priority areas of focus include amongst others:
- Advanced materials.
- Robotics and new manufacturing or maintenance techniques.
- Networked sensors and data analysis.
- Energy production, distribution, transmission and storage systems for aircraft and other vehicles.
- Solutions and technologies for security and identification (physical and digital).