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‘Pride in supporting legends’: These athletes are boosting startups

Calling on champions to back innovative health and environmental startups is the challenge faced by the founders of venture capital firm Teampact Ventures, including Benjamin Kaiser, a former French rugby team hooker. “Successful sports teams have strategies that can be applied to business,” explains Basil Agay, also a rugby player who was named this year in Forbes’ list of Europe’s Most Promising Young Entrepreneurs Under 30. In this way, we enable great athletes to invest in effective technology. »

Created in 2021, the fund counts among its investors business leaders and about thirty athletes, including Antoine Dupont, who will take part in the 2024 Olympic Games in Paris in rugby sevens, international handball player Nikola Karabatic, football player Raphael Varane or MMA champion Cyril Ghana. . Some come just to deploy capital, others bring their skills to the fifteen startups in Teampact’s portfolio that have completed an initial fundraising of €20 million (the average investment ticket is between €750,000 and €1 million). It is now looking to attract family offices (asset management) and individual investors.

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Source: Le Parisien

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