TLDR:
- Safran Corporate Ventures is increasing its investment capacity and equity stakes in startups developing disruptive technologies, with a budget of €130 million.
- The VC arm is focusing on decarbonization, sovereignty, and digital technologies, investing in startups like Ineratec, Avnos, Cranfield Aerospace Solutions, and Numalis.
Safran Corporate Ventures, the venture capital arm of Safran, is ramping up its investment activities to accelerate decarbonization and digital spend. The VC arm, formed in 2015, now has a budget of €130 million, an increase of more than 60%, to support startups developing disruptive technologies. With a focus on decarbonization, sovereignty, and digital innovation, Safran Corporate Ventures has invested in 22 startups, with 17 still in its portfolio. The VC arm is also launching two open innovation programs, Safran Explore Canada and Safran Explore Flying Experience, to identify and support promising startups in specific regions and industries.
Recent investments by Safran Corporate Ventures include startups like Ineratec, Avnos, Cranfield Aerospace Solutions, and Numalis, which are working on technologies related to synthetic fuel production, CO2 capture, fuel cell propulsion, and AI explainability. The goal is to enhance Safran’s support for startups and leverage external expertise to drive innovation in key strategic areas.
Safran, an international high-technology group, is committed to contributing to a safer, more sustainable world. With a global presence and a focus on research and development, Safran aims to make air transport more environmentally friendly, comfortable, and accessible. By partnering with innovative startups and investing in disruptive technologies, Safran is positioning itself as a leader in the aviation industry and a key player in the transition towards a more sustainable future.
