Orange Ventures makes financial investment in French media company Brut

PUBLISHED: Wed, 30 Jun 2021 10:59:30 GMT

PARIS, June 30 (Reuters) – The venture capital arm of France’s biggest telecoms group Orange has made a financial investment in online media and news firm Brut, with whom French President Emmanuel Macron staged a high-profile interview last December.

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Orange Ventures said on Wednesday that it had been one of the main investors in a new funding round for Brut that had raised $75 million, which Brut and Orange Ventures said would help Brut expand in the United States, Africa and India. (Reporting by Sudip Kar-Gupta, editing by Louise Heavens)

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