Brut. raises $75 million in Series C funding from Orange Ventures, Lupa Systems and others
Brut is a global media brand that creates digital video content for those aged 18-35 years
French media company Brut. has raised $75 million in a Series C round of funding led by Orange Ventures with participation from Lupa Systems, Artemis, and Tikehau Capital. This new funding will help Brut to further its international ambitions.
Brut is a global media brand that creates digital video content for those aged 18-35 years. Brut publishes current topics every day in five languages on eight social media platforms with an international reach. It is the leading B Corp certified media company for its social and environmental commitments, governance and transparency to the public.
These additional funds will enable Brut. to accelerate and extend its activities to new markets such as the United States, India and Africa and to continue to diversify its content by placing emphasis on issues with cultural and social impact.
Present in 26 countries, including 18 in the Middle East and Africa, a region where Brut intends to accelerate its development, Orange will be able to generate new synergies with Brut on the African continent where the group has 124 million customers.
On the strength of previous editorial and commercial partnerships, Orange and Brut also share common values illustrated by Orange’s ‘Engage 2025’ strategic plan, guided by social and environmental responsibility and placing data and AI at the heart of its innovation model.
Jérôme Berger, Chairman and Managing Partner of Orange Ventures, commented: “By investing in Brut. as lead investor in the series C round, Orange Ventures is confirming its ambition and establishing itself as one of the main venture capital players in Europe. Brut. is a major media outlet and leader for the new generation with international resonance. We are proud to add this Next40 labelled start-up to our portfolio and to contribute to its international development.”
“I’m delighted to welcome Orange Ventures alongside Brut.’s new partners,” said Guillaume Lacroix, Brut. CEO. “All the investors recognize themselves in our values and are committed to supporting us in our mission to create a positive impact on new generations. Their expertise and experience will provide added value to Brut.’s global deployment and the leading services platform that we are building for creators, communities and brands.”