Innovacom

Innovacom is a Paris-based deep tech venture firm founded in 1988 by France Telecom and now associated with Turenne Capital. The firm has invested over €1B across 300+ companies through 12 funds, with 150 successful exits. The most recent fund, Industries d'Avenir et Territoires 3, closed in February 2026 at over €31M. Stage focus runs seed through growth. Industrial portfolio includes Aura Aero (aircraft manufacturing), Exotrail (space propulsion), Cailabs (photonics), MicroEJ (IoT software) and Antaios (magnetic memory).