THE WHAT? Carrefour Group has announced it is joining forces with European venture capital firm daphni to launch Dastore, a dedicated venture capital fund aimed at investing in early stage start-ups that are addressing the digital retail space.
THE DETAILS Initially investing 80 million euros by taking minority stakes in high potential emerging startups in France and globally, the fund is said to allow the Group to stay close to innovations and emerging technologies.
A dedicated team will be set up for Dastore, made up of experts from both daphni and Carrefour.
In addition to Dastore’s financial investment, Carrefour will be able to provide the startups with business acceleration, operational support as well as easier access to clients, international markets and data insights that they can use to help them grow.
The investment will be focused on business areas related to Carrefour’s digital strategy priorities, including new e-commerce businesses, data and digital tools for operations and financial services in retail as well as logistics and supply chain new capabilities.
THE WHY? The partnership is said to bring a ‘unique value proposition and strong competitive advantages’ to the startups, with access to all the know-how of seasoned investors, alongside the industrial capabilities and global reach of Carrefour.
The initiative is also lauded as a significant milestone in the progress of Carrefour’s 2026 digital strategy, and aims to transform Carrefour into a Digital Retail Company.
Elodie Perthuisot, Carrefour Group’s Executive Director of E-Commerce, Data and Digital Transformation, said, “Launching this venture capital vehicle is a huge milestone in our innovation strategy and illustrates our willingness to further develop the links we have with the startup ecosystem. Investing in startups is an opportunity for Carrefour to speed up its own digital transformation, while at the same time helping early stage companies to grow faster. We have therefore opted for an unprecedented investment fund model in the retail space and are delighted to start this adventure alongside seasoned and well-known investors such as daphni.”