Convivialité Ventures
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Convivialité Ventures is the corporate venture arm of Pernod Ricard, the global wine and spirits group ranked number two worldwide. Founded in 2017, the firm operates with offices in San Francisco, Paris, Mumbai, and Shanghai, giving it a truly global investment footprint across North America, Europe, Asia, and India. Its core mission is to shape the future of socializing and human connection by partnering with and investing in innovative startups that go beyond traditional wine and spirits categories. The firm targets companies delivering novel services and experiences within what it broadly defines as the 'conviviality space,' encompassing hospitality, entertainment, social experiences, and innovative consumer products. Convivialité Ventures actively seeks entrepreneurs whose vision aligns with redefining how people come together to socialize and entertain. Investment areas include but are not limited to emerging beverage concepts, experiential hospitality platforms, and technology-enabled social experiences. As part of the Pernod Ricard ecosystem, portfolio companies gain access to one of the most expansive distribution networks in the global consumer goods industry, spanning over 160 countries and encompassing 240 premium brands including Absolut, Jameson Irish Whiskey, Chivas Regal, The Glenlivet, Havana Club, Martell, Malibu, Beefeater, and champagnes such as Mumm and Perrier-Jouët. Beyond capital, Convivialité Ventures provides portfolio startups with strategic expertise, partnership opportunities, and direct access to Pernod Ricard's brand companies and market companies worldwide. The parent company reported consolidated sales of €12.0 billion in 2023 and operates through six Brand Companies and 85 Market Companies. The investment team is internationally distributed and regionally specialized, with dedicated professionals covering U.S., EMEA, China, and India markets, supported by finance, communications, and strategic advisory functions. Convivialité Ventures represents a forward-looking vehicle for Pernod Ricard to diversify its innovation pipeline and stay relevant in an evolving consumer landscape by backing disruptive founders redefining shared human experiences.
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