The Team report today that Blaise Matuidi has launched his own investment fund involving around 50 European athletes, including his former French international teammates N’Golo Kanté and Olivier Giroud.
The fund, called Origins, will be involved in supporting tech start-ups in the United States and Europe. Matuidi has teamed up with two French investors – Salomon Aiach and Ilan Abehassera – as well as former teammate Yohan Benalouane.
Matuidi successfully pitched the idea to around fifty other European athletes who agreed to get involved. The list includes footballers Paulo Dybala, N’Golo Kanté, Olivier Giroud and Kingsley Coman, as well as the captain of the French rugby team Antoine Dupont.
The former Paris Saint-Germain, now an Inter Miami ambassador, explains that “I have been interested in the world of new technologies for a few years, I wanted to open up to something other than football.” He adds that he was inspired by how US-based athletes are more business-savvy than Europeans and often invest in other businesses during their playing careers.
The fund will seek to invest in 15-20 start-ups and will use their investors’ high profile as athletes to help them. Two companies have already been singled out: Yumon, an NFT platform, and Ugami, a banking service for gamers.