Orange Ventures makes financial investment in French media company Brut

The venture capital arm of France's biggest telecoms group Orange has made a financial investment in online media and news firm Brut, with whom French President Emmanuel Macron staged a high-profile interview last December.

Orange Ventures said on Wednesday that it had been one of the main investors in a new funding round for Brut that had raised $75 million, which Brut and Orange Ventures said would help Brut expand in the United States, Africa and India.