3. Ongoing contribution to the financing of numerous innovations

3.1 Venture capital's contribution to the emergence of new industries

The development of venture capital in the 1980s coincided with that of the American IT industry. In the late 1990s and 2000s, it also accompanied the emergence of the Internet giants. At the same time, since the early 1980s, it has supported the development of the biotech industry by financing Genentech, the first biotech company. In the early 2000s, venture capital turned its attention to financing start-ups positioned in clean technology application markets (Cleantech). Always in step with the emergence of new markets, venture capital currently finances companies in the fields of finance (FinTech), autonomous connected cars, digital health, new modes of commerce and logistics. In the healthcare sector, the focus...