Groupe Arnault, the holding and family investment group of the Arnault family, has set up a new entity to provide early capital for startups, according to <a href="https://business.lesechos.fr/entrepreneurs/actu/0212023760969-aglae-bras-arme-de-groupe-arnault-309143.php" target="_blank">a report</a> in Les Echos. Billionaire Bernard Arnault is best known for his ownership of the biggest luxury goods group in the world in terms of sales, LVMH.