Partech Ventures launches €360m fund for European tech startups

15 December 2023

funds, UK, fund landscape, regulation, technology, asset management, fund tokenisation, Steven Lightstone, Robert Mailer, Morgan, Lewis & Bockius

Paris-based global technology venture capital firm Partech has launched a new €360 million fund, Partech Venture, to support European startups specialising in mission-critical software, data and fintech.

This initiative follows the success of Partech International Ventures VII, focusing on digital transformation for Enterprises and SMBs.

The fund, led by Philippe Collombel and Reza Malekzadeh, aims to lead investments in 22 to 24 European companies at Series A/B stages, targeting recurring revenues of €1 million to €10 million. It focuses on application software, deep tech, B2B & B2B2C platforms and fintech & insurtech applications.

DDA and Compass Financial Technologies launch “world’s first” macro-factor-based Bitcoin index

Partech Venture has already invested in Smartpricing, an Italian firm enhancing hotel revenues through a Revenue Management System.

Half of the fund (€180 million) is already committed by Allianz France and BNP Paribas.

HAVE YOU READ?

THOUGHT LEADERSHIP

Download FE fundinfo's new whitepaper and discover how to balance compliance and cost by leveraging the latest technology.

DOWNLOAD NOW

Here’s what really drives a smoother tech migration. At Arcesium, we’ve compiled our best practices regarding successful client migrations. Simply download the whitepaper.

FIND OUT MORE:

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…

FIND OUT MORE

This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…

DOWNLOAD NOW