Partech Ventures Holds First Close of Growth Fund at nearly $250M

partech-venturesParis, France-based tech investment firm Partech Ventures held the first close of a growth fund at nearly $250M (€200M)

Partech Growth is supported by major institutional investors, including Bpifrance, which specifically invested on behalf on the French Government as part of the Investing in the Future Programme, CNP Assurances, AG2R La Mondiale, Carrefour, Ingenico Group and Renault, and intends to provide between €10M and €30M of capital to fast-growing technology and digital companies that have already achieved significant revenues.

Led by Philippe Collombel, Jean-Marc Patouillaud, Omri Benayoun, Bruno Crémel, and Mark Menell, the firm now covers the entire funding chain for startups also manages the Partech Entrepreneur Fund, which provides seed capital, and the Partech VI Fund for early stage
Over the course of its history, Partech-funded companies have completed 21 initial public offerings, and over 50 M&A transactions valued over $100M.

The firm also has offices in San Francisco, CA, and Berlin Germany.

FinSMEs

26/01/2015

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