Alven Capital, a Paris, France-based venture capital firm, is to close its fourth fund (AC IV), at €120m.
Founded in 2000 and led by Guillaume Aubin, Charles Letourneur and Nicolas Celier, Alven Capital takes minority stakes in companies in the media, services and information technology fields.
To date, the firm has invested in about 60 companies with 30 companies currently in its portfolio.
Recent operations include
Mailjet, TextMaster, iAdvize, Drivy, SoCloz, E-Blink, Novapost, and Simple IT.
The amount of any initial investment is generally from €200k to €5m.