Venture capital firm Partech Ventures closed a seed fund raising €30m ($40m).
Backers in Partech Entrepreneur included 40 limited partners. Among them, BPI France, the BPI France-managed Fonds National d’Amorçage and Econocom.
The fund will focus on backing France and US-based technology startups investing from €200k to €1m.
Founded in 1982, the firm has offices in San Francisco, Paris and Berlin.