Venture Capital Firm Aster Capital Raises €240M in Capital

Aster Capital, a venture capital firm dedicated to the energy transition and the mobilities of the future, has raised €240m in capital.

The raise brings Aster’s total funds under management to €500m.

A specialist in digital transformation and industries of the future, the investment firm provides support to growing companies in the sectors of energy, mobility and industry. The energy transition will be the first development line. The second angle for investment will be the mobilities of the future, in particular new usages; technologies and infrastructures fostering sustainable mobility and multi-modality and connected and autonomous vehicles.

The €240m capital increase operation will be invested in companies, at all levels of maturity, primarily in Europe and the United States, with potential for action in Asia. Aster covers all the world’s major innovation hubs, with offices in Paris, San Francisco and Tel Aviv, as well as a presence in China and Africa, through partner funds.
Investments will range from €250K at the seed level to €15M in the growth segment.

Led by Jean-Marc Bally, Managing Partner, and Fabio Lancellotti, Partner, Aster also provides support to entrepreneurs at all stages of their projects and enables them to reach the most relevant players, networks and markets for their development.
Over the last twelve months, the firm’s “Business Hub” has enabled more than 500 contacts and generated around twenty partnerships between startups and industrial players.

FinSMEs

16/11/2017

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