Benhamou Global Ventures, a San Francisco, CA-based venture capital firm which invests in Enterprise 4.0 companies globally, closed its fourth fund, at $110M.
Led by Eric Benhamou, Founder and General Partner, BGV will use this new capital to invest in startups at the intersection of global innovation and Enterprise 4.0.
The firm brings deep operational expertise to its portfolio companies, and actively works with CEOs to build value in the companies they create while providing the necessary capital to scale globally.
Its cross-border investment strategy allows BGV to source the most promising, capital-efficient startups originating in innovation hubs outside of Silicon Valley and help them scale in the U.S. Currently, 60% of BGV’s portfolio companies were founded outside of Silicon Valley across France, Israel, India and other parts of Western Europe.
With this fourth fund, BGV will focus exclusively on the Enterprise 4.0 domain. Enterprise 4.0 describes AI-first B2B startups that apply deep tech to novel data sets coupled with workflow automation. Most importantly these startups do so without introducing unintended race, gender or age bias while addressing data privacy and security concerns and providing transparency. This new vehcile will allocate capital towards companies implementing AI solutions in ways that are ethical and serve to deliver strong returns while improving the world around them.