Paris-based Ventech, a pan-European multi-sector early-stage venture capital firm, announced the final close of its sixth flagship fund at €175M.
This amount is 15 per cent more than its previous fund and is the largest in the company’s 26-year history, says the company.
The new fund aims to support about 35 European tech startups from their early Seed and Series A stages until they exit.
The announcement comes over a year after Ventech exited the Believe with a multiple of 36x for its fund III.
Invested in 15 companies
The announcement comes at a moment in the European tech scene where artificial intelligence is rapidly changing industries. Ventech plans to invest 50 per cent of its capital in AI-driven projects.
Besides AI, the firm is also focusing on four other areas — Digital Health, Industrial Software, Cybersecurity, and Sovereignty.
“We are entering a new cycle of disruption driven by AI and deep technological shifts. Now is the time to build, and we are thrilled to partner with ambitious founders tackling the biggest challenges and opportunities of our time,” says Jean Bourcereau, Chairman and Managing Partner at Ventech. “With 5 offices and a strong network across Europe, we are poised to support the next generation of category-defining companies from day one.”
To date, Ventech Capital VI has already invested in 15 companies, including the
- German space traffic management company – Okapi Orbits,
- Finnish M&A SaaS firm – Inven
- Swedish AI service management startup – Starhive,
- The platform for building AI agents called Vertesia,
- The French company, which specialises in next-gen equity research – Omaha Insights
Ventech: Early-stage venture capital firm
Ventech is a global early-stage VC firm that backs the most innovative and visionary tech entrepreneurs with global ambition.
The VC was established just before the dot-com bubble, a time when many venture capital funds and startups struggled.
With its dual structure platform, Ventech has dedicated funds for Europe (Paris, Munich, Berlin, Helsinki, and Stockholm) and Asia (Shanghai and Hong Kong).
Since its inception, Ventech has raised over €1.1B and has realised over 320 investments (including Vestiaire Collective, Prewave, Ogury, The Customisation Group, Veo Technologies, Crossbeam, Speexx, Keep) and 185 exits.
The team at Ventech consists of 18 individuals from 6 different countries, all focused on creating long-term value. This includes 10 investors, 6 of whom are General Partners with an average of 17 years of experience in venture capital.
These partners manage deals, serve on boards, and provide support to startups within a flat partnership structure.
Jean Bourcereau take over as chairman
As Alain Caffi, the Founding Partner of Ventech, retires after an exit from Believe, he has handed responsibility to Jean Bourcereau to continue the firm’s mission.
Additionally, the VC has expanded its operational team over the past three years with key hires, including a Head of Marketing, a Head of Investor Relations, and an Impact & ESG Manager.
In 2020, the firm launched AFI Ventures, an early-stage impact fund. This fund has become active in the impact investing space across Europe, supporting over 40 impact-driven startups and deploying 60 per cent of its fund commitment.
Jean Bourcereau concludes, “We’re proud to have raised this sixth-generation fund with the backing of a diverse group of international LPs. A 95% re-up rate speaks volumes about the trust in Ventech’s performance and core beliefs. We’re also honoured to see over a dozen former founders return as investors, one of the strongest endorsements we could receive. The entire team is deeply grateful for the continued trust of our LPs and the founders who chose us to stand by their side!”
