Partech Ventures Holds First Close of Growth Fund at nearly $250M

Funding Rounds

Summary

Paris, France-based tech investment firm Partech Ventures held the first close of a growth fund at nearly $250M (€200M) Partech Growth is supported by major institutional investors, including Bpifrance, which specifically invested on behalf on the French Government as part of the Investing in the Future Programme, CNP Assurances, AG2R La Mondiale, Carrefour, Ingenico Group and Renault, and intends to provide between €10M and €30M of capital to fast-growing technology and digital companies that have already achieved significant revenues.Led by Philippe Collombel, Jean-Marc Patouillaud, Omri Benayoun, Bruno Crémel, and Mark Menell, the firm now covers the entire funding chain for startups also manages the Partech Entrepreneur Fund, which provides seed capital, and the Partech VI Fund for early stage Over the course of its history, Partech-funded companies have completed 21 initial public offerings, and over 50 M&A transactions valued over $100M.The firm also has offices in San Francisco, CA, and Berlin Germany.FinSMEs 26/01/2015

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Amount $250.0M Total raised
Date January 26, 2015 Announcement date
Investors - Lead investors
Company http://www.partechventures.com/ Funded company

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industries
Fintech & Banking
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Restaurant Software SaaS Point of Sale Software

Linked Companies

PAR Technology
$250M to $500M