French VC firm Ring Capital raises $170 million fund
Summary
From day one, Ring Capital has put together a team of investors who don’t share the same background and can provide additional value.Alban de La Breteche has a technical background and worked on research and development projects at Criteo.“Beyond the technical background of the team, when you’re in the tech industry, you can see that most companies that gain long-term value have technological assets,” Bragadir told me.Limited partners include Bpifrance through the “Programme d’Investissements d’Avenir”, AG2R La Mondiale, BRED, Danone and Tikehau Capital.Around 75 business angels, such as Morgane Sézalory (Sézane), Hugues Le Bret (Compte Nickel), Thierry Petit (Showroomprivé), also invested in Ring Capital and are willing to help portfolio companies with introductions and advice.