European Venture Capital firm Ventech raises €140m for its 5th fund dedicated to European Tech entrepreneurs
Paris, Münich, Helsinki, 21 March 2018 – Specialised in Series A investment, Ventech is reinforcing the strategy that has made its success over the past 20 years with the closing of a 5th fund, Ventech Capital V. From offices in Paris, Munich and Helsinki, Ventech’s 6 Partners identify and support the best European entrepreneurs in tech. Subsequent to this first closing at €140m, the team is giving herself few months to reach the €200m hard cap.
The new fund will invest mainly in Seed and Series A tickets ranging from €0.5 to 15m, in companies demonstrating a high technological added value and global expansion capacity, which Ventech supports with its multiple offices across Europe, a strong network in the USA (where more than 75% of the portfolio companies are present), and its sister company Ventech China, based in Shanghai since a decade. A pioneer of Venture Capital in China, Ventech is currently investing its third generation of funds there.
Ventech Capital V will exclusively be made of European institutional investors and family offices, including initial 20 year loyal subscribers, founders of companies that Ventech has supported and new investors eager to benefit from the growth created by Tech entrepreneurs in Europe.
“We are grateful to all the investors who are putting their trust in us for this fifth fund, some of which since 20 years. Our ambition remains unchanged: help to build the tech champions in Europe. Thanks to our teams in France, Germany and in the Nordics, we are able to identify, at an early stage, the best entrepreneurs which we then support throughout their international development,” says Jean Bourcereau, Managing Partner, Ventech. “At Ventech, we are convinced that the next great European leader will be a technological company.”
The Ventech team, with an unparalleled individual and collective experience in continental Europe with more than 120 investments and 60 exits, including 15 IPOs, will deploy this vehicle in 25 to 30 new champions, just like for previous and present Ventech success stories such as Believe, StickyADS.tv, Withings, Webedia.
Tero Mennander, Partner
+358 50 487 3731
Ventech, one of Europe’s leading venture capital firms, invests through offices in Paris, Munich and Helsinki into high-growth companies with activities in the digital economy (Enterprise Software, Deep Technology, Marketplaces, Media). In China, Ventech manages a dedicated regional fund with a team based in Shanghai which also offers business development support in Asia for European portfolio companies. With more than 850M€ raised since 1998, Ventech has invested in over 150 companies in Europe, China and the US.
Current active investments in Europe include successful high growth companies such as Believe, Curse (acquired by Amazon), Freespee, Ogury, Picanova, Speexx, StickyADS.tv (acquired by Comcast), Tellmeplus, Vestiaire Collective, Webedia (acquired by Fimalac) or Withings (acquired by Nokia).