Company type | Venture capital |
---|---|
Founded | 2008 |
Headquarters | Paris , France |
Key people | François Véron, Patrick Malka, Henri Deshays |
Website | www.newfund.fr |
Newfund is a venture capital firm focused on early stage investment in France and the United States. Founded in 2008, it had raised more than 230 million euros as of September 2018, [1] mostly from entrepreneurs, business leaders, and family offices. It typically invests between €500,000 and €2m per company. [2] It has repeatedly been listed among the most significant venture capital funds in France. [3] [4] [5]
Newfund's geographical scope of investment is in France and the United States, including a dedicated fund in the Nouvelle-Aquitaine Region and the Basque Country initiated in December 2018. [6] Its sectoral scope has included web-enabled services, health technology, financial technology, and since 2021, neuroscience and mental health. [7]
Notable companies in which Newfund is an investor include Aircall, a cloud-based phone services provider; [8] Red Luxury, a Paris-based designer of fashion watches and jewelry; [9] and FairMoney, a prominent digital bank in Nigeria. [10] [11]
Notable exits have included Medtech, a robotic surgery company that developed the ROSA robot, listed on Euronext Paris from November 2013, [12] and purchased in July 2016 by Zimmer Biomet; [13] Luckey Homes, a Paris-based concierge services company, purchased in December 2018 by Airbnb; [14] Beyond Ratings, an ESMA-registered credit rating agency, purchased in June 2019 by London Stock Exchange Group; [15] [16] Eqinov, an energy efficiency services provider, purchased in February 2022 by Acciona Energy; [17] [18] Tageos, a designer and manufacturer of RFID labels, purchased in March 2022 by Fedrigoni; [19] [20] and In2Bones, a medical device designer and manufacturer, purchased in June 2022 by CONMED Corporation. [21] [22]
François Véron, a former board member of trade body AFIC (Association Française des Investisseurs en Capital, renamed France Invest in January 2018), [23] created Newfund in 2008. [24] [25] [26]
Company type | Venture capital |
---|---|
Founded | 2008 |
Headquarters | Paris , France |
Key people | François Véron, Patrick Malka, Henri Deshays |
Website | www.newfund.fr |
Newfund is a venture capital firm focused on early stage investment in France and the United States. Founded in 2008, it had raised more than 230 million euros as of September 2018, [1] mostly from entrepreneurs, business leaders, and family offices. It typically invests between €500,000 and €2m per company. [2] It has repeatedly been listed among the most significant venture capital funds in France. [3] [4] [5]
Newfund's geographical scope of investment is in France and the United States, including a dedicated fund in the Nouvelle-Aquitaine Region and the Basque Country initiated in December 2018. [6] Its sectoral scope has included web-enabled services, health technology, financial technology, and since 2021, neuroscience and mental health. [7]
Notable companies in which Newfund is an investor include Aircall, a cloud-based phone services provider; [8] Red Luxury, a Paris-based designer of fashion watches and jewelry; [9] and FairMoney, a prominent digital bank in Nigeria. [10] [11]
Notable exits have included Medtech, a robotic surgery company that developed the ROSA robot, listed on Euronext Paris from November 2013, [12] and purchased in July 2016 by Zimmer Biomet; [13] Luckey Homes, a Paris-based concierge services company, purchased in December 2018 by Airbnb; [14] Beyond Ratings, an ESMA-registered credit rating agency, purchased in June 2019 by London Stock Exchange Group; [15] [16] Eqinov, an energy efficiency services provider, purchased in February 2022 by Acciona Energy; [17] [18] Tageos, a designer and manufacturer of RFID labels, purchased in March 2022 by Fedrigoni; [19] [20] and In2Bones, a medical device designer and manufacturer, purchased in June 2022 by CONMED Corporation. [21] [22]
François Véron, a former board member of trade body AFIC (Association Française des Investisseurs en Capital, renamed France Invest in January 2018), [23] created Newfund in 2008. [24] [25] [26]