VC Directory

GROWTH VCs in France Directory

Curated index of active venture capital funds investing in Europe and Israel. Track partners, stages, and check sizes.

FrenchFounders

FR

Based on the information available on the homepage, FrenchFounders presents itself as a global Francophone business network rather than a traditional venture capital firm. The website emphasizes community building and facilitating connections between French-speaking entrepreneurs, executives, and investors across different countries. While not explicitly stating an investment thesis, the focus on a global Francophone network suggests an implicit strategy of fostering opportunities for members, which may indirectly involve investment opportunities or partnerships. They aim to connect leaders and drive business opportunities within the French-speaking business community worldwide. Without further information, we can infer that the underlying rationale might involve tapping into the perceived strength and potential of the Francophone business community. It could be that they believe there is untapped potential, innovation, and deal flow that can be unlocked by fostering stronger connections and collaboration within this community. By creating a platform for networking, knowledge sharing, and deal discovery, they aim to act as a catalyst for growth and innovation within the global Francophone ecosystem. While not directly a VC firm making direct investments, the strength of their network and access to members who are themselves VCs, angel investors, or business leaders who provide capital, makes FrenchFounders an important platform to access the global Francophone market. The implicit theory is that a strong network will improve the likelihood of investment among its members.

Early Stage

Hexa

FR

Hexa Group is a globally recognized blockchain investment group founded in 2017. They focus on driving innovation and growth within the blockchain space through strategic investments and collaboration. With a seasoned team possessing deep industry knowledge, Hexa is dedicated to empowering Web3 and supporting groundbreaking projects that shape the future of the decentralized ecosystem. Their approach seems rooted in identifying and nurturing projects at the forefront of the Web3 revolution. They aim to be more than just a capital provider, acting as a strategic partner to their portfolio companies.

Early StageWeb3Blockchain

IRD Gestion

Toulouse, FR

IRDI Capital Investissement is a regional venture capital firm focused on supporting the economic dynamism of companies in the South-West of France. They act as a partner investor for innovation, SMEs, and mid-sized companies (ETI) for over 40 years. They provide capital investment at various stages of development, including seed, creation, growth, and transmission. Their investment strategy emphasizes a pragmatic and audacious vision of the management teams of startups, SMEs, and mid-sized companies in regional areas. The firm aims to foster job creation and promote the economic development of key sectors in the South-West of France. Their approach involves adapting to the core problems and needs of companies, building connections within their economic and industrial network, and offering proactive support. They aim to create value for the companies they invest in by helping them achieve sustainable and innovative growth. They emphasize being a reliable partner and offering more than just financial means to help companies succeed. IRDI Capital Investissement manages nearly 550 million euros and operates 14 funds, including 2 evergreen funds. They have supported over 1000 companies across diverse sectors and development stages. Their team of 29 professionals, located in Toulouse, Montpellier, and Bordeaux, allows them to maintain close relationships with companies and their ecosystems, providing rapid responsiveness. The firm operates with values of dynamism, utility, humility, and proximity to their portfolio companies. They are focused on helping companies in the South-West of France achieve their growth ambitions, creating jobs and bolstering the regional economy.

Seed, Creation, Development, Transmission, ReboundInnovationPME

ISAI

Paris, FR

ISAI is "The French Tech Entrepreneurs’ Fund." The firm appears to focus on supporting companies in the early stage, growth, and buyout phases, also having a Growth Lending arm. They invest across various sectors, as highlighted by their portfolio companies. The recent news regarding Naboo raising a significant Series B round led by Lightspeed Venture Partners, with ISAI participating, suggests a strategy of backing high-growth potential companies, especially those leveraging AI and expanding internationally. ISAI aims to identify and support companies redefining their industries through innovative technology, as demonstrated by Lightspeed's investment in Mistral AI, another prominent French AI company. The firm seeks to help these companies scale rapidly and expand into key global markets.

Early Stage VC, Growth & Buyout, Growth LendingAICorporate Events (MICE)

ISAI Gestion

FR

ISAI Gestion is a French venture capital firm that invests in tech companies across various stages, from early-stage to growth & buyout and growth lending. They position themselves as the investment fund of tech entrepreneurs, likely indicating a strong network of entrepreneur LPs and a focus on backing founders. They operate across multiple funds focusing on different investment stages. The firm also has a Corporate VC arm which might indicate strategic partnerships with large corporations to offer startups access to resources and expertise. They have an ESG (Environmental, Social, and Governance) commitment.

Early Stage, Growth & Buyout, Growth Lending, Corporate VCTech

InfraVia Capital

Paris, FR

InfraVia Capital is a leading independent European private equity firm specializing in real assets and technology investments. They are conviction-driven investors, focusing on resilient businesses where they can partner with management teams, entrepreneurs, or industrials to develop their businesses and drive long-term value creation through active hands-on asset management. They aim to connect long-term capital with investments required for the digital revolution, energy transition, urbanization trends, mobility usages, and demographics. They have developed complementary investment strategies to provide investors with a comprehensive range of opportunities across these long-term trends supported by a common investment culture. InfraVia invests in companies with high development momentum, providing institutional leadership and acting as a business accelerator to support management teams on their journey towards sustainable growth. They provide an ecosystem of resources covering a wide range of expertise. This includes equity at scale for buy-and-build strategies, mobilizing senior advisors and business partners to accelerate internationalization, leveraging their tech ecosystem to foster innovation and digitalization, optimizing balance sheet resources, and sharing best practices across the portfolio. They foster the sustainable development of their assets by listening to stakeholders and setting high expectations. InfraVia's investment strategies are centered around four key areas: Infrastructure, Growth, Critical Metals, and Real Estate. Within Infrastructure, they target sectors influenced by the digital revolution, urbanization, decarbonization, and the demand for essential services. Their Growth equity strategy focuses on European B2B companies with potential for scaling and market leadership, particularly in B2B software and digital platforms. In Critical Metals, they prioritize responsible sourcing in compliance with ESG standards. Their Real Estate strategy targets high-potential assets in prime city-center locations, with a value-creation approach through repositioning and refurbishment.

GrowthInfrastructureCritical Metals

InfraVia Capital Partners

Paris, FR

InfraVia Capital Partners is a leading independent European private equity firm specializing in real assets and technology investments. They are a conviction-driven investor, focusing on resilient businesses where they can actively partner with management teams, entrepreneurs, or industrials. Their investment strategy aims to connect long-term capital with investments required for the digital revolution, the energy transition, urbanization trends, mobility usages, and demographics. InfraVia has developed complementary investment strategies to provide investors with a comprehensive range of opportunities across these long-term trends, all supported by a common investment culture. They invest across infrastructure, growth equity, critical metals, and real estate, tailoring their approach to the specific needs and opportunities within each sector. Their approach involves hands-on asset management to drive long-term value creation. They have built a robust business ecosystem for sourcing investment opportunities throughout Europe. With a team of over 100 professionals operating across 15 European countries, InfraVia demonstrates a significant operational capacity. InfraVia's recent activity in deals and news suggests a proactive approach to ESG considerations and significant investment activity within the digital infrastructure and renewable energy sectors, indicating a commitment to sustainable and technologically advanced investments.

GrowthInfrastructureCritical Metals

InfraVia Growth

FR

InfraVia Capital is a leading independent European private equity firm specializing in real assets and technology investments. They are conviction-driven investors, focusing on resilient businesses where they can partner with management teams, entrepreneurs, or industrials to develop their businesses and drive long-term value creation through active hands-on asset management. Their investment strategy is built around long-term trends, specifically the digital revolution, energy transition, urbanization, mobility usages, and demographics. They aim to connect long-term capital with the investments required to capitalize on these trends. InfraVia's investment strategies cover a comprehensive range of opportunities across infrastructure, growth equity, critical metals, and real estate. They believe infrastructure investments will be impacted by the digital revolution, increasing urbanization, the need for decarbonization, and the continuous demand for high-quality essential services. The growth equity strategy focuses on European B2B companies with the potential to scale and become market leaders, with a focus on B2B software and digital platforms. The critical metals strategy emphasizes responsible sourcing in compliance with strong ESG standards, recognizing the strategic importance of access to critical minerals. The real estate strategy targets high-potential assets in prime city-center locations with an active value-creation approach through repositioning and refurbishment. To support management teams, InfraVia provides institutional leadership and acts as a business accelerator. They offer an ecosystem of resources covering a wide range of expertise, invest equity at scale to deliver on buy-and-build strategies, mobilize senior advisors and business partners to accelerate internationalization, leverage their tech ecosystem to foster innovation and digitalization, optimize balance sheet resources and finance growth, share best practices across their portfolio, and stimulate dialogue across their ecosystem. InfraVia emphasizes sustainable development by listening to stakeholders, setting high expectations, and working together to achieve them, aligning their strategy with the United Nations’ Sustainable Development Goals (SDGs).

GrowthInfrastructureGrowth Equity (B2B Software

Inter Invest Group Investment Management Company

Paris, FR
I

Inter Invest Group Investment Management Company appears to focus on tax-advantaged investments and wealth management solutions for individuals. They offer various investment products including PER (Plan d'Épargne Retraite - Retirement Savings Plan), Loi Girardin (tax incentive for investments in French overseas territories), Private Equity, and Nue-Propriété (bare ownership real estate). Their investment approach seems tailored to individuals looking to reduce their income taxes and prepare for retirement. The firm also offers structured products with capital guarantees and optimized performance, as well as SCPI (Société Civile de Placement Immobilier - Real Estate Investment Trust). Their services target retail investors, offering investment options starting from relatively low amounts (e.g., €10,000). They provide personalized subscriptions and simulation tools to cater to individual investment needs. The awards and client testimonials suggest a reputable standing within the French investment community. The firm's strategy appears to be centered around providing access to investment opportunities that offer tax benefits and long-term growth potential. Their product offerings span across different asset classes, enabling them to cater to a wide range of investment preferences and risk profiles. The focus on Loi Girardin suggests expertise in navigating the complexities of French tax regulations. The availability of Private Equity investments indicates a focus on potentially higher-return opportunities, albeit with corresponding risks. Inter Invest's marketing emphasizes reducing current income taxes and retirement planning, with specific promotions aimed at the 2026 tax year. They actively promote their accolades from various financial publications and client satisfaction ratings. The inclusion of 'Solvest Seleny III', a structured product with a subscription deadline, indicates their ongoing development and promotion of specialized investment solutions. The repeated emphasis on awards for Girardin industriel (industrial Girardin) further supports their specialisation in this tax incentive scheme.

Not specified, likely pre-seed through growth, but seems to focus on retail investors.Tax-advantaged investmentsRetirement planning

KIMPA Impact

Paris, FR
K

KIMPA Impact is a multi-family office that focuses on growing and preserving capital, creating meaning, and providing time back to its clients. The firm aims to perpetuate family wealth and harmony across generations. Their approach involves structuring tailored investment portfolios to optimize, transmit, and diversify assets. They emphasize an integrated approach considering return, risk, and impact, ensuring investments align with long-term strategies and personal values. KIMPA also offers philanthropic strategy development, helping families unite around shared values and measure the impact of their commitments. They provide support for international families, securing assets across borders by anticipating tax, inheritance, and mobility issues. Additionally, they offer boutique M&A services to support entrepreneurs in managing their wealth, investing, transmitting their businesses, and creating meaningful projects.

Not explicitly mentioned, likely late-stage venture and growth equity given the M&A and family office nature of the firm.Impact InvestingSustainable Mobility

Karista

Paris, FR

Karista is an early-stage venture capital firm created in 2001 that invests in Health, DeepTech (Space & Defense), and Digital companies across Europe from Seed to Series B+. They aim to back and guide companies from inception to success, believing investment is about more than just money and focusing on the people behind the projects. Karista provides support to founders and entrepreneurs very early on, helping them structure their teams for growth and scale. They are risk-takers who believe in bold projects with strong value propositions and support companies ready to impact their market and make a difference to users' lives. They seek to share a common vision with entrepreneurs and co-investors, building a respectful and stimulating dialogue. Karista typically asks for a board seat to provide expertise, support, and network and is deeply involved with the founding team on key areas such as sales, business development, marketing, and recruitment.

Seed, Series A, Series B+HealthTechDeepTech (Space

Keenest

FR

Invests in high-impact, scalable decarbonization solutions with measurable climate benefits. Focuses on projects with validated go-to-market strategies and potential for rapid CO₂ reduction. Uses a rigorous selection process to ensure top 1% performance and aligns financial returns with environmental impact.

Seed to Series A (early-stage to growth-stage)Early-stage and growth-stage startups focused on decarbonization and climate impact.

Keensight Capital

Paris, FR

Keensight Capital is a European Growth Buyout investor focused on partnering with management teams of fast-growing and profitable companies in the Technology and Healthcare sectors. They provide capital, strategic guidance, and operational support to help these companies scale and achieve their growth objectives. The firm has a long history in these sectors, with over 25 years of experience. They aim to be partners in growth, leveraging their sector expertise and resources to support their portfolio companies.

Growth BuyoutTechnologyHealthcare

Kurma Growth Opportunities Fund

FR

Kurma Partners focuses on funding healthcare and biotechnology companies in Europe, spanning from company creation to capital expansion. They aim to transform disruptive scientific discoveries from leading European academic research into cutting-edge medicines and medical devices. Their approach involves working closely with research teams early on to validate discoveries, bring together healthcare industry experts and experienced entrepreneurs to create high-tech companies. They provide capital and invite other investors, aiming to build the healthcare industry of tomorrow and have a positive impact on sustainable development through their ESG practices. Kurma's investment strategy centers around building companies from the ground up, often collaborating directly with research centers to identify and validate promising scientific breakthroughs. They actively participate in the early stages, providing not only capital but also expertise and a network of industry professionals to guide the companies' development. This hands-on approach differentiates them from other healthcare investors, enabling them to shape the direction and growth of their portfolio companies. The firm's commitment to ESG principles is evident in their dedication to sustainable development within the healthcare sector. They seek to contribute positively to the industry's future by supporting companies that address unmet medical needs and drive innovation. By investing in companies with a strong potential for growth and impact, Kurma Partners aims to generate both financial returns and societal benefits. Their unique approach enables them to build more than 10 companies over the past 10 years and finance more than 40 companies, many of which have become recognized leaders in their respective sectors.

Company creation, Early stage, Capital expansionHealthcareBiotechnology

La Maison Partners

FR

La Maison Partners is a boutique investment firm founded by entrepreneurs for entrepreneurs. They focus on exploring new investment territories and investing differently. They aim to invest in ambitious management teams with high-value propositions, providing them with expertise and access to a network of industry leaders to ensure long-term performance. They operate across venture capital, growth/LBO, and fund investments, seeking exceptional entrepreneurs, fast-growing companies, and talented management teams in niche sectors. Their values are proximity, daring, and agility.

Venture Capital, GrowthVenture CapitalGrowth/LBO

Lauxera Capital

Paris, FR

Lauxera Capital Partners is an independent, international asset management company focused on growth companies in the healthcare sector. They aim to invest in growth-stage, scientifically de-risked healthcare businesses that have the potential to become durable, market-leading franchises. Their investment philosophy centers around partnering with motivated, world-class managers, providing both capital and expertise to improve the efficiency of the healthcare system, save lives, and reduce costs. With offices in Paris and San Francisco, they are positioned to leverage opportunities in both European and US markets. Lauxera Capital invests across a range of healthcare subsectors, including Medical Devices, Digital Health, Technology-Enabled Services, Life Science Tools, Diagnostics, and Healthcare IT and Data. This diversified approach allows them to capitalize on various trends and innovations within the healthcare landscape. They are led by entrepreneurial company builders and seasoned investors who have extensive experience in shepherding healthcare companies through all stages of growth. The firm’s leadership boasts significant experience, with 50 years of healthcare investing experience and 35 years of leading healthcare scale-ups. This deep industry knowledge and operational expertise enable them to provide valuable guidance and support to their portfolio companies, helping them navigate the complexities of the healthcare market and achieve sustainable growth. Lauxera Capital's investment strategy focuses on creating long-term value by supporting companies that are driving positive change and improving healthcare outcomes.

Growth-stageMedical DevicesDigital Health

Mutuelles Impact

FR

Mutuelles Impact is an impact investment fund focused on social and environmental impact within the health and medico-social sectors. The fund aims to support companies that address key health and social challenges in France, including social inequalities in health, healthy aging, autonomy for people with disabilities, medical deserts, environmental health, and the efficiency and quality of the healthcare system. It invests in companies that integrate demographic, ecological, and digital transitions into their business models. The fund operates with a dual mandate of generating both financial returns and measurable social and environmental impact. They are looking for ventures that can demonstrate a clear impact on social issues and the environment, and that can articulate how their value is shared among stakeholders and how their governance reflects their commitment to impact. They assess impact across four pillars: Social Impact, Environmental Impact, Value Sharing, and Governance Sharing. Mutuelles Impact's unique value proposition lies in its connection to the mutualist ecosystem. This provides portfolio companies with access to commercial opportunities and innovative experimentation possibilities through the network of mutuelles. The involvement of mutuelles is seen as an accelerator for the growth and development of the companies they invest. They partner with XAnge for fund management and Investir&+.

Seed, Series A, Series B, Capital DéveloppementHealthprevention

Nextstage

Paris, FR

NextStage AM is a pioneer and specialist in Capital Development, focusing on supporting growth-stage SMEs and ETIs (mid-sized companies). Their investment approach is rooted in an entrepreneur-investor DNA, prioritizing patient capital and close collaboration with management teams to foster long-term value creation. They aim to identify and nurture champions in various regions, enabling them to revolutionize their markets and expand globally. The firm integrates innovation, international development, and strategic acquisitions to enhance the growth trajectory of its portfolio companies. NextStage AM's investment strategy emphasizes environmental, social, and governance (ESG) factors, demonstrating a commitment to responsible investing and sustainable value creation. They signed a "Charter of Entrepreneur-Investor in Patient Capital" in 2017, solidifying their vision for ESG integration and empowering entrepreneurs to realize their full potential. The firm's platform offers diverse investment vehicles catering to both private and institutional investors, allowing them to participate in the growth of innovative mid-sized companies. These vehicles span eligibility for insurance-linked savings products (Assurance-Vie & PER) to dedicated mandate solutions for institutional clients. Their approach includes fostering co-creation and knowledge sharing among portfolio companies, facilitating best practice exchanges, and identifying business opportunities. They provide operational support, including assistance with innovation integration, international expansion, strategic acquisitions, team reinforcement, and financial optimization, to help companies become high-performing and sustainable leaders in their respective industries. NextStage AM's team, comprised of seasoned investors and entrepreneurs, brings extensive expertise to support portfolio companies through various stages of growth. Ultimately, NextStage AM aims to build European and global champions by providing the necessary capital, expertise, and network to help companies scale and achieve their full potential. Their patient capital approach, combined with a strong focus on ESG principles and collaborative partnership with entrepreneurs, differentiates them in the competitive private equity landscape.

Growth stage, SMEs, ETIsGrowth CapitalPrivate Equity

Noteus Partners

Paris, FR

Entrepreneurial investors focused on scaling global champions in technology, leveraging decades of growth investing experience and sharing the mindset, energy, resilience, and passion required to build world-class businesses.

GrowthGrowth-stage technology businesses

Odyssée Venture

FR

Odyssée Venture positions itself as a growth accelerator for ambitious French companies. They focus on providing capital and support to SMEs during periods of strong growth, such as new product launches, commercial expansion, internationalization, and external growth. Their approach is based on a close and transparent relationship with entrepreneurs, emphasizing open communication and quick decision-making. With a history dating back to 1999, they have financed nearly 200 French growth SMEs through various investment vehicles like FCPI, FIP, and FCPR, ranging from startups to pre-IPO companies. Odyssée Venture emphasizes collective intelligence and resilience in the companies they back. The firm aims to be a reliable partner, bringing experience and a unique philosophy to the investor-entrepreneur relationship.

Start-up to pre-IPOGrowth stage companiesSMEs

Ouest Croissance

FR

Ouest Croissance focuses on supporting the development and transmission of SMEs and mid-sized companies (ETI) within the real economy, particularly in regional territories. Their approach involves financial investment and active support at key stages of the company's lifecycle, from growth and transformation to succession planning. They aim to multiply performance by understanding the specific challenges and opportunities of each company and sector. A core component of their investment strategy is incorporating ESG (Environment, Social, and Governance) considerations into their investment decisions and support of portfolio companies.

Development, Transformation, Transmission (implies growth and potentially later stages)TechnologiesMedia

Proparco

FR

Proparco is a French Development Finance Institution (DFI) focused on promoting private sector development in emerging and developing countries. Their investment thesis centers around fostering sustainable economic growth, creating jobs, and improving living conditions in developing regions. They achieve this by providing financing and support to businesses that contribute to these goals, emphasizing projects with strong environmental, social, and governance (ESG) practices. Proparco's strategy involves partnering with local financial institutions, investing in impactful sectors like renewable energy, healthcare, and sustainable agriculture, and leveraging blended finance to mobilize additional private capital. They prioritize projects that demonstrate innovation, scalability, and potential for long-term positive impact on local communities and economies. A key focus is on addressing the climate emergency, supporting Africa's green industrialization, and promoting climate resilience.

Not explicitly mentioned, likely growth and expansion stagesFinancial servicesClimate

Publicis Group (managed by Iris Capital)

FR

Publicis Groupe, founded in 1926, is the 1st largest communications group in the world, operating as a "Connecting Company" rather than a traditional holding company. Their strategy centers around the "Power of One," aiming to seamlessly connect creativity and technology to drive business transformation for their clients in the platform world. This model emphasizes modularity, seamlessness, and a client-first approach, allowing them to provide integrated solutions tailored to individual client needs. Epsilon, their data-driven marketing and tech company, plays a central role by fueling all operations with its data expertise. The core of their investment and operational philosophy is providing plug-and-play access to best-in-class services through four Solutions Hubs: Publicis Communications, Publicis Media, Publicis Sapient, and Publicis Health. This structure allows agency brands to maintain their identity while leveraging the combined power and expertise of the entire group to compete in a data-led, digital-first world. Publicis is geared toward helping clients navigate the challenges and opportunities presented by empowered consumers and disruptive technologies, aiming to deliver innovation, ideas, and growth more efficiently. Their focus is on building a future-proof organization capable of adapting to ongoing changes in the industry. The Connecting Company model with the 'Power of One' strategy is intended to break down silos, remove operational barriers, and create a unified approach to serving clients' needs. The Global Client Leader role exemplifies this approach, acting as a single point of contact and accountability for accessing the group's talent and resources. Publicis Groupe prioritizes client needs and providing seamless, frictionless, and modular solutions tailored to help them win and grow.

Communicationsmarketing

Qualium Investissement

Paris, FR

Qualium Investissement is a major institutional private equity player in France, investing in equity and partnering with entrepreneurs and managers to provide tailor-made, innovative, and sustainable financial solutions to companies in the growth and/or transmission phase. The firm focuses on supporting the implementation of growth strategies for mid-cap companies (PME-ETI), providing support and financing to internationalize, consolidate their market in France or abroad, innovate, and prepare future development stages. Qualium Investissement distinguishes itself through its long-standing presence in the French market, having invested 2.1 billion euros in over 70 companies since its inception in 1998. Qualium's investment strategy centers around providing financial and strategic support to help companies achieve their growth objectives. This includes assisting with international expansion, market consolidation, innovation, and preparing for future development. Their approach involves close collaboration with entrepreneurs and managers, offering customized financial solutions to meet specific needs. The firm leverages its experience and resources to support its portfolio companies in navigating challenges and capitalizing on opportunities. Their focus is on the mid-cap segment, reflecting a desire to work with established companies with a strong growth potential. By investing in companies that are already demonstrating success, Qualium aims to accelerate their expansion and enhance their market position. They appear to seek sustainable and innovative business models. Their team's pluridisciplinary expertise, consisting of 20 professionals, further reinforces their ability to assess and support their investees. Qualium aims to deliver sustainable value to their portfolio companies and investors. Their long-term perspective and commitment to supporting growth through various means allow them to build lasting partnerships with the companies they invest. By focusing on specific growth areas, like internationalization and innovation, they contribute to the long-term success and competitiveness of their portfolio.

Growth, Transmission (succession planning)Data & AIData Processing