Just last Friday, Frenchweb[FR] reported that Ventech had closed 3/4 of its €100m fund, (i.e €75 Million). The news comes as a sigh of relief to the startup community, who had been waiting for over a year to see new life pumped into the French VC firm founded in 2008. Its previous investments include app-enabled device creator Withings, as well as LinkedIn rival Viadeo, though, according to the news section of the firm’s site, it’s last investment was made in May of 2011, in China, where it operates a branch of its fund.
With investments between €1-8M, generally during the growth stage of a startup, Ventech is often seen in Series A & Series B rounds. With their new round of funding, and Ventech Analyst Audrey Soussan everpresent at demodays and startup events, now is a great time for startups to start calling up Ventech for that first Rendez-Vous.