Paris' most successful VC firm expands to Berlin

Paris' most successful VC firm expands to Berlin
Finance

Earlier this week, Berlin learned that a new VC had set up shop in their home town, Partech International. The new office, located in the middle of the VC district in Berlin, will become home to Partech Partner Andreas Schlenker & senior associate Gabriel Matuschka, reported Nina Fowler.

“In Europe, we do more consumer web, consumer internet-related things and in the US, it’s more cloud, big data, analytics,” Matuschka said. Looking forward, areas of interest include ad tech and consumer engagement, “not so much the physical delivery of the product, but what consumers do with a product they see – collect, share, wish, engage…”
In a press statement, Partech partner Philippe Collombel said: “We want to grasp more opportunities in one of Europe’s most vibrant and fastest growing technology hubs and in Germany as a whole.”

Partech International has done quite well for itself since its opening in 1982. The company has had its hands in some of the Paris tech scene’s biggest exits, including the infamous Business Objects, which sold to SAP for north of $1 Billion. The company also invested in Dailymotion (Orange) & Qype (eBay), and is a current investor in Sigfox, Scoop.it, MenInvest, Sensee & others.
We recently rated Partech founding partner Philippe Collombel as one of the 5 French VCs that you must follow on Twitter.