Close Menu
  • English
  • Featured
    • AI & Robotics
    • Energy
    • Finance
    • Leisure
    • Science
    • Security
    • Sustainable Development
    • Tech
    • Transport
  • About Us
  • Advertising
  • Contact Us

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Trending
Illustration of a carbide ceramic material capable of withstanding extreme temperatures, revolutionizing hypersonic technology, generated by artificial intelligence.
“They Flew Through Hellfire”: China’s New Heat Shield Shatters Thermal Limits, Unlocking Next-Level Hypersonic Speeds
Illustration of robot dogs patrolling an industrial site, highlighting their role in modern safety and efficiency, generated by artificial intelligence.
“They’re Not Toys Anymore”: Robot Dogs Now Patrolling Factories and Battlefields in Alarming Surge of Machine Deployment
Illustration of the Mengzhou spacecraft's zero-altitude escape test at Jiuquan Satellite Launch Center, created by artificial intelligence.
Unthinkable Space Safety Leap: China’s Mengzhou Capsule Passes Ground-Level Escape Trial Designed to Save Lives in Seconds
Facebook X (Twitter) LinkedIn RSS
Rude Baguette
Facebook X (Twitter) RSS
Newsletter
  • Featured
  • AI
    Illustration of robot dogs patrolling an industrial site, highlighting their role in modern safety and efficiency, generated by artificial intelligence.

    “They’re Not Toys Anymore”: Robot Dogs Now Patrolling Factories and Battlefields in Alarming Surge of Machine Deployment

    July 17, 2025 at 9:45 AM
    Illustration of humanoid robots integrating advanced artificial intelligence systems into everyday environments.

    “They Just Gave Robots a Brain”: OpenAI Powers New Humanoid from Figure as Tech Giants Rush to Fund the Future of Labor

    July 17, 2025 at 6:03 AM
    Illustration of Elon Musk's AI startup xAI securing a $200 million contract with the U.S. Department of Defense, generated by artificial intelligence.

    “They Just Gave Musk the Codes”: xAI Lands $200M Pentagon Deal to Deploy Grok AI Across U.S. Military Infrastructure

    July 15, 2025 at 5:12 PM
    Illustration of Kinisi Robotics' KR1 humanoid robot performing pick-and-place tasks in a warehouse, highlighting its precision and adaptability.

    “This Robot Replaces 3 Workers Without Blinking”: New Humanoid Handles Pick-and-Place Tasks With Unmatched Speed and Precision

    July 15, 2025 at 11:48 AM
    Illustration of KLEIYN, a quadruped robot, climbing a vertical surface, generated by artificial intelligence.

    “This Thing Defies Gravity”: New Four-Legged Robot Climbs Walls 50 Times Faster Than Anything Ever Built Before

    July 15, 2025 at 10:01 AM
  • Energy
    Illustration of China's X-shaped nuclear fusion facility emerging from rocky terrain, generated by artificial intelligence.

    “They’re Trying to Bottle a Star”: China’s Giant Fusion Facility Revealed in Shocking Satellite Images as Race for Infinite Energy Heats Up

    July 17, 2025 at 8:07 AM
    Illustration of a polymer blend innovation for advanced battery technology, generated by artificial intelligence.

    Battery Revolution Begins Here: Solid Polymer Unlocks Safer, More Reliable Power for EVs, Aerospace, and Autonomous Drones

    July 15, 2025 at 3:53 PM
    Illustration of the Wendelstein 7-X stellarator's record-breaking nuclear fusion performance. Image generated by AI.

    “We’ve Never Reached This Level Before”: German Scientists Smash Nuclear Fusion Record in Leap Toward Infinite Clean Energy

    July 6, 2025 at 8:58 AM
    Illustration of the assembly of the ITER vacuum vessel by Westinghouse Electric Company. Image generated by AI.

    “We’re Building the Heart of a Star”: Westinghouse to Assemble Core of the World’s Largest Fusion Reactor in Historic First

    July 4, 2025 at 10:00 AM
    Illustration of Elon Musk's xAI gas power plant project in Memphis. Image generated by AI.

    “Elon Musk’s AI Power Grab Spirals”: 26 Titanic Gas Turbines Roaring at 1.4 GW—But No One Approved Them

    July 3, 2025 at 5:10 PM
  • Finance
    Illustration of James Howells searching for his lost Bitcoin hard drive in a landfill. Image generated by AI.

    “He’s Still Digging”: Man Who Lost $700 Million in Bitcoin 12 Years Ago in a Dump Faces Stunning New Twist in His Hunt

    June 13, 2025 at 9:05 AM
    Illustration of a lost hard drive containing 8,000 Bitcoins buried in a landfill. Image generated by AI.

    He Just Gave Up €200 Million in Bitcoin: After 12 Years of Digging Through Trash, the Lost Hard Drive Is Gone for Good

    May 30, 2025 at 7:14 AM
    Illustration of a man sleeping with black tape over his lips. Image generated by AI.

    “Doctors Sound the Alarm”: Viral Mouth Taping Trend Called Dangerous and Completely Unproven by Leading Medical Experts

    May 25, 2025 at 8:02 AM
    Illustration of Visa's integration of AI systems into digital payments (AI-generated, non-realistic illustration). Credit: Ideogram.

    Visa’s AI Is Now Shopping for You: This Robot May Soon Swipe Your Card Automatically—and Mess With Your Mind

    May 4, 2025 at 8:07 AM
    Microsoft Strikes Unprecedented Deal: World's Largest CO2 Removal at 7.44 Million Tons, Setting New Environmental Milestone

    “Microsoft Strikes Historic Climate Deal”: World’s Largest CO2 Removal Pact Targets 6.75 Million Tons in Unmatched Green Push

    April 19, 2025 at 9:55 AM
  • Leisure
    Illustration of Shebara Resort's futuristic, pod-like villas shimmering above the Red Sea. Image generated by AI.

    “Solar Villas Rise on the Red Sea”: Shebara Resort Unveils Ultra-Futuristic Eco-Luxury Powered Entirely by the Sun

    June 30, 2025 at 9:06 AM
    Illustration of the world's largest Legoland theme park in Shanghai, featuring eight themed zones and a 250-room hotel. Image generated by AI.

    “China Builds the Unthinkable”: World’s Largest Legoland Ever Made Opens Soon After $550 Million Mega Investment

    June 27, 2025 at 7:06 AM
    Illustration of Quentin Tarantino endorsing the Netflix film Havoc. Image generated by AI.

    “It’s Really Badass”: Tarantino Raves About This Explosive Tom Hardy Action Film That Just Dropped as a Netflix Exclusive

    June 23, 2025 at 5:50 AM
    Illustration of a Nintendo Direct event focused on Donkey Kong Bananza for the Nintendo Switch 2. Image generated by AI.

    “This Hero Smashes Everything”: Nintendo Switch 2’s Most Explosive Star Will Dominate the Nintendo Direct in 48 Hours

    June 22, 2025 at 4:53 PM
    Illustration of Sony's vision for the future of gaming with the anticipated PS6. Image generated by AI.

    “Next-Gen Is Coming”: Sony President Drops First Official PS6 Statement That Sets the Tone for the Future of Gaming

    June 22, 2025 at 4:11 PM
  • Science
    Illustration of a carbide ceramic material capable of withstanding extreme temperatures, revolutionizing hypersonic technology, generated by artificial intelligence.

    “They Flew Through Hellfire”: China’s New Heat Shield Shatters Thermal Limits, Unlocking Next-Level Hypersonic Speeds

    July 17, 2025 at 12:12 PM
    Illustration of the Mengzhou spacecraft's zero-altitude escape test at Jiuquan Satellite Launch Center, created by artificial intelligence.

    Unthinkable Space Safety Leap: China’s Mengzhou Capsule Passes Ground-Level Escape Trial Designed to Save Lives in Seconds

    July 17, 2025 at 8:47 AM
    Illustration of the ancient interstellar comet 3I/ATLAS traveling through the Milky Way, generated by artificial intelligence.

    “They Found a Comet Older Than the Solar System!”: Scientists Stunned by Ancient Object That Defies Everything We Thought We Knew

    July 16, 2025 at 11:55 AM
    Illustration of the Voyager spacecraft with its Golden Record journeying through space, generated by artificial intelligence.

    “They Sent Earth’s Soul Into Space!”: This Is What You’d Hear on NASA’s Golden Record Aboard Voyager, Now Drifting Beyond the Stars

    July 16, 2025 at 10:04 AM
    Illustration of the UK Biobank's groundbreaking whole-body imaging project created by artificial intelligence.

    “They’re Feeding It Everything!”: World’s Largest Imaging Project Uploads 1 Billion Scans to Supercharge the Next Generation of AI

    July 16, 2025 at 7:48 AM
  • Security
    Illustration of the P250Q-M80 SSD with a self-destruct feature, ensuring ultimate data security, generated by artificial intelligence.

    “It Blew Itself Up Instantly!”: New Ultra-Secure SSD Destroys Data on Command to Stop Hackers Dead in Their Tracks

    July 16, 2025 at 7:07 AM
    Illustration of squid skin-inspired stretchable camouflage technology for military use, generated by artificial intelligence.

    “These Uniforms Make Soldiers Vanish”: Revolutionary Squid Skin-Inspired Camo Lets US Troops Evade Thermal Drones With Unbelievable Stealth

    July 13, 2025 at 9:53 AM
    Illustration of an AI-generated impersonation attempt involving Marco Rubio contacting officials.

    “Fake Marco Rubio Is Hunting Congress”: AI Clone Exposed as Ruthless Scam Machine Targeting US Politicians Through Signal, Unleashing Panic on Capitol Hill

    July 11, 2025 at 10:01 AM
    Illustration of Scattered Spider hackers targeting the aviation sector. Image generated by AI.

    “FBI Issues Maximum Alert”: These Ruthless Scattered Spider Hackers Now Target Civil Aviation With Unprecedented Cyber Assault

    July 3, 2025 at 4:04 PM
    Illustration of North Korean hackers using AI tools like ChatGPT for cryptocurrency theft. Image generated by AI.

    “AI in the Wrong Hands”: North Korean Hackers Exploit ChatGPT to Steal Millions While Malaysian Funds Vanish in Digital Heist

    July 1, 2025 at 11:49 AM
  • Impact
    Illustration of the Jeddah Tower construction resumption, created by artificial intelligence.

    Jeddah Tower Rises Again: World’s Tallest Skyscraper Project Restarts with Plans to Smash Every Architectural Record on Earth

    July 17, 2025 at 7:11 AM
    Illustration of a new disease-resistant rice variety developed using CRISPR-Cas technology, generated by artificial intelligence.

    “They Made Rice Immune to Disease!”: Scientists Use Genome Editing to Engineer Crops That Could End Agricultural Crises Worldwide

    July 16, 2025 at 3:49 PM
    Illustration of paracetamol production from plastic waste, showcasing an innovative sustainable technology, generated by artificial intelligence.

    “These Pills Came From Trash”: Chemists Achieve the Unthinkable by Creating Pure Acetaminophen Directly From Plastic Waste, Staggering the Scientific World

    July 13, 2025 at 9:08 AM
    Illustration of Ethiopia's planned 62-story skyscraper in Addis Ababa, as an artificial illustration.

    Skyscraper Showdown: Ethiopia’s Daring Comeback Promises to Crown a New Sub-Saharan Giant and Transform the Nation’s Skyline Forever

    July 9, 2025 at 4:47 PM
    Illustration of Frank Lloyd Wright's visionary skyscraper, The Illinois. Image generated by AI.

    “We Dreamed Bigger Than Anyone”: Frank Lloyd Wright’s Unrealized Mile-High Tower Would Have Crushed the Burj Khalifa

    July 7, 2025 at 9:06 AM
  • Tech
    Illustration of Elon Musk's 1989 computer aptitude test results, as shared by Maye Musk, generated by artificial intelligence.

    “My Genius Boy Scored Perfect!”: Maye Musk Shares Elon’s 1989 Computer Test That Predicted the Tech Empire He Would One Day Build

    July 16, 2025 at 5:14 PM
    Illustration of a groundbreaking silicon chip integrating quantum generators and photonics, generated by artificial intelligence.

    “They Put Light and Quantum Into One Chip!”: Scientists Unveil Silicon Breakthrough That Could Reshape the Future of Computing Forever

    July 16, 2025 at 8:48 AM
    Illustration of Meta's ambitious AI superclusters project, highlighting the scale and innovation in artificial intelligence infrastructure.

    “This Is Bigger Than the Moon Landing”: Zuckerberg Unveils Massive $10 Billion, 1,341-Megawatt AI Superclusters Plan to Revolutionize Tech World

    July 16, 2025 at 5:52 AM
    Illustration of an AI-powered graphene tongue detecting flavors with near-human precision.

    “This Tongue Outsmarts a Sommelier”: New AI Graphene Sensor Identifies Flavors With 98% Accuracy Faster Than Human Taste Buds

    July 14, 2025 at 4:56 PM
    Illustration of a groundbreaking optical AI chip using light for ultra-fast data transmission, generated by artificial intelligence.

    “It’s Like Teleporting Knowledge”: This Breakthrough Optical AI Chip Transfers 100 Million Books in Just 7 Minutes Using Light-Speed Data

    July 14, 2025 at 4:09 PM
  • Transport
    Illustration of the SeaNXT Elite underwater scooter with carbon fiber body and GPS navigation, generated by artificial intelligence.

    “They Built a Jet Ski for Divers”: SeaNXT Elite Scooter Hits 13 MPH Underwater With GPS, LCD Screen, and a $12,653 Price Tag

    July 14, 2025 at 7:45 AM
    Illustration of a compact, low-speed electric ambulance designed for urban emergency response, generated by artificial intelligence.

    This Tiny Electric Ambulance Hits 25 MPH, Parks Indoors, and Carries a Full Emergency Kit With Zero Emissions

    July 14, 2025 at 7:01 AM
    Illustration of the Omo X electric motorcycle showcasing its self-balancing technology, generated by artificial intelligence.

    “They Built a Scooter That Parks Itself”: Ex-Xpeng Engineers Unleash the Omo X With Self-Balancing Tech and Zero-Compromise Urban Speed

    July 14, 2025 at 6:14 AM
    Illustration of Tesla Cybertrucks stored in a large parking area, highlighting concerns about prolonged storage, generated by artificial intelligence.

    “These Worn-Out Trucks Were Sold as Brand New”: Furious Customer Testimony Exposes Tesla’s Cybertruck Scandal and Sparks Industry-Wide Outrage

    July 12, 2025 at 5:05 PM
    Illustration of the Bugatti Bolide hypercar, highlighting its engineering marvel and exclusivity, as an artificial illustration.

    “This Car Eats Cash Faster Than Gas”: Businessman’s Stunning Bugatti Purchase Forces $7,600 Tire Changes Every 37 Miles, Leaving Everyone in Disbelief

    July 12, 2025 at 9:11 AM
  • English
Rude Baguette

Partech Ventures: Europe’s first French Tier-One VC

Eirwen WilliamsEirwen WilliamsOctober 30, 2014 at 10:19 AM0
Share Twitter Facebook LinkedIn Telegram WhatsApp Email Copy Link
Follow Us
Google News
Yawn.
Share
Twitter Facebook LinkedIn WhatsApp Email Copy Link

Partech-Shaker-oct2014-112

Venture Capitalists will often tell you that it’s very difficult to tell how good a VC is until their 7th year (when they begin to see if their earliest investments will make a significant ROI); accordingly, it can be very difficult to tell whether a VC firm is good or not. VC firms are separated by “Tier”s, mostly referring to a combination of the value of the assets under management, as well as, potentially, the value of their most successful investment (although investing in one $1 Billion startup does not a Tier 1 VC make).

With the advent and perpetuation of incubators & accelerators, “Assets under management” has a near equal important to the services, or value-added, that a VC can provide. Andreessen Horowitz, generally considered to be the face of new-age VC, has over 80 partners in its firm, of which less than 30 are investors. They break down partners into categories, including Investors, Market Development, Corporate Development, Operations, and Technical Talent. They also have partners on staff who are “special advisors” and “Board Partners.”

Sitting on the 10th story rooftop of Partech Venture’s new office space Partech Shaker, which in the coming 18 months will be an optional home to the dozens of investments they will make (1-2/month on average), you get the impression that you’re at the first Tier-One VC in France. Across the pond, Accel Partners (the only VC that is tier-one in Europe & the Silicon Valley), Balderton Capital & Index Partners paint the scene of Tier-One VCs in Europe – other VCs, like Passion Capital & Atomico (both founded by former Skype employees/founders), are fast-rising Tier-Two VCs, along with Alven Capital in Paris & Earlybird in Berlin – however, Tier-one is an exclusive branch.

So what makes Partech Ventures Tier One?

The first, of course, is assets under management. Partech has already announced the intention to raise a large fund for 2015 – what hasn’t been announced is that the fund size will be at least €300 Million. Next to Index Ventures’ €400 Million fund, this begins to look pretty good. Add on Partech’s current €130M fund and the other fund that they are raising –  Partech Entrepreneur II, a follow-up to the 30 Million seed fund they raised last year, and you’ve got the right amount of ammo. Given that the aforementioned Tier One European VCs all now have boots on the ground in Paris, this looks like the right place to be.

Partech-Shaker-oct2014-203

Next of course, are the services. While a coworking space may not be a big deal in Berlin or London, finding office space in Paris is a pain. So Partech Ventures snagged LeFigaro’s former headquarters – a 10-story building in the heart of the sentier – and reconverted to offices that can fit teams of 3 – 25, at 400€/month/person. The office space is meant to be temporary, and current investments for the most part already have office space (such as Sketchfab & Pricing Assistant, who are share 39.io with a handful of other startups), so they have opened up the space to a handful of non-portfolio companies – there are also spaces for organizing events (such as their rooftop terrace/bar), spaces for corporate partners (yet to be announced, as the venue officially opens in December, despite being refurbished and occupied as of Sept. 15th), as well as meeting rooms and, soon, a Fab Lab for hardware startups (Partech invested in Lima earlier this year).

In addition, Partech has built their name off of their ability to bring European startups to the United States – their first major success, in the 90s, was Business Objects, where they were a seed investor. Business Objects founder Bernard Liautaud is now a partner at Balderton Capital. Increasingly, with their US investments, they will be helping them come to Paris – their ‘plug and play’ office space is very attractive to companies used to using services like Regus for temporary office space.

Partech-Shaker-oct2014-103

Partech’s got the money, they’ve got the network, they’ve got the experience, and they’ve got the services. Some in the Paris startup scene might comment that Partech is ‘old’ in a young man’s game – both in terms of age and in terms of mentality – however, Partech is bringing on many new partners and has been for some time in order to manage growth, and many of those new hires – Corentin Kerisit in Paris, or Otto Birnbaum in Berlin for example – have rejuvenated the company. The company is set to bring on 3 new partners for their new larger fund, and at least 1 new hire for “Partech Entrepreneur II,” though official announcements have not been made yet.

 

 

Did you like it? 4.6/5 (26)

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Follow on Google News Follow on X (Twitter)
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email Copy Link
Previous ArticleEduTech startup Kartable raises €1.2 million
Next Article Rude Baguette turns 3 Years Old – Looking back, and looking forward
Add A Comment
Leave A Reply Cancel Reply

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Trending
Illustration of a carbide ceramic material capable of withstanding extreme temperatures, revolutionizing hypersonic technology, generated by artificial intelligence.
“They Flew Through Hellfire”: China’s New Heat Shield Shatters Thermal Limits, Unlocking Next-Level Hypersonic Speeds
Illustration of robot dogs patrolling an industrial site, highlighting their role in modern safety and efficiency, generated by artificial intelligence.
“They’re Not Toys Anymore”: Robot Dogs Now Patrolling Factories and Battlefields in Alarming Surge of Machine Deployment
Illustration of the Mengzhou spacecraft's zero-altitude escape test at Jiuquan Satellite Launch Center, created by artificial intelligence.
Unthinkable Space Safety Leap: China’s Mengzhou Capsule Passes Ground-Level Escape Trial Designed to Save Lives in Seconds
News by category
  • English
  • Tech
  • Finance
  • Leisure
  • Transport
  • Science
  • Security
  • AI & Robotics
  • Energy
  • Sustainable Development
Information
  • Meet the Team
  • Legal notice
  • Privacy policy
  • About Us
  • Advertising
  • Contact Us
  • About Us
  • Advertising
  • Contact Us

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Facebook X (Twitter) RSS
© RudeBaguette.com. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.