Partech Ventures

The VC firm which invests €200,000 to €40m in disruptive tech businesses based in the UK and beyond, including backing Made.com with $34m

Fund name: Partech Ventures
Investor category: Venture capital (VC)
Based in: San Francisco, Paris and Berlin
Website: www.partechventures.com

Description:

With offices in San Francisco, Berlin and Paris, Partech Ventures is a global venture capital firm which, to date, has made over 300 investments in businesses spanning 15 countries. The firm currently has €1bn under management.

Investment criteria:

Partech Ventures looks to invest in disruptive technology companies at seed, venture or growth stage. The firm makes investments of between €200,000 and €40m in businesses which meet its criteria:

Firstly, the business must be innovative, offering a breakthrough either in its market or in the way it operates. Investees must also be able to show that they have a well-structured and talented team (though at seed stage the team is not expected to be extensive or complete). Partech Ventures must also be able to see promising metrics which prove the business’ potential for scalability and profit.

The firm typically focuses on businesses in enterprise applications; consumer internet and mobile services; devices and consumer electronics; and advanced technologies.

Size of fund:

€1bn

Portfolio company:

In July 2015, Partech Ventures led a $60m investment round in Young Gun-founded online furniture retailer Made.com, which saw the VC firm invest $34m in the business.


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Launched in 2010, Made.com retails made-to-order, artisan furniture for as much as 70% less than typical high street prices.

Bruno Crémel, general partner at Partech Ventures, explained that the firm chose to invest in Made.com after being “convinced by the company’s clever and agile business model and by the exceptional quality of the management”.

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