Based in Paris, A Plus Finance is an independent investment firm specializing in venture capital and the management of funds dedicated to innovation. It focuses on information technology, environment and e-business in France, and also pursues opportunities in real estate and private equity. The team combines financiers and entrepreneurs, providing practical management insight and a long-term development perspective for portfolio companies. The firm manages about €220 million in assets and typically invests between €1 million and €4 million per project, reflecting a goal of supporting growth-stage and promising early-stage ventures in the French market.

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

Kima Ventures is a venture capital firm headquartered in Paris with an office in London, founded in 2010 by Xavier Niel. It invests in seed and early-stage startups worldwide, often as lead investor, and supports founders with funding, an extensive network, and guidance to accelerate product development and growth. The firm emphasizes rapid decision-making and aims to smooth fundraising so founders can focus on building their business. Described as a network of founders and experts with a pay it forward mindset, Kima has invested in hundreds of startups across multiple countries, reflecting its global reach and active early-stage engagement.

European Investment Fund (EIF) is a public institution established in 1994 to improve access to finance for Europe's small and medium-sized businesses. It designs and develops venture capital and guarantee instruments to support SMEs and to catalyse private investment, aiming to build a robust European equity ecosystem. EIF engages in venture capital, growth capital, and guarantee operations, backing innovative entrepreneurs primarily in technology and life sciences, as well as across other sectors. Through cornerstone investments and fund participation, EIF seeks to crowd in private investors and stimulate venture activity across Europe. Its equity portfolio has grown substantially, with assets under management exceeding EUR 14 billion, reflecting its broad role in strengthening SME finance and supporting entrepreneurship and growth.

Normandie Participations is a venture capital firm based in Colombelles, France, founded in 2016. The firm invests primarily in small and medium-sized enterprises in Normandy through equity and quasi-equity, and it co-invests in Normandy-based companies. It supports early-stage ventures and operates FFWD Normandie, a subsidiary accelerator and incubator offering six-month and twelve-month programs for startups in Normandy, with initial investments up to €150,000, focusing on sectors such as agtech, agrotech, food science and retail. The organization aims to foster regional innovation and economic development by funding and accelerating local entrepreneurs.

Partech is a global tech investment firm headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi and San Francisco. It provides capital, operational experience and strategic support to entrepreneurs from seed through growth, helping them scale through multiple stages. Founded in San Francisco about 40 years ago, Partech currently manages €2.5 billion in assets and backs a portfolio of roughly 220 companies across 40 countries and four continents.

Sofinnova Partners is an independent venture capital firm based in Paris, France, focusing on life sciences from seed to later-stage investments. It backs startups, early-stage companies, corporate spin-offs and occasionally turnaround situations in biopharmaceuticals/biotech, medical devices, and industrial biotechnology. The firm typically takes a lead or cornerstone role, often serving as the first institutional investor in Series A rounds, and actively supports portfolio companies through formation and beyond, including board participation. The firm manages more than €2 billion in life sciences assets.

Crédit Mutuel Innovation is the evergreen venture capital arm of Crédit Mutuel Equity, based in Paris with additional offices in Lyon, Bordeaux, Nantes and Montréal. It invests in seed through growth-stage companies in life sciences, digital and deeptech, including information technology, healthcare and industrial innovations, with a view to international expansion. The firm deploys its own equity and forges durable partnerships with entrepreneurs, supported by Crédit Mutuel’s global enterprise ecosystem. Its portfolio includes more than 350 companies, which collectively generate substantial turnover and create tens of thousands of jobs, underscoring the platform’s scale. Typical deal sizes range from approximately €0.5 million to €20 million, and the firm often takes board seats to help guide growth. Crédit Mutuel Innovation operates within the Crédit Mutuel Alliance Fédérale and CM-CIC Investissement group, aligning with the broader Crédit Mutuel network.

IDI Group is a private equity and venture capital firm founded in 1970 and based in Paris, France. It specializes in direct investments and fund of funds strategies, backing small and mid-sized companies through growth capital, leveraged buyouts, expansion funding, and related equity investments. The firm pursues both majority and significant minority stakes and offers co-investment opportunities, aiming to partner with management teams to enable growth and strategic transformation. As an early player in France's private equity landscape, IDI Group emphasizes flexible investment structures and long-term partnerships to support entrepreneurs' bold plans across stages and sectors. It engages in fund investments alongside external managers, reinforcing value creation through active oversight and strategic financing.

Alven Capital Partners is a Paris-based venture capital firm that supports early-stage technology and consumer startups, with a focus on French and francophone entrepreneurs. The firm backs ventures in digital technology sectors such as artificial intelligence, data management, software-as-a-service, cybersecurity, and disruptive consumer models including marketplaces and web brands. Its activity spans Europe and North America, and it has a history of funding companies across information technology and TMT sectors, typically at initial and early growth rounds. Founded in 1999, Alven leverages its market knowledge and sector experience to help ambitious entrepreneurs scale their ventures.

Elaia is an independent venture capital firm based in Paris that backs early-stage technology companies in Europe, focusing on the digital economy and deep tech. Founded in 2002 by Philippe Gire and Xavier Lazarus, it combines extensive venture capital and digital industry experience to provide close, proactive support to its entrepreneurs. With more than €700 million under management, Elaia pursues software, B2B, cybersecurity, fintech, life sciences, cloud technologies, and related tech sectors, helping startups navigate from initial rounds to scalable global leaders.

Inveready Asset Management is a San Sebastián, Spain-based venture capital firm established in 2008 that specializes in incubation, seed and early-stage investments, venture debt and growth capital. It focuses on technology and biotechnology sectors across Spain and Europe, with a preference for opportunities in Catalonia and the Madrid region, and operates offices in Barcelona and Madrid. The firm backs startups in software, security, hardware, fintech, healthcare technology and related fields, typically investing at early to expansion stages. Through multiple investment vehicles, Inveready supports a broad portfolio of companies and seeks exits via acquisitions by multinational buyers or public listings. The group emphasizes a hands-on approach to help portfolio companies scale, and while its activity is anchored in Spain, it pursues a wider European tech and biotech investment scope.

Supernova Invest is a Paris-based European private equity and venture capital firm employing a multi-stage approach to back deep-tech startups and scale-ups. It invests across seed to growth stages in France and Europe, focusing on digital technologies, healthcare, industrial technologies, energy and environment, ecological transition, and related areas such as electronics, advanced materials, and instruments. The firm provides patient capital and strategic support to help portfolio companies scale globally, drawing on a network that includes CEA Investissement to connect start-ups with resources and services. It operates from Paris with an additional office in Grenoble and has a history of exiting portfolio companies through IPOs and M&A.

Seventure Partners is a Paris-based venture capital firm founded in 1997 that invests in digital technologies and life sciences companies. It provides capital and strategic guidance to help innovative startups accelerate growth, leveraging a team of investors and a broad European network. The firm targets sectors including B2B SaaS, fintech, retail tech, and cybersecurity in digital technologies, and biotech, healthcare, and nutrition in life sciences, with additional interests in sports and wellbeing and the blue economy. It is regarded as one of Europe's leading venture capital players, with about €1 billion under management as of 2023, and maintains a multi-city European presence with offices in major centers. The firm aims to identify tomorrow's European leaders and support their development through its expertise and networks.

Siparex Group is a Lyon, France based private equity firm founded in 1977 that engages in multi-sector investments across software, commercial products, business services, manufacturing, e-commerce, life sciences, educational technology, robotics and drones, fintech and healthcare services, targeting transactions in France and Western Europe as well as the United States; the firm has grown into an independent, international investor over more than three decades, leveraging its regional roots and diverse sector focus to support growth and operational improvement in portfolio companies.

Lanai Ventures is a Barcelona-based venture capital firm, founded in 2016, that backs early-stage startups in Spain with a sector-agnostic approach focused on pre-seed and seed rounds. It leverages a network of prominent founders who participate as investors, providing strategic guidance and connections to portfolio companies across information technology, financial services, consumer products and services, and related sectors.

Demeter Partners is a Paris‑based private equity and venture capital firm focused on the energy transition and environmental sustainability. Founded in 2005, it funds companies from seed through growth and infrastructure across Europe, with activity in select North American opportunities, and typically pursues minority stakes with board representation. The firm targets eco‑industries and climate technologies, including water, air and waste treatment, energy efficiency, renewable energy, green buildings, and related environmental services, as well as software, services, and industrials aligned with sustainable development.

Breega is a venture capital firm founded in 2013 and based in Paris, France, with offices in London. It invests in European technology startups at the pre-seed to Series A+ stage and supports companies aiming for international expansion. Breega emphasizes a holistic funding approach, providing capital alongside connections, expertise, and operational support to entrepreneurs. Its portfolio spans digital technologies, software as a service, AI, adtech, fintech, health tech, agtech, IoT, and other deep-tech initiatives, across Europe and beyond. The firm targets early-stage rounds and seeks companies with strong growth potential.

360 Capital is a venture capital firm based in Paris and Milan that backs early-stage startups across Europe in deeptech, climate technology and digital sectors. With a 20-year track record, it supports entrepreneurs in developing ambitious, disruptive companies. The firm manages about €400 million in assets and maintains an active portfolio of more than 50 companies.

Kurma Partners is a Paris-based investment management company focused on funding innovation in healthcare and biotechnology across Europe. Established in 2009, it targets early-stage to development capital for life sciences companies and digital health ventures, spanning healthcare, biotechnology, and related technology sectors. The firm pursues a hands-on approach to support research-driven startups, leveraging connections with research institutes and hospitals to advance therapeutic and medical innovations. Through its activity as a private equity and venture investor, Kurma Partners seeks to back companies throughout their growth trajectory, from initial concept to market readiness, helping them navigate clinical development, regulatory pathways, and commercialization in the European market.

Newfund is a venture capital firm headquartered in Paris, France, with activity across Europe and North America. It focuses on early-stage investing, including pre-seed and seed rounds, backing technology-driven startups and companies aiming to drive global change. The firm pursues opportunities in the United States, Canada and European markets, and its interests include information technology, life sciences such as precision medicine and brain tech, as well as other technology-enabled businesses. By supporting founders from inception through growth, Newfund seeks to help innovative companies scale and reach international markets.

Global Founders Capital is a Berlin, Germany-based venture capital firm with a global focus that invests across seed, early, and later-stage companies. It maintains a stage-agnostic approach, seeking innovative ideas with potential impact and feasibility in global markets.

Criteria Venture Tech is a Barcelona-based venture capital firm that serves as the technology investing arm of CriteriaCaixa. It backs B2B software, SaaS, and deep-tech companies across Europe, the United States, and Canada, targeting both early and growth-stage opportunities. The firm focuses on information technology, SaaS, and related B2B sectors, with typical equity investments ranging from 0.5 to 20 million euros to support international growth and product-scale efforts.

Index Ventures is a venture capital firm founded in 1996 and based in London with additional offices in San Francisco and Geneva, supporting entrepreneurs shaping technology-driven global businesses by investing across early and growth stages in software, TMT, and related sectors including artificial intelligence, data, fintech, healthcare, and mobility, and partnering with founders to scale companies globally.

AQUITI Gestion is a private equity firm based in Bordeaux, France, focused on investing in technology companies across France. Founded in 1998 with support from regional authorities and public institutions, the firm manages venture, growth and leveraged buyout funds including Aquitaine Amorçage, ACI and Aqui-Invest. It has backed more than 200 transactions contributing to the creation and development of about 150 companies and thousands of jobs. Its current portfolio, managed by ACI and Aqui-Invest, comprises around 50 companies with revenues ranging from startup level to about 30 million euros.

ICF Capital is a private equity and venture capital firm based in Barcelona, Spain, founded in February 2010. It specializes in direct investments and manages venture capital funds with a focus on supporting mid-sized companies in Catalonia. ICF Capital primarily targets sectors such as information technology, biotechnology, social services, and electronics, among others. The firm typically invests between €0.5 million and €2.4 million in companies with annual sales ranging from €0.3 million to €100 million, often acquiring minority stakes. It operates as a subsidiary of the Institut Català de Finances, a public financial institution established in 1985 to enhance funding access for enterprises in Catalonia. ICF Capital manages two venture capital firms, ICF Capital Expansió II and ICF Venture Tech II, and aims to foster the growth of innovative startups and mid-market companies through its investment activities.

ISAI is a Paris-based venture capital firm that backs technology-driven companies, with a focus on software as a service, platform as a service, infrastructure as a service, and related technology sectors such as data, sustainability, and 5G. It pursues early-stage and expansion investments in French and European internet and tech businesses, supporting portfolio companies with capital and strategic guidance to accelerate growth.

FJ Labs is a New York-based venture capital firm founded in 2015 by Fabrice Grinda. It is stage-agnostic and focuses on marketplaces and consumer-facing startups, making seed and Series A investments. Typical checks range from 50,000 to 5,000,000 dollars. The firm supports early-stage companies across sectors such as e-commerce, fintech, ad tech, mobile, and software-as-a-service, seeking opportunities with high growth potential in the United States and internationally. Its portfolio includes a mix of consumer brands and marketplace platforms, reflecting an emphasis on business models that connect buyers and sellers or enable direct consumer experiences. FJ Labs aims to back entrepreneurs building scalable, disruptively positioned products and services, often partnering with founders early in their development to help accelerate growth.

Speedinvest is a European venture capital firm founded in 2011 and headquartered in Vienna, with offices across Europe and in San Francisco. It specializes in early-stage investments in technology sectors including deep tech, fintech, health, industrial tech, marketplaces, software as a service and infrastructure, climate tech, crypto, and emerging markets. The firm runs specialized investment teams aligned to these industries and offers an in-house Platform+ team providing tailored operational support, such as growth marketing, human resources, US business development and networking assistance throughout the portfolio journey. Speedinvest seeks to be a hands-on partner, sometimes taking operational roles for a period to help portfolio companies scale, and emphasizes hands-on collaboration with founders to accelerate growth.

Founders Future is a venture capital firm headquartered in Paris, founded in 2018. It specializes in early-stage investments, including startup studio activities, pre-seed, seed, and series A rounds, and backs startups across Europe. The firm targets a broad range of sectors such as software as a service, information technology, fintech, e-commerce, commercial products and services, transportation, semiconductors, retail, and food technology, with a focus on business-to-business and software-enabled solutions.

Innovacom is a Paris-based venture capital firm founded in 1988 that concentrates on early-stage technology and digital sector investments. It backs startups across Europe, with some funds extending into North America, targeting software, hardware, telecom, networking, components, and related services and content. Beyond funding, Innovacom provides support and networking to help portfolio companies access strategic industrial partnerships and open-innovation opportunities, aiming to create financial and strategic value for its investments.

Kibo Ventures is a Madrid-based venture capital firm focusing on seed and early-stage technology companies, including pre-Series A and Series A rounds, with offices in Madrid, Barcelona and Lisbon. It invests globally, with emphasis on Europe, the United States and Latin America, in sectors including internet and direct marketing retail, online services, systems software, digital technology, wireless and telecom equipment, mobile devices, and consumer and enterprise software. The firm backs exceptional founders building global businesses and takes an active, hands-on approach in portfolio companies, often facilitating co-investment with other investors.

Cabiedes & Partners is a Madrid-based venture capital firm founded in 2009 that provides seed and early-stage investments, and in some cases later-stage financing, focusing on Internet, fintech, and technology sectors in Spain, particularly Madrid and Barcelona. The firm typically makes initial investments in the range of €50,000 to €500,000 with enterprise values of €1 million to €5 million, and follows on with €1-2 million investments. It seeks minority stakes, often around 10-20%, with funding sometimes deployed from personal capital.

Karista is a Paris-based venture capital firm founded in 2001 that focuses on incubation and early-stage investments across Europe, with a particular emphasis on France (Ile-de-France and Paris). It backs technology-driven startups and aims to provide more than capital by partnering with entrepreneurs to align on a shared vision and to accelerate growth through strategic guidance and an extended network. The firm invests across a broad range of sectors including information and communication technology, electronics and microelectronics, nanotechnology, software and services, healthcare (biotech, medical devices, medicine), new materials and chemistry, industrial automation, energy and clean technologies, telecom, life sciences, digital and AI, space technology, cybersecurity, construction technology, and other deeptech areas including NewSpace. Typical early-stage investments range from €0.5 million to €5 million, often targeting companies with revenue up to several million euros. Karista seeks to support both B2B and B2C ventures with scalable business models within a European footprint.

Serena Capital is a Paris-based venture capital firm that backs early-stage technology companies across Europe and North America. Founded in 2008, it targets sectors including deep tech, enterprise software, marketplaces, entertainment, artificial intelligence, machine learning, big data, and tech-enabled services, with a commitment to AI, SaaS, climate tech, digital transformation and positive impact. The firm provides extensive operational support through a large in-house team and an active startup community that connects portfolio founders with executives. Serena Capital has invested in more than 100 startups and aims to help ambitious entrepreneurs build durable, scalable businesses while prioritizing sustainability, biodiversity, diversity and inclusion.

123 Investment Managers is an independent investment firm based in Paris with offices in Lyon, specializing in private asset investments across venture capital, private equity, and fund of funds. It pursues direct investments in a broad range of stages from seed to mature growth and co-investment opportunities, primarily in technology, industry, renewable energy, and consumer sectors, and also in health-related and eldercare services, hotels, clinics, and other accommodation ventures. The firm focuses on Europe, with emphasis on France, Switzerland, the United States, and Canada, and targets portfolio company enterprise values roughly €5 million to €400 million, investing typically from about €0.8 million to €8 million per deal. It also offers multi-theme private asset strategies across tourism, healthcare, infrastructure, and real estate to help private and institutional clients access unlisted French companies and long-term value creation.

Bonsai Partners is a venture capital firm based in Madrid, Spain. It invests in European technology startups, pursuing both primary and secondary opportunities across pre-series A to series C rounds.

4Founders Capital is a venture capital firm based in Barcelona, Spain, established in 2017 to back high-growth technology companies. The firm focuses on information technology and related digital businesses, seeking market-tested products or services with scalable models and clear paths to revenue and profitability. It emphasizes strong teams and capital-efficient growth, aiming to help portfolio companies reach international markets. Investments range from €100,000 at early stages to follow-on funding up to €4 million per company, with co-investors commonly involved to support growth. By combining operational insight with a focus on scalable, revenue-generating technology ventures, 4Founders Capital seeks to maximize value for its portfolio while supporting entrepreneurs to build global leaders.

Axeleo Capital is an emerging independent early-stage venture capital firm based in Lyon, France, focusing on B2B software and greentech startups. It provides equity investments from seed to Series B and offers operational guidance and strategic support to portfolio companies. The firm emphasizes a tailored approach that includes team management, business strategy, partnerships, and ESG activities, backed by an ecosystem of more than 150 high-level entrepreneurs, sector experts, and mentors across Europe and the United States. Committed to sustainability, it seeks to help portfolio companies grow responsibly by integrating ESG considerations into its investment approach.

CDP Venture Capital is an Italian venture capital firm founded in 2015 and based in Rome. It invests in startups and growth companies across Italy, spanning sectors such as consumer products and services, information technology, fintech and insur-tech, healthcare and life sciences, software as a service, artificial intelligence and machine learning, virtual reality, big data, advanced manufacturing, energy, education and training, agriculture materials, and other technology-driven areas. By backing early and growth-stage ventures, it aims to support Italy's economic development and the innovation ecosystem.

Starquest Capital is a venture capital and private equity firm based in Paris, France, with a China presence in Beijing. Founded in 2008, it pursues direct investments and fund-of-fund strategies in the New Economy, including sectors such as technology, cybersecurity, green tech, digital services, and healthcare. The firm takes a global outlook and collaborates with partners, including state-owned enterprises, to support growth-stage companies and identify future unicorns.

Aglaé Ventures is a venture capital firm with offices in Paris, New York, and San Francisco. Founded in 2017, it invests in asset-light technology companies at all stages, typically from €100,000 to €100 million. Backed by Groupe Arnault, the controlling shareholder of LVMH, Aglaé Ventures focuses on software, SaaS, content platforms, consumer apps, and information technology companies, and operates primarily in the United States and France.

Accel is a venture capital firm founded in 1983 by Arthur Patterson and Jim Swartz and headquartered in Palo Alto, California, with additional offices in San Francisco, London and Bangalore. It funds early- and growth-stage technology companies across software, cloud, SaaS, consumer, enterprise IT and related sectors, and it supports portfolio companies as they scale internationally. With a global network and more than three decades of experience, Accel seeks to help entrepreneurs build world-class, category-defining businesses. Notable investments include Atlassian, Facebook, Dropbox, Slack, Spotify, Etsy, Braintree, Cloudera and Qualtrics, among others. Accel operates multiple funds and programs to back companies at different stages, continuing a long track record of backing ambitious technology founders around the world.

K Fund is a Madrid-based venture capital firm that backs startups at early stages, with investments across Spain, Portugal and Latin America. Founded in 2016 by Inaki Arolla, Carina Szpilka and Ian Noel, it focuses on digital-first, technology-driven companies with global growth potential. The firm pursues seed, early and later stage investments in sectors including information technology, mobile, big data, e-commerce, gaming, the internet of things, and both business and consumer products and services. It is based in Madrid and maintains offices in Barcelona and Lisbon to cover the Spain and Portugal region.

Samaipata is a Madrid-based venture capital firm that backs early-stage digital platforms with network effects across Europe. Founded in 2016, the firm focuses on seed and startup investments in sectors such as e-commerce, marketplaces, and technology, including B2B and B2C products and services in Southern Europe, France, the United Kingdom and broader Europe. Typical checks range from half a million to one and a half million euros, with preference for portfolio companies in Europe and potential follow-on rounds. Samaipata has backed around 40 European companies through two funds totaling over €150 million in assets under management and maintains offices in Madrid, London and Paris. The firm aims to support mission-driven entrepreneurs seeking to build scalable European platforms and unicorns.

Galia Gestion is a private equity and venture capital firm based in Bordeaux, France. Founded in 2002, the firm operates as a management company approved by the AMF and has Alliance Entreprendre as majority shareholder. It invests across a broad range of sectors, including energy, wood, industrial services, hotels, restaurants and leisure, media, distribution, food, biotechnology, pharmacy, chemical, real estate, information technology, internet, software, telecommunications services, electronics and utilities.

RAISE is a Paris-based investment group comprising a growth capital investment company and a non-profit endowment. It operates Raise Ventures as its venture capital arm, investing in Series A and B and other early to late-stage startups across Europe, with a focus on technology-enabled firms in France, and avoids biotech and medtech. The group manages funds such as Raise Venture Fund, a 2018 vintage vehicle targeting commercial services, mobile and TMT. RAISE Impact supports ambitious projects as a minority shareholder, focusing on strategic development and the measurement of impact across the investment period to advance systemic changes for people and the planet.

Daphni is a Paris-based venture capital firm and platform founded in 2015 that funds technology startups with a European footprint and international ambition. It operates as a VC platform supported by the daphnipolis community of more than 200 entrepreneurs, executives, academics, artists and advisors, and a digital platform that emphasizes efficiency and transparency. The firm focuses on user-oriented tech companies and seeks opportunities across Europe and the United States, investing primarily in early-stage to growth rounds, including seed, startup, early venture and Series B. It targets ventures addressing market-oriented users across B2B and B2C models and avoids traditional fund-specific language, aiming to back startups with scalable, user-centric approaches. Through its platform, Daphni aims to support founders with practical resources and a collaborative ecosystem to accelerate international expansion.

JME Venture Capital is a Madrid-based early-stage venture capital firm founded in 2009 that invests in technology companies across Europe, with a focus on Spain. The firm backs seed and early-stage startups across sectors including information technology, SaaS, mobile, e-commerce, fintech, edtech, gaming, and related digital businesses, as well as hardware and other technology-enabled ventures. It operates from Madrid and has activity in Barcelona, seeking opportunities primarily in Spain while exploring international deals. Investments are typically made in early rounds to support growth and product development.

Arkéa Capital is the private equity and venture capital arm of Crédit Mutuel Arkéa, based in Le Relecq-Kerhuon, France. It engages in direct investments and fund-of-funds across sectors with a focus on France, especially Western regions. In seed and startup stages it typically invests between €0.1 million and €1 million; for growth capital, corporate restructuring or buyouts it ranges from €1 million to €70 million, aiming for long-term holdings and usually minority stakes, with possible co-investment. Exits typically occur after five to ten years, with longer horizons when acting as a reference shareholder in large-cap companies. Target sectors include agriculture and fishing, food and consumer goods, industrials and services, technology, energy, healthcare, financial services, logistics, and manufacturing.