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Newfund

From Wikipedia, the free encyclopedia

Newfund Management
Company typeVenture capital
Founded2008
Headquarters
Paris
,
France
Key people
François Véron, Patrick Malka, Henri Deshays
Websitenewfundcap.com

Newfund is a venture capital firm focused on early stage investment in France and the United States. Founded in 2008, it had raised more than €400 million in funding by 2025,[1] mostly from entrepreneurs, business leaders, and family offices. It typically invests between €500,000 and €2m per company.[2] It has repeatedly been listed among the most significant venture capital funds in France.[3][4][5]

Investments

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Newfund's geographical scope of investment is in France and the United States, including a dedicated fund in the Nouvelle-Aquitaine Region and the Basque Country initiated in December 2018.[6] Its sectoral scope has included web-enabled services, health technology, financial technology, and since 2021, neuroscience and mental health.[7]

Notable companies in which Newfund is an investor include Aircall, a cloud-based phone services provider;[8] Datagalaxy, a data knowledge platform supporting data culture within companies.[9] In the health and robotics sector, investments include In2Bones, a medical device designer and manufacturer;[10] Medtech, a robotic surgery company listed on Euronext Paris in November 2013 and acquired by Zimmer Biomet in 2016;[11] and Reev, a company developing robotic mobility solutions. In the energy and infrastructure sector, Newfund has backed Camping Car Park, a European network of 24/7 service areas for camper vans;[12] Eqinov, a low-carbon energy efficiency services provider acquired by Acciona Energy in 2022;[13][14] and Luckey Homes, a short-term rental concierge service acquired by Airbnb in 2018.[15] In the consumer and services space, investments include Advitam, an online funeral services platform,[16] and Shotgun, a social platform for live event and party discovery [17] In fintech, Newfund is an investor in FairMoney, a digital banking app with over five million users in Nigeria.[18][19]

Team

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François Véron, a former board member of trade body AFIC (Association Française des Investisseurs en Capital, renamed France Invest in January 2018),[20] created Newfund in 2008.[21][22][23]

See also

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References

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  1. ^ "BrainTech Alliance Launch - Interviews from founding members". braintechalliance.com. May 9, 2025.
  2. ^ Déborah Loye (September 25, 2018). Newfund lève un deuxième fonds dédié à l'amorçage. Les Echos.
  3. ^ "Les 10 VC français les plus investis dans les Fintechs". Techfoliance. January 6, 2016.
  4. ^ Ali Colwell (July 9, 2020). "The top 100 early-stage venture capital investors in Europe in 2018". Salesflare.
  5. ^ "Capital investissement : Opérations de capital risque - Classement 2022". Décideurs Magazine.
  6. ^ "Newfund lance nouvelle Aquitaine". Industrie-Mag. December 10, 2018.
  7. ^ Geraldine Russell (October 22, 2021). "La France mise sur ses cerveaux pour s'imposer dans la BrainTech". Maddyness.
  8. ^ "Aircall Reaches 'Centaur' Status With $100 Million in ARR". The Software Report. December 19, 2022.
  9. ^ Lazhar Sellami,Sébastien Thomas (June 25, 2020). "Datagalaxy". L’USINEDIGITALE.
  10. ^ "In2Bones". L’USINEDIGITALE. March 19, 2014.
  11. ^ "Zimmer Biomet Acquires Medtech SA, Joins Surgical Robotics Fray". Meddeviceonline. July 20, 2016.
  12. ^ "Reev Raises $9.2M to Advance Wearable Robotics for Mobility Assistance". Technews180. February 6, 2025.
  13. ^ "Les conseils énergétiques EQINOV lèvent 1,5 M€ auprès de NEWFUND". FusAcq. March 6, 2017.
  14. ^ "Acciona Energia takes big stake in French energy efficiency specialist". Renewables Now. February 2, 2022.
  15. ^ Deanna Ting (December 12, 2018). "Airbnb's Deal for French Firm Could Signal Entry Into Property Management". Skift.
  16. ^ "Advitam, la start-up qui dépoussière le marché des obsèques". Entrepreneurslesechos. October 29, 2018.
  17. ^ "Shotgun lève deux millions d'euros pour faciliter la découverte de la scène électro". Maddyness. February 17, 2020.
  18. ^ Charlie Perreau (September 16, 2019). "FairMoney lève 10 millions d'euros pour lancer le N26 des pays en développement". journaldunet.
  19. ^ David Pilling (July 15, 2021). "African start-ups attract international investors — but need local ones too". Financial Times.
  20. ^ "Rencontre avec Bruno Mettling, directeur général d'Orange MEA, et François Véron, président de Newfund". En Temps Réel. May 4, 2016.
  21. ^ François Véron, Newfund : "En France, on respecte davantage l’intelligence que l’argent, l’analyse que le succès". Le Nouvel Economiste. April 20, 2016.
  22. ^ "Pour un nouveau contrat épargnants-entreprises", par Blignières, Boujnah, Mestrallet, Montchalin, Véron... L'Opinion. March 28, 2018.
  23. ^ Daniel Michaels (December 4, 2017). Europe Starts Seed Fund to Keep Small Tech From Leaving. Wall Street Journal.
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