Newfund

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 230 million euros as of September 2018,[1] mostly from entrepreneurs, business leaders, and family offices. Unusually in the French context, it has received no government support.[2] It typically invests between €500,000 and €2m per company.[3]

Newfund Management
TypeVenture capital
Founded2008
Headquarters
Paris
,
France
Key people
François Véron, Patrick Malka, Henri Deshays
Websitewww.newfund.fr

In January 2016, Newfund was listed third in an independent ranking of the Top 10 French venture capital firms in the FinTech sector.[4] In late 2018, it was cited as one of the top 100 early-stage venture capital investors in Europe by Salesflare, a CRM vendor.[5] In mid-2019 it was ranked among the top 15 venture capital funds in France.[6]

In December 2018, Newfund initiated a dedicated fund to invest in the Nouvelle-Aquitaine Region and the Basque Country.[7]

Investments

Companies in which Newfund has invested include:

Exits

Notable exits include, in chronological order:

Team

François Véron created Newfund in 2008 after a decade of private equity investment experience. He is a former board member of France's Venture Capital trade body AFIC,[21] and an oft-quoted source on venture capital matters in French and international media.[22][23][24]

Newfund's other partners include Patrick Malka and Henri Deshays.[25] The Newfund team also includes Zoé Mohl, Anne-Sophie Nédellec and Augustin Sayer.[26]

References

  1. Elsa Bembaron (September 25, 2018). Un nouveau fonds de 130 millions d'euros pour les start-up. Le Figaro.
  2. "The French government experiments with venture capitalism". The Economist. January 18, 2018.
  3. Déborah Loye (September 25, 2018). Newfund lève un deuxième fonds dédié à l'amorçage. Les Echos.
  4. "Les 10 VC français les plus investis dans les Fintechs". Techfoliance. January 6, 2016.
  5. Ali Colwell. "The top 100 early-stage venture capital investors in Europe in 2018". Salesflare.
  6. "Capital investissement - Opérations de capital risque - Classement 2019 - Fonds d'investissement - France". Décideurs magazine. 2019.
  7. "Newfund lance nouvelle Aquitaine". Industrie-Mag. December 10, 2018.
  8. Romain Dillet (June 2, 2015). "Aircall Is The Easiest Way To Create And Manage Your Phone Customer Service". TechCrunch.
  9. "Les conseils énergétiques EQINOV lèvent 1,5 M€ auprès de NEWFUND". FusAcq. March 6, 2017.
  10. "In2Bones". L'Usine digitale. March 19, 2014.
  11. "#IoT: Red Luxury lève 1 million d'euros et prépare une montre connectée d'ici fin 2014". Maddyness. July 8, 2014.
  12. "Tageos lève 2 millions d'euros auprès de Newfund". FrenchWeb. May 25, 2012.
  13. J. Vignesh (April 13, 2018). "Enterprise field operations startup Zinier raises money from Accel Partners & others". Economic Times.
  14. Wiki Su (March 17, 2015). "Venture-Backed Cheetah Mobile Acquires MobPartner For $58M". China Money Network.
  15. "MedTech (Robot Rosa) opens its capital". RobotShop. April 30, 2010.
  16. Jof Enriquez (July 20, 2016). "Zimmer Biomet Acquires Medtech SA, Joins Surgical Robotics Fray". Med Device Online.
  17. "Peugeot Frères rachète la majorité du capital du fabricant de boîtes-repas Monbento". Capital.fr. July 12, 2018.
  18. Deanna Ting (December 12, 2018). "Airbnb's Deal for French Firm Could Signal Entry Into Property Management". Skift.
  19. "ESMA Registers Beyond Ratings SAS as Credit Rating Agency". European Securities and Markets Authority (ESMA). March 18, 2019.
  20. "London Stock Exchange buys data provider Beyond Ratings in ESG push". Reuters. June 3, 2019.
  21. "Rencontre avec Bruno Mettling, directeur général d'Orange MEA, et François Véron, président de Newfund". En Temps Réel. May 4, 2016.
  22. François Véron, Newfund : "En France, on respecte davantage l’intelligence que l’argent, l’analyse que le succès". Le Nouvel Economiste. April 20, 2016.
  23. «Pour un nouveau contrat épargnants-entreprises», par Blignières, Boujnah, Mestrallet, Montchalin, Véron... L'Opinion. March 28, 2018.
  24. Daniel Michaels (December 4, 2017). Europe Starts Seed Fund to Keep Small Tech From Leaving. Wall Street Journal.
  25. "Newfund Management SA". Bloomberg.
  26. "Newfund Capital". crunchbase.
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