Newfund is a

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

firm focused on early stage investment in

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

and the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

. Founded in 2008, it had raised more than 230 million euros as of September 2018, mostly from entrepreneurs, business leaders, and family offices. It typically invests between €500,000 and €2m per company. It has repeatedly been listed among the most significant venture capital funds in France.

Investments

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 Basque Country may refer to: * Basque Country (autonomous community), as used in Spain ( es, País Vasco, link=no), also called , an Autonomous communities of Spain, autonomous community of Spain (shown in pink on the map) * French Basque Country o ...

initiated in December 2018. Its sectoral scope has included web-enabled services, health technology, financial technology, and since 2021,

neuroscience Neuroscience is the scientific study of the nervous system (the brain, spinal cord, and peripheral nervous system), its functions and disorders. It is a multidisciplinary science that combines physiology, anatomy, molecular biology, development ...

and

mental health Mental health encompasses emotional, psychological, and social well-being, influencing cognition, perception, and behavior. It likewise determines how an individual handles stress, interpersonal relationships, and decision-making. Mental health ...

. Notable companies in which Newfund is an investor include Aircall, a cloud-based phone services provider; Red Luxury, a

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. S ...

-based designer of fashion watches and jewelry; and FairMoney, a prominent digital bank in Nigeria. Notable exits have included Medtech, a robotic surgery company that developed the

ROSA Rosa or De Rosa may refer to: People *Rosa (given name) * Rosa (surname) *Santa Rosa (female given name from Latin-a latinized variant of Rose) Places *223 Rosa, an asteroid *Rosa, Alabama, a town, United States * Rosa, Germany, in Thuringia, G ...

robot, listed on

Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined marke ...

from November 2013, and purchased in July 2016 by

Zimmer Biomet Zimmer Biomet is a publicly traded medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster. In 2001, Zimmer was spun off f ...

; Luckey Homes, a Paris-based concierge services company, purchased in December 2018 by Airbnb; Beyond Ratings, an ESMA-registered credit rating agency, purchased in June 2019 by London Stock Exchange Group; Eqinov, an

energy efficiency Energy efficiency may refer to: * Energy efficiency (physics), the ratio between the useful output and input of an energy conversion process ** Electrical efficiency, useful power output per electrical power consumed ** Mechanical efficiency, a ra ...

services provider, purchased in February 2022 by Acciona Energy; Tageos, a designer and manufacturer of

RFID Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromag ...

labels, purchased in March 2022 by

Fedrigoni Fedrigoni is a large paper manufacturer in Italy which owns paper mills in Verona, Arco di Trento, Riva del Garda, Fabriano Fabriano is a town and ''comune'' of Province of Ancona, Ancona province in the Italy, Italian region of the Marche, a ...

; and In2Bones, a

medical device A medical device is any device intended to be used for medical purposes. Significant potential for hazards are inherent when using a device for medical purposes and thus medical devices must be proved safe and effective with reasonable assura ...

designer and manufacturer, purchased in June 2022 by Conmed Corporation.

Team

François Véron, a former board member of trade body AFIC (, renamed France Invest in January 2018), created Newfund in 2008.

References

External links

Website
Venture capital firms of France {{private-equity-company-stub

Investments

Team

See also

References

External links