Partech Doubles Down On Seed With New $65 Million Seed Fund

TechCrunch

It feels like Partech Ventures announced its first seed fund (Partech Entrepreneur I) just yesterday — the Paris-based venture capital firm is already announcing a new $65 million (€60 million) seed fund called Partech Entrepreneur II.

“This is the biggest dedicated seed fund in Europe focused on digital startups,” Partech General Partner Romain Lavault told me. “We plan to invest in 70 startups, representing around one investment per month in the Silicon Valley, one per month in France, and one per month in other European countries,” he continued.

As a reminder, Partech Entrepreneur I was a $32 million seed fund (€30 million) with a bigger focus on French startups. 18 months and 30 investments later, Partech will only do follow-up rounds with this fund from now on. Investments include Sketchfab, Lima, Pleek, ISKN, Ornikar, PriceMatch, Evergig, Pricing Assistant, Kartable, Klara…

For the next fund, the team…

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