– Ventech closes its sixth flagship fund at €175 million, 15% larger than its previous vintage and the largest in its 26-year history
– Fund will support ~35 European tech startups from Seed and Series A to exit
50% of time and capital now dedicated to AI-native vertical applications
– Additional investment theses: Digital Health, Industrial Software, Cyber Security, and Sovereignty
– Ventech already invested in 15 companies under Fund VI, including Okapi Orbits (Germany), Inven (Finland), Starhive (Sweden), Vertesia (enterprise AI agents), and Omaha Insights (France)
– Jean Bourcereau, Chairman and Managing Partner, said: “We are entering a new cycle of disruption driven by AI and deep technological shifts. Now is the time to build, and we are thrilled to partner with ambitious founders tackling the biggest challenges and opportunities of our time.”
– Expanded European presence: opened Stockholm office in 2023, building on Helsinki (2016), Germany (2013), and China (2006); expanding in Munich and DACH region
– Commitment to European innovation amid shifting geopolitics: ensuring Europe’s tech independence and global competitiveness
– Zero senior departures in 15 years; team of 18 across 6 nationalities, 10 investors (6 GPs with average 17 years’ experience)
– Founding Partner Alain Caffi retires after 36x multiple exit from Believe; Jean Bourcereau becomes Chairman
– New generation leadership: Stephan Wirries (GP, Fund VI), Audrey Soussan (female GP under 40 in France)
– Expanded operational team with hires in marketing, investor relations, and ESG/Impact
– AFI Ventures also launched in 2020 as early-stage impact arm, 40+ startups backed, 60% fund deployed
– Strong LP support: 95% re-up rate, diverse international LP base, and over a dozen former founders reinvesting
