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, mostly from entrepreneurs, business leaders, and family offices - with no government support, which is unusual in France. It typically invests between €500,000 and €2m per company.
In January 2016, Newfund was listed third in an independent ranking of the Top 10 French venture capital firms in the FinTech sector. In late 2018, it was cited as one of the top 100 early-stage venture capital investors in Europe by Salesflare, a CRM vendor. In mid-2019 it was ranked among the top 15 venture capital funds in France.
In December 2018, Newfund initiated a dedicated fund to invest in the Nouvelle-Aquitaine Region and the Basque Country.

Investments

Companies in which Newfund has invested include:
Notable exits include, in chronological order:
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, and an oft-quoted source on venture capital matters in French and international media.
Newfund's other partners include Patrick Malka, Henri Deshays, and Ivan Michal.