Partech investment firm closes fourth seed fund
Partech, a Paris-based investment firm, has closed its fourth seed fund, raising €120 million. The fund was backed by a diverse group of financial institutions, corporations, and 35 entrepreneurs who have previously received investments from Partech.
The new fund is the largest seed fund yet, surpassing their previous record of €105 million. With the additional capital, Partech is well-positioned to continue its successful track record of investing in early-stage startups.
Romain Lavault, General Partner at Partech, spoke to The Future Network about the new fund, and his thoughts on the future of the tech sector. Lavault believes that the tech sector is a sector of “unlimited potential” and that:
“The innovative solutions being developed by startups have the potential to disrupt existing industries and create new ones.”
He also believes that the current state of the tech sector is “very promising”, as the “widespread adoption of technology and digitalization has created a wealth of opportunities” for entrepreneurs.
Lavault and Partech are optimistic about the future of the tech sector, and are confident that the new fund will help to propel the growth of innovative startups. With the largest seed fund yet, the investment platform is set to continue its record of startup success and help to shape the future of the tech industry.
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