Newfund
From Wikipedia, the free encyclopedia
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 €400 million in funding by 2025,[1] mostly from entrepreneurs, business leaders, and family offices. It typically invests between €500,000 and €2m per company.[2] It has repeatedly been listed among the most significant venture capital funds in France.[3][4][5]
| Company type | Venture capital |
|---|---|
| Founded | 2008 |
| Headquarters | Paris , France |
Key people | François Véron, Patrick Malka, Henri Deshays |
| Website | newfundcap.com |
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 initiated in December 2018.[6] Its sectoral scope has included web-enabled services, health technology, financial technology, and since 2021, neuroscience and mental health.[7]
Notable companies in which Newfund is an investor include Aircall, a cloud-based phone services provider;[8] Datagalaxy, a data knowledge platform supporting data culture within companies.[9] In the health and robotics sector, investments include In2Bones, a medical device designer and manufacturer;[10] Medtech, a robotic surgery company listed on Euronext Paris in November 2013 and acquired by Zimmer Biomet in 2016;[11] and Raidium, a company developing an artificial intelligence software for radiology.[12] In the energy and infrastructure sector, Newfund has backed Camping Car Park, a European network of 24/7 service areas for camper vans;[13] Eqinov, a low-carbon energy efficiency services provider acquired by Acciona Energy in 2022;[14][15] and Luckey Homes, a short-term rental concierge service acquired by Airbnb in 2018.[16] In the consumer and services space, investments include Advitam, an online funeral services platform,[17] and Shotgun, a social platform for live event and party discovery.[18] In fintech, Newfund is an investor in FairMoney, a digital banking app with over five million users in Nigeria.[19][20]