Funding

Paris-based VC Ventech Closes €175M Fund VI To Support 35 European Startups

Sep 23, 2025 | By Kailee Rainse

Ventech, the French multi-sector early-stage VC firm, today announced the final close of its sixth flagship fund at €175 million, exceeding its target by 15% and becoming the largest fund in the firm’s 26-year history.

SUMMARY

  • Ventech, the French multi-sector early-stage VC firm, today announced the final close of its sixth flagship fund at €175 million, exceeding its target by 15% and becoming the largest fund in the firm’s 26-year history.

The new fund strengthens Ventech’s mission to support around 35 European tech startups, guiding them from Seed and Series A stages through to successful exits.

“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,” said Jean Bourcereau, Chairman and Managing Partner at Ventech. “With 5 offices and a strong network across Europe, we are poised to support the next generation of category-defining companies from day one.”

Founded in 1998, Ventech is a venture capital firm operating a dual-platform structure, offering dedicated funds for Europe (Paris, Munich, Berlin, Helsinki, Stockholm) and Asia (Shanghai, Hong Kong).

Since inception, Ventech has raised over €1.1 billion, completed more than 320 investments—including Vestiaire Collective, Prewave, Ogury, Veo Technologies, and Crossbeam—and achieved 185 exits such as Believe, Arteris, FintecSystems, Withings, and 4 Stop.

The launch of its sixth fund comes amid a transformative wave in Europe’s tech ecosystem, driven by AI. Ventech is dedicating 50% of its capital and focus to AI-native applications, backing category-defining startups shaping the future.

Beyond AI, the firm is focusing on Digital Health, Industrial Software, Cybersecurity, and Sovereignty. Already, Ventech Capital VI has invested in 15 companies, including Germany’s Okapi Orbits (space traffic management), Finland’s Inven (M&A SaaS), Sweden’s Starhive (AI-driven IT service management), Vertesia (enterprise AI agents), and France’s Omaha Insights (next-gen equity research).

Bourcereau added: “Friendly globalisation is suffering, to say the least. Europe is more and more on its own. With 8 of the world’s 10 biggest companies being US tech giants, Europe’s path is clear-double down on innovation. VC funds must step up to drive the next wave of global leaders.”

Ventech’s 17-member team spans six nationalities and includes 10 investors, six of whom are General Partners averaging 17 years of VC experience. They lead deals, hold board seats, and actively support startups within a flat, distributed partnership structure.

Founding Partner Alain Caffi is retiring after a successful 36x exit from Believe. Bourcereau will take over as Chairman, and Stephan Wirries will join as GP for Fund VI.

Over the past three years, Ventech has strengthened its operational team with key hires, including a Head of Marketing, Head of Investor Relations, and an Impact & ESG Manager, enhancing support for both the firm and its portfolio.

In 2020, the firm launched AFI Ventures, an early-stage impact fund. Focused on pre-Seed and Seed investments, it has backed over 40 impact-driven startups, deploying 60% of its committed capital.

Bourcereau concluded: “We’re proud to have raised this sixth-generation fund with the backing of a diverse group of international LPs. A 95% re-up rate speaks volumes about the trust in Ventech’s performance and core beliefs. We’re also honoured to see over a dozen former Founders return as investors, one of the strongest endorsements we could receive. The entire team is deeply grateful for the continued trust of our LPs and the Founders who chose us to stand by their side!”

About Ventech

Ventech is a global venture capital firm helping founders grow from zero to billion-dollar exits. With offices in Paris, Berlin, Munich, Helsinki, Stockholm, and Asia, Ventech backs ambitious entrepreneurs early, providing capital, guidance and long-term support to build category-defining companies shaping the future of technology.

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