Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top tech stats: Virgin’s business predictions, developers have their say and more

FinTech

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital

Sponsored

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport

Press Releases

GreenKey Technologies and Red Box Recorders partner to launch integrated trading voice collaboration and compliance recording solution
Leading light in British HealthTech, Network Locum, rebrands to Lantum
SteelEye announces regulatory tech specialist Matt Smith as CEO

Idinvest Partners launches €250m growth fund to support UK tech

entrepreneurs
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Idinvest Partners, a Paris-based investment firm, has announced the closure of a €250m capital growth fund to support UK tech startups.

The ‘Idinvest Growth Fund II’ will build on the firm’s previous investment strategy, targeting European tech startups with global growth prospects in the digital, HealthTech and CleanTech sectors.

Benoist Grossmann, managing partner of Idinvest Partners, commented: “The ‘Idinvest Growth Fund II’ will allow the firm to accelerate and develop it’s relationships with growing European SMEs. Modelled on previous investments such as Talend (currently listed on The Nasdaq Stock Market), Withings (bought by global telecommunications leader Nokia) and similarly Vestiaire Collective and Sigfox (now global leaders in their respective sectors), Idinvest is confident of the potential to reproduce similar successes with businesses that have their roots in France and Europe, but whose prospects for growth are global.”

EY launches its Fast Growth tech platform to support startup growth

Having previously invested in UK startups including Secret Escapes, Ogury and Lastminute.com, Idinvest Partners recognises the UK’s strong startup environment, and plans to deploy further investment in the country’s technology industry.

Christophe Bavière, founding partner of Idinvest Partners, commented: “We recognise and appreciate the trust our investors have in us, some of whom have been with us for nearly 20 years. The success of the strategy proposed by this fund has attracted new partners based in the Middle East.”

In addition to funding, Idinvest Partners will provide innovative SMEs with mentoring and a supportive entrepreneurial network.

“In today’s complex market where LPs are seeking consistent and attractive performances, Idinvest’s heritage and  specialisation in SMEs with strong growth potential is demonstrating the strength of its offering,” Bavière concluded.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

startup tech laptop

Top tech stats: Virgin’s business predictions, developers have their say and more
posted 4 hours ago

Aire Team picture June 2017_9

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital
posted 23 hours ago

Tech Chats June - digital mobility

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport
posted on July 21, 2017

mobile phone

London machine learning startup Sportr closes $350k Seed round
posted on July 21, 2017

The Week in Tech

A $170m tech fund, a drowning robot and more in The Week in Tech
posted on July 21, 2017

Graphcore founders Nigel Toon CEO (right) & Simon Knowles CTO (left)

Bristol-based Graphcore raises $30m from backers including DeepMind co-founder and Atomico
posted on July 20, 2017