Eurazeo raises more than €1.6 billion to further support European tech

Eurazeo has announced that it has exceeded initial targets for its growth strategy dedicated to equity investments in European tech, bringing home over €1.6 billion. The firm typically backs startups at any stage in the B2B SaaS, digital health, cybersecurity, infrastructure software, fintech, and marketplaces sectors.

With a diversified portfolio of €22.7 billion in assets under management, across 450 companies, Eurazeo has been particularly active in supporting the rise of the French tech scene, backing 24 of the Next 40 companies, including unicorns Backmarket, Contentsquare, Doctolib, ManoMano, and Vestiaire Collective.

Eurazeo has an international team of 15 individuals in Berlin, London, and Paris, dedicated to this growth strategy, and with a fresh €1.6 billion at their disposal; the firm is armed with some serious firepower.

Eurazeo’s Benoist Grossmann comments, “Strong investor demand is an acknowledgement of Eurazeo’s expertise in the tech sector. Over the last 20 years, Eurazeo has developed one of the best track records in Europe and now manages some of Europe’s largest Venture and Growth funds. We are very happy to be working alongside such talented entrepreneurs.”