Partech parcels €120 million in fourth seed fund

Having backed Alan, Sorare, and Jellysmack at seed stage, Partech is back for round four, armed with €120 million
Partech parcels €120 million in fourth seed fund

Parisian seed, venture, and growth stage VC house Partech has closed its fourth seed fund at €120 million. Through this new vehicle, Partech is looking to invest in approximately 50 promising startups at the pre-seed or seed stage, offering ticket sizes ranging from €300,000 to €3 million, typically following on until Series B.

The oversubscribed fund saw the usual suspects of LPs; major financial institutions, multinational corporations, and family offices, however, the largest portion of the fund is provided by 100 entrepreneurs, more than a third of which were previously backed by Partech And so it would seem, the flywheel keeps on turning.

Officially titled Entrepreneur IV, the new seed fund is industry, market, and/or model agnostic, with capital being deployed globally.

“Backing and working with exceptional founders from the very beginning of their journey is the shared passion, and only focus, of our team,” commented Partech general partner Boris Golden. “It is, in our experience, a unique craft, requiring stage-specific expertise, commitment, and mindset.”

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