# Top 50 B2B VC (Venture Capital) Funds in France in May 2026

## Hexa
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 10
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, FinTech

eFounders partners with talented co-founders to build the future of product-led SaaS.

## Kima Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, E-Commerce, SaaS

Kima Ventures is one of the world's most active early-stage investors, investing in 2 to 3 startups per week all over the world; providing founders with funding, network, and support for them to reach the next steps of their journey.The firm invests from seed to Series A, mostly as lead investor but also working alongside other investors;backing ambitious founders who work hard to build awesome things that more and more people use everyday. The company helps them to build a great team, to learn very quickly, to keep the right focus and execute towards growth.Kima takes pride of itself in working side-by-side with entrepreneurs. They claim to understand that fundraising is only one step in the company’s journey, that’s why they take quick decisions and make the fundraising process as smooth as possible so the founders can get back to the work of building their business. Kima considers itself not only an investor, but a network of founders and experts sharing a pay it forward mindset.Headquartered in Paris with an office in London, the company was founded and backed by Xavier Niel, founder of Iliad and supporter of entrepreneurs through such projects as 42, Station F and 101projets. Over the last 5 years Kima has invested in over 400 startups in 24 different countries.

## Global Founders Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Software, FinTech

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

## Axeleo Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Axeleo is the leading Enterprise Technology acceleration platform (both VC and Accelerator), backed by a partnership of over 60 entrepreneurs and executives, and the French Tech Acceleration Fund.

## Financiere Saint James
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 5
- Stages: Seed, Series A, Series B
- Focus: Software, Financial Services, Internet

Financiere Saint James is the Family Office of Michaël Benabou, vente-privée.com's co-founder. We invest in digital startups bringing disruptive services to the market. Financiere Saint James invested in companies such Welcome to the Jungle, Glovo, Alma, WeMaintain, Spendesk. Financiere Saint James also invests in PE/VC funds.

## Angelsquare
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Internet, Artificial Intelligence

AngelSquare is a venture capital firm that prefers to provide seed and series A investments to companies operating in the fintech, SaaS, artificial intelligence and software sectors.

## Alven
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 4
- Stages: Series A, Seed, Series B
- Focus: Software, Internet, SaaS

Alven is an independent early-stage venture capital firm that backs European category-defining startups with global reach starting at Series A or Seed stage

## LocalGlobe
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Financial Services, E-Commerce

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

## AA Sons
- Type: VC Fund
- Relevant deals: 3
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Financial Services, Health Care

From Studio, seed, series A to late stage, AA Sons will invest at your side.

## Breega
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: FinTech, Software, Financial Services

VCs use all sorts of tricks to attract the best companies. We do too. But as founders, we know that the main reason you choose an investor to be a part of your journey is because you like them. You trust them. Their values align with yours.

## 123Venture
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Software, Computer, Biotechnology

123 Venture offers funds of funds to both institutional investors as well as individual investors. 123Venture has successfully built a network of leading private equity managers in France and Europe.
123Venture also invests directly in companies, typically alongside other private equity fund managers (co-investments) with whom they have made fundinvestments.
If you are an institutionnal investor, you can have access to our know how through our funds of funds or through managed accounts. 123Venture’s dedicated programs can be tailored to meet a broad range of client-defined objectives.

## Kernel Investissements
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Enterprise Software

Founded in 2008, Kernel Investissements is a Paris-based venture capital firm that funds enterprise software companies.

## M Capital Partners
- Type: VC Fund
- Location: Toulouse, Midi-Pyrenees, France
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Health Care, Food and Beverage, Software

M Capital is an independent investment company with +€500m AuM.
A unique hub where entrepreneurs can have an equity finance and quasi-equity as well as a permanent support to accelerate their growth.
In 2020, M Capital has funded over 200 French companies.

## Index Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Internet

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

## Leap Ventures
- Type: VC Fund
- Location: Beirut, Beyrouth, Lebanon
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Machine Learning, SaaS

Global tech from MENA

## Newfund
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Newfund is a $300M entrepreneurial VC firm dedicated to pre-seed and seed investments in France and North America, in companies driving global change. The company is always looking for founders who are driven to realize a vision that will significantly alter the world in which we live. In order to appreciate what entrepreneurs are creating andutilize their strengths, Newfund aims to comprehend entrepreneurs as unique individuals.

## Otium Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Internet, E-Commerce

In 2015, two independant investment teams were created in Paris inside Otium Capital, Pierre-Edouard Stérin's family office:* Otium Venture, focused on Seed investments in Tech companies (€40m invested in 14 companies among which Payfit, Doctrine, Owkin...)* Otium Brands, focused on Seed & Series A investments in Consumer GoodscompaniesIn 2019, the two teams spun off to become independant investment firms:* Otium Venture became frst* Otium Brands became Eutopia

## Partech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Financial Services

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

## Demeter Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Private Equity
- Focus: Manufacturing, Energy, Electronics

Demeter is a major player in venture capital and private equity for the ecological transition. We invest from €1m to €30m to support companies at all stages of their development: innovative startups, high growth SMEs and infrastructure projects.

## Headline
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

## Hi Inov - Dentressangle
- Type: VC Fund
- Location: Lyon, Rhone-Alpes, France
- Relevant deals: 2
- Stages: Series B, Series A, Series C
- Focus: SaaS, Software, Information Technology

Hi inov is a regulated Venture capital management company dedicated to early stage investment in B2B digital start-ups. We have €165M under management. They are 7 investors based in Paris, Lyon and Munich and also have an operating team.Hi Inov supports young and innovative digital BtoB companies from their very beginnings, and stimulates theirlong-term growth to help them become tomorrow’s leading companies.

## Crédit Agricole
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Debt Financing
- Focus: Software, Health Care, Internet

Credit Agricole is a banking corporation with focuses on corporate and investment banking, retail banking, and savings management. Crédit Agricole Group is a responsible, helpful bank serving 49 million customers, 7.4 million mutual shareholders, and 1.2 million shareholders. Crédit Agricole Group supports its customers in their plans and projectsin France and around the world, through its operations in all segments of the market including insurance, real estate, payment systems, asset management, leasing and factoring, consumer finance, and corporate and investment banking.
Crédit Agricole also stands out for its dynamic, innovative corporate social responsibility policy serving the economy. This policy is based on a pragmatic approach that permeates throughout the entire Group and engages all its employees. Its recent inclusion in the Vigeo-NYSE Euronext extra-financial indices is recognition of this engagement.

## Aglaé Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, SaaS

Aglaé Ventures is a venture capital firm based in Paris, New York and San Francisco backed by Groupe Arnault, the controlling shareholder of LVMH, global leader in luxury goods. Aglaé invests from € 100k up to € 100m in asset light tech businesses at all stages.
Groupe Arnault-backed companies include Netflix, Spotify, Backmarket, Betfair, Airbnb,Slack, Algolia, Lyft and others.

## Ventech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, E-Commerce, Biotechnology

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

## Omnes Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Biotechnology, Health Care

Omnes, "Powering Entrepreneurs" is a Leading private equity firm dedicated to energy transition and innovation.

## Lorimer Ventures
- Type: VC Fund
- Location: Brooklyn, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Machine Learning, Information Technology

Lorimer Ventures is an operator led investment firm backing bold entrepreneurs building exceptional B2B startups.

## Sofimac Investment Managers
- Type: VC Fund
- Location: Clermont-ferrand, Auvergne, France
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Manufacturing

Acteur incontournable du capital risque de proximité, SOFIMAC PARTNERS accompagne depuis maintenant plus de 30 ans les PME régionales dans le financement de leur développement à moyen / long terme. Répondant à la problématique de sous capitalisation des PME françaises, SOFIMAC PARTNERS intervient en fonds propres aux côtés des chefsd’entreprises quelle que soit leur problématique : Création, Développement, Transmission. Gérant 200 M€ d’actifs au travers de 16 fonds (FCPR, FCPI, SCR, FIP,…), notre groupe réalise ses investissements sur une grande variété de secteurs, couvrant aussi bien les activités traditionnelles que technologiques (chimie verte, éolien, chaudronnerie aéronautique, e-commerce, édition de logiciel, médecine nucléaire etc…)

## Aster
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Energy, Solar

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

## NextStage
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series B, Post-IPO Equity
- Focus: Software, Advertising, Manufacturing

NextStage is a private equity fund manager (venture capital funds (“FCPR”), local investment funds (“FIP”) and innovation investment funds (“FCPI”)) certified by the AutoritÃ:copyright: des MarchÃ:copyright:s Financiers. As committed investors, they provide private equity capital to support the growth of Champion SMEs in France andelsewhere in Europe.

## Eight Roads Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, Health Care, Information Technology

Eight Roads has a 50+ year history of investing and partners with game-changing technology and healthcare companies, supporting them as they scale to become global leaders.

## LeFonds by FrenchFounders
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Information Technology, B2B

Early-stage venture partner for startups to support global ambition.

## Kickston Partner
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: B2B, B2C, Gift

Kickston Partner is a corporate Banking Company specialized in Technology. We are building a bridge between industrial companies and start-ups. Our mission is to help industrial companies executive to diversify and grow through start-ups. To do so, we help you address the technological market by selecting the best startups and setting up the rightrelation from partnership to investment and acquisition. On the other hand, our entrepreneur state of mind push us to help the one who wants to grow faster by raising their first round of financing.

## Faraday Venture Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, SaaS, Software

Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of  Investors and its own Funds.

## Pays de la Loire Participations
- Type: VC Fund
- Location: Nantes, Pays de la Loire, France
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Manufacturing, Software, Electronics

Pays de la Loire Participations provides finance innovation, productivity and development, especially in a banking context that is increasingly constrained by standards and regulations.The Pays de la Loire region has created the "Pays de la Loire Participations" co-investment fund (PLP) intended for small and medium-sized companieswishing to strengthen their equity. By investing alongside private professional investors, it facilitates risk taking and helps anchor long-term skills on the territory and promotes job creation and wealth.With 14 million euros in capital (20 million in the long term), entirely contributed by the Region, the "Pays de la Loire Participations" fund co-invested an average of around 2.5 million euros annually. average of € 180 K per company. Its intervention as a co-investor is crucial because it allows the VSE / SME beneficiaries to obtain from private financiers and banks, 4 times the funds contributed by Pays de la Loire participations.

## Liquid 2 Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, FinTech

Liquid2 Ventures provides technology startups with seed-stage investments and is based in San Francisco, California. The firm was founded in 2015 by Joe Montana, Mike Miller, and Michael Ma.

## ETF Group
- Type: VC Fund
- Location: Lugano, Ticino, Switzerland
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Information Technology, Internet, Service Industry

ETF Group It is a venture capital firm specializing in investments in early stage technology companies. The firm helps young companies to expand into international markets and rarely invests at the seed stage. It prefers to invest in the intelligent communications, enterprise software, systems and network performance, and outsourced businessprocesses sectors.

## Elevation Capital Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Information Technology, Software, Advertising

The management company of the Inter Invest Group.

## Isai
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Internet, Information Technology

Isai is a tech entrepreneurs' fund that focuses on early-stage internet startups and small capital tech private equity deals. It seeks to invest in companies operating in the software, information technology, media, and industrial sectors. It brings together more than 300 tech entrepreneurs who have decided to invest their money and theirexperience in order to allow the emergence of new French Tech champions.Founded in 2010, Isai is headquartered in Paris, France.

## SquareOne Venture Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Machine Learning

We invest in B2B tech entrepreneurs who are obsessed with solving complex problems in huge markets at pre-seed and seed stage

## Market One Capital
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Internet, Information Technology, E-Commerce

Market One Capital | Seed fund empowering marketplaces and network effects platforms across Europe

## Dig Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Machine Learning

Dig started by MuleSoft Founder, Ross Mason, shifting from unicorn founder to unicorn investor. B2B Web2 & Web3 SaaS.

## Insight Partners
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, SaaS, Information Technology

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies.

## Inovo VC
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, B2B, SaaS

VC for the most ambitious founders in CEE

## Xerys
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Biotechnology, Consumer Electronics, Health Care

Xery is a portfolio management Company specializing in Venture Capital - Biotech, Medtech, Cleantech, Technology

## Bain Capital Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, FinTech, SaaS

Bain Capital Ventures invests in seed to growth-stage startups that are using tech to disrupt existing markets or create entirely new ones. The firm invests from seed to growth in enterprise software, infrastructure software, and industries being transformed by data. Bain Capital Ventures has helped launch and commercialize 200-plus companiessince 2000, including investments in DocuSign, Jet.com, Kiva Systems, LinkedIn, Rapid7, SurveyMonkey, Taleo, and TellApart. Bain Capital Ventures has more than $5.2 billion of assets under management with offices in San Francisco, New York, and Boston.

## TwentyTwo VC
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Software, FinTech, Financial Services

WE ARE ACTIVE INVESTORS BASED IN SAN FRANCISCO. WE MAKE EARLY STAGE INVESTMENTS AND WE SEEK AMBITIOUS AND MAGNETIC FOUNDERS

## Le Studio VC
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Health Care

Le Studio invests in disruptive European early-stage start-ups.

## Ace Capital Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Manufacturing, Cyber Security

Ace invests with a sector-focused approach, active in Industrials and Technology. The firm builds partnerships with large corporates (including Airbus, Safran, Dassault Aviation, Thales, EDF, Naval Group, Sopra Steria), which invest in its funds and maintain an ongoing dialogue with the firm, enabling Ace to take a differentiated approach toinvesting.
Ace provides capital for businesses going through transformation, with the ability to invest with a variety in growth, buyout, and restructuring situations. We focus on companies with a proven expertise in their market, and with high and resilient intrinsic value, but which require transformation to deliver on their potential. We act as a strategic partner to management as we transform operations, and restructure/grow the business both organically and through external growth.
Ace is active throughout Europe and North America. The firm has offices in Paris, Toulouse, Bordeaux and Montreal, and accesses the global network of Tikehau Capital offices (London, Milan, Madrid, Brussels, New York, Singapore, Tokyo and Seoul).
Investment strategies overview:
- Growth Capital: investment in high/hyper growth companies raising money in Series A through C, active in the Cybersecurity and Digital Trust verticals
o Investment amount: up to €50m
o Sector of focus: Technology (e.g. Cybersecurity, Digital Trust)
- Support Capital: development capital / special opportunities (minority or control) investments in companies requiring capital to stabilise and or grow operations
o Investment amount: up to €50m
o Sector of focus: Industrials (e.g. Aerospace, Defence)
- Platform Capital: development capital / special opportunities (minority or control) investments in companies requiring capital to stabilise and or grow operations
o Investment amount: €50-200m
o Sector of focus: Industrials (e.g. Aerospace, Defence)

## Northzone
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Northzone is a venture capital fund with a perspective shaped by lives as entrepreneurs. Since 1996, they've made over 175 investments and invest from Seed to Growth. They've partnered with the founders of Spotify, Avito, iZettle, Klarna, Hopin, and hundreds of others to build category-defining businesses. They've raised €1bn inSeptember 2022.

## Bpifrance
- Type: VC Fund
- Location: Maisons-alfort, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

Bpifrance provides financial solutions for companies that are booting up the listing on the stock exchange and credit equity. It includes OSEO, CDC Entreprises, FSI, and FSI Regions to offer in your area of financial solutions at every stage of the life of your business.Bpifrance was founded in 2012 and is based in Maisons-alfort, Ile-de-France,France.

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