New seed fund launched in the amount of 120 million euros

Global tech investor Partech has announced the closing of its fourth seed fund. The money will go to startup teams in Europe.

Partech Entrepreneur IV is the name of the fourth seed fund of global tech investor Partech. Through it, Partech plans to invest a total of 120 million euros in startups from Europe. To this end, the funder is looking for startups in the pre-seed and seed phases. To this end, it wants to participate in financing rounds with sums between 300,000 and three million euros.

Although Partech originally comes from San Francisco and Paris, the venture capitalist has already invested in a whole series of German start-ups. These include Aumio, Getsafe, Heyday, Oviva, Upvest, Seatti, Coachhub, Kenbi and Zolar.

The seed strategy of the now closed fund is led by a team of former European and US founders. There is no particular industry focus. "We believe it takes openness and a broad focus to find those founders who will lead a new category," says Partech's Romain Lavault.