28-06-2016 11:33 via feedproxy.google.com

Partech Ventures closes $440 million fund aimed at growth-stage startups

Partech Ventures, an investment firm with hubs in Paris, San Francisco, and Berlin, has closed a €400 million ($440 million) fund aimed at later-stage startups.
The aptly titled Partech Growth fund was announced back in early 2015, and the initial intention was to raise much less than the figure announced today. But the firm says it has seen strong demand, and it has already used the fund to invest around €120 million ($130 million) in five European and U.S. startups, including U.K.-ba
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