Partech manages €2.7 billion in assets and invests from €500,000 at seed to more than €100 million at growth stage through five vehicles: Entrepreneur for seed, Venture for Series A and B, Growth, Africa and Impact. The fund was founded in San Francisco in 1982. Today it has offices on four continents and a portfolio that runs from Doctolib to pan-African digital champions. Its website has no form for founders, so the section How to apply to Partech covers the channels that work.
Screenshot of the partechpartners.com homepage (March 2026)
The history of Partech
Partech is one of the oldest venture capital firms in Europe. It was founded in San Francisco in 1982 as Partech International, while Silicon Valley was still taking shape. That made it an outlier from day one: an investment vehicle built as a bridge between the United States and Europe.
The early decades: a transatlantic bridge
Through the 1980s and 1990s, Partech mainly backed tech companies that operated on both continents. The fund made its name by spotting European companies that could grow in the US market, and vice versa. Few funds took that position at the time, since most VCs invested only in their home market.
The shift toward Paris
During the 2000s, Partech gradually moved its center of gravity to Paris. French tech was growing and opportunities were multiplying, which made France fertile ground for early-stage investing. The move was an expansion across both markets rather than a relocation: Partech kept its US office while building a top-tier team in Paris.
Expansion into Africa (2017)
In 2017, Partech launched Partech Africa, led by Tidjane Dème from Dakar. It was a bet on African digital champions at a time when very few European funds were looking at the continent. Its second fund, Africa II, reached its final close above $300 million in February 2024. Partech also publishes the annual Africa Tech VC Report, which has become an industry reference. The 2025 edition found that African tech funding reached $4.1 billion, up 25% year over year.
2025-2026: a mature multi-stage firm
Today, Partech manages €2.7 billion in assets across five separate investment vehicles. The fund covers the full life cycle of a startup, from seed to pre-IPO.
Timeline of Partech's key investments and milestones
The founders and the team
Partech is led by a group of General Partners with complementary backgrounds, spread across several continents.
Tidjane Dème: the architect of Partech Africa
Tidjane Dème is a General Partner based in Dakar who leads Partech's Africa strategy. His background is unusual for VC. He trained as an engineer and worked at Google before joining Partech to launch the first VC fund dedicated to African tech startups run from an office in sub-Saharan Africa. His on-the-ground knowledge and pan-African network give Partech Africa credibility in markets that other funds only watch from a distance.
Omri Benayoun: growth
Omri Benayoun is the General Partner in charge of Partech Growth, where he backs European scale-ups expanding internationally. His vehicle targets companies with €10 million to €100 million in annual revenue.
Cyril Collon and Bruno Crémel: European venture
Cyril Collon and Bruno Crémel run the seed and Series A/B venture funds in Europe. They focus on mission-critical B2B software and the digital transformation of businesses.
Partech's team is spread across four continents. That structure is unusual for a VC and closer to an investment advisory firm than a boutique fund.
Partech's investment thesis
Partech's thesis rests on one core principle: support startups at every stage of growth, with local teams on the ground.
Five distinct investment lines
Partech Seed, whose fourth fund closed at €120 million, targets early-stage B2B in Europe. First tickets range from €500,000 to €3 million, for startups that already have a working product and early customers, especially in enterprise software, cybersecurity and applied AI. Partech Venture takes over at Series A and B, focusing on mission-critical software and the digital transformation of large companies and SMEs. This is the fund's historical core. Partech Growth backs European scale-ups with €10 million to €100 million in revenue, writing tickets from €10 million to €100 million and up to fund international expansion and prepare an exit, whether an IPO or an acquisition.
Two more lines round out the platform. Partech Africa invests $1 million to $15 million in pan-African digital champions across the continent, particularly in Nigeria, Kenya and South Africa. Its sectors are fintech, e-commerce, logistics and edtech. Partech Impact, with €300 million, targets B2B tech companies whose model pairs financial performance with measurable environmental or social impact.
One team per region
What sets Partech apart from other multi-stage funds is its physical presence in each region. Africa is run from Dakar, and growth has its own dedicated team. Every line has its own team, office and networks. This structure costs more, and in return it allows real operational support: hiring, go-to-market, customer introductions and pricing strategy.
How to apply to Partech
The partechpartners.com website offers neither an application form nor a dedicated address for founders (contact page checked on September 23, 2026). That page lists only two addresses: [email protected] for Partech Africa and [email protected] for press.
Channels for reaching Partech
- An introduction from a portfolio founder. Partech has backed more than 220 companies. Ask a founder in your network to forward your deck to the partner who led their deal.
- A direct email to a partner in the right vehicle. Write to a Partech Entrepreneur partner for seed, a Partech Venture partner for Series A, or the Growth and Impact teams for later stages.
- LinkedIn and events. Follow the partners of the vehicle you are targeting and approach them at ecosystem events before sending your deck.
- The Partech Africa address. African startups can write to [email protected].
Your deck and the ticket size
Partech makes decisions in an investment committee, so send a structured deck with your metrics and the size of your round. Match your ask to the ticket size of the vehicle you are targeting: €500,000 to €3 million at seed, and €10 million to more than €100 million at growth stage. To see where Partech sits among other VC funds in France and VCs in Paris, check our rankings.
Raising €50,000 to €500,000 with swanbase
swanbase invests €50,000 to €500,000 at seed and Series A, in France and across Europe. Our six investment theses and the application form are on the raise funds with swanbase page.
Notable portfolio
Partech has invested in more than 220 companies across 40 countries. The standouts:
Partech's main investments and notable exits
Doctolib, the French unicorn for medical appointment booking and telehealth, is the best-known name in the portfolio. In B2B software, Partech backed AB Tasty, the web optimization and personalization platform that became a leader in A/B testing in Europe, and Akeneo, the product information management solution used by retail and e-commerce brands worldwide.
Recent deals show a shift toward applied AI: Qevlar AI, an AI-driven cybersecurity company, and Fyld, an AI infrastructure company, both raised in 2026 with Partech in the round. CO2 AI, a BCG spin-off that measures and reduces corporate carbon footprints, came in through the Partech Impact vehicle. The portfolio spans every stage and region the fund covers, from French seed startups to global SaaS leaders and African scale-ups.
Key figures
| Item | Value |
|---|---|
| Founded | 1982 (San Francisco) |
| Headquarters | Paris, with offices in San Francisco, Berlin, Dakar, Dubai, Nairobi |
| Assets under management | €2.7 billion |
| Portfolio companies | more than 220, in 40 countries |
| Seed fund (Partech Entrepreneur IV) | €120 million (closed 2022) |
| Growth fund | size not disclosed |
| Africa II fund | more than $300 million (final close 2024) |
| Impact fund | €300 million |
| Stages covered | seed, venture (A/B), growth, Africa, Impact |
| Tickets | from €500K at seed to more than €100M at growth |
| Geography | Europe, Africa, United States, Middle East |
FAQ
How do I contact Partech to pitch?
Partech's website has no form or address for founders (checked on September 23, 2026). Get an introduction from a portfolio founder, or write to a partner in the vehicle that matches your stage: Partech Entrepreneur for seed, Partech Venture for Series A. African startups can write to [email protected].
What is Partech's ticket size?
It depends on the vehicle. Partech Entrepreneur invests €500,000 to €3 million at seed, and Partech Growth invests €10 million to more than €100 million. Partech Africa invests $1 million to $15 million per startup.
How big is Partech?
Partech manages €2.7 billion in assets across five investment vehicles: Seed, Venture, Growth, Africa and Impact. It is one of the largest French venture capital firms, with operations in 6 cities on 4 continents.
Does Partech invest in Africa?
Yes. Since 2017, Partech Africa has invested in pan-African tech startups, led by Tidjane Dème from Dakar. The second Africa fund reached its final close above $300 million in 2024. Partech was the first major European VC to open a permanent office in sub-Saharan Africa.
Which sectors does Partech invest in?
Partech invests in B2B SaaS, cybersecurity, AI, fintech, digital transformation, climate tech and impact startups. Sectors vary by vehicle: the Seed fund focuses on European B2B, while the Africa fund covers pan-African fintech, e-commerce and logistics.
