The Scoop
Partech closed its inaugural €300M Impact Fund to support European B2B tech scaling up. The fund targets commercially mature firms exceeding €10M revenue, addressing a funding gap in the impact investing landscape.
The Context
The fund addresses a significant gap in growth-stage funding for impact-native companies in Europe. Historically, US buyout funds dominated the later stages, leaving a void for companies between VC funding and buyouts. Partech aims to fill this gap with a private-equity approach to scaling.