Paris\/Frankfurt \u2014 Idin\u00advest Part\u00adners, the Euro\u00adpean invest\u00adment firm specia\u00adli\u00adzing in the SME segment, today announ\u00adced the successful first closing of its third fund focu\u00adsed on the digi\u00adtal economy, Idin\u00advest Digi\u00adtal Fund III, at \u20ac180 million. This unders\u00adcores the company\u2019s long-term inte\u00adrest in buil\u00adding a dedi\u00adca\u00adted ecosys\u00adtem for Euro\u00adpean entre\u00adpre\u00adneurs and nurtu\u00adring the next gene\u00adra\u00adtion of entre\u00adpre\u00adneu\u00adrial talent.<\/p>\n
With this volume, Idin\u00advest Digi\u00adtal Fund III has excee\u00added the first close of its prede\u00adces\u00adsor Idin\u00advest Digi\u00adtal Fund II, which was 154 million euros. Idin\u00advest Digi\u00adtal Fund III has a target volume of \u20ac300 million and is supported by nume\u00adrous exis\u00adting and new inves\u00adtors from Europe.<\/p>\n
Mana\u00adged by a team of nine invest\u00adment profes\u00adsio\u00adnals, the fund invests in Euro\u00adpean compa\u00adnies with high growth poten\u00adtial and serial foun\u00adders in the follo\u00adwing areas: Enter\u00adprise Soft\u00adware, Fintech and Insur\u00adtech, Deept\u00adech (Arti\u00adfi\u00adcial Intel\u00adli\u00adgence, Big Data, Virtual Reality, IoT, Cyber\u00adse\u00adcu\u00adrity) and Health\u00adtech. <\/strong>The team has alre\u00adady iden\u00adti\u00adfied two compa\u00adnies in which the fund will invest.<\/p>\n The successful fund\u00adrai\u00adsing reflects Idin\u00adves\u00adt\u2019s long-stan\u00adding commit\u00adment to the Euro\u00adpean tech\u00adno\u00adlogy sector. Over the past decade, the team has inves\u00adted in more than 130 B2B and B2C digi\u00adtal start\u00adups, inclu\u00adding Talend, Social Point, and Zenly. Last year alone, the venture capi\u00adtal team inves\u00adted 190 million euros in 21 compa\u00adnies and sold twelve invest\u00adments with a volume of 260 million euros.<\/p>\n Benoist Gross\u00admann, Mana\u00adging Part\u00adner of Idin\u00advest<\/strong>, empha\u00adsi\u00adzed: \u201cOver the past 20 years, Idin\u00advest Part\u00adners has conti\u00adnuously expan\u00added its network to Euro\u00adpean start-ups thanks to its exper\u00adtise and commit\u00adment. Thanks to our long-term approach and our consis\u00adtent support of the Euro\u00adpean tech\u00adno\u00adlogy sector, Idin\u00advest today has exten\u00adsive access to all compa\u00adnies in the Euro\u00adpean digi\u00adtal economy and always works with the best minds.\u201d<\/p>\n Matthieu Baret, Part\u00adner at Idin\u00advest, added: \u201cWe are proud of the success of the first closing of Idin\u00advest Digi\u00adtal Fund III, which was made possi\u00adble by the support of Euro\u00adpe\u2019s leading insti\u00adtu\u00adtio\u00adnal inves\u00adtors and tech\u00adno\u00adlogy compa\u00adnies. The excep\u00adtio\u00adnally strong inte\u00adrest in this fund unders\u00adcores the tremen\u00addous growth poten\u00adtial of the digi\u00adtal economy and the attrac\u00adtive invest\u00adment oppor\u00adtu\u00adni\u00adties it conti\u00adnues to offer investors.\u201d<\/p>\n About IDINVEST Partners<\/strong> Paris\/Frankfurt \u2014 Idin\u00advest Part\u00adners, the Euro\u00adpean invest\u00adment firm specia\u00adli\u00adzing in the SME segment, today announ\u00adced the successful first closing of its third fund focu\u00adsed on the digi\u00adtal economy, Idin\u00advest Digi\u00adtal Fund III, at \u20ac180 million. This unders\u00adcores the company\u2019s long-term inte\u00adrest in buil\u00adding a dedi\u00adca\u00adted ecosys\u00adtem for Euro\u00adpean entre\u00adpre\u00adneurs and nurtu\u00adring the next gene\u00adra\u00adtion of [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-venture-capital-news"],"yoast_head":"\n
\nIdin\u00advest Part\u00adners is a leading Euro\u00adpean invest\u00adment firm focu\u00adsed on the mid market. The company was foun\u00added in 1997 as part of the Alli\u00adanz Group under the name AGF Private Equity and has been inde\u00adpen\u00addent since 2010. Curr\u00adently, Idin\u00advest Part\u00adners mana\u00adges assets of nearly \u20ac9 billion with more than 90 employees and has offices in Paris, Frank\u00adfurt, Madrid, Shang\u00adhai and Dubai.<\/p>\n","protected":false},"excerpt":{"rendered":"