Newfund
Newfund is a Paris- and Silicon Valley-based early-stage venture capital firm founded in 2008, managing over €400M across multiple funds including a €60M European BrainTech fund (HEKA), serving founders across pre-seed/seed stages and a curated 250-member LP community.
- Company typePrivate
- Founded2008
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Newfund does
Newfund is an early-stage venture capital firm founded in July 2008 by François Véron and Patrick Malka, structured as a French Société Anonyme (Newfund Management) registered with the AMF under GP08000028. Headquartered at 58 rue de l'Arcade, Paris, with a regional headquarters in Palo Alto, the firm operates as the first early-stage VC with a dual Paris–Silicon Valley presence and reports funds under management exceeding €400M across vehicle structures including FPCI and FCPR funds. Its portfolio comprises 193 investments (116 active, 77 exited) spanning France, North America, Europe, Africa, Asia, and Israel, with dedicated vehicles for regional Nouvelle-Aquitaine deployment (Newfund NAEH), generalist investing (Newfund Velocity, Newfund INNOPY), and a €60M European BrainTech fund (HEKA, SFDR Article 9).
The firm's revenue model is conventional VC economics — management fees on committed capital plus carried interest on realized exits — supplemented by a growing technology product line. Newfund has built three proprietary tools: the Newfund+ mobile application (LP-only, terms effective July 1, 2023, hosted on AWS) for portfolio and pipeline transparency; the Alloy Chrome Extension (freemium and paid subscription, terms effective January 20, 2026, using OpenAI and AWS Europe) for opportunity scoring, data enrichment, and portfolio monitoring aimed at external professional investors; and an internal Newfund Gmail Extension that embeds CRM workflows into Gmail. Investment activity is concentrated in pre-seed and seed rounds of $250k–$2M (up to $4M round size), with BrainTech-focused seed checks of $1m–$3m through HEKA, while go-to-market is direct founder outreach (with a 48-hour response commitment on applications) and LP acquisition through a curated 250-member community of exit entrepreneurs and corporate leaders. Notable portfolio outcomes include Aircall ($120M Series D, 2021 unicorn) and Nfinite ($100M Series B with Insight Partners, July 2022), and the firm maintains ESG credentials via PRI signatory status, France Invest membership, and an in-house ESG scoring tool integrated into term sheets and shareholder agreements.
Newfund firmographics
Firmographics- Name
- Newfund
- Legal name
- Newfund Management
- Website
- https://newfundcap.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Newfund is a Paris- and Silicon Valley-based early-stage venture capital firm founded in 2008, managing over €400M across multiple funds including a €60M European BrainTech fund (HEKA), serving founders across pre-seed/seed stages and a curated 250-member LP community.
- Ownership category
- akta.pro rank
Newfund industry classification
Industry- Product category
- Venture Capital
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), Open-End Investment Funds (52591)
- SIC
- Investment Advice (6282), Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
- akta.pro secondary industries
- Independent Venture Debt Funds / Platforms (FSANAIAB), Renewable Energy & Energy Transition Funds (FSANAJAB)
Keywords
Where Newfund is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices3 records
Markets served
Newfund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Management Fees: Newfund operates as a venture capital firm with funds under management exceeding €400M, structured as French Limited Partnerships (FPCI) and FCPR funds. Revenue is generated through management fees and carried interest on invested capital. Funds include Newfund NAEH (FCPR), Newfund Velocity, Newfund HEKA, and Newfund INNOPY.
- Capital Gains / Carried Interest: Minority equity stakes in portfolio companies, financed without debt or financial leverage. Realized returns from portfolio company exits across 193 total investments (116 active, 77 exited).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | Alloy Chrome Extension: Free (limited features) vs Paid Subscription (full features) |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
Newfund product offering
Product offeringCore offering
Newfund is an early-stage entrepreneurial venture capital firm that invests in pre-seed and seed rounds ($250k to $2M checks in rounds up to $4M) across France and North America. The firm operates multiple fund vehicles including the main Newfund fund, the regional Newfund NAEH for Nouvelle Aquitaine, Newfund Velocity, Newfund INNOPY, and the €60M HEKA fund exclusively dedicated to BrainTech startups. Newfund also builds proprietary technology products supporting investment operations, including the Alloy Chrome Extension for professional investors and the Newfund+ mobile application for Limited Partners.
Product overview
Newfund is a Paris- and Silicon Valley-based early-stage venture capital firm offering a suite of proprietary digital tools to support its investment operations and limited partners. The firm manages multiple funds (notably Newfund NAEH for regional Nouvelle-Aquitaine investment and the €60 million HEKA BrainTech fund). Its technology stack centers on the Alloy Chrome Extension (a freemium/paid productivity tool for professional investors that leverages OpenAI and AWS Europe for automated opportunity scoring, startup enrichment, pipeline tracking, and portfolio monitoring), the Newfund Gmail Extension (productivity app connecting the internal CRM to Gmail), and the Newfund+ Mobile Application (LP-only mobile/tablet app for asset overview and deal tracking). Together these tools form an integrated platform-plus-modules architecture: Alloy is the public-facing product layer, the Gmail Extension is an internal productivity layer, and Newfund+ is the LP-facing engagement layer — all backed by the same underlying CRM and knowledge graph infrastructure.
Differentiator
Problem solved
Functional benefit
Brands
- HEKA: The first European fund exclusively dedicated to BrainTech, focused on digital therapies, neuroimaging, and AI-powered tools for neurological and psychiatric disorders. Operates as an SFDR Article 9 impact fund.
- Newfund NAEH
- Newfund Velocity
- Newfund+
- Alloy
- Road to the USA
Products and services
- HEKA BrainTech Fund
- Newfund Main Fund
- Newfund NAEH Regional Fund
- Newfund Velocity Fund
Quantifiable outcome
- Over 209 startups backed with €400M+ under management
- +6 more outcomes
Companies that use Newfund
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles4 records
Newfund technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability8 records
Feature4 records
Newfund partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship and core.
- FondaMental FoundationflagshipUnique partnership for HEKA BrainTech fund providing rigorous clinical evaluation of all portfolio startups to ensure scientific reliability and relevance of innovations. Validates solutions to address critical challenges in mental health and neuroscience.
- French Tech JournalflagshipCo-creator of 'The Digital Diplomats' initiative, an initiative by Newfund and French Tech Journal connecting French entrepreneurs with the U.S. market. Provides deep analysis on fundraising, regulations, and scaling strategies to accelerate U.S. expansion.
- BrainTech AlliancecoreCollaboration with Nexus Neurotech for the BrainTech Alliance launch scheduled in Palo Alto in February, bringing together founders, researchers, and partners in the BrainTech sector.
- Nexus NeurotechcoreCollaboration partner for the BrainTech Alliance launch in Palo Alto in collaboration with Nexus Neurotech.
- Amazon Web Services (AWS)flagshipHosting partner for Newfund's applications. AWS hosts the Newfund+ mobile application and ALLOY Chrome Extension (AWS Europe used for data hosting).
- OpenAIcoreProvides artificial intelligence features for the ALLOY Chrome Extension, including automatic scoring of investment opportunities and startup data enrichment.
- France InvestcoreIndustry association membership. Newfund Management is a member of France Invest, complying with the Charter of Commitments for Investors in Growth.
- Principles for Responsible Investment (PRI)coreMember of the world's leading proponent of responsible investment, complying with annual reporting requirements and participating in think tank studies.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Newfund competitors and assessment
Company assessmentDirect peers
- Partech: Paris-based venture capital firm investing across Europe, Africa, and the US with multiple early- and growth-stage funds. Direct competitor for French seed/pre-seed deals and similar transatlantic thesis.
- Speedinvest: European early-stage VC with sector-focused funds (deeptech, health, fintech, SaaS) and offices across Europe. Comparable check sizes and stage focus to Newfund.
- Elaia Partners: Paris-based early-stage VC investing in deeptech and B2B SaaS from pre-seed to Series A. Overlapping deal pool with Newfund in French tech ecosystem.
- Kima Ventures: Paris-based early-stage VC known for high-volume seed investing across French and European tech startups. Direct competitor in French seed market.
- Earlybird Venture Capital: European early-stage VC with sector-focused funds including health/biotech. Comparable stage focus and geographic footprint to Newfund; HEKA competes for similar brain health deals.
Broad incumbents
- Bpifrance: France's public investment bank with extensive direct and fund-of-funds VC activity. Several Newfund team members are ex-Bpifrance; it is both a competitor and a potential co-investor.
- Idinvest Partners (Eurazeo): Now part of Eurazeo, Idinvest was a major French/European VC and growth investor. Larger, more generalist platform that competes for some of the same French early- and growth-stage deals.
- EQT Ventures: Pan-European early- to growth-stage VC backed by EQT. Larger check sizes than Newfund but competes for the same European tech founders looking to scale to the US.
- Ace Capital (by Accel): Accel's pre-seed/seed program for European founders. Direct overlap with Newfund in French/European seed deals, with much larger follow-on capital from Accel main fund.
Others
- Insight Partners: Large US-based growth-stage investor and co-investor/follow-on capital for Newfund portfolio companies (e.g., Nfinite's $100M Series B with Insight in 2022). Adjacent in the value chain rather than a direct competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Newfund social profiles
Digital presenceNewfund compliance and trust
Trust signalCompliance9 records
Newfund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Newfund leadership team
Management profileNumber of profiles
Profiles10 records
Newfund subsidiaries and ownership
Company hierarchySubsidiaries3 records
Newfund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Newfund M&A and investment
M&A and investmentM&A
Investments225 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Newfund
What does Newfund do?
Newfund is an early-stage entrepreneurial venture capital firm that invests in pre-seed and seed rounds ($250k to $2M checks in rounds up to $4M) across France and North America. The firm operates multiple fund vehicles including the main Newfund fund, the regional Newfund NAEH for Nouvelle Aquitaine, Newfund Velocity, Newfund INNOPY, and the €60M HEKA fund exclusively dedicated to BrainTech startups. Newfund also builds proprietary technology products supporting investment operations, including the Alloy Chrome Extension for professional investors and the Newfund+ mobile application for Limited Partners.
Is Newfund a public or private company?
Newfund is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Newfund founded?
Newfund was founded in 2008. It employs 11 to 50 people.
Where is Newfund based?
Newfund is headquartered in Paris, France, in the Europe region.
How does Newfund make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are capital Gains / Carried Interest.
Who are Newfund's main competitors?
Direct peers on record are Partech, Speedinvest, Elaia Partners, Kima Ventures and Earlybird Venture Capital. Broad incumbents are Bpifrance, Idinvest Partners (Eurazeo), EQT Ventures and Ace Capital (by Accel). Insight Partners is listed as an others.
Does Newfund have an API?
No public API is recorded for Newfund.
What industry is Newfund in?
Newfund's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed), with a secondary code of FSANAIAB, Independent Venture Debt Funds / Platforms. Its NAICS code is 525 and its SIC code is 6282.