Eutopia VC

What Eutopia VC does

Eutopia Gestion SAS, operating as Eutopia VC, is a Paris-based private equity firm founded in 2015 by Antoine Fine and Camille Kriebitzsch. The firm invests 2–10 million euros per company in emerging consumer brands with a stated purpose, targeting businesses with proven models generating more than 3 million euros in annual revenue and a clear path to profitability. Its investment thesis spans four pillars: Modern Consumption, Health & Wellness, Education & Enlightenment, and Leisure & Social Life, with a portfolio of 30+ companies including Tediber, Oh My Cream!, Ultra Premium Direct, Monday Sports Club, Parima (formerly Gourmey), Cerene, Ana Luisa and Murfy. Geographically, Eutopia is primarily based in France with an active footprint in Spain and the United States.

Eutopia makes money through the standard private equity economics of management fees on committed capital under management and carried interest on successful portfolio exits. Its primary fund vehicle is the Eutopia Preferred FPCI, a French professional private equity investment fund regulated by the AMF. Go-to-market is relationship-driven and selective: deal flow is sourced through a formal Typeform submission funnel on the company website, founder networks, and sector events, with no public mass-distribution channel. There is no proprietary technology product; instead, the firm's value proposition is layered on operational support, including network access, a toolbox of resources, brand-building assistance, ESG integration, and cross-border expansion guidance.

The firm differentiates on mission-led investing: it has been B Corp certified since 2019 (score rising from 106.6 in 2020 to 117.2 in December 2024), is a signatory of the UN Principles for Responsible Investment and France Invest's Parity Charter, and is a member of Initiative Climat 2020. Impact metrics are embedded into portfolio monitoring, with 22% of portfolio companies holding impact committees, mission-led status, or B Corp certification, and 50% of the team plus 36% of portfolio companies being female-led or having female founders. The core team is four people — two co-founders, a Secretary General/CFO/Head of Impact, and an Associate — supplemented by ad-hoc contributors on portfolio work.

Name

Eutopia VC

Legal name

EUTOPIA GESTION SAS

Website

https://eutopia.vc

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Eutopia VC is a Paris-based private equity firm founded in 2015 that invests 2–10 million euros per company in purpose-driven emerging consumer brands in France, Spain and the US, targeting profitable businesses with more than 3M euros in annual revenue.

Ownership category

akta.pro rank

Product category

Private Equity / Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Venture Capital Fund-of-Funds (FSANAGAC)

akta.pro secondary industry

Climate Finance Funds & Green Investment Facilities (BPADACAH)

Keywords

• Venture capital funding
• Growth equity investing
• Impact private equity
• Consumer brand investment
• Purpose-driven investing

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Management fees: Standard private equity management fee structure charged on committed capital under management to cover operational costs of the fund.
2. Carried interest / Performance fees: Performance-based carried interest from successful portfolio company exits, which is the primary profit mechanism for private equity funds.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Eutopia VC is a French private equity firm that invests 2-10 million euros per company in emerging consumer brands with a purpose. Founded in 2015 and based in Paris, the firm manages the Eutopia Preferred FPCI fund and has backed more than 30 portfolio companies. Beyond capital, Eutopia provides operational support, sector expertise, network access, and ESG/impact integration to help post-revenue consumer brands scale across France, Spain, and the US.

Product overview

Eutopia VC is a private equity firm that provides investment services to emerging brands with a purpose. Founded in 2015, the firm invests between 2 and 10 million euros per company in businesses based in France, Europe, and the US with proven business models. The firm does not offer a technology product; rather, it provides capital investment, operational support, network access, and market expertise to help portfolio companies grow. The investment strategy focuses on four pillars: brands that touch daily lives, businesses that do good, driven founders, and established businesses with proven models generating more than 3 million euros annually. Their portfolio spans across Modern Consumption, Health & Wellness, Education & Enlightenment, and Leisure & Social Life categories, comprising over 30 companies including Tediber, Oh My Cream!, Moderato, Murfy, Ana Luisa, Monday Sports Club, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Eutopia Preferred FPCI Fund
• Growth Equity Investment Tickets

Quantifiable outcome

• 30+ companies backed since 2015
• +4 more outcomes

Named customers15 records

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• B Lab EuropecoreOthers · 1 December 2020B Corp certification requires ongoing compliance with B Lab's social and environmental performance standards. Eutopia re-certified in December 2024 with score of 117.2.
• United Nations (UN PRI)coreOthers · 1 March 2020Eutopia Gestion is a signatory of the UN Principles for Responsible Investment (PRI), committing to integrate ESG factors into investment decision-making and ownership practices. As a signatory, they commit to transparency on ESG activities and progress.
• Initiative Climat 2020 (iC20)coreOthers · 1 March 2020Active member of Initiative Climat 2020, committing to carbon footprint assessment for portfolio companies, definition of reduction action plans, and contribution to COP21 climate goals.
• France InvestcoreOthers · 1 January 2020Signatory of France Invest parity charter committing to gender diversity in investment teams and portfolio companies. Also involved in broader French private equity industry initiatives.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Otium Capital: French family-office-affiliated investor in early-stage consumer brands, and the firm where Eutopia's co-founders Antoine Fine and Camille Kriebitzsch originated their consumer brand thesis. Directly comparable by mandate, stage, and sector focus.
• Ring Capital: Paris-based venture capital firm investing in early- to growth-stage consumer and impact-driven brands across Europe. Highly comparable thesis around purpose-led brands and operational support for founders.
• Alven Capital: Parisian early- and growth-stage VC focused on European consumer brands and digital-native businesses. Directly comparable by sector, geography, and deal size.
• Daphni: Paris-based venture capital fund backing European tech-enabled and consumer-facing startups. Comparable as a French VC platform operating at similar ticket sizes with a thesis-driven approach.
• Citizen Capital: French impact private equity fund investing in purpose-driven businesses across consumer, education, and health. Closely comparable ESG-led mandate and growth-stage ticket sizes in France.
• Impact Partners: European private equity investor focused on impact-led SMEs, with comparable thesis around ESG integration and growth equity in consumer/services businesses.
• Investir&+: French impact investment management company backing SMEs and startups with social/environmental missions. Comparable consumer-impact focus and ticket sizes.

Broad incumbents

• Eurazeo: Major French private equity group listed on Euronext Paris with broad consumer brand exposure. Overlaps with Eutopia via co-investments (e.g., Ultra Premium Direct) and operates across the same consumer/retail sectors at a much larger scale.
• Partech: Major European growth VC with Paris roots, investing across consumer/tech-enabled sectors. Adjacent at the consumer/D2C intersection though broader in stage and geography.

Others

• BNP Paribas Ecopact: BNP Paribas unit-channel supporting impact/ESG-focused investment solutions and funds in France. Comparable as an adjacent capital channel for impact-oriented French SMEs, though structured as a banking channel rather than direct VC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eutopiavc
• Instagraminstagram.com/eutopiavc
• Xx.com/eutopiavc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments16 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eutopia VC