Axa Venture Partners, the venture capital arm of insurance company Axa, is raising an early-stage fund. Today’s new $150 million fund (€130 million) is called AVP Early Stage II.
Previously, Axa Venture Partners had raised a $110 million early-stage fund back in 2015. So far, it has invested in 40 companies, such as Hackajob, K4Connect, Futurae or Zenjob and Happytal.
When it comes to investment strategy, Axa Venture Partners plans to invest in early startups based in Europe, North America and Israel with this new fund. The firm will invest as much as $6 million per company.
Axa Venture Partners also operates a growth fund and invests in other funds through a fund of funds. And the firm has offices in Paris, London, San Francisco and New York.
Written by Romain Dillet
This news first appeared on https://techcrunch.com/2019/01/22/axa-venture-partners-raises-150-million-early-stage-fund/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29 under the title “Axa Venture Partners raises $150 million early-stage fund”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.
