Partech Ventures raises €400m

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Partech Ventures held a final close on €400 million for its Partech International Ventures VII. The Paris-headquartered firm had a €400 million target and began fundraising in 2016.

Its previous fund raised €132 million in 2013.

Investors that committed to Partech International Ventures VII include L'Oreal.

The fund will target series A or B opportunities in technology sectors in Europe and the United States.