Europe

The Paris-based firm has already completed 15 investments concentrated around its five offices on the continent.

The firm’s investment strategy builds on academic research that shows 51% higher returns over 40 years for venture-backed companies tackling big societal problems than their peers.

The Prague-based firm plans to back both VC funds and start-ups while unlocking billions in historically-conservative EU pension fund AUM.

The firm’s Inclusive & Sustainable Ventures cohort is expanding its focus this year for the first time to include four non-profits in Nigeria, South Africa and the US.

The fund plans to invest in 15-20 pre-seed through Series A companies, about 80% of which will be venture-backed.

The Belgium-based firm spun out of multifamily office Troismer in 2023 and plans to target both LP fund stakes and direct secondaries investments.

Founders include Christian Dorffer, former managing partner of Sweet Capital, and Lars Rasmussen, who co-founded a mapping technology company that turned into Google Maps.

Sequoia is the largest shareholder in the Swedish company, which went public on the New York Stock Exchange on Wednesday.

The fund is anchored by the Fonds de solidarité FTQ, while its other LPs include Capital régional et coopératif Desjardins, Fonds québécois d'amorçage Teralys and TD Innovation Partners.

The early-stage investor backs technology founders from or based in what it calls the 'New Nordics.'