From EU Startups, September 23:
C4 Ventures, a French VC firm, announces the launch of its third fund, with a target fund size of €100 million to focus on early-stage investments in AI and DeepTech startups across Europe, reinforcing the continent’s ability to create global contenders in the field.
“The AI revolution is bigger than any previous technological shift we’ve seen since the Internet,” comments C4 Ventures Founder & CEO Pascal Cagni. “We are at the forefront of a massive transformation that will redefine industries. With C4 Ventures III , we are doubling down on this moment, backing talented founders in AI, robotics, quantum computing and beyond.”
Founded in 2014, C4 Ventures is a Venture firm led by former Apple and Microsoft executives Pascal Cagni and Eric Boustouller. Moreover, C4 Ventures draws on a global network of over 30 operating partners from the world’s leading tech companies.
Since inception, C4 Ventures has backed 54 startups of which 12 became unicorns. Its most recent fund stands out for allegedly having delivered liquidity to investors faster than most of its peers, earning a top-decile ranking within its vintage.
The firm has now seen a full investment cycle, with over 20 exits, 2 IPOs on NYSE (Riskified and Via) and 7 corporate M&A deals. C4 Ventures II, launched in 2020, already ranks in the top quartile for value creation and nearly top decile for liquidity, just five years after inception....
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