Brouky Score · 2026

Top VC Firms in France

The 25 highest-scoring venture funds headquartered in France, ranked from 369 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.

63
Median score / 110
across eligible firms
369
Eligible firms
5+ tracked investments
13,361
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1
101/ 110Grade A

Investments

45

Exit Rate

16%

Alive

51

Portfolio Outcomes

51 Alive11 Acquired5 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
101 pts · Grade A
2

Andera Partners SCA

Series C+France
Healthcare & Life SciencesSoftware & Developer ToolsIndustry & HardwareCommerce & MarketingConsumer, Lifestyle & Servicesother
clinical-stagedrug-developmentoncologybiotechr-dcredit-scoring

Andera Partners invests in innovative companies in healthcare and life sciences, focusing on transformational technologies and scalable business models. They support growth-stage companies that address critical medical needs in Europe.

99/ 110Grade A

Investments

287

Exit Rate

26%

Alive

159

Portfolio Outcomes

159 Alive69 Acquired7 IPO5 Dead49 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
99 pts · Grade A
3

Auriga Partners

Series C+France
Software & Developer ToolsFinance & BlockchainEnergy, Environment & Mobility
aidata-analyticsconversational-aiknowledge-managementnatural-language-processingartificial-intelligence
99/ 110Grade A

Investments

24

Exit Rate

20%

Alive

14

Portfolio Outcomes

14 Alive5 Acquired1 Dead5 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
38 / 40
99 pts · Grade A
4

RAISE Impact

Series AFrance
Energy, Environment & MobilitySoftware & Developer ToolsFinance & BlockchainConsumer, Lifestyle & ServicesArtificial Intelligence & DataCommerce & Marketing
financial-servicesfintechrenewable-energyev-chargingsmart-chargingsustainable-mobility

RAISE Impact invests in European SMEs promoting environmental and social transition through systemic solutions. They provide financial and non-financial support, leveraging their expertise in impact development and monitoring, and their diverse ecosystem.

98/ 110Grade A

Investments

16

Exit Rate

8%

Alive

11

Portfolio Outcomes

11 Alive1 Acquired1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
13 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
98 pts · Grade A
5
Software & Developer ToolsEnergy, Environment & MobilityIndustry & Hardware
renewable-energyhardwareiotsmart-homeengine-controltest-benches

Eiffel Investment Group invests for a sustainable world, aiming to generate strong financial performance and positive environmental and social impacts. They finance companies and assets across private debt, private equity, energy transition infrastructure, and listed equities/credit.

98/ 110Grade A

Investments

10

Exit Rate

7%

Alive

10

Portfolio Outcomes

10 Alive1 Acquired4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
37 / 40
98 pts · Grade A
6

Jolt Capital

Series C+France
Software & Developer ToolsArtificial Intelligence & DataHealthcare & Life SciencesIndustry & HardwareConsumer, Lifestyle & ServicesCommerce & Marketing
hardwareiotmanufacturingdistance-learningprofessional-developmentelectronics

Jolt Capital invests primarily in European startups with a focus on EdTech and related sectors, supporting firms from early growth stages to late rounds. Their portfolio centers mainly in Norway, France, and Denmark, targeting innovation-driven companies expanding across Europe.

97/ 110Grade A

Investments

26

Exit Rate

27%

Alive

18

Portfolio Outcomes

18 Alive6 Acquired1 IPO1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
38 / 40
97 pts · Grade A
7

Revaia

Series C+France
Software & Developer ToolsCommerce & MarketingHealthcare & Life SciencesEnergy, Environment & MobilityIndustry & HardwareFinance & Blockchain
aidigital-platformenterpriseautomationfintechautomotive

Revaia (formerly Gaia Capital Partners) is a growth equity firm that invests in European sustainable companies. They focus on companies with strong growth potential and a commitment to environmental and social responsibility, typically investing in Series B and later stages.

96/ 110Grade A

Investments

29

Exit Rate

3%

Alive

28

Portfolio Outcomes

28 Alive1 Acquired1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
37 / 40
96 pts · Grade A
8

Tikehau Ace Capital

Series C+France
Software & Developer ToolsFinance & Blockchainother
cybersecuritythreat-detectionanalyticsdataenterprisebank-account-validation
96/ 110Grade A

Investments

17

Exit Rate

12%

Alive

13

Portfolio Outcomes

13 Alive2 Acquired2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
37 / 40
96 pts · Grade A
9

Elaia Ventures

Series C+France
95/ 110Grade A

Investments

47

Exit Rate

18%

Alive

33

Portfolio Outcomes

33 Alive7 Acquired2 IPO1 Dead8 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
36 / 40
95 pts · Grade A
10

SWEN Blue Ocean

Series AFrance
Software & Developer ToolsEnergy, Environment & MobilityHealthcare & Life SciencesIndustry & HardwareArtificial Intelligence & Data
aquafeedcircular-economymicroalgaeomega-3pet-foodplastic-free

Investing in innovative startups that leverage ocean resources sustainably, focusing on clean technology and blue economy sectors to foster a greener future.

95/ 110Grade A

Investments

13

Exit Rate

0%

Alive

12

Portfolio Outcomes

12 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
25 / 30
Portfolio Outcomes
40 / 40
95 pts · Grade A
11

Beiersdorf Venture Capital

Corporate VCSeries C+France
95/ 110Grade A

Investments

6

Exit Rate

20%

Alive

3

Portfolio Outcomes

3 Alive1 Acquired1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
26 / 30
Portfolio Outcomes
40 / 40
95 pts · Grade A
12

Sofinnova

Series C+France
Healthcare & Life SciencesSoftware & Developer ToolsEnergy, Environment & MobilityArtificial Intelligence & DataIndustry & Hardwareother
drug-developmenthealthcarer-dbiotechclinical-stageoncology
94/ 110Grade A

Investments

71

Exit Rate

6%

Alive

57

Portfolio Outcomes

57 Alive4 Acquired1 Dead9 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
37 / 40
94 pts · Grade A
13

Infravia Capital

Series C+France
Software & Developer ToolsIndustry & HardwareCommerce & MarketingEnergy, Environment & MobilityArtificial Intelligence & DataHealthcare & Life Sciences
aihardwarewholesalefinancial-servicesenterpriseenterprise-software
93/ 110Grade A-

Investments

56

Exit Rate

22%

Alive

37

Portfolio Outcomes

37 Alive11 Acquired2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
34 / 40
93 pts · Grade A-
14
93/ 110Grade A-

Investments

33

Exit Rate

3%

Alive

31

Portfolio Outcomes

31 Alive1 Acquired7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
26 / 30
Portfolio Outcomes
37 / 40
93 pts · Grade A-
15

Eurazeo Growth

Series C+France
Software & Developer ToolsHealthcare & Life SciencesCommerce & MarketingConsumer, Lifestyle & ServicesFinance & Blockchain
ehealthpractice-management-softwaretelemedicinechatbotsconversational-aivoice-ai

Eurazeo Growth invests in European and US growth-stage companies. They focus on sectors including fintech, internet & digital media, and SaaS.

92/ 110Grade A-

Investments

11

Exit Rate

31%

Alive

7

Portfolio Outcomes

7 Alive3 Acquired1 IPO2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
23 / 30
Portfolio Outcomes
40 / 40
92 pts · Grade A-
16
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareEnergy, Environment & MobilityCommerce & MarketingFinance & Blockchain
aisustainabilitydigital-healthapplication-securitythreat-detectionanalytics
91/ 110Grade A-

Investments

41

Exit Rate

18%

Alive

30

Portfolio Outcomes

30 Alive7 Acquired3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
11 / 25
Deal Volume
30 / 30
Portfolio Outcomes
35 / 40
91 pts · Grade A-
17

NCI WaterStart Capital

Series C+France
91/ 110Grade A-

Investments

5

Exit Rate

Alive

Portfolio Outcomes

Not enough tracked outcomes yet

Score Breakdown

Size Fit
13 / 15
Venture Signals
16 / 25
Deal Volume
22 / 30
Portfolio Outcomes
40 / 40
91 pts · Grade A-
18

Via ID

Series BFrance
Energy, Environment & MobilityCommerce & MarketingSoftware & Developer ToolsIndustry & Hardware
mobilitytransportationdeliverygig-economyappon-demand
90/ 110Grade A-

Investments

7

Exit Rate

57%

Alive

2

Portfolio Outcomes

2 Alive4 Acquired1 Dead

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
20 / 30
Portfolio Outcomes
40 / 40
90 pts · Grade A-
19

Saras Capital

Series AFrance
Healthcare & Life SciencesSoftware & Developer ToolsEnergy, Environment & Mobility
healthcareanalyticsdigital-healthapimedical-devicedata-analytics

Saras Capital focuses on early-stage investments, primarily Series A and Seed rounds, in innovative startups based mainly in France and Germany.

90/ 110Grade A-

Investments

6

Exit Rate

0%

Alive

6

Portfolio Outcomes

6 Alive

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
25 / 30
Portfolio Outcomes
36 / 40
90 pts · Grade A-
20
Software & Developer ToolsEnergy, Environment & MobilityFinance & Blockchain
automationdeveloper-toolsproductivity-softwarefleet-analyticsfleet-managementtelematics
89/ 110Grade A-

Investments

5

Exit Rate

40%

Alive

3

Portfolio Outcomes

3 Alive2 Acquired

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
19 / 30
Portfolio Outcomes
40 / 40
89 pts · Grade A-
21

Karista

Series C+France
Healthcare & Life SciencesSoftware & Developer ToolsArtificial Intelligence & DataIndustry & HardwareConsumer, Lifestyle & ServicesEnergy, Environment & Mobility
aidigital-healthhealthcarer-dhardwareartificial-intelligence

Karista is a venture capital firm that invests in early-stage companies. They focus on healthcare & life sciences, and digital sectors.

88/ 110Grade A-

Investments

85

Exit Rate

14%

Alive

64

Portfolio Outcomes

64 Alive12 Acquired1 Dead7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
3 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
88 pts · Grade A-
22

13books Capital

Series AFrance
Finance & BlockchainSoftware & Developer ToolsConsumer, Lifestyle & ServicesIndustry & HardwareArtificial Intelligence & DataEnergy, Environment & Mobility
fintechapirisk-managementthreat-detectioncryptoai

13books Capital invests primarily in early-stage technology startups across France and Germany, focusing on innovative software and fintech companies. Their thesis prioritizes scaling disruptive B2B and B2C solutions at seed and series A stages.

88/ 110Grade A-

Investments

31

Exit Rate

0%

Alive

28

Portfolio Outcomes

28 Alive1 Dead1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
3 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
88 pts · Grade A-
23

Altarea Ventures

Series C+France
88/ 110Grade A-

Investments

10

Exit Rate

0%

Alive

11

Portfolio Outcomes

11 Alive2 Unknown

Score Breakdown

Size Fit
11 / 15
Venture Signals
14 / 25
Deal Volume
23 / 30
Portfolio Outcomes
40 / 40
88 pts · Grade A-
24

Ternel

Series BFrance
88/ 110Grade A-

Investments

6

Exit Rate

0%

Alive

5

Portfolio Outcomes

5 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
27 / 40
88 pts · Grade A-
25
Energy, Environment & MobilityIndustry & HardwareSoftware & Developer ToolsHealthcare & Life SciencesCommerce & Marketingother
data-analyticscircular-economyenvironmentsustainabilityrenewable-energywaste-management

Demeter Sustainable Investment backs early to growth-stage startups driving the transition to an ecological economy with innovative clean technologies and sustainable solutions. They focus on scalable B2B and B2B2C models in sectors like energy, mobility, and agriculture to foster an environmentally responsible future.

87/ 110Grade A-

Investments

150

Exit Rate

15%

Alive

111

Portfolio Outcomes

111 Alive24 Acquired8 Dead17 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
32 / 40
87 pts · Grade A-

Methodology

What the score measures, who is eligible, and what it deliberately excludes.

How is the Brouky score for France calculated?
Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
Which firms are eligible for the France ranking?
Venture and corporate venture funds headquartered in France with at least 5 tracked investments. 369 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
How often is the ranking updated?
Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
My fund's data looks wrong. Can it be corrected?
Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.

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