XAnge holds second close for XAnge Digital 3
XAnge has held a second close on €90m for XAnge Digital 3, three quarters of the way to its €120m target.
The fund held its first close in 2017. XAnge is a Franco-German team of venture capital investors, managing €450m. The VC firm is the innovation-focused brand of French PE group Siparex.
Investors
Backers include institutional investors such as La Poste, BPI France and CNP Assurances, and corporate investors (for a third of all commitments so far), as well as family offices and high-net-worth individuals.
Investments
XAnge Digital 3 focuses on early-stage investments for startups operating in the digital consumer, enterprise data and fintech sectors, mainly in France and Germany.
XAnge Digital 3 has already invested in Bergamotte, Ouihelp and Welcome to the Jungle.
People
XAnge – Nicolas Rose (partner).
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