# AFI Ventures: portfolio, investments and team

> AFI Ventures is a vc firm based in France. 50 investments on record, 13 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/afi-ventures-by-ventech (Millionrounds; every figure on the page links to its filing or article)

France · [Investor](https://millionrounds.com/investors)

# AFI Ventures

Last cheque observed Sep 2026; 50 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Biodiversity Sustainability Us Sdg

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Deploying now

**68%** of best year **13** **cheques in 12 months**, 50 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$3.5M** Cheque size, as they say **$150K – $500K** Rounds led **0 of 50** Sole investor **5 rounds** Mostly in **France, 77%**

Pitch AFI Ventures

## AFI Ventures highlights

- 01 13 cheques in the last 12 months
- 02 Mostly Seed and Venture: 75% of its rounds
- 03 Sole investor in 5 rounds, median $1.5M

## What they do

> Alliance For Impact (AFI) is a category-defining structure for impact companies combining equity-free acceleration with first-ticket seed funding. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $150K – $500K as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Biodiversity Sustainability Us Sdg
- **Based in:** Paris, France
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **50 appearances**

- **2026** 11 rounds
- **Sept** **[Ed.ai](https://millionrounds.com/company/edai)** Seed · FR **$5.8M** With 4 others
- **Sept** **[RelaiSanté](https://millionrounds.com/company/relaisante)** Seed · FR **$6.9M** With 1 other
- **Jul** **[Bohr Energy](https://millionrounds.com/company/bohr-energy)** Series A · FR **$11M** With 1 other
- **May** **[NEX Health Intelligence](https://millionrounds.com/company/nex-health-intelligence)** Pre-seed · GB **$1.2M** Sole investor
- **May** **[vorteX-io](https://millionrounds.com/company/vortex-io)** Series A · FR **$9.9M** With 4 others
- **Mar** **[Blify](https://millionrounds.com/company/blify)** Pre-seed · FR **$2.1M** With 2 others
- **Mar** **[DiappyMed](https://millionrounds.com/company/diappymed)** Seed · FR **$5.8M** With 2 others
- **Jan** **[Moonwatt](https://millionrounds.com/company/moonwatt)** Grant · NL **$1.4M** With 4 others
- **Jan** **[Equitable Earth](https://millionrounds.com/company/equitable-earth)** Series A · FR **$15M** With 3 others
- **Jan** **[Co-reactive](https://millionrounds.com/company/co-reactive)** Seed · DE **$7.7M** Sole investor
- **Jan** **[GoCab](https://millionrounds.com/company/gocab)** Debt **$30M** Sole investor
- **2025** 9 rounds
- **Dec** **[Annette](https://millionrounds.com/company/annette)** Seed · FR **$2.3M** With 1 other
- **Nov** **[Resortecs](https://millionrounds.com/company/resortecs)** Series A · BE **$7.0M** With 3 others
- **Oct** **[Koolboks](https://millionrounds.com/company/koolboks)** Venture · FR **Undisclosed** With 3 others
- **Jul** **[Nepsis](https://millionrounds.com/company/nepsis)** Seed · FR **$3.5M** With 3 others
- **Jun** **[Enrise](https://millionrounds.com/company/enrise)** Seed · FR **$9.1M** With 2 others
- **May** **[Tilt Energy](https://millionrounds.com/company/tilt-energy)** Seed · FR **$5.6M** With 3 others
- **Apr** **[Bboxx](https://millionrounds.com/company/bboxx)** Venture · GB **Undisclosed** With 2 others
- **Mar** **[Moonwatt](https://millionrounds.com/company/moonwatt)** Seed · NL · TechCrunch **$8.4M** With 4 others
- **Feb** **[Nova Carbon](https://millionrounds.com/company/nova-carbon)** Seed · FR **$1.1M** With 2 others
- **2024** 19 rounds
- **Dec** **[ERS](https://millionrounds.com/company/ers)** Seed · FR **$5.3M** With 2 others
- **Nov** **[Faircraft](https://millionrounds.com/company/faircraft)** Series A · FR · Silicon Canals **$16M** With 9 others
- **Nov** **[SteamaCo](https://millionrounds.com/company/steamaco)** Venture · GB **Undisclosed** With 1 other
- **Nov** **[Alpagga](https://millionrounds.com/company/alpagga)** Venture · FR **$6.5M** With 4 others
- **Oct** **[Toasty](https://millionrounds.com/company/toasty)** Seed · FR **$1.1M** With 2 others
- **Oct** **[Highcast](https://millionrounds.com/company/highcast)** Seed · FR **$2.2M** With 1 other
- **Oct** **[Inarix](https://millionrounds.com/company/inarix)** Venture · FR **Undisclosed** With 2 others
- **Sept** **[Jinko](https://millionrounds.com/company/jinko)** Seed · FR **$1.6M** With 2 others
- **Sept** **[ClimeFi](https://millionrounds.com/company/climefi)** Venture · FR **Undisclosed** With 3 others
- **Sept** **[Bohr Energy](https://millionrounds.com/company/bohr-energy)** Seed · FR **$4.4M** With 1 other
- **Jun** **[Estuaire](https://millionrounds.com/company/estuaire)** Seed · FR **$2.4M** With 1 other
- **Jun** **[vorteX-io](https://millionrounds.com/company/vortex-io)** Seed · FR **$3.2M** With 2 others
- **Jun** **[Sirona Technologies](https://millionrounds.com/company/sirona-technologies)** Seed · BE **$6.4M** With 2 others
- **Jun** **[MORFO](https://millionrounds.com/company/morfo)** Venture · FR **Undisclosed** With 2 others
- **Jun** **[Entroview](https://millionrounds.com/company/entroview)** Seed · FR **$1.6M** With 2 others
- **Apr** **[Kor](https://millionrounds.com/company/kor)** Pre-seed · FR **$3.8M** With 2 others
- **Mar** **[Green Praxis](https://millionrounds.com/company/green-praxis)** Seed · FR **$1.5M** Sole investor
- **Jan** **[Prolong](https://millionrounds.com/company/prolong)** Pre-seed · FR **$1.1M** Sole investor
- **Jan** **[InspiraFarms](https://millionrounds.com/company/inspirafarms)** GB **$1.1M** With 1 other
- **2023** 5 rounds
- **Dec** **[Dionymer](https://millionrounds.com/company/dionymer)** Seed · FR **$1.6M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**30** of 45 we have independently watched raise

[Alpagga](https://millionrounds.com/company/alpagga)[Annette](https://millionrounds.com/company/annette)[Apryl](https://millionrounds.com/company/apryl)[Blify](https://millionrounds.com/company/blify)[Climefi](https://millionrounds.com/company/climefi)[Co-reactive](https://millionrounds.com/company/co-reactive)[Dionymer](https://millionrounds.com/company/dionymer)[Enrise](https://millionrounds.com/company/enrise)[Entroview](https://millionrounds.com/company/entroview)[Estuaire](https://millionrounds.com/company/estuaire)[Faircraft](https://millionrounds.com/company/faircraft)[Finres](https://millionrounds.com/company/finres)[Greenpraxis](https://millionrounds.com/company/green-praxis)[Highcast](https://millionrounds.com/company/highcast)[Jinko](https://millionrounds.com/company/jinko)[Kor](https://millionrounds.com/company/kor)[Moonwatt](https://millionrounds.com/company/moonwatt)[Morfo](https://millionrounds.com/company/morfo)[Nepsis](https://millionrounds.com/company/nepsis)[Nova-carbon](https://millionrounds.com/company/nova-carbon)[Optimiz-construction](https://millionrounds.com/company/optimiz-construction)[Prolong](https://millionrounds.com/company/prolong)[Pyxo](https://millionrounds.com/company/pyxo)[Resortecs](https://millionrounds.com/company/resortecs)[Revcoo](https://millionrounds.com/company/revcoo)[Stokelp](https://millionrounds.com/company/stokelp)[Taisan](https://millionrounds.com/company/taisan)[Tilt-energy](https://millionrounds.com/company/tilt-energy)[Toasty](https://millionrounds.com/company/toasty)[Vortex-io](https://millionrounds.com/company/vortex-io) Bohr-energie Chilli Dift Elsee Eq-earth Kheops Made by kingsize Paladin Qivia Sirona Spotlight-earth Tantor Verley-food Wearepoppins legal

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.5M** the round, not its cheque Alone, median **$1.5M**

Led 0 of 50 rounds **0%**

- **Said size:** $150K – $500K
- **Sole investor:** 5 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *27*
- Venture *9*
- Series A said *7*
- Pre-seed said *4*
- Debt *1*
- Series B said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Kima Ventures](https://millionrounds.com/fund/kima-ventures) 8
- [Bpifrance](https://millionrounds.com/fund/bpifrance) 6
- [Founders Future](https://millionrounds.com/fund/founders-future) 6
- [Daphni](https://millionrounds.com/fund/daphni) 5
- [Ventech](https://millionrounds.com/fund/ventech) 5
- [Better Angle](https://millionrounds.com/fund/better-angle) 4

**Pitching AFI Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as AFI Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Kima Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/kima-ventures)[**Bpifrance** Government **6** rounds together](https://millionrounds.com/fund/bpifrance)[**Founders Future** Accelerator **6** rounds together](https://millionrounds.com/fund/founders-future)[**Daphni** VC firm **5** rounds together](https://millionrounds.com/fund/daphni)[**Ventech** VC firm **5** rounds together](https://millionrounds.com/fund/ventech)[**Better Angle** VC firm **4** rounds together](https://millionrounds.com/fund/better-angle)[**Evolem** Family office **4** rounds together](https://millionrounds.com/fund/evolem)[**Ring Capital** VC firm **4** rounds together](https://millionrounds.com/fund/ring)[**AGORANOV** Accelerator **3** rounds together](https://millionrounds.com/fund/agoranov)[**EIC Accelerator** Government **3** rounds together](https://millionrounds.com/fund/eic-accelerator)[**LocalGlobe** VC firm **3** rounds together](https://millionrounds.com/fund/localglobe)[**XAnge** VC firm **3** rounds together](https://millionrounds.com/fund/xange)

## Recently backed

The latest companies AFI Ventures put money into.

[**Ed.ai** $5.8M · Sept 2026](https://millionrounds.com/company/edai)[**RelaiSanté** $6.9M · Sept 2026](https://millionrounds.com/company/relaisante)[**NEX Health Intelligence** $1.2M · May 2026](https://millionrounds.com/company/nex-health-intelligence)[**vorteX-io** $9.9M · May 2026](https://millionrounds.com/company/vortex-io)[**Blify** $2.1M · Mar 2026](https://millionrounds.com/company/blify)[**DiappyMed** $5.8M · Mar 2026](https://millionrounds.com/company/diappymed)

## Quick answers about AFI Ventures

### What does AFI Ventures invest in?

AFI Ventures invests most often at Seed and Venture (75% of the rounds on record), in sectors such as Biodiversity, Sustainability and Us Sdg.

### How active is AFI Ventures?

50 investments on record, 13 of them in the last 12 months. The most recent was in Sept 2026.

### What has AFI Ventures invested in recently?

Its most recent investments on record: Ed.ai (Seed, Sept 2026), RelaiSanté (Seed, Sept 2026) and Bohr Energy (Series A, Jul 2026).

### How big are AFI Ventures's cheques?

The median round it joins is $3.5M. It says it writes cheques of $150K to $500K.

### Does AFI Ventures lead rounds?

Rarely, if at all: none of its 50 investments on record names it as the lead.

### Where does AFI Ventures invest?

Most of the companies it backs are in France (77%), the United Kingdom (10%) and the Netherlands (5%).

### Is AFI Ventures investing now?

Yes: it is actively investing, with 13 investments in the last 12 months.

### Who does AFI Ventures invest alongside?

Most often Kima Ventures (8 rounds together), Bpifrance (6 rounds together) and Founders Future (6 rounds together).

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