# Newfund Capital: portfolio, investments and team

> Newfund Capital is a vc firm based in France. 144 investments on record, 13 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/newfund (Millionrounds; every figure on the page links to its filing or article)

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

# Newfund Capital

Last cheque observed Sep 2026; 144 cheques on record.

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Deploying now New fund $32M, Jan 2022 VC firm

Pre-seed Seed Series A AI & Machine Learning Agriculture Apps

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Deploying now

**62%** of best year **13** **cheques in 12 months**, 144 on record

Since the last cheque **32** days **00** hrs **00** min **00** sec

Median round **$3.4M** Cheque size, as they say **$200K – $2.0M** Rounds led **1 of 144** Sole investor **61 rounds** Exits **2 from the portfolio** Mostly in **France, 62%**

Pitch Newfund Capital

## Newfund Capital highlights

- 01 13 cheques in the last 12 months
- 02 Mostly Seed and Series A: 73% of its rounds
- 03 Sole investor in 61 rounds, median $1.6M
- 04 2 exits from the portfolio

## What they do

> Newfund is an entrepreneurial VC firm dedicated to financing seed-stage startups From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $200K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** AI & Machine Learning Agriculture Apps
- **Based in:** Paris, France
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **144 appearances**

- **2026** 7 rounds
- **Sept** **[DOD Solution](https://millionrounds.com/company/dod-solution)** Pre-seed · EE · ArcticStartup **$2.1M** With 8 others
- **Sept** **[QRA](https://millionrounds.com/company/qra)** Grant · CA **$289K** With 4 others
- **Sept** **[Reecall](https://millionrounds.com/company/reecall)** Venture · FR **$4.0M** With 3 others
- **Aug** **[Discernis](https://millionrounds.com/company/discernis)** Seed · US **$2.5M** With 1 other
- **Apr** **[Fermeate](https://millionrounds.com/company/fermeate)** Seed · US **$2.5M** With 2 others
- **Feb** **[Synthpop](https://millionrounds.com/company/synthpop)** Series A · US **$15M** With 2 others
- **Feb** **[MXPilot](https://millionrounds.com/company/mxpilot)** Pre-seed **$930K** With 1 other
- **2025** 20 rounds
- **Dec** **[KERIA](https://millionrounds.com/company/keria)** Seed · FR **$1.7M** With 1 other
- **Dec** **[Tin Can](https://millionrounds.com/company/tin-can)** Seed · US **$12M** With 2 others
- **Nov** **[Infinite Orbits](https://millionrounds.com/company/infinite-orbits)** Series A · FR · Wind **$46M** With 4 others
- **Nov** **[Clever Carnivore](https://millionrounds.com/company/clever-carnivore)** Seed · US **$2.4M** With 1 other
- **Nov** **[DATAGALAXY](https://millionrounds.com/company/datagalaxy)** Venture · FR **$2.3M** With 2 others
- **Nov** **[AI-Stroke](https://millionrounds.com/company/ai-stroke)** Seed · FR **$4.6M** With 1 other
- **Oct** **[OKO](https://millionrounds.com/company/oko)** ML · Disrupt Africa **Undisclosed** With 3 others
- **Oct** **[PureNat](https://millionrounds.com/company/purenat)** Seed · FR · Firms' own news pages **$2.3M** With 6 others
- **Sept** **[Nucleon Security](https://millionrounds.com/company/nucleon-security)** Seed · MA · TechCabal **$3.5M** *Led*
- **Sept** **[Kikleo](https://millionrounds.com/company/kikleo)** Seed · FR **$4.1M** With 2 others
- **Sept** **[Moodwork](https://millionrounds.com/company/moodwork)** Venture · FR **$3.7M** Sole investor
- **Jul** **[Rwazi](https://millionrounds.com/company/rwazi)** Series A · MU · Disrupt Africa **$12M** With 4 others
- **Jul** **[Castellum.AI](https://millionrounds.com/company/castellum-ai)** Series A · US · AlleyWatch **$8.5M** With 7 others
- **Jul** **[Civ Robotics](https://millionrounds.com/company/civ-robotics)** Series A · US **$7.5M** With 5 others
- **Jun** **[Oria Bioscience](https://millionrounds.com/company/oria-bioscience)** Seed · FR **$3.1M** Sole investor
- **May** **[PyxiScience](https://millionrounds.com/company/pyxiscience)** Seed · FR **$2.3M** With 1 other
- **Apr** **[Diagnoly](https://millionrounds.com/company/diagnoly)** Seed · FR **$6.0M** With 2 others
- **Mar** **[Evera](https://millionrounds.com/company/evera)** Seed · FR **$2.2M** Sole investor
- **Feb** **[REEV](https://millionrounds.com/company/reev)** Seed · FR **$9.2M** With 1 other
- **Feb** **[NeoEarth](https://millionrounds.com/company/neoearth)** Seed · FR **$1.1M** Sole investor
- **2024** 18 rounds
- **Dec** **[Omnidoc](https://millionrounds.com/company/omnidoc)** Venture · FR · Silicon Canals **$6.3M** With 5 others
- **Nov** **[Oplit](https://millionrounds.com/company/oplit)** Venture · FR **Undisclosed** With 2 others
- **Nov** **[Haiku](https://millionrounds.com/company/haiku)** Seed · FR **$1.4M** Sole investor
- **Nov** **[Arenametrix](https://millionrounds.com/company/arenametrix)** Venture · FR **$8.4M** With 1 other
- **Nov** **[Raidium](https://millionrounds.com/company/raidium)** Seed · FR **$17M** With 3 others
- **Oct** **[Upkid](https://millionrounds.com/company/upkid)** Seed · US **$3.3M** With 3 others
- **Oct** **[Inarix](https://millionrounds.com/company/inarix)** Venture · FR **Undisclosed** With 2 others
- **Sept** **[nopillo](https://millionrounds.com/company/nopillo)** Seed · FR **$4.4M** With 3 others
- **Sept** **[Soihtu DTx](https://millionrounds.com/company/soihtu-dtx)** Pre-seed · FI **$3.4M** With 1 other
- **Sept** **[Greenscope](https://millionrounds.com/company/greenscope)** Venture · FR **$3.3M** Sole investor
- **Aug** **[Dolly](https://millionrounds.com/company/dolly)** Seed · FR **$300K** With 3 others
- **Aug** **[Rabot](https://millionrounds.com/company/rabot)** Seed · US **$5.0M** With 2 others
- **Jul** **[Nurea](https://millionrounds.com/company/nurea)** Venture · FR **Undisclosed** 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.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

FV **Francois Veron** Director, President, Assistant Treasurer and Assistant Secretary i Form ADV

HD **Henri Deshays** COO of the Issuer and Vice Secretary of the GP i Filing they signed

PM **Patrick Malka** Director, Vice President, Treasurer and Secretary i Form ADV

We also hold **24** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$454M** gross assets of its funds, 2 advisers combined Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Newfund Management S.a.
- **SEC number:** CRD 287894

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

Founders

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[MobPartner](https://millionrounds.com/company/mobpartner)** Bought by [Cheetah Mobile](https://millionrounds.com/fund/cheetah-mobile) **$58M** Mar 2015

**[Izeos](https://millionrounds.com/company/izeos)** Bought by MNH **Undisclosed** Nov 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$32M**

raised in Jan 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.4M** the round, not its cheque Alone, median **$1.6M**

Led 1 of 144 rounds **1%**

- **Said size:** $200K – $2.0M
- **Sole investor:** 61 rounds
- **Last cheque:** Sept 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Seed said *65*
- Series A said *33*
- Venture *24*
- Pre-seed said *10*
- Series B *3*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Bpifrance](https://millionrounds.com/fund/bpifrance) 10
- [Kima Ventures](https://millionrounds.com/fund/kima-ventures) 10
- [Evolem](https://millionrounds.com/fund/evolem) 5
- [Techstars](https://millionrounds.com/fund/techstars) 5
- [Corazon Capital](https://millionrounds.com/fund/corazon-capital) 3
- [Founders Future](https://millionrounds.com/fund/founders-future) 3

**Pitching Newfund Capital?** 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 Newfund Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Bpifrance** Government **10** rounds together](https://millionrounds.com/fund/bpifrance)[**Kima Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/kima-ventures)[**Evolem** Family office **5** rounds together](https://millionrounds.com/fund/evolem)[**Techstars** VC firm **5** rounds together](https://millionrounds.com/fund/techstars)[**Corazon Capital** VC firm **3** rounds together](https://millionrounds.com/fund/corazon-capital)[**Founders Future** Accelerator **3** rounds together](https://millionrounds.com/fund/founders-future)[**KurmaPartners** VC firm **3** rounds together](https://millionrounds.com/fund/kurmapartners)[**Orange Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/orange-ventures)[**Y Combinator** Accelerator **3** rounds together](https://millionrounds.com/fund/y-combinator)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups)[**AGORANOV** Accelerator **2** rounds together](https://millionrounds.com/fund/agoranov)[**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)

## Recently backed

The latest companies Newfund Capital put money into.

[**DOD Solution** $2.1M · Sept 2026](https://millionrounds.com/company/dod-solution)[**QRA** $289K · Sept 2026](https://millionrounds.com/company/qra)[**Reecall** $4.0M · Sept 2026](https://millionrounds.com/company/reecall)[**Discernis** $2.5M · Aug 2026](https://millionrounds.com/company/discernis)[**Fermeate** $2.5M · Apr 2026](https://millionrounds.com/company/fermeate)[**KERIA** $1.7M · Dec 2025](https://millionrounds.com/company/keria)

## Quick answers about Newfund Capital

### What does Newfund Capital invest in?

Newfund Capital invests most often at Seed and Series A (73% of the rounds on record), in sectors such as AI & Machine Learning, Agriculture and Apps.

### How active is Newfund Capital?

144 investments on record, 13 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

### What has Newfund Capital invested in recently?

Its most recent investments on record: DOD Solution (Pre-seed, Sept 2026), QRA (Grant, Sept 2026) and Reecall (Venture, Sept 2026).

### How big are Newfund Capital's cheques?

The median round it joins is $3.4M. It says it writes cheques of $200K to $2.0M.

### Does Newfund Capital lead rounds?

Sometimes: it led 1 of its 144 investments on record (1%).

### Where does Newfund Capital invest?

Most of the companies it backs are in France (62%) and the United States (23%).

### Is Newfund Capital investing now?

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

### Who does Newfund Capital invest alongside?

Most often Bpifrance (10 rounds together), Kima Ventures (10 rounds together) and Evolem (5 rounds together).

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