Akitia private equity firm based in Bordeaux (New Aquitaine), announced on October 7 that it had achieved a first close of €30 million for its new seed fund AVA1. The company received support from the National Seed Fund 3, which was launched in February BP France As part of France 2030, by the Nouvelle Aquitaine region and Credit Mutuel Arkia. It hopes to raise 60 million euros by next summer.
Stimulating investment capital outside Paris
The AVA1 Fund will be used for financing start At the seed and pre-seed stage, established in Nouvelle Aquitaine and neighboring areas, e.g Loire region And Occitania. Aquiti also does not rule out investing in Centre-Val de Loire and Auvergne-Rhône-Alpes. “We noticed that the regions, in a broad sense, were neglected by Parisian moneyexplains Jean-François Cauchy, Associate Director and Head of Venture Capital at Aquiti. Historically, there were regional funds, with small sizes and small capabilities, that did not have the ability to lead large financing rounds.”
Private equity firms must above all invest 70% in startups specializing in this field health And inenvironment. “In health, we want to address all the challenges of transforming the healthcare system and treatment methodJean-François Cauchy follows up. These could be platforms to simplify access to care, or technologies to develop new molecules. Aquiti can also invest in other areas, such as software publishing startups or… Cyber securityIt will be established in these areas.
Initial tickets range from 100,000 to 2 million euros
Aquiti intends to position itself primarily as a lead investor, with an initial value of between €100,000 and €2 million, and can reinvest in the companies backed for its Series A and B, up to €6 million per startup. The company is working to build a portfolio of 25 to 30 companies until 2028 or 2029, and has already invested in a seed round worth €1.5 million out of €2 million.
This fund is the first from the management company dedicated entirely to seed funding. “Aquiti has already funded local investment, Evergreen has been funded by companies that have done venture capital and development capital.”identifies Jean-François Cauchy. Aquiti Gestion was established in 2019 and currently has over €230 million under management.
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