Global tech investment firm Partech Ventures has announced raising €120 million (about $127 million) for its fourth seed fund that will invest in Europe, the US, and Southeast Asia.
The latest fund, Partech Entrepreneur IV, will invest at pre-seed and seed stages in about 50 startups as a lead investor or co-investor, with initial cheques ranging from €300,000 to €3 million. The fund will also reinvest until Series B, Partech said.