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Techmind

Europe, Ile-de-France, France, Paris

Description

Techmind is a prominent Paris-based venture capital firm deeply embedded in the French and broader European startup ecosystem. Established as a key player in early-stage funding, the firm primarily focuses on Seed and Series A investments, providing crucial capital and strategic support to high-potential technology companies. Their investment thesis revolves around identifying disruptive innovations and scalable business models, particularly within the B2B SaaS, Deeptech, and Digital Health sectors.

The firm is known for its hands-on approach, working closely with founders to accelerate growth from the initial stages. Techmind typically deploys initial checks ranging from €500,000 to €3 million, demonstrating a commitment to significant early-stage capital injection. This initial investment can be followed by substantial additional funding in subsequent rounds, often bringing their total commitment per company to €5 million or more. Their strategy emphasizes long-term partnerships, leveraging their extensive network and operational expertise to help portfolio companies navigate market challenges and achieve their full potential.

With a robust portfolio that includes over 50 companies, Techmind has established a strong track record of backing successful ventures across various technological domains. Their sector-specific focus allows them to provide specialized insights and connections, particularly valuable for complex B2B software solutions, groundbreaking deep technology innovations, and transformative digital health platforms. The firm's commitment to these high-growth areas underscores its vision for shaping the future of technology and healthcare through strategic early-stage investments.

Investor Profile

Techmind has backed more than 20 startups, with 3 new investments in the last 12 months alone. The firm has led 6 rounds, about 30% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in France, Senegal, United Arab Emirates.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 1 rounds in the past year.
  • Typical check size: $540K – $3.2M.

Stage Focus

  • Seed (45%)
  • Series A (30%)
  • Pre Seed (15%)
  • Series C (5%)
  • Series Unknown (5%)

Country Focus

  • France (75%)
  • Senegal (10%)
  • United Arab Emirates (5%)
  • Cameroon (5%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Health Care
  • Machine Learning
  • Artificial Intelligence (Ai)
  • Infrastructure
  • Information Services
  • Customer Service
  • Medical Device
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Techmind frequently co-invest with?

Elaia
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Evolem Start
Europe, Rhone-Alpes, France, Lyon
Co-Investments: 3
AgFunder
North America, California, United States, San Francisco
Co-Investments: 1
Founders Future
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Breega
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Verve Ventures
Europe, Zug, Switzerland, Zug
Co-Investments: 2
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Bpifrance
Europe, Ile-de-France, France, Maisons-alfort
Co-Investments: 6
Jeriko
Europe, Ile-de-France, France, Paris
Co-Investments: 2

Which angels does Techmind often collaborate with?

DF
Europe, Ile-de-France, France, Paris
Shared Deals: 1
SG
North America, New York, United States, New York
Shared Deals: 1
PA
Europe, Ile-de-France, France, Paris
Shared Deals: 1
JG
Africa, Dakar, Senegal
Shared Deals: 1
OM
Europe, Ile-de-France, France, Paris
Shared Deals: 1
FH
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Techmind?

Radiology augmented GPT to tackle the complexity of precision medicine

Artificial Intelligence (AI)Clinical TrialsComputer VisionHealth CareMachine LearningPharmaceuticalPrecision Medicine
SeedNov 28, 2024
Amount Raised: $16,896,405
Socium

Dakar, Dakar, Senegal

Socium is an HR-tech company that provides performance monitoring, payroll, and hiring services.

Customer ServiceHuman ResourcesInformation Technology
SeedNov 19, 2024
Amount Raised: $5,000,000
Hubcycle

Avignon, Provence-Alpes-Cote d'Azur, France

Hubcycle converts fruit and vegetable waste into raw materials for the hygiene and food industries.

Environmental ConsultingProfessional ServicesRecycling
Series AOct 28, 2024
Amount Raised: $16,226,478
Pixacare

Strasbourg, Alsace, France

Digital wound care management

Health CareMedical DeviceSaaS
Series UnknownApr 25, 2024
Amount Raised: $3,218,024
Groover

Paris, Ile-de-France, France

Groover is an innovative platform reinventing music promotion by guaranteeing feedbacks to musicians from relevant music influencers.

Independent MusicMedia and EntertainmentMusic
Series AFeb 13, 2024
Amount Raised: $8,031,372
CarbonFarm Technology

Paris, Ile-de-France, France

CarbonFarm's purpose is to make regenerative agriculture lucrative for farmers.

AgricultureAgTechFarming
SeedOct 20, 2023
Amount Raised: $2,649,568
Revibe

Dubai, Dubai, United Arab Emirates

Revibe is a B2C marketplace for refurbished electronics in the UAE and KSA

E-Commerce Platforms
Pre SeedJul 10, 2023
Amount Raised: $2,300,000
PaySika

Douala, Littoral, Cameroon

PaySika is a financial technology startup developing mobile and web-based banking solutions for French-speaking African countries.

BankingFinancial ServicesFinTechPaymentsSoftware
Pre SeedApr 10, 2023
XXII GROUP

Puteaux, Ile-de-France, France

French leader in computer vision software publishing.

ContentInfrastructureMachine LearningNeuroscienceRetail TechnologySaaSSecuritySmart CitiesSoftwareSupply Chain Management
Series AMar 21, 2023
Amount Raised: $23,701,022
Pongo

Paris, Ile-de-France, France

Pongo has created for you the first intelligent loyalty program that merchants use to increase their frequency of visits.

Information ServicesInformation Technology
Series AFeb 14, 2023
Amount Raised: $5,367,836