Eurazeo's Growth Fund IV Secures €650 Million for AI Expansion

Eurazeo has announced the first closing of its Eurazeo Growth Fund IV (EGF IV) at €650 million, with a final target of €1 billion. European institutions feature prominently among the initial investors. This boosts Eurazeo Growth's assets under management to €4 billion. The fund is focused on scaling AI-driven companies across Europe, leveraging a decade-long track record that includes investments in notable tech firms like Doctolib and Qonto.

EGF IV aims to capitalize on Europe's strong technical talent and AI innovation potential. Eurazeo's Growth team, led by Hala Fadel, operates across several European nations, bringing local expertise combined with a global vision. The team offers a distinctive operational edge supported by seasoned partners with extensive industry experience.

Both Managing Partners, Christophe Bavière and William Kadouch-Chassaing, emphasize the successful execution of their growth strategy and note the rarity of a female-led investment team in the tech ecosystem. This milestone signifies a significant step in Eurazeo's commitment to fostering visionary European startups.