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AFI Ventures

Europe, Ile-de-France, France, Paris

Description

AFI Ventures is a Paris-based early-stage venture capital fund dedicated to backing impact-driven companies at the pre-seed and seed stages. Established with a clear mission, the firm focuses on investing in startups that aim to generate significant positive societal and environmental change alongside financial returns. Their investment philosophy centers on identifying innovative solutions to pressing global challenges, positioning them as a key player in the European impact investing landscape.

The fund's investment thesis spans a diverse range of critical sectors. AFI Ventures actively seeks opportunities within Climate Tech, Circular Economy, Sustainable Food & Agriculture, Health & Wellbeing, Education & Future of Work, and the Inclusive Economy. This broad yet focused approach allows them to support a wide array of ventures contributing to a more sustainable and equitable future. Their initial ticket sizes typically range from approximately $108,000 (€100,000) to $540,000 (€500,000), with the potential for follow-on investments as portfolio companies achieve key milestones and demonstrate growth.

Beyond capital, AFI Ventures emphasizes its role as a strategic partner to its portfolio companies. The firm is committed to providing hands-on support, leveraging its extensive network, and offering operational guidance to help founders navigate the complexities of early-stage growth. This collaborative approach aims to accelerate the development of their ventures, ensuring they are well-equipped to scale their impact and achieve long-term success.

Through its dedicated 'AFI Ventures Fund I', the firm continues to solidify its commitment to fostering innovation that addresses critical societal needs. By combining financial investment with strategic support, AFI Ventures plays a vital role in nurturing the next generation of impact leaders, driving both economic value and meaningful progress across its chosen sectors.

Investor Profile

AFI Ventures has backed more than 35 startups, with 9 new investments in the last 12 months alone. The firm has led 4 rounds, about 11% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in France, Belgium, Germany.
  • Strong thematic focus on Environmental Consulting, GreenTech, Software.
  • Typical check size: $108K – $540K.

Stage Focus

  • Seed (77%)
  • Pre Seed (11%)
  • Series A (6%)
  • Angel (3%)
  • Undisclosed (3%)

Country Focus

  • France (89%)
  • Belgium (6%)
  • Germany (3%)
  • The Netherlands (3%)

Industry Focus

  • Environmental Consulting
  • Greentech
  • Software
  • Biotechnology
  • Sustainability
  • Artificial Intelligence (Ai)
  • Waste Management
  • Health Care
  • Cleantech
  • Food And Beverage
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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 AFI Ventures frequently co-invest with?

Evolem Start
Europe, Rhone-Alpes, France, Lyon
Co-Investments: 3
XAnge
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Ventech
Europe, Ile-de-France, France, Paris
Co-Investments: 3
HF
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Bleu Capital
North America, New York, United States, New York
Co-Investments: 2
Daphni
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Founders Future
Europe, Ile-de-France, France, Paris
Co-Investments: 5
Epopée Gestion
Europe, Bretagne, France, Guipavas
Co-Investments: 2
UI Investissement
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 7

Which angels does AFI Ventures often collaborate with?

AR
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
EL
North America, Florida, United States, Miami Beach
Shared Deals: 1
JL
Europe, France
Shared Deals: 1
BD
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
NB
North America, Florida, United States, Miami
Shared Deals: 1
FN
Europe, Ile-de-France, France, Paris
Shared Deals: 1
ND
North America, California, United States, San Francisco
Shared Deals: 1
TE
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 3
RV
Europe, Ile-de-France, France, Paris
Shared Deals: 2
JO
North America, Florida, United States, Miami
Shared Deals: 1

What are some of recent deals done by AFI Ventures?

Enrise

Castelnau-le-lez, Languedoc-Roussillon, France

Enrise is a solar developer specialising in self-consumption for commercial and industrial (C&I) real estate.

CommercialIndustrialReal EstateSolar
SeedJun 3, 2025
Amount Raised: $9,107,271
Tilt Energy

Paris, Ile-de-France, France

Facilitate renewable integration by matching electricity supply and demand

SeedMay 22, 2025
Amount Raised: $5,663,739
Moonwatt

Diemen, Noord-Holland, The Netherlands

Moonwatt solves problems of the energy transition through innovative energy products hardware and software.

Clean EnergyCleanTechEnergy
SeedMar 3, 2025
Amount Raised: $8,388,444
Nova Carbon

Bordeaux, Aquitaine, France

Nova Carbon's mission is to develop a range of high performance semi-finished products made from recycled carbon fiber.

Manufacturing
SeedFeb 14, 2025
Amount Raised: $1,070,642
Alpagga

Paris, Ile-de-France, France

Alpagga is the online marketplace for purchase and sale of decommissioned agri-food equipments.

MarketingMarketplaceSales
UndisclosedNov 4, 2024
Amount Raised: $6,524,576
Toasty

Paris, Ile-de-France, France

Our mission at Toasty is to make sustainable lifestyle accessible to everyone.

Marketplace
SeedOct 22, 2024
Amount Raised: $1,079,577
Highcast

Nanterre, Ile-de-France, France

Highcast automatise le suivi et la prévision des consommations en énergie de vos usines.

Software
SeedOct 9, 2024
Amount Raised: $2,188,330
Bohr Energy

Toulouse, Midi-Pyrenees, France

Democratize power market access for independent renewable energy producers

EnergyPower GridRenewable EnergySustainability
SeedSep 17, 2024
Amount Raised: $4,448,849
Jinko

Saint-denis-de-pile, Aquitaine, France

Jinko provides tailored supportive care to those impacted by cancer.

Health CareHospital
SeedSep 17, 2024
Amount Raised: $1,557,097
Estuaire

Paris, Ile-de-France, France

Estuaire aims to empower the aviation industry by reducing its environmental impact.

AerospaceGreenTech
SeedJun 25, 2024
Amount Raised: $2,361,655