French private equity firm InfraVia Capital raises $292 million fund to invest in tech startup companies

InfraVia Capital Partners (InfraVia), a Paris, France-based independent private equity firm specialized in infrastructure and technology investments, announced on Monday it has closed a 270 million euros ($292 million) fund to invest in new tech-focused companies. The investors for the fund include Iliad telecoms founder Xavier Niel, according to a report from Reuters.

InfraVia said the new fund had received the support of more than 15 investors, including French insurers, family offices and successful entrepreneurs such as Niel. It added that French state bank BPIFrance would be an anchor investor for the fund.

Since inception 2008, InfraVia has raised over €4.4 billion in 32 investments across 12 countries. The firm supports entrepreneurs and industrial players in their growth and digital strategy, accelerating their transformation into sizeable platforms.

“I am very happy to invest personally in InfraVia Growth Fund to help European scale-ups become global leaders,” said Niel in a statement.