Newfund is a $300M entrepreneurial VC firm dedicated to pre-seed and seed investments in France and North America, in companies driving global change.
 

 

VISION

We are constantly looking for founders obsessed with realizing a vision that will have a major impact on the world we live in. We seek to understand entrepreneurs as individuals, appreciate what they are building and play to their strengths. Greatness comes in all forms.

 

 

INVESTMENT THESIS

We are a first check fund, meaning that we usually bring the first institutional money. We invest between $300k and $1m in pre-seed and seed rounds and we follow-on in subsequent rounds.

We want founders with skin in the game. Similarly, we (GPs) are the main investors in our funds : we play the same game, interests are aligned.

We seek founders with an international mindset.

We move fast and constantly aim to streamline our investment process to increase velocity. The less time you spend raising, the more you can spend on the business, this is what creates value for everyone.
 

 

MISSION 

Helping entrepreneurs accelerate their path towards building global businesses that will have a lasting positive impact :

1/ Identify Founders-Market Fit

2/ Enable Product-Market Fit

3/ Reach Hyper-growth

 

This is not as easy as 1-2-3. We are active partners, in sync with the founders' ambitions. Newfund provides access to its in-house operating team and a cross-border ecosystem to help founders find product-market fit and accelerate their growth.

Over the last 12 years, we have been developing a dense ecosystem, which includes carefully selected vendors and experts in talent management, finance and marketing, focused on helping founders grow from startups to global companies.

We nurture a network of 20,000+ professionals to make the right connections at the right time. We leverage our personal and professional network (« Hello Linkedin ») to connect our companies with clients and partners around the world.
 

 

STYLE

We know our radical candor style is not for everyone. We push when we feel there is untapped potential. It works both ways between founders and Newfund. It helps us all move forwards and move fast.

We fight alongside the entrepreneur to take her company to the next level, 24/7.

We know how it feels to lose a customer or stop a product that doesn't work.

We give our opinion when asked and when we feel we have to.

We believe in no-nonsense companies.

We are people backing people.

Your success is our obsession.

We don't pretend to be cool.

 

 

INSPIRATION

We believe in the power of the Growth Mindset. Dr. Carol Dweck of Stanford University has been studying people’s mindsets towards learning for decades. She has found that most people adhere to one of two mindsets: fixed or growth. Fixed mindsets mistakenly believe that people are either smart or not, that intelligence is fixed by genes. People with growth mindsets correctly believe that capability and intelligence can be grown through effort, struggle and failure. Dweck found that those with a growth mindset embraced challenges, and understood that tenacity and effort could change their outcomes. Learning is everything.

 

 

ETHICS & SUSTAINABILITY

We believe in startups with strong environmental, social and governance (ESG) policies.

Newfund is committed to diversity and the highest standards of ethical conduct and recognizes these principles through its investment strategy and philosophy and its general business practices.

We strive to invest in companies that have similar commitments, and expect that as part of partnering with Newfund that the Company will :

(a) endeavor to build and maintain a team that is inclusive of different ethnicities, genders, disabilities and perspectives

(b) adopt and maintain (i) codes of conduct designed to ensure that the highest standards of ethical behavior be upheld by personnel as well as (ii) policies governing acceptable workplace behavior and anti-harassment and discrimination that provide and maintain a work environment for its personnel and third parties with whom its personnel interact that is free of discrimination and harassment.

 

Newfund supports initiatives to set standards and promote sustainable and inclusive development. As such, we have signed some valuable charters, including:

We are committed to join the PRI (Principles for Responsible Investment) in 2021. The PRI is the world’s leading proponent of responsible investment, supported by the United Nations. 

 

Read our full ESG policy.

 

As individuals, we are fully engaged in our communities. As a team, we support Terranova, Génération Libre (think tanks), Nouvel Esprit Public (independent journalism) and Antenna Foundation, which supports the production and distribution of spirulina whose benefits, among others, is to heal malnutrition.

 

 

ONE MORE THING

We are optimistic. Truly.

We believe that a better world is to come because entrepreneurs will collectively find solutions. They always do.

We think of Thomas Edison, Louis Pasteur, the Wright Brothers, Steve Jobs, Elon Musk. At some point they were the underdogs trying to fix a great problem. At some point, their vision came to realization. They changed the world. Our job is to find the people who are next.

 

You are an entrepreneur and you think there is a match?  Apply here.