Paris, 23rd November 2020,
The European growth equity fund Move Capital I specialized in the B2B technology sector has been selected by the “TIBI” commission to participate in the financing of French technology companies.
Move Capital was selected by the TIBI committee on 23rd November 2020 following a vetting process involving 22 French Institutional investors. The “TIBI” committee brings together institutional investors committed to deploying more than €6 billion in French funds supporting technology companies. The “TIBI” initiative stems from a report commissioned by the President of the French Republic and published in July 2019, which highlights in particular the lack of Growth Equity financing (after the Venture Capital stage) for French technology companies. The aim of the “TIBI committee is thus to unlock financing available to such high-growth technology companies.
Move Capital brings together a multi-disciplinary team of Tech experts driven by a common vision: the willingness to support the growth of European technology companies in the B2B sector and thus to further European technological sovereignty. The team relies on a broad pan-European experience in the Tech sector with more than 70 years of financial and operational experience. Move Capital aims to actively support the growth of portfolio companies through its team’s hands-on approach. The team also benefits from a first-class strategic committee composed of C-level specialists from the largest European tech companies.
Move Capital’s mission is to address the capital needs of growing European tech companies after the Venture Capital stage. Its investment strategy is focused on companies operating the data value chain. In order to support these technology companies in the key phases of their development, Move Capital aims to raise at least €300 million from strategic and institutional professional investors. Move Capital’s ultimate goal is to become the reference fund for European B2B Tech.
“The Tibi label confirms the relevance of our collaborative approach, which consists of supporting and guiding the growth of our portfolio companies, and which is not just a financial partnership. This differentiating approach is also praised by the target companies with which we are already in dialogue” says Hervé MALAUSSENA, one of Move Capital’s Partners.
“The Tibi report points out a major need for financing and describes an opportunity to strengthen French and European technological sovereignty. This label will allow us to accelerate our fund raising in order to support this sovereignty as soon as possible “ continues Emmanuel RAFFNER, President of KC Invest.
About Move Capital and KC Invest
Move Capital is the Growth Equity strategy of KC Invest, specialized in B2B technology (www.move-capital.com). Move Capital’s multi-disciplinary team is composed of technology experts and aims to support the growth of portfolio companies. It also relies on a strategic committee comprising technology specialists who use their experience and know-how to identify high-potential targets and accompany their growth.
KC Invest is the asset management platform of the Kepler Cheuvreux group (www.kci-invest.com). KC Invest develops a range of real economy financing funds for professional investors, ranging from senior debt to equity, in order to provide tailor-made solutions to the needs of companies and their shareholders in their development projects.
Paris, 23rd November 2020,