IronWave is a Paris-based venture capital firm launched by former Wendel Growth executives to back mature European startups bridging the gap into traditional growth equity. The firm was formed as an independent spin-out of Wendel's in-house Growth unit, drawing on its team's track record supporting companies including Safran.AI (formerly Preligens) and YesWeHack.
IronWave invests in mature startups generating $3.4M to $11.3M in annual revenue across fintech, defense, and cybersecurity, aiming to bridge the gap between venture rounds and traditional growth equity financing.
The firm is based in Paris and focuses primarily on European companies.
IronWave announced a $119M first close for its debut fund.
The vehicle is anchored by French investment firm Wendel, which committed 50% of the capital and holds a 30% stake in IronWave's management company, alongside Bpifrance, Abeille, and Caisse d'Epargne Hauts de France.
IronWave was formed as an independent spin-out of Wendel's in-house Growth unit.
Leadership
Investment Strategy
IronWave targets mature startups generating $3M to $11M in annual revenue, aiming to bridge the gap before traditional growth equity rounds.
The team draws on its track record backing companies through Wendel Growth, including Safran.AI (formerly Preligens) and YesWeHack, to support scaling founders.
Notable Investments
Victoire Laurenty, President
victoire@ironwave.ai
Antoine Izsak, Chief Executive Officer
antoine@ironwave.ai
Antoine Pruvot, CFO
antoine-cfo@ironwave.ai
France
