Partech Impact

About

Partech Impact is the inaugural impact fund from Partech, a global investment platform for tech companies with offices across Europe and the US. The fund reached its final close in March 2026 at EUR300 million and is led by General Partners Remi Said and Arnaud Minvielle. Partech Impact was created to address a structural gap in the European market: the absence of a dedicated growth-stage investor for commercially mature, impact-native companies.

Investment Focus

Partech Impact backs B2B technology companies that are transforming global value chains across six themes: clean production, sustainable agriculture, clean construction, new mobility, economic empowerment, and digital health. The fund targets companies that have reached commercial maturity, typically exceeding EUR 10 million in annual revenues, and need institutional-grade capital and operational expertise to scale internationally.

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Fund

The Partech Impact Fund closed at EUR 300 million in March 2026, representing Partech's debut in the impact investing space. The fund was raised against what the team described as one of the most challenging fundraising environments of the past decade.

Its LP base includes Allianz, Bpifrance, the MC4 Fund operated by Bpifrance on behalf of France 2030, British Business Bank, EIF, COFIDES, Neuberger Berman, KBC, Legrand, QIC, SETT, and Visa Foundation, spanning investors across Europe, the US, Asia, and Australia. Approximately 40% of the fund had already been deployed at the time of close. The fund's pan-European geographic mandate covers France, Benelux, Germany, Italy, Spain, and the UK.

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Other Information

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Leadership

Remi Said is Co-Founder, Co-Head, and General Partner of Partech Impact. He previously worked at Bain Capital before joining Partech to build the impact platform. Arnaud Minvielle is Co-Founder, Co-Head, and General Partner, bringing a background as Senior Partner at McKinsey and a graduate degree from ESCP Business School. The team combines private equity discipline with hands-on operational scaling expertise drawn from experience at Bain Capital, McKinsey, Bridgepoint, and Goldman Sachs.

Investment Strategy

Partech Impact targets commercially mature B2B companies with at least EUR 10 million in annual revenues that are ready to institutionalize operations and expand across international markets. The fund integrates private equity discipline with hands-on operational support, helping portfolio companies build the infrastructure needed to scale as global category leaders. The firm invests across its six impact themes, seeking companies that are demonstrably transforming the value chains they operate in.

Notable Investments

The fund's early portfolio includes companies across clean mobility, sustainable agriculture, product development, and infrastructure:

  • xFarm Technologies (sustainable agriculture)
  • Makersite (product lifecycle intelligence)
  • Gireve (EV charging interoperability)
  • FYLD (infrastructure and construction)

Other

Partech Impact represents a new vehicle within the broader Partech ecosystem, which includes earlier-stage funds across Europe and Africa. Founders of impact-native B2B companies at the growth stage can reach the team through partechpartners.com. The fund's close in a difficult fundraising environment reflects a deliberate bet on impact tech at a moment when many generalist growth funds have pulled back.

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