VC company e.ventures is expanding its footprint in Europe with a brand-new workplace in Paris, along with a brand-new Paris-based partner. Jonathan Userovici, who previously worked for Idinvest Partners, is signing up with e.ventures as partner and head of the Paris workplace.
Originally established in the U.S. 20 years back, e.ventures has been broadening to brand-new locations over the past couple of years. It has workplaces in San Francisco, Berlin, Beijing, Tokyo, São Paulo and now Paris.
Last year, the firm raised 2 new funds– the first was a $225 million U.S.-focused fund and the second was a $175 million fund based in Berlin and focused on Europe. The Paris team will deploy some capital in French start-ups with a sweet spot in between EUR1 million and EUR10 million.
Over the past twenty years, e.ventures has actually managed around 200 financial investments. Some of the most successful investments include moneying rounds in Farfetch, Groupon, Sonos and Section.
When it comes to Jonathan Userovici, after five years at Idinvest Partners, he has been involved with some appealing French startups. He is a board member at Swile and Ornikar.
Thanks to e.ventures’ distributed team, the VC firm hopes it can spot good financial investment opportunities in Europe and help them scale internationally. The firm already has connections in the U.S., which need to assist French business owners when it comes to signing brand-new deals and worldwide expansion.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.