Iris Capital

About Iris Capital

Iris Capital is a European venture capital firm with €1.1 billion of assets under management as of December 2024, originally founded in 1986 within Caisse des Dépôts before spinning off as an independent platform in 2003. The firm formalised a 2012 joint venture with Orange and Publicis (each 24.5% minority shareholders), creating a distinctive corporate-VC partnership structure aligned with technology and digital media themes across European and selectively US markets.

Investment thesis

Iris Capital targets European and selectively US technology and digital media companies across early-stage venture and growth equity, deploying through five active funds focused on tech innovation themes. Sector focus spans TMT (digital media, telecom technology, enterprise software) and Industrials (industrial technology, IoT, automation). The corporate-VC partnership with Orange and Publicis provides strategic relationships with two major European telecom and advertising groups supporting portfolio company development.

Recent activity

Recent realised exits include LumApps (TMT, 2024) and LeanIX (TMT, 2023), reflecting selective distribution activity across the technology venture portfolio. The platform tracks 5 funds, 10 active portfolio companies and 3 realised exits across the multi-decade European tech VC track record. Detailed buyer names and multiple data available on Pro at €29/month.