XAnge
XAnge is a leading European venture capital firm founded in 2003, managing approximately €700 million in assets. It invests in early-stage innovative technology companies across Europe, supporting founders from Seed to Series B with capital and expertise.
AUM
€800M
Funds
7
vintages 2003–2025
Portfolio
92
Exits
54
XAnge is a PARIS venture capital firm with €800M AUM, 92 active companies and 54 exits.
Key takeaways
- ·23 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 53 realized deals: 7 years.
- ·Fund cadence: ~4Y between vintages · last raise 2025.
Sector breakdown
146 companiesHealthTech
18 · 12%
SaaS
14 · 10%
Fintech
11 · 8%
ClimateTech
8 · 5%
E-commerce
8 · 5%
HR Tech
8 · 5%
AdTech
8 · 5%
Industrials
7 · 5%
Geography breakdown
7 geographiesFrance
114 · 78%
Germany
18 · 12%
Belgium
5 · 3%
Switzerland
4 · 3%
US
2 · 1%
UK
2 · 1%
Netherlands
1 · 1%
Key facts
Coverage notes
7 funds tracked, 146 portfolio companies (92 active · 54 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund XAnge has raised, with its portfolio companies. Hand-checked from public filings.
7 funds
Fund
Strategy
Vintage
Size
Assets
Exits
XAnge 5VC2025€200M6 assets2 exitsVC2025 · 1yr€200M62
Unrealized
6 heldMutuelles ImpactVC2022€95M2 assetsVC2022 · 4yr€95M2–
Unrealized
2 held| Company | Entry |
|---|---|
| ResidSocial Real Estate · France | 2026 |
| semeia HealthTech · France | 2026 |
La Poste VenturesVC2021€75M2 assetsVC2021 · 5yr€75M2–
XAnge 04VC2021€220M50 assets20 exitsVC2021 · 5yr€220M5020
Unrealized
50 held| Company | Entry |
|---|---|
| 12point5 PropTech · France | 2023 |
| Animaj TMT · France | 2022 |
| Bigblue Logistics · France | 2021 |
| Carbonable ClimateTech · France | 2022 |
| Dattak InsurTech · France | 2021 |
| Dealt SaaS · France | 2023 |
| DivRiots DevTools · France | 2021 |
| Dogami Gaming · France | 2021 |
| Elba Cybersecurity · France | 2023 |
| Epoca HealthTech · France | 2023 |
| ErgoSanté HealthTech · France | 2021 |
| Estuaire ClimateTech · France | 2023 |
| Ethik-IA AI/ML · France | 2024 |
| Flink E-commerce · Germany | 2022 |
| gitti Consumer · Germany | 2021 |
| Goodays SaaS · France | 2022 |
| Green Fusion ClimateTech · Germany | 2024 |
| HelloBetter HealthTech · Germany | 2024 |
| Homaio ClimateTech · France | 2023 |
| JOIN HR Tech · France | 2021 |
| Kiplin HealthTech · France | 2021 |
| Le Fourgon E-commerce · France | 2023 |
| LegalPlace LegalTech · France | 2022 |
| Letsmeet SaaS · US | 2021 |
| Lifeaz HealthTech · France | 2021 |
| Lyv HealthTech · France | 2024 |
| mindDay HealthTech · France | 2021 |
| Neobrain HR Tech · France | 2022 |
| Planetary FoodTech · Switzerland | 2022 |
| Pony Mobility · France | 2024 |
| Popsink Data & Analytics · France | 2021 |
| Promus Consumer · France | 2023 |
| Qubit Pharmaceuticals Biotech · France | 2022 |
| Reflect HR Tech · France | 2022 |
| Request Finance Fintech · France | 2022 |
| Roof PropTech · France | 2021 |
| SamanTree Medical MedTech · Switzerland | 2024 |
| Saporo Cybersecurity · Switzerland | 2022 |
| Silvr Fintech · France | 2022 |
| Sirona MedTech · Belgium | 2023 |
| Smart Tribune SaaS · France | 2022 |
| Stane Groupe HealthTech · France | 2023 |
| Surgar HealthTech · France | 2024 |
| Ubaq HealthTech · France | 2023 |
| Valuecase SaaS · Germany | 2022 |
| Vertical Compute Deep Tech · France | 2024 |
| Vertuoza SaaS · Belgium | 2021 |
| Vianova Mobility · France | 2022 |
| Winncare MedTech · France | 2021 |
| WorkMotion HR Tech · Germany | 2021 |
Realized
20 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| airfocus SaaS · Germany | 2021 | 2025 | Trade Sale | Lucid Software | – |
| Believe TMT · France | 2007 | 2024 | Secondary | Denis Ladegaillerie consortium (EQT + TCV) | – |
| Colette PropTech · France | 2022 | 2024 | Trade Sale | Groupe Renée Costes Viager | – |
| Destia Healthcare · France | 2021 | 2026 | Recapitalization | Bpifrance, Three Hills, Turenne Santé and Groupe VYV | – |
| Eve (Emulation and Verification Engineering) Deep Tech · France | 2011 | 2012 | Trade Sale | Synopsys | – |
| Fidor Bank Fintech · Germany | 2008 | 2016 | Trade Sale | BPCE | – |
| Gladia AI/ML · France | 2024 | 2026 | Trade Sale | OVH Groupe | – |
| Greenly ClimateTech · France | 2022 | 2026 | Trade Sale | – | – |
| Impika Industrials · France | 2004 | 2014 | Trade Sale | Xerox | – |
| Kiss Kiss Bank Bank Fintech · France | 2009 | 2017 | Trade Sale | La Banque Postale | – |
| Make me Reach AdTech · France | 2011 | 2018 | Trade Sale | Perion | – |
| MeinAuto E-commerce · Germany | 2010 | 2018 | Secondary | Hg | – |
| Neolane AdTech · France | 2006 | 2013 | Trade Sale | Adobe | – |
| Nestaq Cybersecurity · France | 2005 | 2007 | Trade Sale | Cassidian CyberSecurity | – |
| One Up SaaS · France | 2009 | 2013 | – | – | – |
| Pina.Earth ClimateTech · Germany | 2022 | 2025 | Trade Sale | – | – |
| Raisin Fintech · Germany | 2021 | 2024 | Secondary | – | – |
| Run My Process Cloud Infrastructure · France | 2010 | 2013 | Trade Sale | Fujitsu | – |
| Sidetrade Fintech · France | 2005 | 2014 | IPO | – | – |
| Webedia TMT · France | 2008 | 2013 | Trade Sale | Fimalac | – |
Digital 3VC2017€103M16 assets7 exitsVC2017 · 9yr€103M167
Unrealized
16 held| Company | Entry |
|---|---|
| 360 Learning EdTech · France | 2018 |
| Aerospacelab Aerospace & Defence · Belgium | 2018 |
| Apiax LegalTech · Switzerland | 2019 |
| Coinhouse Fintech · France | 2018 |
| Core Biogenesis Biotech · France | 2020 |
| Elum Energy ClimateTech · France | 2017 |
| Epigene Labs Biotech · France | 2020 |
| Implicity HealthTech · France | 2019 |
| Mirsense Deep Tech · France | 2018 |
| Omie & Cie Consumer · France | 2020 |
| Sunacare HealthTech · Germany | 2018 |
| Synapse Medicine HealthTech · France | 2018 |
| Teeptrak Industrials · France | 2018 |
| Treefrog Biotech · France | 2019 |
| Wandercraft MedTech · France | 2017 |
| Welcome To The Jungle HR Tech · France | 2018 |
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| AssoConnect SaaS · France | 2020 | 2025 | Trade Sale | team.blue | – |
| Bergamotte E-commerce · France | 2017 | 2021 | Trade Sale | Bloom & Wild | – |
| Gleamer HealthTech · France | 2018 | 2026 | Trade Sale | RadNet | – |
| Shine Fintech · France | 2018 | 2020 | Trade Sale | Société Générale | – |
| Skello HR Tech · France | 2018 | 2026 | Recapitalization | Bridgepoint Development Capital | – |
| Sweagle DevTools · Belgium | 2019 | 2020 | Trade Sale | ServiceNow | – |
| Worklife HR Tech · France | 2017 | 2023 | Trade Sale | Credit Agricole | – |
Capital 2VC2012€87M15 assets22 exitsVC2012 · 14yr€87M1522
Unrealized
15 held| Company | Entry |
|---|---|
| Commanders Act AdTech · France | 2012 |
| Dolead AdTech · France | 2012 |
| Evaneos Hospitality · France | 2013 |
| Homerez PropTech · France | 2014 |
| Jobvalley HR Tech · Germany | 2013 |
| Le Collectionist Hospitality · France | 2015 |
| Ledger Fintech · France | 2015 |
| Lydia Fintech · France | 2014 |
| Mdoloris Medical Systems MedTech · France | 2013 |
| Mister Spex E-commerce · Germany | 2010 |
| OuiHelp HealthTech · France | 2009 |
| Peerby Consumer · Netherlands | 2014 |
| Reelevant AdTech · France | 2014 |
| Sensorberg Industrials · Germany | 2016 |
| Travador Hospitality · Germany | 2014 |
Realized
22 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| AB Tasty AdTech · France | 2014 | 2026 | Trade Sale | Wingify (Everstone Capital-backed) | – |
| Arcure AI/ML · France | 2014 | 2023 | – | – | – |
| Ateme Telecom · France | 2012 | 2014 | IPO | – | – |
| Calixar Biotech · France | 2012 | 2023 | Trade Sale | Eurofins Discovery | – |
| Chauffeur Privé Mobility · France | 2015 | 2018 | Trade Sale | Kapten/Free Now | – |
| Citilog PropTech · France | 2004 | 2013 | Trade Sale | Tyco | – |
| Codenvy DevTools · France | 2012 | 2017 | Trade Sale | Red Hat | – |
| Currency Cloud Fintech · UK | 2012 | 2021 | Trade Sale | Visa | – |
| DynAdmic AdTech · France | 2014 | 2021 | Trade Sale | Zeta Global | – |
| Ekinops Telecom · France | 2013 | 2017 | – | – | – |
| Eptica SaaS · UK | 2005 | 2019 | Trade Sale | Enghouse Systems | – |
| Etsy E-commerce · US | 2014 | 2019 | – | – | – |
| Intent Technologies PropTech · France | 2012 | 2019 | Secondary | Nexity; Banque des Territoires; Amundi Private Equity Funds | – |
| Itris Automation Industrials · France | 2013 | 2019 | Trade Sale | Schneider Electric | – |
| La Ruche Qui Dit Oui E-commerce · France | 2012 | 2025 | Trade Sale | CrowdFarming | – |
| Microdon TMT · France | 2012 | 2020 | Trade Sale | KissKissBankBank | – |
| News Republic TMT · France | 2012 | 2016 | Trade Sale | Cheetah Mobile | – |
| Odoo SaaS · Belgium | 2014 | 2019 | Secondary | Summit Partners | – |
| Prestashop E-commerce · France | 2014 | 2021 | Trade Sale | MBE | – |
| Sculpteo Industrials · France | 2012 | 2020 | Trade Sale | BASF | – |
| Shopmium AdTech · France | 2013 | 2020 | Trade Sale | Quotient Technology | – |
| Zenchef Hospitality · France | 2015 | 2022 | Secondary | PSG Equity | – |
XAnge Capital 1VC2003€50M1 assets3 exitsVC2003 · 23yr€50M13
About XAnge
XAnge is a leading French early-stage venture capital firm with approximately €700 million of assets under management across 4 active funds as of December 2024 (XAnge 5 first close €200 million in 2025), headquartered in Paris with a Berlin office. The firm was founded in 2004 and operates as the innovation and venture capital arm of Siparex Group, the French private equity platform founded in 1977. XAnge led €55 million of investments across 2024 and has logged 4 unicorns, 6 IPOs and 29 acquisitions across its history.
Investment thesis
XAnge deploys capital through 5 active funds (XAnge 1 through XAnge 5), targeting early-stage venture investments from Seed to Series B with average ticket sizes of €1-15 million. Sector focus spans deep tech, health, fintech, SaaS, consumer and e-commerce and climate, with geographic deployment across France core plus DACH (Berlin office) and broader Europe. The cross-border DACH-France bridge differentiates the platform among French early-stage VCs.
Recent activity
Recent realised exits include music tech (2024) and medtech AI imaging (March 2026). Recent investments include Knowunity (EdTech, 2025), Saporo (cybersecurity follow-on, 2025) and Planetary (climate tech Series A, April 2026). The platform continues active deployment of XAnge 5 across the early-stage French and DACH ecosystem.
Portfolio platforms backed by XAnge made 3 researched add-on acquisitions during its ownership.
Frequently asked questions
- What investment strategy does XAnge focus on?
- XAnge focuses on VC strategies in the private equity space.
- How many portfolio companies does XAnge have?
- XAnge has 92 active portfolio companies and 54 completed exits and 7 funds tracked on GP Intel.
- Where is XAnge headquartered?
- XAnge is headquartered in PARIS, France.
- What is XAnge's assets under management?
- XAnge manages approximately €800M in assets under management.
- When was XAnge founded?
- XAnge was founded in 2004.
- What sectors does XAnge invest in?
- XAnge invests across TMT, Software, Healthcare, Financials, Business Services, Energy.
- What are XAnge's recent exits?
- Recent realized exits by XAnge include: Destia (2026) to Bpifrance, Three Hills, Turenne Santé and Groupe VYV; Gladia (2026) to OVH Groupe; Gleamer (2026) to RadNet; Skello (2026) to Bridgepoint Development Capital; AB Tasty (2026) to Wingify (Everstone Capital-backed); Eldim (2026) to CEMA Technologies Group; airfocus (2025) to Lucid Software; AssoConnect (2025) to team.blue.
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Last updated October 2026 · Sourced from public filings · Report an issue