Kepler Cheuvreux Invest
Private equity management subsidiary of Kepler Cheuvreux
Also known as KC Invest, KCI, Move Capital
Paris private equity subsidiary of Kepler Cheuvreux (AMF GP-15000018) running the Move Capital growth equity strategy for European B2B tech companies; LPs include EIF and Bpifrance.
- HEADQUARTERS
- Paris, France
- FOUNDED
- 1998
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 1 people
Focus
- STAGES
- Series BGrowth
- ASSET MIX
- Private equityDirect investments
- GEOGRAPHY
- FranceEurope
Overview
Kepler Cheuvreux Invest (KC Invest), founded in 1998, is the AMF-authorised portfolio management subsidiary of the broker Kepler Cheuvreux. Its Move Capital strategy, co-founded by Sophie Sursock and Hervé Malausséna (2022 release), invests €10M and more in profitable or near-profitable European B2B technology companies across cloud, cybersecurity, data and AI, industry 4.0, digital transformation and IoT. Move Capital Fund I held a first closing of about €100M in early 2022 (target €300M) with LPs including the EIF, Bpifrance, Orange, Nokia, SK Telecom and family offices. Investments include Gatewatcher, Shark Robotics, Caracol and LegalPlace.
Investment thesis
Growth equity in European B2B technology companies providing solutions and services to large companies facing digitalisation — six sub-sectors along the data value chain (cloud computing, cybersecurity, data analytics and AI, industry 4.0, digital transformation, IoT) — taking majority or influential minority positions in profitable or near-profitable companies; 8–10 investments of €10M+ each.
PORTFOLIO (4)
- GatewatcherNOTABLESoftware & SaaS · since 2022
- LegalPlaceSoftware & SaaS · since 2026
- CaracolDeep Tech · since 2025
- Shark RoboticsDeep Tech · since 2023
People
- Sophie SursockPartner, Move Capital Fund I (co-founder of Move Capital) · source
Links
Frequently asked questions
Kepler Cheuvreux Invest is a private equity fund based in Paris, France, founded in 1998.
Kepler Cheuvreux Invest invests directly in companies. Capital origin: third-party capital (fund LPs). Stated strategies include private equity and direct investments.
Kepler Cheuvreux Invest invests at Series B and Growth stages in Software & SaaS, Artificial Intelligence, Deep Tech and Industrial & Manufacturing.
Kepler Cheuvreux Invest's stated ticket size is From €10M.
Key people at Kepler Cheuvreux Invest include Sophie Sursock (Partner, Move Capital Fund I (co-founder of Move Capital)).
Kepler Cheuvreux Invest's disclosed portfolio companies include Gatewatcher, LegalPlace, Caracol and Shark Robotics.
The most recent publicly reported investment by Kepler Cheuvreux Invest is LegalPlace (€70M round (with XAnge and Eurazeo)), announced in May 2026.