VC FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 11 SOURCES

Newfund

Also known as Newfund Capital, Newfund Management, NEWFUND MANAGEMENT SA

Paris and Palo Alto early-stage venture capital firm founded in 2008; first-check investor writing $250k–$2M at pre-seed and seed, with a BrainTech fund (Heka).

HEADQUARTERS: Paris, France
FOUNDED: 2008
AUM: —
OUTSIDE CAPITAL: Yes
TEAM LISTED: 10 people

Focus

STAGES: Pre-SeedSeed
SECTORS: Software & SaaS Artificial Intelligence HealthTech Fintech Deep Tech Climate & Energy
ASSET MIX: Venture capital
GEOGRAPHY: FranceNorth AmericaEurope

Investment arms & vehicles

Newfund Heka
BrainTech fund (digital therapies, neuroimaging, AI tools for cognitive and psychiatric conditions), partnered with the FondaMental Foundation

Overview

Newfund is an early-stage venture capital firm launched in 2008 by François Véron and Patrick Malka, managed by Newfund Management SA (AMF GP-08000028), with offices in Paris and Palo Alto. It describes itself as a first-check fund, writing $250k–$2M in pre-seed and seed rounds and following on later, and says its general partners are the main investors in its own funds. Its funds are French FPCI and FCPR vehicles; it also runs Heka, a BrainTech fund, and a “Road to the USA” programme for portfolio companies.

Investment thesis

First institutional check for founders with global ambition and skin in the game, at pre-seed and seed, with follow-on in later rounds; backs what is good for both people and the planet.

PORTFOLIO (12)

AircallNOTABLE
Software & SaaS
FairMoneyNOTABLE
Fintech
Tin Can
Consumer & E-commerce · since 2025
AI Stroke
HealthTech · since 2025
Nucleon Security
Software & SaaS · since 2025
Infinite Orbits
Space
ShareID
Software & SaaS
Rwazi
Software & SaaS
Fairmarkit
Software & SaaS
Nfinite
Artificial Intelligence
Raidium
HealthTech
Diagnoly
HealthTech

People

François Véron
Co-founder & General Partner · source
Patrick Malka
Co-founder & General Partner · source
Henri Deshays
General Partner · source
Anne-Sophie Saint-Martin
Partner · source
Salim Hassad
Partner · source
Marjolaine Catil
Principal · source
Eleonore Breton
Chief Operating Partner · source
Garin Pitzini
Chief Financial & Sustainability Officer · source
Vera Dimitrova
Chief Marketing Officer & Investor Relations · source
Antoine Latrille
Chief Technical Officer · source

Frequently asked questions

Newfund is a VC fund based in Paris, France, founded in 2008.

Yes. Newfund invests its own capital in private companies.

Newfund invests at Pre-Seed and Seed stages in Software & SaaS, Artificial Intelligence, HealthTech, Fintech, Deep Tech and Climate & Energy.

Newfund's stated ticket size is $250K–$2M.

Key people at Newfund include François Véron (Co-founder & General Partner), Patrick Malka (Co-founder & General Partner), Henri Deshays (General Partner) and Anne-Sophie Saint-Martin (Partner).

Newfund's investments include Aircall, FairMoney, Tin Can, AI Stroke, Nucleon Security, Infinite Orbits, ShareID and Rwazi, among others.

Yes. Newfund manages capital from outside investors.