C4 Ventures

🚀 𝟮𝟬𝟮𝟱: 𝗔 𝘆𝗲𝗮𝗿 𝗼𝗳 𝘂𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆, 𝗯𝘂𝘁 𝗮𝗹𝘀𝗼 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 – 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗩𝗲𝗻𝘁𝘂𝗿𝗲 𝗲𝘃𝗲𝗿   Two weeks ago, we hosted our traditional #C4Ventures Day for our partners and investors, where we shared fantastic milestones achieved by our portfolio companies. We also gave our view on the Tech & VC market and our thoughts on what 2025 has to offer.    For the first time, we’re sharing these findings with a wider audience. Enjoy and please share your feedback. And if you want to know more about our next fund - feel free to reach out! 📩 📲 𝗘𝗻𝗷𝗼𝘆 𝘁𝗵𝗲 𝘁𝗲𝗮𝘀𝗲𝗿 𝗯𝗲𝗹𝗼𝘄. 𝗧𝗼 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝟵𝟬-𝘀𝗹𝗶𝗱𝗲 𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻, 𝗰𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲 ➡️ https://lnkd.in/eDidK7H6. 2025 promises to be as unpredictable as ever. While the global landscape is still challenging, we see reasons for cautious optimism.   Here are the five key trends we believe will define 2025.   1️⃣ European tech will bounce back from the current gloom 📌 A 450M consumer market with strong purchasing power 📌 An equivalent AI talent pool as the US, France is even draining AI talent back from the US 📌 Clear leadership in climate tech, and this is not a bug 📌 Europe’s Stargate moment has just happened: over €300B investment in AI announced, days after the US $500B   2️⃣ Exits will finally flourish, through IPOs, M&A and Secondary 📌 IPOs are back to 2019 levels and will surpass them in 2025 📌 M&A activity is gaining momentum 📌 Secondary deals are already meeting more demand and discounts to latest round prices are almost gone   3️⃣ Funding will increase, especially at late stage 📌 Late stage will finally pick up as the outlook for exit is getting better (see above).  📌 Megarounds are already back, +29% versus 2024. 4 mega rounds in C4 Ventures portfolio over the last 6 months and more to come.    4️⃣ AI will keep gaining steam, as the application layer matures with agentic revolution 📌 AI is set to deliver huge productivity gains across industries. 📌 Adoption rates are soaring, with AI embedding itself into core business functions. 📌 On AI hardware, inference will be the next battle in the semiconductor space to challenge NVIDIA.  📌 On AI software, 2025 will be all (or mostly) about AI agents, while LLMs keep improving and commoditizing.    5️⃣ AI will also power the physical world 📌 Robotics & automotive sectors are attracting more AI-driven investments. Our latest investment, NEURA Robotics David Reger, is a prime example of this momentum. 📌 AI energy requirements are going to be addressed with massive investments but also innovation, back to climate tech.  📌 The AI revolution won’t just be digital—it will transform industries in the real world. The visuals were made by C4 Ventures using DALL-E Open Ai and Midjourney. Boris Bakech Pascal Cagni Eric Boustouller Michel Sassano Mathieu Bourdié #TechTrends #VentureCapital #AI #MarketInsights #Startups

🌏🇫🇷 IPEM 2025: France at the heart of global Private Equity & Venture    Another insightful edition of IPEM Cannes, reconnecting with key industry players to discuss private equity and venture's evolving landscape. Year after year, this event remains a cornerstone for the ecosystem, and we're proud to see France’s growing global influence.   France continues to lead the EU private equity market, with €14.7B invested in 1,463 companies and infrastructure projects in H1 2024. Despite a Q3 2024 megadeal slowdown, the market remains resilient, reflecting investors' strategic recalibration. Holding periods have lengthened, exit options remain constrained, but with €2.6T in dry powder across European PE portfolios - representing nearly 800 companies valued over €1B, funds face mounting pressure to deploy capital. The tide is turning: “We are seeing a gradual return of deals above €3B,” notes Céline Méchain, Co-Head of Goldman Sachs in Paris, predicting a 2025 resurgence.   Meanwhile, Paris cements its position as a global financial hub, now ranked the world’s 4th most attractive financial center. With inflation at just 1.3%, France is poised to drive private equity’s next expansion cycle. Goldman Sachs’ recent promotion of five partners in Paris - the largest wave of appointments since 2018 - underscores this momentum. Just a few months ago, we discussed these shifts in New York with John Waldron, President & COO of Goldman Sachs, at a meeting alongside President Emmanuel Macron.   For C4 Ventures, this shift isn't just a market trend - we see it firsthand. After weathering the tech downturn, mega-rounds are returning within our portfolio, both in the US and Europe: 🚀 Impulse Space raised a $150M Series B to accelerate next-gen space tech Thomas Mueller ⚛️ PsiQuantum secured a $620M investment from the Australian and Queensland Governments to build the world’s first utility-scale quantum computer Jeremy O'Brien 🔬Alice & Bob closed a €100M Series B, solidifying Europe’s position in quantum innovation Théau Peronnin Raphaël Lescanne 🦾NEURA Robotics raised a €120M Series B, advancing humanoid robotics David Reger.   With our next fund launch on the horizon, we’re more excited than ever about what’s ahead. IPEM 2025 was the perfect place to connect with our LPs, explore new opportunities, and reinforce our role in shaping the next wave of European and global tech champions.   Special thanks to: 🔸Antoine Colson, Gilles Barissat, Claire Villaudy IPEM for top-tier organization 🔸Groupe Crédit Agricole, McKinsey & Company, White & Case LLP – IPEM official dinner partners 🔸Jonathan Hollis Mountside Ventures for their work on the European Venture ecosystem 🔸Nicolas von Bülow Clipperton for insightful conversation 🔸Our close friends and partners from Pitango Venture Capital: Isaac Hillel, Maya Hawlasewicz   Looking forward to another exciting year! Boris Bakech 🎗️ Mathieu Bourdié Eric Boustouller Michel Sassano   #C4Ventures #VentureCapital

🚀 Congratulations to our portfolio company Alice & Bob on their 100M€ Series B funding round!   Since 2020, Alice & Bob has been pioneering cat qubits, a breakthrough approach that significantly reduces the complexity of building a fault-tolerant quantum computer. Their work is shaping the future of practical, large-scale quantum computing - a field poised to transform industries worldwide.   This new round will allow them to deliver on their ambitious roadmap: https://lnkd.in/dDRRsc6k The company is hiring! Want to be part of their story? Check out their latest open positions : https://lnkd.in/gq6RH7V4 At C4 Ventures, we invest in bold founders and disruptive technologies that challenge the status quo, and we have made several successful investments in quantum computing. We backed Alice & Bob because of:   📌 Their deep scientific expertise and vision, led by Théau Peronnin & Raphaël Lescanne 📌 Their ability to attract world-class talent and build a strong company culture 📌 Their unique cat qubit architecture, making scalable quantum computing a reality Congratulations to the entire Alice & Bob team - this is just the beginning!     #C4Ventures #AliceAndBob #QuantumComputing #DeepTech #VentureCapital Élie Girard Niccolò Coppola Eric Boustouller Michel Sassano

𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗥𝗼𝗯𝗼𝘁𝗶𝗰𝘀 𝗶𝘀 𝗛𝗲𝗿𝗲 !  I'm personally thrilled to announce our investment in NEURA Robotics. At C4 Ventures, we back transformative companies with the potential to redefine industries. That’s exactly what we found in NEURA Robotics, a German pioneer in cognitive robotics, where AI meets physical intelligence. Robotics is at a turning point. As Jensen Huang said at CES, “𝘛𝘩𝘦 𝘊𝘩𝘢𝘵𝘎𝘗𝘛 𝘮𝘰𝘮𝘦𝘯𝘵 𝘧𝘰𝘳 𝘨𝘦𝘯𝘦𝘳𝘢𝘭 𝘳𝘰𝘣𝘰𝘵𝘪𝘤𝘴 𝘪𝘴 𝘫𝘶𝘴𝘵 𝘢𝘳𝘰𝘶𝘯𝘥 𝘵𝘩𝘦 𝘤𝘰𝘳𝘯𝘦𝘳.” NEURA is leading this revolution with a vertically integrated model—from hardware to software to AI—that, as former Apple operators, we deeply admire and understand. Their groundbreaking solutions include: 🤖 𝗠𝗔𝗶𝗥𝗔: The world’s first cognitive robotic arm, mission-oriented and context-aware. 🤖 𝟰𝗡𝗘-𝟭: A humanoid prototype with massive potential in logistics and healthcare. 🤖 𝗡𝗲𝘂𝗿𝗮𝘃𝗲𝗿𝘀𝗲: A proprietary software ecosystem powering all their products, designed for scalability. With €1B in bookings, visionary leadership, and a scalable go-to-market strategy, NEURA Robotics is poised to dominate this fast-growing market. We’re proud to back their €120M Series B and excited to support their journey to shape the future of human-robot collaboration. Congrats David Reger and the whole team at Neura ! Dr. Alexander Blass, Arne Nordmann, Jens Knut Fabrowsky, Milad Malekzadeh, Dr. Sugeeth Gopinathan, Florian Schnös, Jorn Malzahn, Alexander Mayr #C4Ventures #NeuraRobotics #AI #Robotics #TechInnovation

𝗦𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗥𝗼𝗯𝗼𝘁𝗶𝗰𝘀 🤖 : 𝗖𝟰 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀 𝗷𝗼𝗶𝗻𝘀 𝗡𝗘𝗨𝗥𝗔 𝗥𝗼𝗯𝗼𝘁𝗶𝗰𝘀 𝗶𝗻 𝗿𝗮𝗶𝘀𝗶𝗻𝗴 €𝟭𝟮𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗮 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗿𝗼𝘂𝗻𝗱 📌 We’re thrilled to announce our investment in NEURA Robotics, cognitive robotics pioneer and the only humanoid robotics company in Germany. As part of their €120M Series B funding round, we are proud to join an exceptional group of investors to help NEURA Robotics strengthen their position as a key player in theglobal robotics landscape. 📌 From our first meeting at Slush 2024 to site visits and rigorous due diligence, it became clear that NEURA Robotics isn’t just building robots - they’re redefining what’s possible. With visionary leadership, groundbreaking technology, and a scalable business model, they’ve already achieved: ✅ €1B in orders 📈 ✅ 10x revenue growth 🚀 ✅ Partnerships with industry giants 🌍 📌 At C4 Ventures, we focus on supporting transformative tech with global impact. NEURA Robotics’ vision of cognitive robotics, scalable solutions, and the Neuraverse platform has the potential to unlock entirely new industries. This investment reflects our commitment to fostering innovation and supporting the growth of human-robot collaboration. Let’s build the future together! 💡 David Reger #C4Ventures #NeuraRobotics #TechInnovation #AI #Robotics https://lnkd.in/e5XNWtVF

🚀 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗮𝘁 𝗜𝗣𝗘𝗠 𝗖𝗮𝗻𝗻𝗲𝘀 𝟮𝟬𝟮𝟱! As every year, we’re excited to be part of IPEM Cannes on January 28-30, the ultimate gathering for investors, fundraisers, dealmakers, and advisors. 🌟 📍 Find us at 𝗥𝗶𝘃𝗶𝗲𝗿𝗮 𝗟𝗲𝘃𝗲𝗹 𝟬, 𝗕𝗼𝗼𝘁𝗵 𝗘𝟭𝟬𝟰 - strategically located next to the Riviera lounge and Rotonde terrace. With 𝟯,𝟱𝟬𝟬+ 𝗱𝗲𝗹𝗲𝗴𝗮𝘁𝗲𝘀, 𝟭,𝟯𝟬𝟬 𝗳𝗶𝗿𝗺𝘀, 𝗮𝗻𝗱 𝟱𝟬𝟬 𝗟𝗣𝘀, IPEM sets the stage for impactful connections and transformative deals in the heart of the French Riviera. At C4 Ventures, we’re more than investors - we’re business operators backing ambitious tech entrepreneurs with hands-on support and deep expertise. Our mission? Accelerate expansion and success across Europe. 🔑 Our focus areas: • Smart Hardware • Future of Commerce • Future of Work 💡 Led by former Apple and Microsoft executives, our team combines operational and investment excellence to create real value. C4 Ventures is part of C4 entrepreneurial platform whose mission is to accompany entrepreneurs on their journey. 🎤 Meet our team on-site: Pascal Cagni | Boris Bakech | Eric Boustouller | Mathieu Bourdié Let’s connect and shape the future together. See you at IPEM! #IPEMCannes2025 #VentureCapital #PrivateEquity #TechInnovation #C4Ventures

Happy holidays from C4 Ventures 🎄! At C4 Ventures, we've decided to send you more than just a holiday card - check your inbox for Q2 2024 Highlights from our portfolio companies! (Still not subscribed? It's over here ➡️ https://lnkd.in/eCVYYFrA) 📌 In this edition, we celebrate Impulse Space’s $150M Series B raise, propelling the future of in-space transportation, and Jus Mundi’s $22M Series B raise, alongside the launch of its Jus AI legal assistant. PsiQuantum plans to build the first utility-scale quantum computer in U.S., while BRANDED and Heyday have teamed up to create Essor, a next-generation consumer products platform. Meanwhile, Formlabs continues to lead in 3D printing, unveiling the blazing-fast Form 4L. 📌 Don't miss updates on international development & new partnerships and featured awards and recognition for our companies. Dive into new publications and industry insights from Slush and SuperReturn, and meet new members of the C4 Ventures international family. 📌 We're also proud to share news from C4 entrepreneurial platform: C4 Industries' first investment in the French art de vivre Lelièvre Paris and the launch of C4 Collection. 💫 It's been a busy year, and we are grateful to have been part of your journey. 💫 We wish you and your loved ones a joyful holiday season and look forward to connecting in 2025 - let's catch up at IPEM in Cannes 🇫🇷 on January 28-30! #C4Ventures Thomas Mueller Eric Romo Jean-Rémi de Maistre Pierre Poignant Sebastian Rymarz Ben Kaminski VoltR Lime refurbed DriveNets Norbert Health Tulip Interfaces Philippe Bouissou, Ph.D. Duda Cleeng Riskified Centrical Procure Ai Konstantin von Bueren Kessel Brad Tompkins Cliff R. Bockard Shan Vosseller Tijana Kovacevic David Meredith

🚀 𝗖𝟰 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀 𝗶𝘀 𝗛𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗼 𝗦𝗹𝘂𝘀𝗵 𝟮𝟬𝟮𝟰! We’re thrilled to announce that our co-founder and managing partner Boris Bakech will be at Slush 𝟮𝟬𝟮𝟰: 𝗠𝗲𝘁𝗮𝗺𝗼𝗿𝗽𝗵𝗼𝘀𝗶𝘀, the world’s leading startup event, taking place 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬-𝟮𝟭 𝗶𝗻 𝗛𝗲𝗹𝘀𝗶𝗻𝗸𝗶 🇫🇮 . 📌 Slush is more than just an event - it’s a movement. A call for radical transformation, bringing together 3,300 investors, 5,500 startup founders, and over $3 trillion USD in AUM under one roof. It’s the place where innovation meets opportunity, and bold ideas take flight. 📌 For C4 Ventures, this aligns perfectly with our mission: backing ambitious tech entrepreneurs with smart hardware, future commerce, and the future of work at the heart of what we do. 📌 If you’re a founder ready to challenge the status quo or an investor passionate about making a global impact, 𝗹𝗲𝘁’𝘀 𝗺𝗲𝗲𝘁 𝗮𝘁 𝗦𝗹𝘂𝘀𝗵 to build the future together! #Slush2024 #C4Ventures #Metamorphosis #VentureCapital

🚀 We are proud to announce C4 Ventures’ contribution to the 𝗩𝗲𝗻𝘁𝘂𝗿𝗲 & 𝗚𝗿𝗼𝘄𝘁𝗵 𝗕𝗲𝘀𝘁 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀 𝗚𝘂𝗶𝗱𝗲, published by France Invest in collaboration with its Venture & Growth Commission, where our Partner Boris Bakech is an active member! This guide is an important step toward establishing a more rigorous and transparent standard for company valuations in the industry. 🙏🏼 At C4 Ventures, transparency is the cornerstone of everything we do, and we are pleased to see its emphasis in this guide. Here are a few key takeaways for founders and investors to consider: 1️⃣ 𝗠𝗮𝗸𝗲 𝗴𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝘆𝗼𝘂𝗿 𝗳𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻! Establish structured and balanced governance from the start. This means involving independent experts and creating clear roles and responsibilities for every stakeholder. Doing so enables reliable valuations, minimizes bias, and ensures that decisions are consistently backed by facts and a robust process. 2️⃣ 𝗟𝗼𝗼𝗸 𝗯𝗲𝘆𝗼𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗽𝗿𝗶𝗰𝗲𝘀! Valuation should never be a static exercise. We go beyond the headline numbers of the last funding round and continuously adjust for changing market conditions and specific company risks. Being adaptable and forward-looking helps us maintain an accurate and realistic view of our portfolio companies. 3️⃣ 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗶𝘀 𝘆𝗼𝘂𝗿 𝘀𝘁𝗿𝗼𝗻𝗴𝗲𝘀𝘁 𝗹𝗲𝘃𝗲𝗿! At C4 Ventures, we believe that transparency is more than a best practice - it’s a mindset. Regular, open communication with investors and founders is fundamental to building long-term trust. Sharing the reasoning behind decisions and having candid conversations around value creation give everyone the visibility they need to align on the company’s trajectory. For France Invest members, check out the full guide here 👉🏼 📕 [https://lnkd.in/ews45eP9] A huge thanks to France Invest and all our expert partners for bringing clarity and rigor to this important area! #C4Ventures #VentureCapital #Innovation #FranceInvest

🚀 𝗟𝗶𝘃𝗲 𝗳𝗿𝗼𝗺 𝗦𝘂𝗽𝗲𝗿𝗥𝗲𝘁𝘂𝗿𝗻 𝗖𝗙𝗢/𝗖𝗢𝗢 𝗶𝗻 𝗔𝗺𝘀𝘁𝗲𝗿𝗱𝗮𝗺! 📍 We’re at the heart of the 10th anniversary edition of SuperReturn CFO/COO in Amsterdam, where Mathieu Bourdié, our CFO & Head of Investor Relations, just hosted a roundtable discussion! 🌍 📍With over 300 senior professionals attending - including 160+ CFOs, COOs, and top executives from 24+ countries - this is the premier event for private equity finance and operations leaders. 📍Mathieu has led a session on 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗶𝗻𝗴 𝗙𝘂𝗻𝗱 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝘀: 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝘁𝗵𝗮𝘁 𝗔𝗹𝗶𝗴𝗻 𝘄𝗶𝘁𝗵 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗚𝗼𝗮𝗹𝘀, sharing key insights from C4 Ventures’ experience to help shape the future of fund management. It’s exciting to be part of such a dynamic conversation with industry thought leaders! 💡 #C4Ventures #SuperReturn #SFCFO #PrivateEquity #Finance #VC Frédéric TEBOUL Micah Passman Informa Connect