Who we are
Founded in 2000 by Guillaume Aubin and Charles Letourneur, Alven Capital Partners is an independent early-stage venture capital firm with a long-term commitment to entrepreneurs. Over the past 25 years, we have raised seven funds and backed more than 250 startups, growing from an initial €8m fund to a €350m fund in 2022. We are a trusted partner for early-stage founders across Europe.
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OUR PLEDGE
We back
founders through
thick and thin.
HISTORY
Our History
Proudly recognized as a leading European VC firm since more than 25 years with over €2b in funds under management.
HISTORY
Our History
Proudly recognized as a leading European VC firm since more than 25 years with over €2b in funds under management.
2022
Alven VI
Alven announces its sixth generation fund, raising at its hard cap of €350M, exceeding the initial target of €300M, This is the largest early-stage fund raised in France
2022
Alven VI
Alven announces its sixth generation fund, raising at its hard cap of €350M, exceeding the initial target of €300M, This is the largest early-stage fund raised in France
2016
Alven V
Alven raises €250m. A testimony of Alven’s continued dynamism, Alven’s fifth fund is launched only 3 years after its predecessor, consolidating Alven’s position as a leading European VC firm
2016
Alven V
Alven raises €250m. A testimony of Alven’s continued dynamism, Alven’s fifth fund is launched only 3 years after its predecessor, consolidating Alven’s position as a leading European VC firm
2013
Alven IV
Alven continues to establish itself as a perennial player in the European VC ecosystem, by launching its fourth fund in 2013, followed in 2019 by the Alven IV opportunity fund – both totalling €190m
2013
Alven IV
Alven continues to establish itself as a perennial player in the European VC ecosystem, by launching its fourth fund in 2013, followed in 2019 by the Alven IV opportunity fund – both totalling €190m
2008
Alven III
Following on its strong track record, Alven keeps growing in ambition & scope with its third, €100m fund, becoming one of the rare European funds over six-figure mark
2008
Alven III
Following on its strong track record, Alven keeps growing in ambition & scope with its third, €100m fund, becoming one of the rare European funds over six-figure mark
2003
Alven II
Despite an unfavorable global economy, Alven is able to leverage the stellar performance of its first fund to gradually increase its operations in a second institutional fund of 36m€
2003
Alven II
Despite an unfavorable global economy, Alven is able to leverage the stellar performance of its first fund to gradually increase its operations in a second institutional fund of 36m€
2000
Alven I
Two college friends, Guillaume Aubin and Charles Letourneur, decide to leave their investment & corporate banking careers, to create Alven with a first institutional fund of 10m€
2000
Alven I
Two college friends, Guillaume Aubin and Charles Letourneur, decide to leave their investment & corporate banking careers, to create Alven with a first institutional fund of 10m€
ESG
Our ESG Philosophy
Alven is pledging to continue improving its ESG policies and further enhance its initiatives, with a particular focus on two of the 17 UN-PRI sustainable development goals: Gender Equality and Climate Action. Alven is now further engaging to address climate change through improved selection processes and more proactive monitoring of key initiatives.
001.
Responsible Investor
ESG considerations are integrated throughout Alven Capital Partners’ investment lifecycle, from due diligence to portfolio monitoring. The firm ensures that its investments comply with applicable standards and avoids sectors considered inconsistent with its ESG policy, including weapons, pornography, tobacco or activities associated with human rights violations or child labour. As a long-term investor, typically supporting companies for five years or more, Alven works closely with portfolio company management teams to promote responsible growth. The firm encourages improvements in social practices, employee incentive schemes and progress on key ESG topics such as diversity and decarbonisation.
001.
Responsible Investor
ESG considerations are integrated throughout Alven Capital Partners’ investment lifecycle, from due diligence to portfolio monitoring. The firm ensures that its investments comply with applicable standards and avoids sectors considered inconsistent with its ESG policy, including weapons, pornography, tobacco or activities associated with human rights violations or child labour. As a long-term investor, typically supporting companies for five years or more, Alven works closely with portfolio company management teams to promote responsible growth. The firm encourages improvements in social practices, employee incentive schemes and progress on key ESG topics such as diversity and decarbonisation.
002.
Sustainability Risks
Alven Capital Partners integrates sustainability risks into its investment decision-making process. Sustainability risks refer to environmental, social or governance events or conditions that, if they occur, could have a material negative impact on the value of an investment. These risks are assessed as part of the investment analysis and monitoring of portfolio companies. Environmental, social and governance considerations are taken into account alongside financial criteria to provide a broader assessment of investment opportunities and risks.
002.
Sustainability Risks
Alven Capital Partners integrates sustainability risks into its investment decision-making process. Sustainability risks refer to environmental, social or governance events or conditions that, if they occur, could have a material negative impact on the value of an investment. These risks are assessed as part of the investment analysis and monitoring of portfolio companies. Environmental, social and governance considerations are taken into account alongside financial criteria to provide a broader assessment of investment opportunities and risks.
003.
Remuneration policy
Alven integrates ESG objectives into its remuneration framework, aligning individual performance assessment and incentives with the effective management of sustainability risks.
003.
Remuneration policy
Alven integrates ESG objectives into its remuneration framework, aligning individual performance assessment and incentives with the effective management of sustainability risks.
004.
Voting policy
Alven Capital Partners exercises shareholder rights in the exclusive interest of the funds it manages and their investors. The firm monitors the strategy, financial and non-financial performance, risks and governance of portfolio companies and maintains a regular dialogue with management teams. Voting rights and other shareholder rights attached to portfolio investments are exercised on a case-by-case basis, taking into account the long-term interests of investors. In exercising these rights, Alven Capital Partners seeks to prevent and manage potential conflicts of interest in accordance with its internal policies. A report for each of the funds reports on the exercise of voting rights during the year. Additional information regarding Alven Capital Partners’ responsible investment approach and internal policies may be made available to investors upon request.
004.
Voting policy
Alven Capital Partners exercises shareholder rights in the exclusive interest of the funds it manages and their investors. The firm monitors the strategy, financial and non-financial performance, risks and governance of portfolio companies and maintains a regular dialogue with management teams. Voting rights and other shareholder rights attached to portfolio investments are exercised on a case-by-case basis, taking into account the long-term interests of investors. In exercising these rights, Alven Capital Partners seeks to prevent and manage potential conflicts of interest in accordance with its internal policies. A report for each of the funds reports on the exercise of voting rights during the year. Additional information regarding Alven Capital Partners’ responsible investment approach and internal policies may be made available to investors upon request.
005.
Principal adverse Impact
Alven Capital Partners considers sustainability risks in its investment process. However, the firm does not currently take into account principal adverse impacts of investment decisions on sustainability factors within the meaning of Regulation (EU) 2019/2088. This position reflects the nature of the firm’s investment strategy and the availability of reliable data for the asset classes in which it invests. Alven Capital Partners will continue to monitor regulatory developments and may review this position in the future.
005.
Principal adverse Impact
Alven Capital Partners considers sustainability risks in its investment process. However, the firm does not currently take into account principal adverse impacts of investment decisions on sustainability factors within the meaning of Regulation (EU) 2019/2088. This position reflects the nature of the firm’s investment strategy and the availability of reliable data for the asset classes in which it invests. Alven Capital Partners will continue to monitor regulatory developments and may review this position in the future.
006.
Conflicts of interest
Alven maintains a dedicated conflict-of-interest management policy to identify, prevent and manage actual or potential conflicts arising from its management activities.
006.
Conflicts of interest
Alven maintains a dedicated conflict-of-interest management policy to identify, prevent and manage actual or potential conflicts arising from its management activities.