123 Investment Managers

123 Investment Managers is a venture capital and private equity firm based in Paris, France, with an additional office in Lyon. Established in 2001, the firm specializes in both direct investments in small and medium enterprises (SMEs) across various stages, including seed, startup, and growth capital, as well as fund of funds investments in venture capital and leveraged buyout funds. It targets sectors such as technology, renewable energy, consumer goods, tourism, hospitality, and healthcare, focusing on companies with enterprise values ranging from €5 million to €400 million. The typical investment size ranges from €0.8 million to €8 million. With a geographical focus on Europe, particularly France, Switzerland, the United States, and Canada, the firm may also engage in co-investments alongside other funds.