AXA Venture Partners rebrands; EIF joins as anchor investor in 1.5B growth fund
Briefly

AXA Venture Partners has transitioned into an independent entity, rebranding as Atlantic Vantage Point (AVP) following a successful management buyout from AXA. Founded in 2016, AVP plans to retain its collaboration with AXA as it aims to support startups across Europe and North America. Notably, the European Investment Fund has come onboard as an anchor investor for AVP Growth Fund I, specifically designed to back later-stage technology companies under the European Tech Champions Initiative. AVP seeks to enhance its investment presence and entrepreneur support across different stages of business growth.
"Today marks an impressive milestone for AVP and our team, and ushers in an exciting new chapter for our firm. We are deeply thankful to AXA for the incredible continuous support in many dimensions in the last ten years."
"AXA will continue to be a key partner and we are very honoured that George Stansfield, Deputy-CEO of AXA, has accepted to remain Chairman of our Board. We look forward to ensuring continuity for our investors and the entrepreneurs we back, fostering an entrepreneurial spirit among our team, and putting performance and excellence at the heart of our operations."
"We are also very pleased and honoured to have EIF, as an anchor investor as part of the European Tech Champions Initiative in our Growth fund to support an underserved part of the growing tech market in Europe. Through our multi-stage platform, we now have the capacity to support outstanding entrepreneurs along their journey, from early stages to IPO, in Europe and in North America."
Read at Silicon Canals
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