Venture Capital
We advise founders, corporate innovators and investors across the venture-capital lifecycle, structuring rounds that support long-term value creation.
Our approach.
We advise founders, corporate innovators and investors along the venture-capital journey — from early formation to growth and pre-IPO rounds — with a focus on disciplined structuring, capital strategy and long-term alignment between entrepreneurs and their financial partners.
Venture capital rewards companies that combine a defensible technological or commercial edge with a clear path to scale. It also rewards founders who negotiate their rounds with the same rigour they apply to product decisions. Our role is to bring that rigour to the capital side: framing the equity story, sizing the round to the plan and aligning the term sheet with the company’s trajectory.
We approach every round as both a funding decision and a governance decision. Choice of investors, board composition, protective provisions, employee equity, secondary flexibility and future-round preparation shape the company’s freedom to act in the years that follow. We work through each of these dimensions before the first meeting takes place.
Our mandates cover the preparation, positioning and execution phases of an equity round. We build the equity story and financial model, prepare the teaser and confidential materials, structure the data room, coordinate the target investor list and support the founders through negotiation of the term sheet and definitive documentation, up to closing.
- Founders and management teams raising equity
- Corporate venture programmes and strategic investors
- Eligible investors seeking selected venture exposures
- Founders preparing a pre-IPO round or a strategic partnership
- First institutional round
Founders moving from angel financing to their first institutional investors and preparing a governance framework built to last.
- Growth round with strategic priorities
Companies scaling internationally, adding strategic investors or arranging a partial secondary alongside primary equity.
- Pre-IPO structuring
Companies preparing for a listing or a large strategic transaction, aligning cap table, governance and financial narrative accordingly.
- Corporate venture initiatives
Groups launching or restructuring a corporate venture arm, or investing selectively in strategic companies.
- Scale
- Mid-market European venture rounds, typically from Series A to growth stages.
- Timing
- Typically several months from mandate to closing, depending on complexity and counterparties.
- Geography
- European corridors with primary activity in France, Italy, Benelux and Switzerland; selective UK and MENA co-investor reach.
- Capital strategy and round architecture
- Equity story, teaser and confidential positioning
- Investor mapping and confidential engagement
- Term-sheet negotiation and closing coordination
- Governance and cap-table structuring
- Preparation of the next round from the current one
- 01Diagnostic
We map the business plan, funding gap, competitive position and target investor profile, and align objectives with the founders and existing shareholders.
- 02Preparation
We refine the equity story, financial model, teaser and confidential information memorandum, and structure the data room to institutional standards.
- 03Placement
We engage a curated list of relevant investors under confidentiality, orchestrate management meetings and manage feedback loops.
- 04Closing
We coordinate term-sheet negotiation, legal, financial and governance workstreams to signing and closing, in coordination with the company’s counsel and auditors.
- Aligned capital
Investors selected on strategic fit as well as valuation, so the cap table supports the company’s ambitions.
- Efficient process
A prepared, disciplined process shortens execution time and lets founders focus on the business.
- Preserved governance
Term sheet, board composition and protective provisions calibrated to the stage and the growth trajectory.
- Long-term readiness
Every round is structured with an eye on the next one, so future funding options remain open.
- Financial
We coordinate with the company’s CFO and, where relevant, transaction advisers on financial model, KPIs and diligence responses.
- Legal
Term sheet, shareholders’ agreement and definitive documentation are prepared and reviewed by qualified external counsel.
- Tax
Founder, employee and investor tax matters — including equity plans and cross-border structures — are handled with the company’s qualified tax advisers.
- Governance
We help design the future board, information rights, reserved matters and reporting rhythm with the founders and lead investors.
- Founder-side discipline
We work on the founders’ side of the table, framing the round in a way that protects their strategic optionality.
- Curated investor engagement
We prefer a focused, well-briefed process to a wide, undifferentiated distribution.
- Structural readiness
Every equity story is stress-tested against the financial model and the governance implications before it reaches investors.
- Post-revenue companies with a defensible technology or business model.
- Founders open to institutional governance and structured reporting.
- Clear use of proceeds tied to defined operational milestones.
- Pre-seed companies without validated traction.
- Capital-intensive R&D projects without a defined milestone plan.
- Consumer projects without a repeatable acquisition model.
- Every mandate is scoped to the company’s stage, sector and jurisdiction, and to the eligible-investor audience concerned.
- Fundraising outcomes depend on market conditions and investor decisions; we own the preparation and execution of the process while market response remains with the investor community.
- At what stage do you typically get involved?
- We can start from a pre-institutional stage — refining the equity story before the first round — through to growth and pre-IPO transactions. The scope and process are adjusted to the company’s stage.
- Do you invest directly in the companies you advise?
- Our venture-capital mandate is an advisory mandate. Investment decisions are taken by the investors participating in the round, on the basis of the definitive documentation.
- How do you protect confidentiality during the process?
- Investor engagement takes place under signed non-disclosure agreements. The data room, teaser and materials are prepared with tiered access, so sensitive information is only released when needed.
- How long does a venture round usually take?
- Timing varies with sector, geography and market conditions. A well-prepared process typically runs from a few weeks for the preparation phase to several months for placement, negotiation and closing.
- Can you support corporate venture initiatives?
- Yes. We advise corporate groups on the design and execution of their venture initiatives, including thesis definition, governance and specific investment opportunities.