Paris, November 17, 2025
● XAnge has completed the first closing of its new early-stage fund, XAnge 5, at €200 million. This successor fund will be pan-European and surpass XAnge 4 in both size and geographic ambition.
● Its investment thesis, "Venture into the Future," is built on three strategic pillars: AI Transformation, Deep Tech, and Sustainable Future.
● XAnge has a strong track record of backing iconic startups such as Believe, Odoo, Lydia, Ledger, 360Learning, Skello, Aerospacelab, Greenly, Gleamer, among others.
Strengthening Europe in the Global Tech Race
In just a few months, XAnge secured €200 million for the first closing of XAnge 5, supported by long-standing investors including EIF (doubling its commitment compared to XAnge 4), Siparex Associés (the sponsor of Siparex Group funds), Bpifrance, CNP, and several major institutional investors and family offices.
This successful fundraising underscores the performance and stability of a team that has spent 20 years partnering with visionary founders capable of creating or transforming markets through technology for the benefit of society at large.
Portfolio highlights include Lydia, Ledger, Believe, Odoo, and more recent successes such as Skello, 360Learning, Aerospacelab, Greenly, and Gleamer, confirming XAnge as one of Europe’s most dynamic venture capital firms.
XAnge 5 will expand its European footprint beyond its historical presence in France, DACH, and Belgium, focusing on 3 verticals: AI Transformation, Deep Tech, and Sustainable Future. The fund will lead early-stage rounds with initial tickets ranging from €1 million to €15 million.

“Europe has the resources and talent to build a powerful tech ecosystem. With XAnge 5, our ambition is to co-create, alongside other European funds, technology assets that can compete with global leaders. We aim to enter the future with optimism and realism – ‘Venture into the Future'.”
- XAnge is an early-stage investment fund based in Paris, Berlin, and Brussels. Its investment team supports entrepreneurs who aspire to build global leaders, investing amounts ranging from €1 million to €15 million from seed to Series C. XAnge stands out for its in-depth approach to technology and its entrepreneur/operations support platform. XAnge invests in the Deeptech (Aerospacelab, Ledger), SaaS (Odoo, 360 Learning, Skello), AI (Gleamer, Tomorro), energy transition (Greenly, Greenfusion), digital finance (Lydia) and healthcare sectors. XAnge is the innovation brand of the Siparex Group.
Press Contacts:
Alter’Com - Groupe Mascaret
Estelle Monraisse - 06 60 41 81 52 - estelle@altercom-conseil.fr
Clara Baude - 06 69 37 37 13 - clara.baude@mascaret.eu
