Paris-based Revaia, Europe’s largest all-women-led venture capital firm, has announced the final close of its second growth fund, Revaia Growth II, at €250 million.
With this milestone, the firm now manages €600 million in total assets, reinforcing its position as a major backer of sustainable innovation in Europe.
Investing in Europe’s Next Tech Champions
Founded in 2018 by Alice Albizzati and Elina Berrebi, Revaia focuses on supporting mission-driven tech companies from Series B through IPO or acquisition. The new fund will continue investing in fast-growing sectors such as:
- Energy transition
- Artificial intelligence
- Cybersecurity
- Sustainable enterprise software
Revaia Growth II is already 40% deployed, with six investments to date in companies showing average annual growth rates of 70%. The fund has attracted a mix of European and international LPs, including:
- Bpifrance
- European Investment Fund
- BNP Paribas Cardif
- JP Morgan Chase
Roughly 30% of the fund’s commitments come from global investors, reflecting Revaia’s growing international reach.
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Demonstrated Portfolio Performance
The first fund has already seen impressive results:
- Portfolio companies have grown 4x on average
- 80% were under €20M ARR at investment; today, most are generating €40M–€250M+ in revenue
- 17 successful M&A exits so far
To support this growth, the company has built an internal Operating Partner team offering hands-on guidance in areas such as data strategy, AI, ESG, and communications.
“With €600M under management and a strong, diverse portfolio, we remain committed to scaling Europe’s next generation of responsible tech leaders,” said Alice Albizzati, Revaia’s Founding Partner.
Strengthening the Leadership Team
The VC firm also announced internal promotions and strategic changes:
- Adil Benmakhlouf becomes Partner and Head of Investor Relations
- Sandra Cadiou is promoted to Partner and Head of Communications
- Executive committee members have become shareholders in the management company to align long-term interests
With offices in Paris, London, and Berlin, and an active presence in North America, Revaia is proving that diversity, sustainability, and tech innovation can go hand-in-hand when building the future of European venture capital.
