What is "newfund"

Newfund is a venture capital firm in Paris, France. Founded in 2008, it has raised more than 100 million euro for investments in startup companies. As of end-October 2015, its portfolio included investments in 42 companies in France and the U.S.

In January 2016, Newfund was listed third in an independent ranking of the Top 10 French venture capital firms in the FinTech sector.