"We are very proud to count Accenture as one of our strategic relationships at a global level," said Philippe Collombel, co-managing partner of Partech Ventures. "This collaboration embodies Partech Ventures' transatlantic DNA and will enable our B2B portfolio companies around the world to access more prospects. Our relationship will be extremely powerful for each party when win-win opportunities between Accenture, a startup and an enterprise client to innovate together arise."Accenture Ventures will make a minority equity investment in Partech Entrepreneur II Fund, which specializes in seed funding, and in Partech International Ventures VII, which invests in early stage startups. About Accenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions - underpinned by the world's largest delivery network - Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 384,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com. Accenture Ventures partners with and invests in growth-stage companies that create innovative enterprise technologies. Using an open innovation approach, Accenture Ventures identifies the most promising sources of innovation in the market, working with startups, accelerators, entrepreneurs, investors, academic institutions and corporate R&D groups around the world. About Partech Ventures Founded in 1982 in Silicon Valley, Partech Ventures is a global investment firm with a team spread across offices in San Francisco, Paris and Berlin. Most Partners have been entrepreneurs themselves or have held management positions within tech companies. The partnership acts and invests as a single team, helping entrepreneurs build fast-growing tech and digital companies addressing large markets across multiple continents. Partech Ventures partners with entrepreneurs at the seed (Partech Entrepreneur), venture (Partech International) and/or growth (Partech Growth) stages. Companies backed by Partech Ventures have completed 21 initial public offerings and more than 50 major M&A transactions with leading international companies. Since 2012, the team has built a pioneering business development platform fostering synergies and business relationships between entrepreneurs and strategic partners.
Preqin, an independent global research firm, has ranked Partech Ventures as one of the ten most consistent venture capital firms in the world, and the only European VC in the top 25.