France’s top impact seed fund looks to Western Europe: 'A lot to gain in this situation'

Charles Fourault and Audrey Soussan
14 apr. 2025
09:37
French VC firm AFI Ventures has quickly become one of the largest early-stage impact funds in France, with more than 40 impact companies in its portfolio.

Now the firm is looking to expand into Western Europe, and is making moves in water-tech, health tech and ed-tech, alongside their regular climate and energy focusses.

AFI leadership sits down with Impact Loop to discuss their strategy for 2025, and the latest funding news for one of their portfolio stand-outs.

"Europe has a lot to gain in this situation," says general partner Audrey Soussan.

One of France's leading impact firms is looking to start building out across Western Europe, leveraging the benefits of its management structure.

Sitting in their Paris office, Audrey Soussan and Charles Fourault tell Impact Loop the story of the first five years of AFI Ventures – a seed and pre-seed impact fund – and the ups and downs they saw in the impact landscape in that time.

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