Paris-Based Omnes Capital Fuels Ambitions With €112m Investment Towards €200m DeepTech Fund

Omnes Capital, the Paris-based venture capital heavyweight, is making a strategic move that’s shaking up the deep tech investment landscape. The firm, with significant stakes in Europe’s defence and space startups, has gathered €112 million in the first close of its second deep tech fund. Aiming for a total of €200 million by next year, Omnes is not only redefining its role in the investment sector, but also presenting a maneuver that is set to transform the face of early-stage growth startups.

Omnes Capital’s Managing Partner, Michel de Lempdes, expressed enthusiasm about ‘deep tech’ being the ’new asset class’. The firm is eyeing startups in sectors such as cybersecurity, new space, and quantum technology. A rather interesting aspect of Omnes’s investment strategy focuses on startups with a direct relationship with government customers, clearly avoiding corporations that might eat up significant profit share.

Omnes Capital, however, is proceeding with caution; despite seeing a surge in defence deals, de Lempdes observes cautionary trends. On the other hand, the firm is showing interest in areas like nuclear fusion, decarbonisation, and AI for industrial use cases. While raising funds hasn’t been a walk in the park, with de Lempdes citing ’tough market conditions’, Omnes Capital’s strong standing in the investment arena is unquestionable. As a backer in both Venture Capital and Private Equity, with €6.7 billion in assets under management, the firm has set an impressive pace towards becoming a deep tech investment trendsetter.