InfraVia Capital Partners has launched a growth fund to invest in technology and digital infrastructure, the independent investment firm announced on Oct. 1.
The fund is targeting €300 million ($327 million) in capital commitments, which are expected to come mostly from existing institutional investors.
“While digital transformation is impacting the whole economy, including infrastructure, and brings infrastructure closer to the services economy, InfraVia intends to support tech companies at scale-up stage,” the firm said in a statement.
The fund will focus on companies that have high growth potential and that are either profitable or nearing profitability.
InfraVia said it is also working to build a team of seasoned professionals with solid backgrounds in technology, investment and the industrial sector. The team will be led by the firm’s three partners: Alban Wyniecki, Guillaume Santamaria and François Auque.
InfraVia currently manages four infrastructure funds with an aggregate of €4 billion ($4.3 billion) in assets under management. The firm was among the first to invest in digital infrastructure such as data centers, fiber networks and telecom towers. It has invested in more than 30 companies across Europe since it was founded in 2008.
“Combining physical assets that are key for the economy and new technologies will lead to unprecedented opportunities in terms of growth and performance,” said Vincent Levita, founder and CEO of InfraVia.
