Quadrille Technologies IV Funds SLP, which seeks €300 million, attracted commitments from existing investors, including European institutions and family offices.
The fund will allocate €8 million to €12 million across direct investments, picked from portfolios of venture capital and private equity technology funds, the report noted.
The private equity and venture capital firm, headquartered in Paris and San Francisco, recently added three new hires, including Edward Colby as a partner based in its San Francisco office, and is hiring to expand to 15 people, according to the news outlet.