About This Fund
Move Capital Fund I is a pan-European growth equity fund managed by KC Invest (Kepler Cheuvreux Invest), the asset management arm of Kepler Cheuvreux Group, one of Europe's leading independent investment banking and equity research firms. Launched in January 2022 with its first closing, the fund was approved by the French financial regulator (AMF) and received the 'TIBI' label issued by the French government to designate high-quality technology funds eligible for institutional capital. Move Capital Fund I targeted €300 million in commitments from French and international institutional investors.
The fund invests at the growth stage in B2B European technology companies operating along the data value chain, with a particular focus on sectors including cybersecurity, artificial intelligence, Internet of Things (IoT), data analytics, machine learning, and the digital transformation of large enterprises. The investment thesis centers on nurturing European technology champions by providing expansion capital to companies that have demonstrated strong product-market fit and are positioned to scale across European markets. The managing team brings over 50 years of combined technology sector experience and leverages Kepler Cheuvreux's pan-European research platform and sector intelligence capabilities to identify and support portfolio companies.
Move Capital Fund I attracted a high-quality institutional LP base that includes the European Investment Fund (EIF), French public investment bank Bpifrance, and strategic corporate investors Nokia and SKT (the Korean telecommunications group), alongside European family offices. The fund has completed six investments since inception and is now closed. KC Invest's responsible investment approach incorporates reinforced ESG policies across the portfolio, consistent with the TIBI certification framework and the fund's positioning as a flagship European growth technology vehicle.