AVP & Earlybird

Profile

AVP & Earlybird is a venture capital investor specializing in dual-use and defence technology sectors. Based out of Paris and Berlin, respectively, they bring extensive experience across Europe and transatlantic markets. Founded by Benoit Fosseprez and Roland Manger, their team comprises experts in deep-tech and growth investing, focusing on fostering European technology leadership in defence. AVP & Earlybird are distinguished by their strategic partnerships with NATO and prime contractors, providing unparalleled access to potential customers in the sector. Their combination of local expertise and global reach offers a compelling growth proposition to prospective investees. The firm invests in defence-native and dual-use technology across sectors including space, air, land, maritime, and subsurface domains. They typically target growth-stage investments with a focus on Series B and beyond, with an average check size of €25 million, demonstrating their commitment to significant growth opportunities. Their regional focus spans Europe, particularly engaging with Franco-German markets. They manage a combined fund portfolio of over €5 billion, positioning them as key players in the venture and growth investment landscape. Notable investments include UiPath - automation software, Deepgram - Voice AI technology, and other European defense and frontier-tech companies which showcase their investment strategy's effectiveness. Their strategic investment in AI, semiconductors, and New Space further highlights their role in pushing technological boundaries. Their diverse portfolio reflects their commitment to fostering transformative tech innovation across sectors.