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Since 2015, Alven has backed 1 African startup across 3 disclosed funding rounds totaling $58M, most heavily in Travel & Mobility.
Alven is an independent early stage venture capital firm headquartered in Paris, France. According to its official materials, the firm has been active for more than twenty years and manages multiple funds that back technology driven startups. Alven focuses on partnering with ambitious founders and positions itself as a European venture capital firm. Within Africa, Alven is an investor in Heetch, a mobility platform that offers professional ride booking with fair driver commissions. Based on available investment records, Alven has supported Heetch across seed and Series B rounds between 2015 and 2019, committing a total of 58.0 million dollars. These investments highlight Alven’s activity at the seed and growth stages and its focus on the travel and mobility sector in Algeria. Alven’s participation alongside co investors such as Via ID, Eurazeo, Felix Capital, InnovAllianz, Cathay Innovation, TotalEnergies Carbon Neutrality Ventures, and Kima Ventures in Heetch’s funding rounds reflects its collaborative approach to building companies in mobility and transportation. The firm’s role in multiple rounds for the same company suggests a strategy of long term partnership and continued support as portfolio companies scale.
Data updated · Sep 6, 2026
Alven has backed 1 African startup across 3 disclosed funding rounds tracked on Liners, totaling $58M since 2015.
Mostly Series B: 2 of its 3 tracked rounds are at that stage, followed by Seed (1).
Companies Alven has backed operate in Algeria (3), Angola (3), Côte d'Ivoire (3), and 2 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Travel & Mobility (3).
Alven most often shares rounds with Via ID (3 shared deals), Eurazeo (2 shared deals), Felix Capital (2 shared deals).
Alven is an independent early stage venture capital firm based in Paris, France. Its official website presents the firm as a European venture capital investor that backs technology driven startups.
Alven is a confirmed investor in Heetch, a company that offers professional ride booking services with fair driver commissions in Algeria. The firm has supported Heetch through multiple rounds, reflecting a focus on travel and mobility in its African portfolio.
In Heetch’s funding rounds, Alven has co invested with firms such as Via ID, Eurazeo, Felix Capital, InnovAllianz, Cathay Innovation, TotalEnergies Carbon Neutrality Ventures, and Kima Ventures. This demonstrates Alven’s willingness to collaborate with other institutional investors when supporting mobility companies.