Sky9 Capital, an Asia-rooted venture capital firm with approximately $2 billion in assets under management, has opened a new office at Station F in Paris. The expansion establishes a European presence for the Singapore-headquartered investor, which also operates offices in Shanghai and San Francisco. The move aims to strengthen connections between European and Asian startup ecosystems while supporting international growth opportunities for founders and portfolio companies.
Establishing a Presence at Station F
The new office represents a significant step in Sky9 Capital's international expansion strategy and its commitment to Europe's technology ecosystem. Located at Station F, one of the world's largest startup campuses, the Paris office positions the firm within a community of entrepreneurs, investors, and technology companies. This presence is expected to facilitate connections with European founders and provide a base for developing cross-border partnerships.
Sky9 intends to use the location to support Asian portfolio companies seeking to enter European markets while identifying opportunities to engage with European startups. The office will also provide entrepreneurs with access to the firm's international investment network, operational expertise, and business relationships. By establishing a physical presence in Paris, Sky9 aims to deepen its involvement in European innovation and facilitate collaboration across regional markets.
Supporting Cross-Border Startup Growth
A central objective of the expansion is to strengthen commercial and investment relationships between Europe and Asia. Sky9 plans to leverage its international experience to assist portfolio companies navigating new markets and pursuing overseas growth opportunities. The initiative also creates opportunities for European founders seeking connections to Asian markets and global business networks.
The Paris office will operate as a hub for facilitating relationships between entrepreneurs, investors, and technology companies across both regions. Its activities will focus on portfolio company support, founder engagement, and international collaboration, reflecting Sky9's broader investment strategy. However, the firm has not announced a dedicated European investment fund or disclosed specific investment commitments associated with the expansion.
Sky9 Capital's Investment Track Record
Founded by venture capitalist Ron Cao, Sky9 Capital has spent more than a decade investing in technology startups across Asia and the United States. The firm reports having invested in and supported more than 150 companies, contributing to the development of businesses across international markets. Its portfolio track record includes 16 initial public offerings and 19 mergers and acquisitions exits, according to the announcement.
Sky9 combines venture capital investment with operational support and access to international business networks. Its expansion into Europe builds on an established presence in Singapore, Shanghai, and San Francisco, extending its geographic reach into another major startup ecosystem. The Paris office is expected to complement these existing operations by creating additional opportunities for international engagement and collaboration.
Leadership Highlights Europe-Asia Collaboration
Ron Cao, founder and CEO of Sky9 Capital, welcomed the opening and emphasized the firm's commitment to connecting European and Asian innovation communities. He highlighted opportunities to support Asian companies expanding into Europe while backing European entrepreneurs seeking to build globally competitive businesses. Cao described the Station F location as an important platform for developing long-term relationships within Europe's startup ecosystem.
Roxanne Varza, director of Station F, also welcomed Sky9 Capital's arrival and highlighted the potential benefits for entrepreneurs operating across international markets. She emphasized that the firm's presence could strengthen relationships between European and Asian innovation communities and create opportunities for startups pursuing global expansion. The announcement reflects a shared interest in facilitating international cooperation, although no specific joint investment initiatives were disclosed.
Sky9 Capital's Paris office marks an expansion of its international footprint and establishes a direct presence within Europe's startup ecosystem. By operating from Station F, the firm aims to support portfolio companies entering new markets while developing relationships with European founders and investors. The expansion reinforces Sky9's cross-border investment strategy, with its longer-term impact dependent on the partnerships, investments, and commercial opportunities generated through its European operations.