French VC firm Partech has closed another seed fund dedicated to early-stage tech startups — the fund is called Partech Entrepreneur IV. This time, Partech has raised €120 million. It represents $124 million at today’s exchange rate.

With today’s new fund, the firm plans to invest anything between €300,000 and €3 million. For many startups, this will represent their first VC investment, at the seed stage and sometimes even pre-seed stage. Partech can lead or co-invest in the round.

As for verticals and geographies, Partech doesn’t have any specific industry, market or model in mind. It is an opportunistic seed fund mostly focused on Europe, with some investments in the U.S. and Southeast Asia.