We build new ventures from technology disruptions.

Most value creation frameworks stop short of full realisation. In our experience, up to a third of value creation potential goes unrealised.

Linebreak is a venture builder for mid-cap technology and services companies. We capture this value by building new ventures alongside companies.

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16

Team members

of which 10 actively deliver innovation

10

Ventures

of which 5 active, 5 completed

€100M+

Raised

of which €10M+ own capital invested

The Opportunity

Three levels of value creation. Most plans only cover two.

Most value creation frameworks focus on optimising current operations and expanding existing capabilities. The third level, building entirely new ventures, is where exit multiples change. Most frameworks classify it as aspirational upside and never resource it properly.

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Level 1: Optimise Operations

Deploy AI across current operations to improve revenue per head and defend margins. Stabilises the business and generates the capital for what follows.

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Level 2: Augment Capabilities

Turn domain expertise into higher-margin, repeatable services. Human experts working at multiples of their previous output, with platform economics that begin to decouple revenue from headcount.

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Level 3: Launch New Ventures

Build new business models with their own P&L, customers, and recurring revenue. Based on our experience, this is where 20–30% of unrealised value sits in a typical portfolio company.

How We Engage

From thesis to revenue in weeks.

An integrated process that takes a venture from strategic discovery to production-grade software and early customers. Strategy, engineering, and ecosystem — all under one roof.

01

Vision & Strategy

We identify where untapped value sits in your business. We map your IP, expertise, and assets, then design the venture architecture, P&L structure, and go-to-market blueprint. Pattern recognition built across 35 years and hundreds of technology companies, accelerated by AI-assisted discovery.

Output:

A validated venture thesis, business model, and investment case, delivered in weeks.

02

Design & Prototyping

Strategy becomes a working product. Rapid prototyping on our reusable asset platform. AI-assisted design and build cycles. Real software, built for real users from the first sprint.

Output:

A functioning prototype and early customer validation.

03

Development & Deployment

Production-grade engineering from our 10-person innovation delivery team. AI deployed across the full development lifecycle, covering code generation, automated testing, and deployment orchestration. Go-to-market execution within your existing client base, with unit economics tracked from day one.

Output:

A live venture, early revenue, and a scalable operating model.

We invest alongside you.

Linebreak co-invests alongside portfolio companies and their financial sponsors. We contribute engineering effort, strategic expertise, and ecosystem access in exchange for equity, minimising upfront cash burn during the venture build phase. Venture IP is assigned to the portfolio company. Linebreak holds a minority equity position with aligned exit terms.

Retainer

Strategy sprints

Focused, time-boxed engagements for venture design and business model validation. Typically 4 to 8 weeks. Fee-based, with defined outputs per sprint.

Equity

Venture builds

Linebreak contributes engineering capacity and ecosystem access in exchange for equity. Additional equity tied to performance metrics. Venture IP assigned to the portfolio company. Minority position with aligned exit terms. Structured per venture.

The ecosystem behind every venture.

Speed matters in venture building. A small, focused team moves fast. Ventures also need depth at critical moments: specialised engineering, domain expertise, market access. Linebreak’s ecosystem gives every venture access to these capabilities on demand, without building permanent overhead.

Our three delivery partners employ 28,000 engineers collectively, available to Linebreak ventures on a project basis. Our capital partners provide co-investment access and portfolio connectivity across the US and European startup ecosystems.

Industry Partners

Onepoint

4,000+ professionals. Digital transformation and enterprise change management. Headquartered in France with European delivery centres.

Onepoint

 Grid Dynamics

4,000+ software engineering professionals. Cloud infrastructure, platform engineering, and data systems. US-headquartered, publicly traded (GDYN).

Grid Dynamics

 Expleo

20,000+ product engineering professionals. Quality assurance, testing, and regulated-industry delivery across automotive, aerospace, financial services, and healthcare.

Expleo

Innovation Partners

BGV

€400M+ Enterprise 4.0 fund based in Menlo Park. Strategic partner and co-investor across Linebreak’s venture portfolio. Provides capital access, portfolio company introductions, and sector intelligence.

Benhamou Global Ventures

 Plug and Play

The world’s largest seed-stage innovation platform, based in Sunnyvale. Connects Linebreak ventures to a global network of corporate partners and early-stage co-investment opportunities.

Plug and Play

In addition to these named partners, Linebreak manages a portfolio of curated startup relationships and maintains active venture investments with one completed exit.

Our Ventures

Over €100M+ raised across our portfolio since 2020.

Of which €10M+ own capital invested.

Detailed case materials and references available under NDA

5 active · 5 completed · 10 total · €100M+ raised

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The ventures that shift your exit multiple will not build themselves.

Patrick Nicolet

Patrick Nicolet

Chairman & CEO

You want to develop your value creation framework or explore how new ventures could change your exit trajectory. Patrick is your first point of contact.

Former member of the Group Executive Board at Capgemini, where he led the global Technology & Engineering practice. 35 years building and scaling technology services businesses across Europe, the US, and Asia.

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Dolo Miah

Dolo Miah

CTO

CEO, New Icon*

You already have your plan and want to test or build ventures. Dolo leads our innovation delivery team, which has shipped 200+ projects since 2006.

30+ years in enterprise architecture across Capgemini and Sopra Steria. Dolo operates at the intersection of AI, software architecture, and venture delivery, and his team writes the production code for every venture Linebreak builds.

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Hugo Parent-Leduc

Hugo Parent‑Leduc

Ecosystem & Portfolio Manager

You want to join our ecosystem as a startup, a service partner, a technology partner, or an innovation collaborator.

Engineering background with M&A and startup fundraising experience. Manages Linebreak’s portfolio of active ventures and its network of technology startups, VC partners, and innovation ecosystems across the US and Europe.

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New Icon

*New Icon is Linebreak’s wholly owned innovation delivery company