Emblem, a Paris-based European VC firm, has closed its first fund at €80 million after 18 months of fundraising. Founded by Bénédicte de Raphelis Soissan and Guillaume Durao, the firm aims to make 25 to 30 seed investments, focusing on leading or co-leading rounds with investments ranging from €500,000 to €3 million. This achievement is notable given the ongoing decline in European venture funding, as reported by Atomico. Nevertheless, Emblem has already made 16 investments in various startups, underscoring its proactive approach in a challenging investment landscape.
Eighteen months after the first closing, the Emblem team managed to secure €80 million in total, reaching their hard cap despite challenging funding conditions.
Founded by Bénédicte de Raphelis Soissan and Guillaume Durao, Emblem aims to make 25 to 30 investments, primarily leading seed rounds.
In the current funding environment, several VC firms are struggling, yet Emblem has successfully closed its first fund, emphasizing resilience amid difficulties.
Emblem has already invested in 16 startups since its initial closing, demonstrating its commitment to fostering innovative ventures in challenging times.
Collection
[
|
...
]