About the fund
A French pre-seed and seed-stage venture capital fund launched by a consortium including daphni, Les Déterminés, Live for Good, and HEC Paris, with a target size of approximately €100 million. The fund focuses on backing entrepreneurs from underrepresented backgrounds and underserved geographies, particularly those based outside traditional startup hubs such as Paris, including rural areas and priority urban neighborhoods.
Designed to address structural inequalities in access to venture capital, the fund seeks to identify and finance “atypical” founders who are often overlooked by conventional investment networks despite strong economic potential. The fund invests initial tickets typically ranging from €100,000 to €1 million into early-stage startups across sectors, prioritizing companies that combine scalable business models with positive social and economic impact.
Beyond capital, the fund provides a comprehensive support platform, including mentorship, operational training, and a structured acceleration program, leveraging the combined networks and expertise of its partners. This integrated approach aims to increase the success rate of portfolio companies while fostering a new generation of entrepreneurial role models across diverse territories.
By expanding access to capital and support, the fund aims to unlock untapped innovation potential across France, promote inclusive economic growth, and reshape the venture ecosystem to better reflect the diversity of entrepreneurial talent.
