Wednesday, March 22, 2023

"Emblem is the latest European seed fund in new wave of VC funds"

 From TechCrunch, March 22:

If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem is announcing today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only the first close — the firm expects to raise as much as $80 million (€75 million) by the end of the year.

Emblem was founded by Bénédicte de Raphélis Soissan and Guillaume Durao. This isn’t the first time Bénédicte de Raphélis Soissan’s name appears on TechCrunch as she used to be an entrepreneur herself. I first covered her startup Clustree back in 2014.

Clustree was a talent management and HR platform that was acquired by Cornerstone OnDemand. Some business angels like Frédéric Montagnon and Florian Douetteau were quite instrumental in Clustree’s trajectory, so she started investing in startups herself after selling Clustree....

....MUCH MORE