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Paris VC firm Emblem raises $85m amid funding slowdown

Paris-based VC firm Emblem has closed its first fund at 80 million euro (US$85 million) over 18 months, despite a global funding slowdown.

Co-founded by Bénédicte de Raphélis Soissan and Guillaume Durao, Emblem focuses on seed-stage startups in France and the Nordics.

It plans 25-30 investments, ranging from 500.000 euro (US$518) to 3 million euro (US$3.1 million), and has already backed 16 startups since March 2023.

Emblem also plans to raise a second fund of similar size.

Recent Emblem developments

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