Paris, France based venture capital firm Serena Capital has launched its €80m fund dedicated to European Big Data and Artificial Intelligence focused startups.
Serena Data Ventures is supporting Big Data and Artificial Intelligence startups with the potential to disrupt such business sectors as banking, insurance, health, energy, manufacturing, trade, logistics, etc. The fund invests between €500k and €3m in the first financing rounds of each startup.
Serena Data Ventures has just closed its first investment in Heuritech, a French startup specialized in deep learning technologies.
In conjunction with the launch of the new fund, the firm has added Bertrand Diard, President of Tech in France and Founder of Talend, Sylvain Gauthier, CEO of Easy Vista, worldwide technological company (ALTERNEXT Paris), and Jamal Labed, COO of Easy Vista and former President of Tech in France as venture partners. In addition, Amélie Faure, serial software entrepreneur, joined Serena Capital in the role of Operating Partner.
Created in 2008, Serena Capital backs early growth digital startups. It has more than €300m under management. The investment team includes led by Marc Fournier, Jean Baptiste Dumont, Nicolas Louvet, Philippe Hayat, Eric Gossart, Ann Valerie Bach, Marie Brayer, and Lea Verdillon, among others.