Elaia Partners, a Paris, France-based venture capital fund focused on the digital economy, is raising a new fund.
With a target size of €120m, Elaia Delta Fund aims to invest in 25 to 30 French and European early-stage startups.
The fund, being currently raised from institutional investors, corporations, Family Offices and entrepreneurs, targets a first closing in Q1 2016.
In addition, the firm announced that serial entrepreneur Marc Rougier will join as Partner in early 2016.
Currently CEO of Scoop.it in San Fransisco, Marc Rougier has created 4 startups and has supported over a dozen more as a mentor, advisor or business angel. He also worked in large corporations such as Thales or IBM.
Led by Philippe Gire and Xavier Lazarus, Elaia Partners is a venture capital firm which currently manages over €135m. It invests in high-growth startups offering disruptive technologies, products and services. The firm’s portfolio includes companies such as Sigfox, Mirakl, Criteo, Teads, Marfeel, adomik, Talent.io, ZenChef, Easyrecrue, Shift Technology, Vodkaster, tinyclues, Orchestra Networks, Agnitio, etc.