Exor Seeds Raises $75M for First Fund

exorExor Seeds, the NYC-based fund behind Exor, the listed holding company controlled by the Agnelly family (who are behind Fiat Chrysler, Ferrari and FC Juventus) and its controlled, reinsurance company PartnerRe, raised $75m.

Per an SEC filing, 2 investors participated in the offering of Exor Seeds, L.P.
In a previous article, we reported that Exor and PartnerRe had committed $50m each to the initiative but it is unknown if they are the two LPs behind this offering.

The initiative is led by Managing Director Noam Ohana. Prior to Exor Seeds, he was managing partner of Conegliano Ventures and Partner of BeaconLight Capital, a global equity long-short fund he co-founded in 2010.
Ohana started his investment career in 2007 at Atticus Capital, where he managed a fund-of-funds.

According to the web site, Exor Seeds has already invested in 11 US based tech startups, including:

  • Brex
  • Cover
  • Hexanow
  • Kheironmed
  • Life
  • Privacy
  • Reflexion
  • Saildrone
  • Smallhold
  • Tekion
  • Truelinkfinancial

Led by John Elkann, CEO and Chariman, Exor N.V. is one of Europe’s leading diversified holding companies. Controlled by the Agnelli Family, Exor makes long-term investments focused on global companies in diversified sectors, mainly in Europe and the United States. It currently has a Net Asset Value of nearly 23 billion Dollars.



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