Discover daphni funds
With over €500 million under management, daphni :
- manages daphni Purple FPCI, which invested in 28 companies including Backmarket, Memo Bank, Geev, Comet, AnotherBrain and Agricool
- manages its successor fund daphni Yellow FPCI, which has already announced its first investments in Leocare, Hubcycle, Stockly, Pasqal, Agua Blanca, Save Market, Modjo, Masteos and Witco
- advises Jaïna Capital SAS which invested in companies such as Devialet, Typology, Nabla, Winamax and Made. com.
The founders we support are building products that can change the way we all live. Curious on what the future might look like? Check it out right here our portfolio companies ! And discover “Living DA life!”
We invest in new usage
We invest in european DNA companies
We are sector, industry and model agnostic
We like singular projects
We believe there is no planet B
Check out daphni investment strategy
An investment strategy is more than defining the perimeter of a playground or the rules of investments. We invite you to look at what we have done at daphni, especially at our portfolio. This way you will understand who we are, what we invest in and why! Below, we lay out the key/guiding tenets/principles of our philosophy/vision:
Using our fund, we invest at the first stages of the equity journey. It means our investment range is between €0.5m and €10m.
We are sector agnostic because tomorrow’s disruption is unknown and, by remaining flexible, we want to maximize our ability to support the best innovation in usage shift.While most of our startup investments begin in Europe, we believe the more global the business the better.
B2B, B2C, C2C, H2H, B2G, … is not the question, what we are interested in is new usage at professional and personal level.
We know that to get high return we have to take risk to support the most singular projects with huge potential.
We try to invest to Build Da City For Good, say differently in companies which contribute to make the world better for the future generations.
We look for new usage
B2B, B2C, C2C, H2H, B2G, … is not the question, what we are interested in is new usage.
Daphni mainly focuses on companies that are, directly or indirectly, developing disruptive services or products around new usage for consumer or prosumer customers. Technology is a tool. Usage and product market fit are driven by people, services and emotions.We are convinced that Europe has strong competitive advantages to create companies based on the unique European DNA; collectiveness, ingenuity, sustainability and quality of life. To guarantee good scaling potential, we pay attention to the fact that the value proposition of the companies we invest in adresses both domestic and international markets.
We invest in venture
The stage of a company is not always easy to define, but generally, our investment strategy is to focus on and invest in companies, which are at least in the process of having a product that is market fit. After our initial investment, our objective is to take part in follow-up rounds, if key success factors are palpable.
We are sector agnostic
We believe that digital and technology remove any boundaries that hamper the effectiveness of cross fertilization between siloed ecosystems.We are also technology agnostic as technology “only” represents the means to support the new usage we are developing alongside entrepreneurs.
We like singular projects
From what we have seen so far, we know that innovation can come from projects with low rationale at a first glance but with the capacity to become game changers in their targeted markets. For instance, we can consider hardware projects, as we think that, from a pure digital revolution perspective, technology will embrace a digital solidification revolution. Some of our peers say that sometimes we make unusual or even “bizarre” deals. From our perspective, they aren’t that bizarre, they are not just plain vanilla deals you can check in a box. It is part of our job, as a VC, to take risks and bet on founders thinking outside the box with forward-looking initiatives ! technology “only” represents the means to support the new usage we are developing alongside entrepreneurs.From what we have seen so far, we know that innovation can come from projects with low rationale at a first glance but with the capacity to become game changers in their targeted markets. For instance, we can consider hardware projects, as we think that, from a pure digital revolution perspective, technology will embrace a digital solidification revolution. Some of our peers say that sometimes we make unusual or even “bizarre deals”. From our perspective, they aren’t that bizarre, they are not just plain vanilla deals you can check in a box. It is part of our job, as a VC, to take risks and bet on founders thinking outside the box with forward-looking initiatives !
Our sweet spot is Europe
Our team is mostly focusing on European deals, with the flexibility to invest in opportunities outside of Europe. In any case, we intend to leverage our strong Europe ecosystem when we invest in a company.
Thanks to our global network of experts and co-investors who can add additional value and help to accelerate our startup’s scaling process.
We invest to Build Da City For Good
We are particularly proud of investing in companies that contribute to making the world better for future generations.We are deeply convinced that breakthrough usage and technology can enhance social, economic and environmental sustainability in different forms. That’s the reason we invested in Agricool, Backmarket, Blablacar, Beendhi, Fretlink, Geev, Ouicar…. where all these companies develop products and services based on tech for good. We like the idea that innovation can improve the world we live in. Just remember our baseline – Build Da City For Good.
So far (and see portfolio details), we have invested in outstanding companies spread across Europe and the US. If you take a closer look, you will see that our investment thesis is reflected in each of them.