Daphni is a French SAS with a capital of €290.000 registered in the Paris Trade and Companies Register under the number 811 341 924. Daphni’s headquarters are located at 87 rue Réaumur, 75002 Paris. Daphni is registered with the AMF under the number GP-16000002, dated 28/01/2016. Daphni has an AIFM agreement.
Director of publication: M. Pierre-Yves Meerschman
SAS Clever Cloud – Capital : 22 952€ – N°52417269900018
SAS Monarch Studio – N°85112749800026
This website is subject to a declaration with the National Commission for Data Protection and Liberties (CNIL-France) under the Act N° 78-17 of 6 January 1978 On Information Technology, Data Files and Civil Liberties, as amended by the law of 6 August 2004. The data subject (individual person) has a right to access and rectify any personally identifiable information relating to them by contacting the data controller (Daphni SAS) at the following address: [email protected]
ESG (Environmental, Social, Governance) doctrine
daphni’s commitment to ESG has been deeply rooted since the company was founded. Its purpose and status as a mission-driven company, along its B Corp Certification guide and, guarantee its dedication to a more sustainable world.
Our purpose, as stated in its by-laws, is as follows:
“Due to our responsibility to future generations, Daphni’s “raison d’être” is to invest in technology that contributes to a better and more sustainable world.”
The Company also aims to generate a positive and significant social, societal, and environmental impact in the exercise of its activities.
ESG embedded in our investment process
daphni’s investment policy incorporates environmental, social and governance (ESG) criteria throughout the lifecycle of our investment process, from dealflow origination to portfolio monitoring; covering all our investment opportunities. This holistic approach underlines our commitment to responsible and sustainable
Each investment opportunity is subject to thorough due diligence, including ESG, legal, and HR aspects, and other relevant factors. This due diligence helps us to assess the impact of the investment opportunity on the Sustainable Development Goals (SDGs), and to identify any potential red flags.
To underline our commitment to responsible investment, daphni has published three policies detailing our investment approach:
• ESG Doctrine: the way we approach ESG, regulation and responsible investment
• Engagement & Voting Strategy: describes how we support companies in their sustainability efforts
• Exclusion Policy: To protect ourselves from specific sustainability risks and to invest in line with our values and beliefs
As a responsible investor, daphni supports its portfolio companies in their development and maintains an ongoing dialogue with entrepreneurs on the various issues and problems they encounter as part of their acceleration.
To ensure a comprehensive and tailored approach to ESG monitoring, we’ve implemented two independent processes that yield distinct outputs based on the specific needs of our stakeholders.
• On a quarterly basis, leveraging our primary reporting tool, we collect information from our portfolio companies regarding their ESG standing. This includes significant ESG events year-to-date and select key performance indicators (KPIs) that warrant more frequent tracking than an annual
• On a yearly basis, for other ESG KPIs. In our commitment to fortifying this aspect of our operations in 2023, we have forged a strategic partnership with Apiday, a comprehensive ESG platform. This one-stop-shop solution aids founders in seamlessly initiating their sustainability journey and scaling their ESG initiatives.
CSR/ESG criteria at Daphni
At daphni, what we interpret as CSR is the operational application of what we have defined through our mission and the B Corp certification. We are committed to applying the best practices in the market while keeping up to date with new standards.
• the team at daphni comprises 22 employees, of which 12 are women,
• consistent annual assessments of our carbon footprint since 2020,
• internal charters and policies to promote among its employees a culture of inclusion, diversity, and environmental respect through the dissemination of best practices,
• allocation of 2% of our budget towards supporting charitable causes and initiatives.
Information to our investors about ESG criteria
We provide our investors with a quarterly update through the Daphni reportings.
Complaint handling policy
Daphni has implemented and maintains an operational procedure in order to quickly and efficiently process complaints made by its clients. Any complaint may be referred to Daphni, 87 rue Réaumur, 75002 Paris, France. The management company will acknowledge receipt of the complaint within a maximum of ten working days from the date it was received, unless a response has been sended to the client in the intervening period. Except in duly justified exceptional circumstances, a response will be issued to the client within two months of sending of the complaint.
In the event of an ongoing dispute, the client may contact a mediator, such as the AMF Ombudsman, at the following address: Autorité des marchés financiers, Médiateur de l’AMF, 17 place de la Bourse, 75082 Paris Cedex 02. The AMF mediation request form at the Mediation Charteur is available online at https://www.amf-france.org.
This Website is operated and controlled by daphni SAS in France. If it is illegal or prohibited in your country of origin to access or use this Website, then you should not do so. Those who choose to access this Website outside France access it on their own initiative and are responsible for compliance with all local laws and regulations. These Terms, and any disputes relating to these Terms or your use of this Website or the Materials, shall be governed in all respects by the laws of France, without regard to conflicts of laws principles. Except as otherwise agreed in writing by daphni SAS, any disputes relating to these Terms shall be resolved exclusively in France. These Terms set forth the entire agreement between you and us with respect to the subject matter hereof and supersede all prior agreements relating to such subject matter. Our rights under these Terms may be waived by us only in writing. These Terms are binding on you as well as your successors and permitted assigns. In the event any provision of these Terms is determined to be invalid or unenforceable, such provision shall be deemed severed from the remainder of these Terms and replaced with a valid and enforceable provision as similar in intent as reasonably possible to the provision so severed, and shall not cause the invalidity or unenforceability of the remainder of these Terms.
Except for certain Materials provided through a password protected area on this Website (see below), all materials are provided “as if”, may not be relied upon for any purpose and are not subject to express or implied warranties of any kind. In particular, except to the extent that Materials provided through a password protected area on this Website are subject to different rules, we make no representations or warranties with regard to the Materials‘ accuracy, completeness, non-infringement or fitness for a particular purpose. You should be aware that a significant portion of the Materials include or consist of information that has been provided by third parties and has not been validated or verified by us. In connection with our investment activities, we often become subject to a variety of confidentiality obligations to funds, investors, portfolio companies and other third parties. Any statements we make may be affected by those confidentiality obligations, with the result that we may be prohibited from making full disclosures. Without limitation on the effect of other warnings and disclaimers set forth in these Terms, you should interpret any statements we make (on this Website or otherwise) in that context. Please ensure that your own computer security is comprehensive and up to date. We accept no responsibility for viruses, malware or other malicious or damaging software contained in the Materials or otherwise.
Password Protected Areas
Certain Materials may be made available through a password protected area on this Website. Each password is intended to be confidential and used only by the individual or entity to whom it is issued. Do not disclose your password to any unauthorized person. If you access Materials through a password protected area, please note that the written agreements between you and the daphni SAS, as well as any provisions set forth in those Materials, govern the parties‘ respective rights and obligations with regard to those Materials. In particular, Materials provided through a password protected area generally are confidential and subject to limitations on disclosure and use, and daphni SAS generally have limited liability with respect to the accuracy and completeness of such Materials.
No Offer, Solicitation or Advice
Except to the extent expressly set forth in Materials provided through a password protected area on this Website, or as otherwise specified by daphni SAS in writing, nothing on this Website is intended to constitute (i) an offer, or solicitation of an offer, to purchase or sell any security, other asset or service, (ii) investment advice or an offer to provide such advice, or (iii) a basis for making any investment decision. Except as expressly stated by a daphni SAS in writing, neither this Website nor any of the Materials make any effort to present a comprehensive or balanced description of daphni SAS.
Restrictions on Use, No License
We reserve all rights with respect to the design and content of this Website. In particular, you must not misappropriate the design or content of this Website and you must not alter or deface such design or content in any way. Nothing on this Website grants any license with respect to such design or content, except that you may download and use Materials solely for your own personal information.
Ownership of Trademarks, Etc.
All trademarks, service marks, trade names, logos, graphics, articles and other Materials on this Website are protected by France and foreign copyright, trademark and other applicable laws. In particular, all trademarks, service marks, trade names and logos displayed on this Website are proprietary to daphni SAS, its affiliates or their respective third-party owners and this Website grants no license thereto. Daphni is a registered trademarks in France and other countries.
Submitting a Business Plan or Other Confidential Information
Due to the large number of business plan ideas and related materials that we review, and the similarity of many such plans and materials, we cannot accept responsibility for protecting against misuse or disclosure of any confidential or proprietary information or other materials in the absence of our express written agreement to do so. Please consider this carefully before sending us any information or other materials that you deem confidential or proprietary.
Limitation of Liability
Except as specifically agreed by a Daphni SAS in writing, daphni sas shall not have any liability based upon your use of, or reliance upon, this website or the materials. Some jurisdictions limit our ability to disclaim liability. With regard to those jurisdictions, our liability shall be limited to the greatest extent permitted by applicable law.
Modification of these Terms
We reserve the right to modify these Terms at any time. Please check these Terms periodically for changes. Your continued use of this Website after the posting of changes constitutes your binding acceptance of such changes.