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Daphni secures $215M for its third fund


French VC firm Daphni is announcing the first closing of its new fund, Daphni Blue. The firm has raised €200 million (around $215 million at current

“We need to ask ourselves how we can both differentiate ourselves, and support technologies or services that are sustainable when we invest in new projects,” founding partner Pierre-Eric Leibovici told me. While French universities are setting aside a portion of their budget to attract American researchers, Daphni says that it didn’t choose to refocus on fundamental science because of that. He has a deep background in startups, AI, fintech, privacy, security, blockchain, mobile, social and media.

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