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European VC firm Emblem raises $85 million for its initial fund
Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the
Several VC firms are struggling to raise follow-on funds despite the current artificial intelligence boom, which could potentially represent a huge investment opportunity. They invested in crypto trading card game Sorare, pet insurance startup Dalma, and cultivated meat company Gourmey, to name a few. It has more than 200 limited partners who invested in the first fund, including family offices and tech entrepreneurs, such as the founders of Unity, Pleo, Qonto, 3shape, Spendesk, Voodoo, Pennylane, JobandTalent, Ledger and Zendesk.
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