New horizons for European Tech Growth & Asia

The next Global Tech Leaders will be European
Partners of choice for exceptional Founders

Dedicated to the emergence of Global Champions from Europe

With offices in Paris, London and Seoul, our mission is to broaden the horizon of European technology by providing leading start-ups with the capital for growth and access to Asian markets.

Our strong ties with NAVER Corporation, South Korea’s leading internet company, together with our network in Asia offer our portfolio companies much more than just capital.

Founded in 2016 by Fleur Pellerin, former French Minister of Digital Economy and Culture, Korelya Capital is an investment platform with over EUR 300 million under management.

We back the most ambitious founders in their journey to build global technology champions by sharing our passion, experience and market reach.

Medium // Linkedin


We are thesis-driven investors supporting exceptional founders at every step of their journey

We seek out exceptional and talented European founders who put global ambition at the core of their mission and then work relentlessly with them to achieve it.

We focus our sourcing on well-defined investment theses and criteria and we are quick to recognise if a business is not for us.

Once we partner with a founder, we are highly engaged: we know the challenges of scaling across multiple markets faced by our companies and we leverage our network and expertise to make the journey a success.


Backing Europe's leading visionary companies

Advocates of a sustainable tech ecosystem.

Learn more

For decades, sustainable development has steadily grown in public opinion and business and political agendas globally. Organizations large and small are increasingly accountable for their social and environmental footprint.

While legal and statutory obligations today almost exclusively concern large corporations, we believe sustainability should be an integral part of corporate agendas at every stage of a company’s journey, for both ethical and economic reasons.

We are convinced that companies embracing societal and environmental challenges will drive superior value creation in the long term. Europe has a clear head start and an unmissable opportunity to create the next generation of sustainable global leaders.

That is why at Korelya we chose to set ourselves ambitious yet realistic sustainability goals, with an action plan designed to lead by example and promote our strong beliefs amongst our portfolio companies.

Recent News

Grover grabs $330M to double down on circular economy with consumer electronics subscriptions

A growing number of people are looking for ways to live more sustainably amid increasing concerns over the environment and what we humans keep doing to pollute it. Today, a startup called Grover, which has built a business around one aspect of that — enticing people to buy and eventually discard fewer consumer electronics such as phones, monitors and electric scooters by offering them attractive subscriptions to use their stock of new or used gadgets instead — is announcing a big round of funding to expand its business.
The Berlin-based company has raised $330 million — specifically $110 million in equity and $220 million in debt — that it plans to use to expand its stock of devices as it gears up for more user growth; build out more tools and financial services to personalize the experience for individuals to encourage more business on its platform through schemes like loyalty programs; and drive deeper into big markets, such as the U.S.

Learn more

Synapse Medicine raises $28 million for its medication intelligence platform

French startup Synapse Medicine has raised a new $28 million funding round (€25 million) led by Korelya Capital. The company has built a product that helps healthcare professionals get reliable drug information and prevent medication errors.
In addition to Korelya Capital, existing investors XAnge, MACSF and BNP Paribas Development also participated in the funding round.
There are many reasons why medication can turn against a patient — drug interaction, wrong dosage, side-effects, contraindications, etc. As the world’s population is aging and drugs are becoming more and more specific, it has become harder to know for sure that you’re prescribing the right medications as a doctor or pharmacist.

Learn more

Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app of the same name that operates on-demand ride hailing, shared cars and scooters; and restaurant and grocery delivery — has raised €628 million ($709 million at current rates), at a valuation of €7.4 billion ($8.4 billion). It will be using the funds to continue expanding to new geographies and to bring more consumers and partners to its “super app”; and newer business lines, such as its 15-minute grocery delivery option Bolt Market, will be building out ‘dark stores’ in more cities to expand the service beyond the 10 where its active today.

Learn more

Congratulations to our portfolio company : Delivery Hero acquires majority stake in Spanish food delivery app Glovo

German food delivery group Delivery Hero (DHER.DE) said on Friday it had signed an agreement to acquire about a 39.4% stake in Spanish delivery app Glovo.

Learn more

Fleur Pellerin wants Europe’s entrepreneurs to look east

The former French minister and founder of Paris-based venture firm Korelya Capital, is looking to expand in South Korea.

While European entrepreneurs have traditionally looked west to seek their fortunes, Fleur Pellerin wants them to face east.
The former French minister and founder of Paris-based venture firm Korelya Capital believes that her mix of experience, connections, and cultural capital can help make that happen. More than four years after founding Korelya, Pellerin is preparing for a new phase that she hopes will expand that bridge between Europe’s ecosystem and Asia.

Learn more

Vestiaire Collective raises $216 million for its second-hand fashion platform

Vestiaire Collective announced a new funding round. The company has raised $216 million, or €178 million — it has reached a valuation above $1 billion, making it a unicorn. French fashion and luxury group Kering is leading the round with Tiger Global Management. Kering now owns 5% of Vestiaire Collective.

Learn more

Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace

Wallapop, a virtual marketplace based out of Barcelona, Spain that lets people resell their used items, or sell items like crafts that they make themselves, has raised €157 million ($191 million at current rates), money that it will use to continue growing the infrastructure that underpins its service, so that it can expand the number of people that use it.

Learn more