The Next Global Tech Champions will be European

Partners of Choice for Exceptional Founders
New Horizons for Europeans Tech: Growth & Asia

Dedicated to the emergence of Global Champions from Europe

With offices in Paris, London, Seoul and Singapore, 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 many leading Asian corporates, together with our network in Asian tech ecosystems offer our portfolio companies much more than just capital.

Founded in 2016 by Fleur Pellerin, former French Minister for Innovation and Digital Economy, Korelya Capital is an investment platform with over EUR 500 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.

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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.

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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

Wallapop raised $87M more at a $832M valuation led by Korea’s Naver

Wallapop — a peer-to-peer marketplace based out of Barcelona that made a splash at the peak of the COVID-19 pandemic with consumers who were looking for more localized, less wasteful, and more ecofriendly routes for buying and selling items — has raised more money to continue its expansion in Europe.
The company has picked up €81 million ($87.4 million), which it will be investing into its operations in Spain, Italy and Portugal after seeing its 2.4 million downloads in the first half of the year in Italy (a newer market for the app) and a 600% increase in cross-border activity between Spain and Italy in that period. The company also plans to put more into data science and other areas of R&D — critical given that discovery, personalization and other tools to connect buyers with items they want is critical to people coming back and using Wallapop again and again.

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Poland’s Ramp raises a $70m Series B despite crypto crash

Cryptocurrency payments startup Ramp, with offices in Poland and in London, has raised $70m of fresh investment, despite a difficult fundraising environment and turmoil in the crypto industry.
Their Series B, co-led by the UAE’s Mubadala Capital and France’s Korelya Capital, comes less than a year after the startup raised a $53m Series A. It’s one of the biggest funding rounds in the history of the Polish startup ecosystem.

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Hokodo raises $40m Series B to take its B2B BNPL international

VCs can’t seem to get enough of buy now, pay later’s B2B counterpart right now. Last month saw raises from Berlin’s Mondu, and the UK’s Tranch and Previse — one of Sifted’s UK startups to watch in 2022. Yesterday London’s Playter bagged a $55m seed, and today it’s Hokodo’s turn.

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Finn raises $100M to expand car subscription platform in US, Germany

Car subscription platform Finn has raised $110 million in equity to expand in the U.S. and Europe and reach 30,000 subscriptions by the end of the year, according to the company.
The funding, which brings Finn’s valuation to “more than $500 million,” comes at a time when consumers are starting to shift away from traditional car ownership models like leasing or financing. Car subscription platforms, especially ones that offer electric vehicles like Onto in the U.K. and imove in Norway, are taking off as trends like usership over ownership, online shopping and EV usage rise.

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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.

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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.

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