Emblem

France
Seed
Share

About Emblem

Emblem is a venture capital firm based in France, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, E-Commerce, SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionFrance
Funding StageSeed
Industry Focus
Ai Ml
Ecommerce
Saas

Investor Signals Profile

active

Sweet Spot

Pre/seed founder in France, Denmark or Sweden

pre-seed
seed
France
Nordics
B2B SaaS

Bullish Signals

€75m Fund I, launched 2023external
70+ tech founders as LPsexternal
Vaekstfonden + Edenred as LPsexternal
LP founders: Pleo, Qonto, Spendesk, Zendeskexternal
LP founders: 3shape, Botify, Dixa, Peakonexternal
Prestigious European family offices as LPsexternal
LP founders: Akeneo, Falcon, Kantox, Swileexternal
LP founders: PeopleDoc, Planday, Silae, Tillerexternal
Website emblem.vc active, professional presenceexternal

Contrarian Signals

Only 2–10 employees, small teamexternal
Fund I — no track record yetexternal
Founded 2023 — very early stage fundexternal

Founder Do's

Target French or Nordic market
Seek pre/seed stage check
Leverage LP network (70+ tech founders)
Build in France, Denmark, or Sweden
Name-drop LP founders (Pleo, Qonto, Spendesk etc.)

Founder Don'ts

Don't pitch post-seed stage
Don't expect pan-European geographic spread
Don't approach outside France/Nordics focus

Key GPs & Partners

PH
Pascal Houillon
Partner
founder-focusedFrance/Nordics expert
ME
Morten Elk
Partner
Nordic networksB2B SaaS
AM
Adrien Magdelaine
Principal
deal-sourcing
UL
Ulrik Bo Larsen
Principal
portfolio support

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

Fund Overview

Fund Size€80M
Saves0

Key People

Bénédicte De Raphélis Soissan, Guillaume Durao

Pascal HouillonPartner
Morten ElkPartner
Adrien MagdelainePrincipal
Ulrik Bo LarsenPrincipal

Related Funds

Mérieux Innovation 2 (MI2)

€150M
France
Pre Seed
Digital Health
Fund Manager:Valérie Calenda, Yoann Bonnamour
Pre Seed
Digital Health

Elaia Digital Venture Fund V

€120M
France
Pre Seed
Enterprise Software, Ai Ml, Cybersecurity, Deep Tech, Manufacturing, Biotech
Fund Manager:Xavier Lazarus, Samantha Jerusalmy
Pre Seed
Enterprise Software
Ai Ml
Cybersecurity
Deep Tech
Manufacturing
Biotech

XAnge Fund 5

€200M
France
Seed
Ai Ml, Deep Tech, Robotics Automation, Cybersecurity, Space, Biotech, Climate Sustainability
Seed
Ai Ml
Deep Tech
Robotics Automation
Cybersecurity
Space
Biotech
Climate Sustainability