{"id":6490,"date":"2012-10-29T09:56:33","date_gmt":"2012-10-29T08:56:33","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=6490"},"modified":"2019-05-03T14:37:56","modified_gmt":"2019-05-03T12:37:56","slug":"elaia-partners-alpha-fund-seed-stage","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2012\/10\/elaia-partners-alpha-fund-seed-stage\/","title":{"rendered":"Elaia Partners closes 45M\u20ac fund for seed stage"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright size-full wp-image-6491\" title=\"Elaia Partners Logo\" src=\"https:\/\/www.rudebaguette.com\/wp-content\/uploads\/2012\/10\/eila-e1351500827665.png\" alt=\"Elaia Partners Logo\" width=\"248\" height=\"182\" \/><a href=\"https:\/\/www.rudebaguette.com\/tag\/Elaia-Partners\/\">Elaia Partners<\/a> announced this morning a closing of a new 45M\u20ac\u00a0fund, Elaia Alpha. The fund is dedicated to seed stage startups, and while a part of it will be dedicated to investing 500K\u20ac-1M\u20ac tickets to startups raising a seed stage around, there will also be a portion of the fund dedicated to investing smaller tickets &#8211; 100K\u20ac to 300K\u20ac &#8211; in order to help \u00a0startups get their feet off the ground. Elaia Partners noted that it is general the lead or co-lead investor in a round with its traditional fund investing up to 4M\u20ac, and hopes to continue that trend of leading growth in the French digital economy.<\/p>\n<blockquote><p>This seed fund, at the moment of its closing, is\u00a0the most important fund in France&#8217;s digital economy. It will allow us to put to apply our investment strategy which we proved with our previous fund, namely to identify startups as early as possible and accompany them throughout their journey in order to build global industry leaders.&#8221;<br \/>\n<em>\u00a0Philippe Gire*, Partner at Elaia Partners.<\/em><\/p><\/blockquote>\n<p>The Elais Alpha fund was participated in by\u00a0<em>Le Fonds National d&#8217;Amorcage<\/em> (the national seed fund), with management being trusted to CDC Entreprises,\u00a0le Fond Europ\u00e9en d\u2019Investissement, Pactinvest (Groupe SMABTP), as well as well-known web &amp; tech entrepreneurs.<br \/>\nElaia has played a very strong roll in the growth of the French digital economy. Among other investments, they were the first investors in Criteo, now <a title=\"CEO JB Rudelle calls Criteo a Ninja Turtle on the eve of Series D fundraising\" href=\"https:\/\/www.rudebaguette.com\/2012\/09\/26\/ceo-jb-rudelle-calls-criteo-a-ninja-turtle-on-the-even-of-series-d-fundraising\/\">valued at $800M after raising a Series D this summer.<\/a>\u00a0They&#8217;ve also invested in <a title=\"Curation, Creation | Enemies or Friends?\" href=\"https:\/\/www.rudebaguette.com\/2012\/08\/01\/curation-creation-scoopit\/\">Scoop.it<\/a>, as well as <a title=\"Ykone\u2019s Fashion Event FLOW is LeWeb for Fashion\" href=\"https:\/\/www.rudebaguette.com\/2012\/07\/24\/ykone-flow-fashion-event\/\">Ykone<\/a>, which hosts the fashion 2.0 event Flow in Paris each year.<br \/>\nElaia Partners partner <a href=\"https:\/\/www.rudebaguette.com\/tag\/Marie-Ekeland\">Marie Ekeland<\/a> is also co-president of France Digitale, an association comprised of investors &amp; entrepreneurs who lobby the French government in favor of the startup scene. They <a title=\"Rude VC: Pour une France Comp\u00e9titive\" href=\"https:\/\/www.rudebaguette.com\/2012\/09\/25\/pour-une-france-competitive\/\">recently submitted 4 propositions to the government<\/a>, all of which were accepted, including preservation and fortification of the JEI tax status as well as the CIR R&amp;D tax credit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elaia Partners announced this morning a closing of a new 45M\u20ac\u00a0fund, Elaia Alpha. The fund is dedicated to seed stage startups, and while a part of it will be dedicated to investing 500K\u20ac-1M\u20ac tickets to startups raising a seed stage around, there will also be a portion of the fund dedicated to investing smaller tickets<\/p>\n","protected":false},"author":77,"featured_media":64803,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[113],"tags":[8087,9146],"class_list":["post-6490","post","type-post","status-publish","format-standard","has-post-thumbnail","category-finance","tag-elaia-partners-en-2","tag-marie-ekeland-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/6490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=6490"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/6490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/64803"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=6490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=6490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=6490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}