Daphni

daphni is a Paris-based venture capital firm founded in 2015 that invests in early-stage European startups at the Seed and Series A stages. The firm operates three active funds: Daphni Blue (€260M, closed January 2026), a generalist fund focused on science-driven deep tech across biology, chemistry, physics, mathematics, and the life sciences; Dastore, a dedicated digital retail fund run in partnership with Carrefour; and Time4, a 2026-launched fund backing founders from underrepresented backgrounds across all industries. Typical check sizes range from €500K to €10M, with up to €20M reserved for follow-on investments in high-conviction companies. The portfolio includes notable exits and unicorns such as Back Market, Swile, and Pasqal, spanning over 100 investments to date. Daphni is B Corp certified and emphasizes sustainability and positive social and environmental impact as core investment criteria. Founders can submit pitches directly through the firm's online application portal.