Varsity Capital

Overview

Varsity Capital is a Paris-based venture capital firm that focuses on early-stage investments in European startups. The firm was founded in 2023 by Didier Valet, a former deputy CEO at Société Générale, and Kamel Zeroual and Florent Thomas, both former investors at Serena Capital. Varsity Capital has raised €70 million for its first fund and plans to invest between €1 million and €5 million in each startup, aiming to support approximately 30 companies across Europe. The firm's limited partners include French public bank Bpifrance, MACSF, Sogécap, and Elevation Capital Partners. The firm's investment strategy targets sectors such as fintech, healthtech, climate tech, and enterprise software. Varsity Capital seeks to partner with innovative tech entrepreneurs from all over Europe, providing them with the necessary resources and expertise to scale their businesses. The firm has already invested €15 million in five companies, demonstrating its commitment to fostering growth in these key industries. Varsity Capital's team leverages extensive experience in the startup ecosystem to identify and support high-potential ventures. By combining financial backing with strategic guidance, the firm aims to propel its portfolio companies into the portfolios of leading early-stage VCs worldwide, thereby contributing to the broader European startup landscape.

Investment Focus

• Innovative technology solutions
• Scalable business models
• Strong founding teams with a clear vision

Portfolio Companies