Korelya Capital
Korelya Capital is a Paris-based venture capital firm managing over EUR 800 million across European tech and consumer funds, serving European founders seeking growth capital and access to Asian markets through its Paris, London, Seoul, and Singapore offices and Asian corporate partnerships.
- Company typePrivate
- Founded2016
- HeadquartersParis, France
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Korelya Capital does
Korelya Capital SAS is a Paris-headquartered venture capital firm founded in 2016 by Fleur Pellerin, former French Minister for SMEs, Innovation and Digital Economy. Structured as a subsidiary of Korelya Groupe and authorized by the AMF (GP-18000003), the firm manages over EUR 800 million across multiple fund vehicles including K-Fund I, K-Fund II (classified Article 8 under SFDR), C-Funds, and the dedicated consumer vehicle Korelya Brands. The firm operates from offices in Paris, London, Seoul, and Singapore, with a wholly-owned Korean entity (Korelya Capital Korea) providing on-the-ground Asian execution capability.
Korelya's investment thesis is thesis-driven, targeting European technology startups — and, through Korelya Brands, premium consumer brands — that seek to scale into Asian markets. The firm positions itself as a bridge between European innovation ecosystems and Asian corporate networks, with strategic ties to Naver, Samsung, SK Hynix, and other major Asian players that participate as both LPs and co-investors. Portfolio of 30+ companies spans mobility (Bolt), fintech (Ramp), generative AI (Mistral AI, Rebellions, DeepIP, Gradium), marketplaces (Vestiaire Collective, Wallapop, Grover), and consumer subscription (Upway, FINN). Notable outcomes include multiple unicorns and the 2025 facilitation of Naver's full acquisition of Wallapop via the K-1 fund at a EUR 600 million valuation.
The firm's revenue model follows standard VC economics: management fees charged on assets under management across fund vintages, supplemented by carried interest from successful exits. Deal flow is sourced through direct outreach, the firm's corporate and VC network, and content publishing on LinkedIn and Medium. Korelya Capital is signatory to UN PRI, member of France Invest and Sista, and was the first French VC awarded the Diversity VC standard in 2020.
Korelya Capital firmographics
Firmographics- Name
- Korelya Capital
- Legal name
- KORELYA CAPITAL SAS
- Website
- https://korelyacapital.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Korelya Capital is a Paris-based venture capital firm managing over EUR 800 million across European tech and consumer funds, serving European founders seeking growth capital and access to Asian markets through its Paris, London, Seoul, and Singapore offices and Asian corporate partnerships.
- Ownership category
- akta.pro rank
Where Korelya Capital is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices4 records
Markets served
Korelya Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Management Fees and Carried Interest: As a venture capital fund manager, Korelya Capital generates revenue through management fees charged on assets under management and carried interest (performance fees) from successful portfolio exits. They manage over EUR 800 million in assets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Korelya Capital product offering
Product offeringCore offering
Korelya Capital is a venture capital investment platform that provides growth-stage equity capital to European technology startups while offering strategic access to Asian markets and corporate networks. The firm manages over EUR 800 million across multiple fund vehicles (K-Fund I, K-Fund II, C-Funds) and a separate consumer-focused fund called Korelya Brands. Portfolio companies receive capital, introductions to Asian corporates such as Naver, Samsung, and SK Hynix, and ongoing operational support from a team based in Paris, London, Seoul, and Singapore.
Product overview
Korelya Capital is a venture capital and investment platform founded in 2016 by Fleur Pellerin, former French Minister for Innovation and Digital Economy. The firm manages over EUR 800 million across multiple fund vehicles (K-Fund I, K-Fund II, C-Funds) and operates as a thesis-driven investor backing exceptional European founders seeking to build global technology champions. The platform provides portfolio companies with growth capital and strategic access to Asian markets through strong ties with leading Asian corporates. Korelya Capital also operates Korelya Brands as a dedicated consumer investment fund focused on premium brands and sustainability.
Differentiator
Problem solved
Functional benefit
Brands
- Korelya Brands: An ambitious European female-led consumer fund dedicated to impact and investment excellence in premium consumer brands and tech enablers, covering fashion, accessories, beauty, personal care, food, beverage, health, wellness, hospitality, leisure, and tech enablers sectors.
Products and services
- Korelya Capital Venture Investment Platform Thesis-driven venture capital investment platform managing over EUR 800 million across multiple fund vehicles (K-Fund I, K-Fund II, C-Funds), providing growth-stage equity capital to European technology startups alongside strategic introductions to Asian corporate networks such as Naver, Samsung, and SK Hynix. Targets mobility, fintech, AI, e-commerce, consumer tech, and deep tech founders building global technology champions.
- Korelya Brands European female-led consumer investment fund dedicated to premium consumer brands and technology enablers, targeting fashion, accessories, beauty, personal care, food, beverage, health, wellness, hospitality, leisure, and tech enablers with a core commitment to sustainability and impact.
Quantifiable outcome
- Over EUR 800 million in assets under management
- +1 more outcomes
Companies that use Korelya Capital
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Korelya Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Korelya Capital partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights6 records
Korelya Capital competitors and assessment
Company assessmentDirect peers
- Atomico: London-based venture capital firm founded by Skype co-founder Niklas Zennström, focused on European technology companies with global ambitions. Directly comparable to Korelya in thesis-driven European tech investing, with similar AUM scale and a similar orientation toward global growth markets.
- Balderton Capital: UK-based early- and growth-stage venture capital firm focused on European technology companies. Directly comparable in sector and stage focus; co-invested with Korelya in DeepIP Series B and has backed European unicorns like Revolut.
- Headline (formerly e.ventures): San Francisco- and Berlin-headquartered venture capital firm investing in early- and growth-stage tech globally with strong European presence. Directly comparable in thesis-driven tech investing; co-invested with Korelya in DeepIP Series B and backed Mistral AI.
- 360 Capital Partners: Paris-based early-stage venture capital firm investing in European deep tech and digital. Comparable as a French/European tech VC; partner Paul Degueuse previously led more than 30 investments at 360 Capital including Ledger and Vestiaire Collective.
Broad incumbents
- Index Ventures: One of the largest European-headquartered venture capital firms with a global mandate. Overlaps with Korelya in European tech investing but operates at much larger scale (>$15B AUM) and broader sector coverage.
- Eurazeo: Paris-headquartered investment company with venture, growth, and private equity funds, including Eurazeo Brands. Comparable as a French investor in European tech/consumer; co-invested with Korelya on Gradium seed and is the prior employer of Korelya Brands Principal Louis Sporrer.
- Bpifrance: French public investment bank with significant venture and growth capital activity in French tech. Comparable as a French institutional investor; multiple Korelya team members (Grégoire Pontoizeau) previously worked at Bpifrance.
- Mubadala Capital Ventures: UAE sovereign-backed venture and growth platform with global tech exposure. Comparable as a global institutional VC; co-led Ramp's $70M Series B with Korelya and operates at a much larger AUM.
Emerging players
- FirstMark Capital: New York-based venture capital firm focused on early- and growth-stage tech. Comparable as a thesis-driven VC participating in similar rounds; co-led Gradium seed with Eurazeo alongside Korelya.
- Serena: Paris-based early-stage AI-focused venture firm founded by Dataiku's Florian Douetteau and Marc Haddad. Comparable as a French AI thesis-driven fund; co-led DeepIP Series B with Korelya.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Korelya Capital social profiles
Digital presenceKorelya Capital compliance and trust
Trust signalCompliance4 records
Korelya Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Korelya Capital leadership team
Management profileNumber of profiles
Profiles18 records
Korelya Capital subsidiaries and ownership
Company hierarchySubsidiaries2 records
Korelya Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Korelya Capital M&A and investment
M&A and investmentM&A
Investments52 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Korelya Capital
What does Korelya Capital do?
Korelya Capital is a venture capital investment platform that provides growth-stage equity capital to European technology startups while offering strategic access to Asian markets and corporate networks. The firm manages over EUR 800 million across multiple fund vehicles (K-Fund I, K-Fund II, C-Funds) and a separate consumer-focused fund called Korelya Brands. Portfolio companies receive capital, introductions to Asian corporates such as Naver, Samsung, and SK Hynix, and ongoing operational support from a team based in Paris, London, Seoul, and Singapore.
Is Korelya Capital a public or private company?
Korelya Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Korelya Capital founded?
Korelya Capital was founded in 2016. It employs 1 to 10 people.
Where is Korelya Capital based?
Korelya Capital is headquartered in Paris, France, in the Europe region.
How does Korelya Capital make money?
One revenue line is on record: management Fees and Carried Interest.
Who are Korelya Capital's main competitors?
Direct peers on record are Atomico, Balderton Capital, Headline (formerly e.ventures) and 360 Capital Partners. Broad incumbents are Index Ventures, Eurazeo, Bpifrance and Mubadala Capital Ventures. Emerging players are FirstMark Capital and Serena.
Does Korelya Capital have an API?
No public API is recorded for Korelya Capital.