Frst

Frst is a prominent Paris-based venture capital firm dedicated to backing a new generation of French entrepreneurs with significant global aspirations. Established with a clear focus on the earliest stages of company development, Frst primarily invests in pre-seed and seed rounds, aiming to support founders from their initial ideas through their first significant growth milestones. The firm distinguishes itself by its deep commitment to the French tech ecosystem while fostering an international outlook for its portfolio companies.

The firm's investment strategy is sector-agnostic but shows a strong inclination towards disruptive technologies and business models. Frst actively seeks opportunities in areas such as B2B SaaS, artificial intelligence, deep tech, fintech, and the future of work, identifying companies that leverage cutting-edge innovation to solve complex problems. Their approach involves not just capital injection but also active support, leveraging their network and expertise to help portfolio companies scale beyond France and compete on a global stage.

Frst manages a substantial capital base, having successfully raised two funds. Their first fund closed at €60 million in 2020, followed by a larger second fund of €100 million in 2023, bringing their total assets under management to approximately €160 million. This capital allows Frst to write initial checks typically ranging from €500,000 to €2,000,000, with the flexibility to participate in larger seed rounds up to €3,000,000. This strategic deployment of capital enables them to be a lead investor in promising early-stage ventures and provide crucial funding for their initial growth phases.

With a portfolio of over 50 companies, Frst has established itself as a key player in the French venture landscape. They are known for their founder-centric approach, providing hands-on support and strategic guidance to help startups navigate the challenges of early-stage development and achieve international expansion. Their commitment to fostering innovation and supporting ambitious founders solidifies their position as a vital partner for emerging tech companies in France.