Korelya Capital

Korelya Capital is a distinguished Paris-based venture capital firm established in 2016, primarily focused on empowering European technology companies with growth capital and strategic access to global markets. A key differentiator for Korelya is its unique and foundational partnership with Naver, the South Korean internet giant, which serves as a strategic limited partner. This collaboration not only provides significant financial backing but also opens unparalleled doors for portfolio companies to expand into Asian markets, particularly South Korea, fostering international growth and strategic alliances.

The firm's investment strategy targets high-growth European tech startups, typically engaging in Series A through Series C funding rounds. Korelya Capital has successfully raised two significant funds since its inception. Its inaugural fund, launched in 2016, secured €100 million, predominantly from Naver. Building on this success, the firm closed its second fund in 2021, raising an impressive €200 million with continued support from Naver and additional institutional investors like Bpifrance. This brings Korelya Capital's total assets under management to approximately €300 million, underscoring its substantial financial capacity.

Korelya Capital's investment approach is characterized by providing substantial growth capital, with a typical first check size ranging from €5 million to €20 million. This enables them to support companies through critical scaling phases. Their portfolio boasts investments in several high-profile European tech leaders, including blockchain security firm Ledger, metaverse platform The Sandbox, luxury resale marketplace Vestiaire Collective, and fantasy sports game Sorare. These investments highlight Korelya's commitment to backing innovative companies poised for significant global impact and market leadership. The firm aims to deploy its second fund into 15 to 20 promising companies, maintaining a focused and impactful investment strategy.