# Daphni: portfolio, investments and team

> Daphni is a vc firm based in France. 92 investments on record, 25 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/daphni (Millionrounds; every figure on the page links to its filing or article)

France · [Investor](https://millionrounds.com/investors)

# Daphni

Last cheque observed Oct 2026; 92 cheques on record.

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Deploying now New fund $224M, Mar 2025 VC firm

Seed Series A Series B Dna Generalist Spectrometry

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Deploying now

**89%** of best year **25** **cheques in 12 months**, 92 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$8.3M** Cheque size, as they say **$500K – $6.0M** Rounds led **4 of 92** Sole investor **4 rounds** Mostly in **France, 56%**

Pitch Daphni

## Daphni highlights

- 01 25 cheques in the last 12 months
- 02 Mostly Seed and Series A: 63% of its rounds
- 03 Sole investor in 4 rounds, median $4.0M

## What they do

> daphni is a venture capital based in Paris, firm investing in tech startups with a European DNA and a strong international ambition. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $6.0M as they say
- **Stages:** Seed Series A Series B
- **Sectors:** Dna Generalist Spectrometry
- **Based in:** Paris, France
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **92 appearances**

- **2026** 21 rounds
- **Oct** **[Reduck](https://millionrounds.com/company/reduck)** Pre-seed · FR · Pulse 2.0 **$3.0M** *Led*
- **Oct** **[Epyr](https://millionrounds.com/company/epyr)** Series A · FR · Mercom Capital Group **$17M** With 5 others
- **Sept** **[Mallow](https://millionrounds.com/company/mallow)** FR · Maddyness UK **$12M** With 2 others
- **Sept** **[Quartz](https://millionrounds.com/company/quartz)** Pre-seed · GB · Ventureburn **$3.7M** *Led*
- **Jun** **[Astral Systems](https://millionrounds.com/company/astral-systems)** Series A · GB **$30M** With 3 others
- **Jun** **[Rocapine](https://millionrounds.com/company/rocapine)** Series A · FR **$13M** With 3 others
- **Jun** **[Graph Therapeutics](https://millionrounds.com/company/graph-therapeutics)** Seed · AT **$5.0M** With 1 other
- **May** **[vorteX-io](https://millionrounds.com/company/vortex-io)** Series A · FR **$9.9M** With 4 others
- **May** **[Certo](https://millionrounds.com/company/certo)** Seed · US **$4.0M** With 3 others
- **May** **[Lithosquare](https://millionrounds.com/company/lithosquare)** Seed · FR **$25M** With 2 others
- **Apr** **[Sereact](https://millionrounds.com/company/sereact)** Series B · Ventureburn **$110M** With 6 others
- **Apr** **[Generare](https://millionrounds.com/company/generare)** Series A · FR **$23M** With 2 others
- **Mar** **[baCta](https://millionrounds.com/company/bacta)** Seed · FR **$8.2M** With 2 others
- **Mar** **[Ankar AI](https://millionrounds.com/company/ankar-ai)** Venture · GB **Undisclosed** With 3 others
- **Mar** **[Animaj](https://millionrounds.com/company/animaj)** Venture · FR **Undisclosed** With 5 others
- **Mar** **[Piston](https://millionrounds.com/company/piston)** Seed · FR **$3.5M** With 2 others
- **Mar** **[TerraSpark](https://millionrounds.com/company/terraspark)** Pre-seed · LU **$5.8M** With 1 other
- **Mar** **[Ternary Therapeutics](https://millionrounds.com/company/ternary-therapeutics)** Seed · GB **$4.8M** Sole investor
- **Mar** **[Flotte](https://millionrounds.com/company/flotte)** Venture · FR **$3.5M** Sole investor
- **Feb** **[Alpa](https://millionrounds.com/company/alpa)** Pre-seed · GB **$3.4M** With 1 other
- **Jan** **[Moonwatt](https://millionrounds.com/company/moonwatt)** Grant · NL **$1.4M** With 4 others
- **2025** 25 rounds
- **Dec** **[Ankar AI](https://millionrounds.com/company/ankar-ai)** Series A · GB **$20M** With 3 others
- **Nov** **[Albatross AI](https://millionrounds.com/company/albatross-ai)** Seed · CH **$13M** With 2 others
- **Nov** **[Logistica OS](https://millionrounds.com/company/logistica-os)** Pre-seed · DE **$1.7M** With 1 other
- **Nov** **[OWLO](https://millionrounds.com/company/owlo)** Pre-seed · FR **$1.7M** With 1 other
- **Oct** **[Pasqal](https://millionrounds.com/company/pasqal)** Venture · FR **Undisclosed** With 4 others
- **Oct** **[Karavela](https://millionrounds.com/company/karavela)** Venture · FR **Undisclosed** With 3 others
- **Jul** **[NG.Cash](https://millionrounds.com/company/ng-cash)** Series B · BR · LatamList **$27M** With 7 others
- **Jul** **[Kerys Software](https://millionrounds.com/company/kerys-software)** Pre-seed · FR **$7.3M** With 2 others
- **Jun** **[Animaj](https://millionrounds.com/company/animaj)** Growth · FR · Silicon Canals **$85M** With 7 others
- **Jun** **[Kolet](https://millionrounds.com/company/kolet)** Series A · FR · Silicon Canals **$10M** *Led*
- **Jun** **[Relief](https://millionrounds.com/company/relief)** Seed · US **$3.0M** With 4 others
- **Jun** **[Voltfang](https://millionrounds.com/company/voltfang)** Series B · DE **$17M** With 1 other
- **Jun** **[Ever Dye](https://millionrounds.com/company/ever-dye)** Series A · FR **$18M** With 3 others
- **Jun** **[wilgo.ai](https://millionrounds.com/company/wilgo-ai)** Seed · FR **$7.0M** With 4 others
- **May** **[Ankar](https://millionrounds.com/company/ankar)** Seed · GB · Silicon Canals **$3.4M** With 6 others
- **May** **[Tilt Energy](https://millionrounds.com/company/tilt-energy)** Seed · FR **$5.6M** With 3 others
- **Apr** **[Faume](https://millionrounds.com/company/faume)** Series A · FR **$9.0M** With 2 others
- **Mar** **[Moonwatt](https://millionrounds.com/company/moonwatt)** Seed · NL · TechCrunch **$8.4M** *Led*
- **Mar** **[comet](https://millionrounds.com/company/comet)** Venture · FR · Silicon Canals **$11M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **22** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Who backs their funds

## 5 LPs on record in Daphni's funds

- **Funds:** 2

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list and fund news.

- [**Credit Mutuel Arkea** 2 funds](https://millionrounds.com/fund/credit-mutuel-arkea) Fund Vintage Committed Daphni - - Daphni Daphni Blue - -
- [**MAIF** 1 fund](https://millionrounds.com/fund/maif-avenir) Fund Vintage Committed Daphni - -
- [**Bpifrance** 1 fund](https://millionrounds.com/fund/bpifrance) Fund Vintage Committed Daphni Daphni Blue - -
- [**European Investment Fund** 1 fund](https://millionrounds.com/fund/european-investment-fund-eif) Fund Vintage Committed Daphni Daphni Blue - -
- [**Swen Capital Partners** 1 fund](https://millionrounds.com/fund/swen-capital-partners) Fund Vintage Committed Daphni Daphni Blue - -

## What they claim to have backed

From their own portfolio page (on their website)

**30** of 47 we have independently watched raise

[Amilabs](https://millionrounds.com/company/ami-labs)[Animaj](https://millionrounds.com/company/animaj)[Ankar](https://millionrounds.com/company/ankar)[Astralsystems](https://millionrounds.com/company/astral-systems)[Backmarket](https://millionrounds.com/company/back-market)[Bacta](https://millionrounds.com/company/bacta)[Cominty](https://millionrounds.com/company/cominty)[Edumapper](https://millionrounds.com/company/edumapper)[Epigenelabs](https://millionrounds.com/company/epigene-labs)[Epyr](https://millionrounds.com/company/epyr)[Everdye](https://millionrounds.com/company/ever-dye)[Faume](https://millionrounds.com/company/faume)[Flow48](https://millionrounds.com/company/flow48)[Generare](https://millionrounds.com/company/generare)[Karavela](https://millionrounds.com/company/karavela)[Leocare](https://millionrounds.com/company/leocare)[Logbook](https://millionrounds.com/company/logbook)[Modjo](https://millionrounds.com/company/modjo)[Owlo](https://millionrounds.com/company/owlo)[Pasqal](https://millionrounds.com/company/pasqal)[Reduck](https://millionrounds.com/company/reduck)[Sereact](https://millionrounds.com/company/sereact)[Sora](https://millionrounds.com/company/sora)[Starton](https://millionrounds.com/company/starton)[Stockly](https://millionrounds.com/company/stockly)[Swile](https://millionrounds.com/company/swile)[Terraspark](https://millionrounds.com/company/terraspark)[Vortex-io](https://millionrounds.com/company/vortex-io)[Welfaire](https://millionrounds.com/company/welfaire)[Witco](https://millionrounds.com/company/witco) Apply Community access Dema Emperiavr Fifteen Firstmile Hubcycled Kerys Lemrock Members access Memo Neotis Pruna Subscribfy Wilgo Withdouble Zoe

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$224M**

raised in Mar 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$8.3M** the round, not its cheque Alone, median **$4.0M**

Led 4 of 92 rounds **4%**

- **Said size:** $500K – $6.0M
- **Sole investor:** 4 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *25*
- Series A said *25*
- Venture *14*
- Pre-seed *9*
- Series B said *6*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Kima Ventures](https://millionrounds.com/fund/kima-ventures) 19
- [Bpifrance](https://millionrounds.com/fund/bpifrance) 10
- [Founders Future](https://millionrounds.com/fund/founders-future) 8
- [AGORANOV](https://millionrounds.com/fund/agoranov) 6
- [Eurazeo](https://millionrounds.com/fund/eurazeo) 6
- [Index Ventures](https://millionrounds.com/fund/index-ventures) 6

**Pitching Daphni?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Daphni. A count of rooms they were both in, not a relationship either has claimed.

[**Kima Ventures** VC firm **19** rounds together](https://millionrounds.com/fund/kima-ventures)[**Bpifrance** Government **10** rounds together](https://millionrounds.com/fund/bpifrance)[**Founders Future** Accelerator **8** rounds together](https://millionrounds.com/fund/founders-future)[**AGORANOV** Accelerator **6** rounds together](https://millionrounds.com/fund/agoranov)[**Eurazeo** Private equity **6** rounds together](https://millionrounds.com/fund/eurazeo)[**Index Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/index-ventures)[**Motier Ventures** Family office **6** rounds together](https://millionrounds.com/fund/motier-ventures)[**AFI Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/afi-ventures-by-ventech)[**Serena** VC firm **5** rounds together](https://millionrounds.com/fund/serena)[**AENU** VC firm **4** rounds together](https://millionrounds.com/fund/aenu)[**Better Angle** VC firm **4** rounds together](https://millionrounds.com/fund/better-angle)[**Breega** VC firm **4** rounds together](https://millionrounds.com/fund/breega)

## Recently backed

The latest companies Daphni put money into.

[**Epyr** $17M · Oct 2026](https://millionrounds.com/company/epyr)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)[**Astral Systems** $30M · Jun 2026](https://millionrounds.com/company/astral-systems)[**Rocapine** $13M · Jun 2026](https://millionrounds.com/company/rocapine)[**vorteX-io** $9.9M · May 2026](https://millionrounds.com/company/vortex-io)[**Certo** $4.0M · May 2026](https://millionrounds.com/company/certo)

## Mentioned on podcasts

Episodes that name Daphni in their description, not their title.

- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 28 Nov 2016 · 25 min Skyscanner acquired by Ctrip, Latvia's new startup law, spotlight on Agricool and more Mentions [Daphni](https://millionrounds.com/fund/daphni)[Marie Ekeland](https://millionrounds.com/person/marie-ekeland) Apple PodcastsShow page
- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 24 Oct 2016 · 21 min European tech exits in Q3, fresh funding for young VC firms and startups, Adblock Plus and more Mentions [Daphni](https://millionrounds.com/fund/daphni)[K Fund](https://millionrounds.com/fund/kfund)[Martin Varsavsky](https://millionrounds.com/fund/martin-varsavsky) *+1* Apple PodcastsShow page

## Quick answers about Daphni

### What does Daphni invest in?

Daphni invests most often at Seed and Series A (63% of the rounds on record), in sectors such as Dna, Generalist and Spectrometry.

### How active is Daphni?

92 investments on record, 25 of them in the last 12 months, and it led 4. The most recent was in Oct 2026.

### What has Daphni invested in recently?

Its most recent investments on record: Reduck (Pre-seed, Oct 2026), Epyr (Series A, Oct 2026) and Mallow (Sept 2026).

### How big are Daphni's cheques?

The median round it joins is $8.3M. It says it writes cheques of $500K to $6.0M.

### Does Daphni lead rounds?

Sometimes: it led 4 of its 92 investments on record (4%).

### Where does Daphni invest?

Most of the companies it backs are in France (56%), the United Kingdom (18%) and the United States (5%).

### Is Daphni investing now?

Yes: it is actively investing, with 25 investments in the last 12 months.

### Who does Daphni invest alongside?

Most often Kima Ventures (19 rounds together), Bpifrance (10 rounds together) and Founders Future (8 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=daphni) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=daphni)