First Growth Ventures

The firm targets Seed and Start-up rounds, positioning itself as the first institutional capital into pre-revenue technology companies. Public record shows no mandate drift into Series A or later-stage vehicles. This makes the firm a pure-play Seed investor within the French venture ecosystem.

Available evidence indicates an exclusively direct-investment model. The firm has not been associated with fund-of-funds activity, secondary transactions, or LP commitments to external general partners. Allocators seeking blended exposure should note this singular strategy.

The capital base has not been publicly disclosed. As a Paris-based private equity manager focusing on early-stage technology, the firm likely draws from European institutional investors, family offices, and high-net-worth individuals — but no specific limited partners have been identified through public filings or firm communications.

The firm operates from a single office in Paris and concentrates on French startups. There is no public evidence of dedicated international offices or funds. This domestic focus reflects the localized sourcing networks critical to Seed-stage investing, where proximity to founders and early-stage ecosystems drives deal origination.

The firm's stage purity — exclusive Seed and Start-up focus without growth-equity or buyout activity — distinguishes it from multi-stage managers in the Paris market. However, without disclosed AUM, fund sizes, or portfolio names, direct comparability to competitors like Kima Ventures, Alven, or daphni remains constrained.