Kerala Ventures

Kerala Ventures is a prominent early-stage venture capital firm based in Paris, France, dedicated to investing in promising technology startups. Established with a clear focus on the French ecosystem, the firm primarily targets companies in their Seed and Pre-Seed stages. Its investment thesis centers on identifying innovative businesses leveraging technology across various sectors, aiming to provide not just capital but also strategic support to foster growth.

The firm's investment strategy is sector-agnostic within the tech realm but shows a strong preference for scalable models such as Software-as-a-Service (SaaS), marketplaces, and companies utilizing artificial intelligence (AI) and data-driven solutions. They also explore tech-enabled services that disrupt traditional industries. Kerala Ventures typically deploys initial cheques ranging from €100,000 to €1.5 million, translating to approximately $108,000 to $1,620,000 based on recent exchange rates. This flexible ticket size allows them to support a diverse range of early-stage ventures, from nascent ideas to those with initial traction.

Since its inception, Kerala Ventures has demonstrated significant growth in its capital base, reflecting its increasing influence in the French startup scene. The firm successfully raised Kerala Ventures I, a €20 million fund, followed by Kerala Ventures II at €40 million, and most recently, Kerala Ventures III, a substantial €70 million fund. This progression underscores their commitment to long-term investment in the ecosystem. With over 60 companies in its portfolio, including notable names like Brigad, Indy, and Lifen, Kerala Ventures has built a robust track record of backing innovative French tech companies. Beyond capital, the firm emphasizes providing hands-on operational support, leveraging its extensive network and expertise to help founders navigate the challenges of early-stage growth and scale their businesses effectively.