Hi everyone and welcome to vc family!
The inclusive way to break into Venture Capital. We are Junior VCs sharing what they learn on the go. Our goal is simple: Open the doors to Venture Capital.
Every Friday, you will find us in your email box with the news of the week in Venture Capital, the latest fundraisings and acquisitions, internship and position offers, the portrait of a VC and many others. For more information about us, visit vcfamily.co
“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb
On the agenda:
📰 Extra! Extra! Weekly news
🚀 Fundraisings, acquisitions and IPOs of the week
😍 VC of the week: Amélie Faure
🔎 Internship and job offers
🎁 The Gift
📰 Extra! Extra! Weekly news
💸 You might soon trade (almost) whatever you want on Lydia ! As the 5.5 million users of the French unicorn will be able to do, you might buy and sell shares, ETFs, precious metals and cryptocurrencies, all with very low fees.
🏭 It’s Industry Week ! As industrial field suffers from a lack of attractiveness for young people, the French Ministry of the Economy is using the theme of "the sustainable future" to raise awareness and fill 70,000 jobs in the sector.
🚁 Walmart is taking on Amazon in the drone delivery market. If you live in Arkansas, you might just get your groceries delivered to your home by air, as Walmart announced its partnership with start-up DroneUp to compete with Prime Air.
🚨 Tougher regulations for GAFAM. The European Parliament accepts the Commission's proposal to regulate GAFAM in the European internal market. There will be no ban on targeted advertising, but very strong regulation will be applied, which could be a big loss for the world's biggest economic players.
🚘 Internal bug leads to nightmare for Tesla’s customers. Thousands of users have been left unable to open and start their cars due to an internet server problem that has rendered Tesla's smartphone app used for this function unusable.
🚀 Fundraisings, acquisitions and IPOs of the week
🩺 MoonPay (Series A): Less than three years after its creation, MoonPay has raised $555M, making it one of the biggest fundraisers of the year in Europe. The company, now valued at $3.4 billion, offers a multitude of services around crypto: buying crypto currency, exchange platform, infrastructure for NFTs, etc. Around the table are Tiger Global Management, Coatue Management, Blossom Capital and Thrive Capital.
💰 Leocare (Series B): French neo-insurance company Leocare is raising €110M to recruit 150 people and expand in Southern Europe in 2022. The start-up, which offers motorbike, car, home and smartphone insurance, intends to diversify its offer with new money. The American company Eight Roads is taking a stake in the company, followed by traditional French investors: Daphni, Felix Capital and Ventech.
📑 365Talents (Series A): The Lyon-based company raises €10M and welcomes two new investors, IXO Private Equity and Citizen Capital. Specialising in human resources, and more specifically skills and career management, 365Talents claims 200,000 users today and is aiming for 10 million in 5 years.
✨ Find all the fundraising of the week from 500k€ on this Airtable!
😍 VC of the week: Amélie Faure
This week we present you the portrait of Amélie Faure, Operating Partner at Serena. She is not a VC as such, but this is an opportunity to talk about the other jobs that revolve around the profession of investor in a VC fund.
Originally trained as an agricultural engineer, Amélie Faure is a software industry enthusiast, and an eternal lover of entrepreneurship.
In 1990, she co-founded GénériX, an ERP company. Between 2004 and 2009, she was CEO of Pertinence, a software company specializing in industrial process optimization. In all, she has been COO and CEO of 4 startups, lead an IPO, live through 6 rounds of fundraising, and 2 IPOs.
"I spend a few minutes every morning looking at the flowers in my garden to clear my head and to concentrate before getting on my motor bike." she says in an interview for Bpifrance.
But what does she do at the VC fund Serena if she is not a "VC"? She provides operational expertise to portfolio companies to maximize the value of investments. She is in charge of providing operational support to the 30 portfolio companies at Serena. She is now the Executive Chairman of Launchmetrics' Board.
If you want to learn more on her role at Serena, she writes about her day-to-day work in this medium blog.
She is also both a board member of PME Finance, an association that brings together all the players in the financing of small and medium-sized enterprises, and an independent board member at Bpifrance.
🔎 Internship and job offers
Soon you will find a complete section to find job and internship offers in Venture Capital, automatically scrapped and available directly on our website.
Early Metrics - VC Analyst Full-Time (Paris) 👉 Apply here
Shapr Ventures - VC Analyst Intern (Paris) 👉 Apply here
Early Metrics - VC Analyst Intern (Paris) 👉 Apply here
Chausson Finance - Intern Analyst VC Fundraising (Paris) 👉 Apply here
🎁 The Gift
📸 You don’t know at all how to use Photoshop? And you really need a clean picture for your brand new resume (😉 to the last gift) ? We got your back!
✨ Remove.bg allows you to erase the background of all your photos for free and in a few seconds, thanks to AI! Say goodbye to that horrible photobomb 👋
Thank you for reading the vc family newsletter to the end. See you next week directly in your email box!
If you have any questions or ideas, send them to contact@vcfamily.co!