Intuition VC Launches €15M Early Stage Fund For Consumer and Culture Sector
- Intuition, a new VC in Paris, focuses exclusively on consumer tech.
- General partners Hugo AmsellemDealroom has a profile for this one. Try Dealroom → (former Jellysmack, The Family employee) and Etienne BoutanDealroom has a profile for this one. Try Dealroom →(ex-professional basketball player, Heex TechnologiesDealroom has a profile for this one. Try Dealroom → co-founder) lead Intuition.
- Intuition's initial fund is €15 million, investing in consumer startups in Europe and the U.S.
- Venture partners include Axel ToupaneDealroom has a profile for this one. Try Dealroom → (NBA champion), Eliott KessasDealroom has a profile for this one. Try Dealroom →, and Erika BatistaDealroom has a profile for this one. Try Dealroom →.
- Intuition's investment strategy highlights a current gap in consumer tech investments, deemed risky due to difficulty in generating revenue and dominance by major companies like Meta, ByteDance, and Snap.
- Intuition plans investments between €100,000 and €500,000 in over 40 companies at pre-seed or seed stages.
Source: TechCrunch
B.O