Korelya Capital is a venture capital and private equity firm investing in digital European companies that is headquartered in Paris, France and was founded in 2016 by Antoine Dresch and Fleur Pellerin. Notable companies receiving investments from Korelya Capital include: Showpad, Get Your Guide, Glovo, Bitfury, Kayrros, Oh BiBi, Memrise, Taxify, Team Vitality, and Ledger. The firm focuses investments in digital industries such as artificial intelligence, internet of things (IoT), and big data.
On September 29, 2016 Korelya Capital announced successfully raising €200 million for their K-Fund 1. Notable contributors to K-Fund 1 are Never and Line each contributed €50 million each, and Korelya Capital will work closely with the two companies to identify and help develop European startup companies by connecting them with European and Asian investors. Korelya Capital plans on using the K-Fund 1 to invest in machine learning, deep learning, and the internet of things (IoT).
Snips is a Paris-based artificial intelligence for voice recognition platform developer founded by Rand Hindi, Maël Primet and Michael Fester.