Korelya Capital

Korelya Capital is a Paris, France-headquartered European-Asian bridge venture capital firm founded in 2016 by Founding and Managing Partner Fleur Pellerin (former French Minister of Culture and Communication under President Francois Hollande 2014-2016; and previously French Minister Delegate for Small and Medium-sized Enterprises, Innovation and Digital Economy 2012-2014; Korean-born and adopted by French parents; ENA and Sciences Po alumna). The firm was established with strategic anchor backing from Naver Corporation (the South Korean internet giant, owner of Korea's dominant search portal Naver and messaging platform Line), explicitly structured to support European technology start-ups expanding into Asian markets (particularly South Korea and Japan) and selectively the reverse direction. Korelya has raised multiple institutional funds (K-Fund 1 at EUR 100 million with Naver as anchor LP in 2017, K-Fund 2 at EUR 200 million in 2020, K-Growth at EUR 250 million in 2023) with aggregate AUM exceeding EUR 500 million. The firm invests across consumer internet, enterprise SaaS, fintech, marketplaces, and adjacent European growth-stage technology themes with typical check sizes in the EUR 10 to 30 million range at Series B and Series C. Notable portfolio companies include Vestiaire Collective, Swile, ManoMano, Comet, Shippeo, Contentsquare, Devialet, Believe Digital (Euronext-listed), Glovo, and numerous other European technology growth companies.