
Korelya Capital
101 Rue Réaumur, Paris, Ile-de-France, 75002, France
Overview
With offices in Paris, London, Seoul and Singapore, our mission is to broaden the horizon of European technology by providing leading start-ups with the capital for growth and access to Asian markets. Our strong ties with many leading Asian corporates, together with our network in Asian tech ecosystems offer our portfolio companies much more than just capital. Founded in 2016 by Fleur Pellerin, former French Minister for Innovation and Digital Economy, Korelya Capital (a Korelya Groupe company) is an investment platform with over EUR 500 million under management. We back the most ambitious founders in their journey to build global technology champions by sharing our passion, experience and market reach.
- Total investments
- 40
- Lead investments
- 14
- Investments · 12mo
- 4
- Active investors
- 9
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- FINN
Participated · Series D · Jun 2026
FINN operates a multi-brand car subscription service that lets customers subscribe to vehicles fully online with insurance, registration, taxes, and servicing bundled into a single monthly fee and flexible cancellation. The platform features more than 25 brands including BMW, Mercedes-Benz, Hyundai, BYD, and MG. FINN has grown rapidly since its 2019 founding in Munich, reaching over 50,000 active subscriptions and annual recurring revenue of more than €300 million. Reported revenue rose from €3.2 million in 2022 to €444 million in 2024, representing a two-year compound annual growth rate of 1,078%. The company employs roughly 484 people as of 2025 and plans to expand its subscription fleet, improve profitability, and continue enhancing its technology. FINN faces competition from players like Sixt+, Onto, and Free2Move and acknowledges macroeconomic sensitivity given subscription pricing versus traditional leasing.
- Theker
Participated · Series A · Jun 2026
Theker develops AI-native generalist robots designed to operate autonomously and adapt in real time to changing industrial environments. Its technology targets industries such as logistics, retail, food and beverage, and waste management and is being deployed to address labour shortages in manufacturing and retail. The company positions its robots as a new category compared with traditional rigid, task-specific industrial robots. Founded in 2022 and based in Barcelona, Theker has raised €18 million in seed funding and an $85 million Series A. The firm plans to use the new capital to accelerate deployments with industrial operators, deepen its proprietary AI and robotics stack, and expand engineering and deployment teams.
- DeepIP
Led · Series B · Mar 2026
DeepIP offers an end-to-end infrastructure that embeds artificial intelligence into every stage of patent work, from early invention disclosure through enforcement and portfolio evolution. The SaaS platform integrates directly into the existing toolchains of law firms and in-house IP teams, enabling users to adopt AI without changing established processes. Customers report up to 20 % higher adoption rates and 40 % higher usage compared with standalone AI tools. The product has been taken up by prominent firms such as Greenberg Traurig, Mewburn Ellis, Dexcom, and Philips, spanning Europe and the United States. Founded in 2024 by François-Xavier Leduc and Edouard d’Archimbaud (who previously built Kili Technology), DeepIP has grown revenue tenfold over the past 18 months. Management positions DeepIP as the modern, unified operating system for intellectual-property management, aiming to become the category leader in AI-driven patent workflows. To date, the company has secured $40 million in funding to accelerate product expansion and market penetration.
- Rebellions
Participated · Series C · Sep 2025
Founded in 2020, Rebellions designs AI chips focused on inference workloads and outsources manufacturing. The company has released AI infrastructure products named RebelRack and RebelPOD, described as production-ready and scalable inference units. Rebellions has raised $850 million to date and is valued at approximately $2.34 billion after the latest $400 million pre-IPO round. It closed a $124 million Series B in 2024 and a $250 million Series C in November prior to this round. The startup is pursuing aggressive international expansion, having established entities in the U.S., Japan, Saudi Arabia, and Taiwan and aiming to build partner ecosystems with cloud providers, government agencies, telecom operators, and Neoclouds. Management has indicated the company is preparing for an IPO later this year while scaling commercial deployments of its inference infrastructure.
- Hokodo
Led · Equity · Apr 2025
Hokodo offers a digital accounts receivable management platform that enables B2B merchants and marketplaces to provide instant and flexible payment terms. The platform consolidates payments, collections, credit insurance, fraud management and financing to facilitate instant B2B credit across sales channels. The company says its service drives customer growth by making business-to-business credit available across all sales channels. Fueled by growing buyer demand for omnichannel B2B experiences, Hokodo has recently developed new products and features for sales channels beyond online. On April 23, 2025, Hokodo raised €10M in funding. The company intends to use the proceeds to finance product innovation and increase operational capacity in preparation for a Series C round. Hokodo, established in 2018, provides a digital platform that enables B2B buyers across the UK and EU to defer payment by 30, 60 or 90 days and offers modular Pay in Instalments and Pay Now features. The platform streamlines the order-to-cash process, makes credit decisions in real time, protects merchants against bad debt, and offers working-capital finance options. Merchants that integrate with Hokodo see on average a 40% increase in revenues, and the company has processed payments for more than 50,000 business buyers. Hokodo has forged partnerships with BNP Paribas, Citi and SCOR, acquired a Lithuanian payments company in 2023 and became an EMI, and is expanding operations across Europe and North America. With a new €100 million debt facility from Viola Credit, Hokodo will facilitate more than €1.5 billion of B2B transactions over the next 24 months. The financing will support continued roll-out and expansion of its embedded Pay Later and Pay Now offerings for B2B merchants and marketplaces. Hokodo provides Buy Now, Pay Later solutions to the B2B market, enabling business customers to access instant, interest-free payment terms. The company serves merchants via online channels and is developing BNPL solutions for telesales and in-store purchases. Hokodo is a leader in the UK and is actively expanding into continental Europe. Recent merchant onboarding includes Paris Fashion Shops in France and Katoo in Spain, following earlier launches with Ankorstore in Belgium and the Netherlands. The company plans to use new funding to enter additional European markets and to build out new B2B products and channels. Hokodo is led by Louis Carbonnier and Richard Thornton and is pursuing category leadership in B2B BNPL across continental Europe. Hokodo is a fintech that enables B2B merchants to offer instant, B2C-like "Buy Now Pay Later" payment terms through API integrations. Its platform automates the order-to-cash cycle — from credit checks to collections and working-capital finance — and protects merchants against non-payments. Merchants using Hokodo report an average 40% increase in revenue. The company’s solutions are backed by Lloyd’s of London via the Channel Syndicate, a unit of SCOR SE. Hokodo targets a large Western European B2B market (>$12 trillion total, $680 billion online) and estimates a $15 billion revenue opportunity. The firm was founded in 2018 and operates with a team of over 30 people in London and Paris, with plans to double headcount by end of 2021 and grow another 100% in 2022. Hokodo makes invoice insurance accessible to SMEs by enabling protection of single invoices rather than insuring entire turnover. It uses data science and machine learning to underwrite invoice-level risk and distributes products via APIs embedded in accounting, invoicing and sales platforms. The company has developed HokoScore, a proprietary credit-scoring algorithm to help businesses assess client and supplier creditworthiness. Hokodo launched its technology in the UK in October 2018 and has established partnerships with Centrifuge and CountingUp. A €2.0m Horizon 2020 grant will fund launches of invoice protection and HokoScore in France and Germany within 12 months and will support development of two new trade credit products due by the end of 2019. Financially, the company previously raised €2.1m in seed funding led by Anthemis.