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Frst is a seed-stage venture capital firm that primarily invests in European entrepreneurs with global ambitions, often as "Day One" investors before a company is fully formed. Their strategy focuses on identifying "great founders" with "Unique Insights" who demonstrate ambition, vision, and execution, with a recent emphasis on early-stage artificial intelligence (AI) startups.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is seed (60% of deals). Average disclosed round size is $23.7M (across 20 rounds with reported amounts).
Portfolio
20
Fund Size
$250M
Top Stage
Seed
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
20 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Spiko | Series A | $22M | Jul 2025 |
| OOrasio | Seed | $16M | May 2025 |
 Parallel | Seed | $3.5M | Apr 2025 |
 Pelikan Mobility | Seed | $4.4M | Mar 2024 |
 Bioptimus | Seed | $35M | Feb 2024 |
 IDA | Seed | $2.9M | Nov 2023 |
 Orus | Series A | $11.6M | Oct 2023 |
| PPoolside AI | Seed | $126M | Aug 2023 |
 Polar Analytics | Series A | $9M | Jul 2023 |
 Escape | Seed | $3.9M | Jun 2023 |
| BBastion Cyber | Seed | $2.8M | Apr 2023 |
| OOneleaf | Seed | $5.1M | Jan 2023 |
 Formance | Pre-Seed | $3.1M | Jun 2022 |
| CCastor | Series A | $23.5M | Jun 2022 |
| CCajoo | Series B | $40M | Sep 2021 |
 Electra | Seed | $15M | Jun 2021 |
 PayFit | Series D | $108M | Mar 2021 |
| CCajoo | Seed | $7.3M | Feb 2021 |
 Pigment | Series A | $25.9M | Dec 2020 |
 Comand AI | Seed | $8.5M | — |
Top Co-Investors
Kima Ventures5 shared
Eurazeo3 shared
Motier Ventures3 shared
Bpifrance3 shared
Expeditions Fund2 shared
XAnge2 shared
Blossom Capital2 shared
Y Combinator2 shared
Headline2 shared
Bpifrance's Large Venture fund2 shared
Founders Fund2 shared
Daphni1 shared
Serena1 shared
Better Angle1 shared
Index Ventures1 shared
Revolut1 shared
Wise1 shared
White Star Capital1 shared
Iris Capital1 shared
Irregular Expressions1 shared
Last updated: 16 April 2026