About Varsity Ventures
Varsity Ventures is a venture capital firm founded in 2014. It is primarily based out of San Francisco, United States. As of Jul 2026, Varsity Ventures is an active investor, having invested in 6 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in France based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Bohr Energie A lot of funds co-invest with Varsity Ventures, with names like Kima Ventures sharing a substantial percentage of its portfolio. Varsity Ventures has team of 8 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Deals in last 12 months
Varsity Ventures' List of Top Investments
Varsity Ventures has a portfolio of 6 companies. Their most notable investments are in RockFi and C12 Quantum Electronics.Their portfolio spans across France and Spain. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 8 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Varsity Ventures:
1. Quiet
Provider of app publishing, acquisition, and creation services for developers. The company offers support throughout the entire product lifecycle. This includes guidance on product design, ASO, and live operations. It also optimizes user acquisition and monetization strategies. The company looks for developers who want to ideate and bring new products to life.
Key facts about Quiet
- Founded Year: 2022
- Location: Paris (France)
- Stage: Seed
- Total Funding till date: $4.92M
- Employee Count: 26 as on Aug 31, 2026
- Investors: Pareto, Varsity Ventures and 7 Others
- Latest Funding Round: Seed, Oct 14, 2024, $*****
- Highlight: Editors' Pick
2. Bohr Energie
Provider of grid management solutions for power distribution. It offers tools for financial monitoring, performance monitoring, market information, billing and more.
Key facts about Bohr Energie
- Founded Year: 2020
- Location: Toulouse (France)
- Stage: Series A
- Total Funding till date: $15.9M
- Employee Count: 26 as on Aug 31, 2026
- Investors: Grand Sud Ouest Capital, Elevation Capital Partners and 8 Others
- Latest Funding Round: Series A, Jul 08, 2026, $*****
- Highlight: Editors' Pick
3. RockFi
Provider of private wealth management and financial advisory services. The firm delivers tailored strategies, supported by experts, including fiscal lawyers, and patrimonial engineers. The company offers access to a consolidated view of assets and detailed movement history for performance analysis. It provides open architecture with various supports covering asset classes, selecting products to serve strategies.
Key facts about RockFi
- Founded Year: 2023
- Location: Paris (France)
- Stage: Series A
- Total Funding till date: $22.7M
- Employee Count: 82 as on Aug 31, 2026
- Investors: Elevation Capital Partners, Partech Partners and 9 Others
- Latest Funding Round: Series A, Mar 24, 2025, $*****
- Highlight: Editors' Pick
Developer of carbon-based quantum computing hardware using unique qubit connections. It focuses on redefining materials and architecture for quantum hardware. The company aims to address scalability issues associated with other quantum computing approaches. It collaborates with leaders across industries to explore quantum computing applications.
Key facts about C12 Quantum Electronics
- Founded Year: 2019
- Location: Paris (France)
- Stage: Series A
- Total Funding till date: $29.3M
- Employee Count: 83 as on Aug 31, 2026
- Investors: 360 Capital Partners, Verve Ventures and 9 Others
- Latest Funding Round: Series A, Jun 19, 2024, $*****
- Highlight: Editors' Pick
5. Kalipso
Provider of an AI-powered platform for automated regulatory compliance management. The platform identifies applicable laws and regulations, maps obligations to products and services, identifies gaps in policies and procedures, and generates amendments to address those gaps. It automatically scans existing policies and procedures to identify compliance gaps, highlights potential issues, and provides actionable recommendations. The platform covers EU law and national law, including implementation of EU directives, guidelines, and administrative regulations. The AI solutions are built with integrity and transparency, leveraging a proprietary dataset of laws and regulations from government sources. The tool explains its reasoning, providing transparency as to how it arrived at its conclusions.
Key facts about Kalipso
- Founded Year: 2020
- Location: Barcelona (Spain)
- Stage: Series A
- Total Funding till date: $3.2M
- Employee Count: 9 as on Aug 31, 2026
- Investors: Kima Ventures, Plug and Play Tech Center and 4 Others
- Latest Funding Round: Series A, Jun 25, 2026, $*****
Varsity Ventures' Year-on-Year Investment Trends
In 2025, it made 2 investments, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in Kalipso and most recent follow-on round was in Bohr Energie.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 1 | 2 |
2024 | 4 | 0 | 4 |
Varsity Ventures' Investments by Stage
Varsity Ventures has made 3 investments in Seed stage with an average round size of $4.25M and 3 investments in Series A stage with an average round size of $8.57M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 3 |
Note: We have considered here, only first round of investments
Varsity Ventures' Investments by Sector
Varsity Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Chemicals and Materials Tech, Consumer, Energy Tech and Enterprise Infrastructure. Notably, it has invested in 6 Enterprise (B2B) companies, 6 Tech companies, 4 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Chemicals and Materials Tech | 1 |
Consumer | 1 |
Energy Tech | 1 |
Enterprise Infrastructure | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Varsity Ventures' Investments by Geography
Varsity Ventures has made most investments in France (5), followed by Spain where it has made 1 investment.Country | No. of Investments |
|---|---|
France | 5 |
Spain | 1 |
Note: We have considered here, only first round of investments
Varsity Ventures' recent investments
Varsity Ventures has made 2 investments in 2026 so far - Bohr Energie and Kalipso.Here are the most recent investments by Varsity Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 08, 2026 | France | Series A | 8475 | [+5] | |
Jun 25, 2026 | Spain | Series A | 5914 | [+3] | |
May 21, 2025 | France | Seed | 5428 | [+3] | |
Mar 24, 2025 | France | Series A | 3919 | [+2] | |
Oct 14, 2024 | France | Seed | 7823 | [+6] |
Team profile of Varsity Ventures
Varsity Ventures has a team of 8 members including 4 Partners located in France and United States. Varsity Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Varsity Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Paris | - | ||
Partner | Palo Alto | - | - | |
Partner | - | - | ||
Partner | - | - |
Co-investors of Varsity Ventures
Over the past 2 years, 35 investors have co-invested in Varsity Ventures's portfolio companies. This includes funds and angels.
- Invested before Varsity Ventures: Bpifrance, EIC Fund and 4 others have invested in rounds before Varsity Ventures. There is 1 company where Bpifrance has invested before Varsity Ventures and 1 company where EIC Fund has invested before Varsity Ventures.
- Top Co-investors of Varsity Ventures: 22 investors entered a company along with Varsity Ventures. These include investors like Kima Ventures (2 companies).
- Invested after Varsity Ventures: A total of 7 investors have invested in Varsity Ventures's portfolio after their investments. Top Investors include Suma Capital (1 company), IRDI Capital Investissement (1 company) and Credit Agricole (1 company).
Recent News related to Varsity Ventures
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French SaaS Startup Tamtam Raises €3 Million in FundingFrenchWeb•May 21, 2025•TAMTAM AI, Varsity Ventures, Kima Ventures
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Building Next-Generation Quantum Computers: C12 Raises $19.4M in FundingGlobal Village Space•Jun 20, 2024•C12 Quantum Electronics, Varsity Ventures, European Innovation Council, Verve Ventures and 6 others
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Paris-based fintech RockFi raises €3M just three months after its official launchSilicon Canals•Apr 23, 2024•RockFi, Varsity Ventures
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