Singular, a Parisian VC Firm, Secures $435M for its Second Fund
For a VC firm, the second fund is a make-or-break moment.
First, after raising €225 million for its initial fund ($245 million at today’s exchange rate), Singular managed to raise €400 million for the second fund.
Second, all the investors who participated in the first fund are back as limited partners in the second fund — this is a good signal.
This wasn’t an obvious outcome for the VC firm, as it’s been a wild ride over the past two or three years in venture capital.
Building a big European VC fundUnlike many VC firms based in Paris, Singular has been investing in European startups from day one.
