Description
Yellow is a pre-seed venture capital firm that operates across Europe — including France (often associated with Paris), Spain, Italy, and Portugal — focused on backing ambitious early-stage founders with capital, strategic guidance, and network support. It was launched by experienced startup builders and investors, including founders from Glovo and ex-Atomico personnel, aiming to fill a historically underserved pre-seed funding gap in Southern Europe.
Pre-Seed (Core Focus)
- Yellow specializes in pre-seed investments — the earliest institutional capital stage — to help founders move from prototype/first customers toward scalable business and later fundraising.
- The firm’s mission is to support bold, disruptive ideas across both B2B and B2C sectors without requiring founders to already have strong traction data.
Investment / Funding Model
Check Size / Investment Range
- Yellow typically writes tickets in the €200K–€500K range into pre-seed rounds, partnering with other investors rather than acting as sole lead.
- Its initial fund (reported at ~€30M) was raised quickly and deployed in stealth investments to support early founders across Europe.
Equity Taken
- Like most venture capital firms, Yellow negotiates equity on a per-deal basis as part of these pre-seed financings. There’s no publicly disclosed fixed percentage that Yellow takes across all investments — ownership stakes are determined as part of each term sheet with founders and co-investors.
Equity / Ownership Structure
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Equity Taken: Yes — Yellow invests capital in startups and takes equity in return.
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Ownership Percentage: Not publicly set; negotiated per company based on valuation, round size, and co-investor dynamics.
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Instrument Types: Generally priced equity rounds or standard venture capital instruments at the pre-seed stage.
Application / Submission Method
How to Engage
- Yellow does not run a standard accelerator application portal like a cohort accelerator.
- Founders typically connect via warm introductions, network referrals, or direct outreach based on relevance, traction, and alignment with Yellow’s investment thesis.
- Pitching is usually done through deal flow channels, founder introductions, or VC events in the European ecosystem.