Komai Capital

Komai

We invest at pre-seed, often before anyone else, and stay involved through your next round.

Pre-seed and seed investing in France. Cheques of €200K to €3M from a €50M first fund.

€50M
Fund I
€200K–€3M
First cheque
3
Companies backed so far
Dijon
Investing across France

We look for founders who have worked on the problem themselves, often inside the industry they now sell to. We're happy to invest before there's much traction, and after the round closes we help with hiring, go-to-market and the next raise.

Where we look

01

AI & machine learning

Companies whose product is built on AI models, and the tools and data those products depend on.

In the portfolio Spectrela
02

Health

Care delivery and diagnostics, including telemedicine and mental health.

In the portfolio Septerix
03

B2B software

Software that businesses and institutions, schools included, use to run their day-to-day work.

In the portfolio Abeqx

What we look for

You don't need all four. Most companies we back are strong on two and working on the rest.

  1. 1
    You know the customer

    You've worked in the industry or on the problem long enough to know who pays and why.

  2. 2
    People are using it

    At pre-seed, a live product and early users. At seed, revenue growing month on month.

  3. 3
    A clear use for the money

    How much you're raising, and where it gets the company by the next round.

  4. 4
    Based in France

    Usually a French SAS, with most of the team here.

What you get besides money

One partner runs your process from the first call to close and keeps working with you after it. Our partners have built companies themselves, so the help is practical.

Hiring

We help write the role, find candidates through people we know, and sit in on senior interviews if you want.

Pricing and go-to-market

Working sessions on who to sell to first, what to charge and how to reach those buyers.

Your next raise

Deck reviews, practice pitches and introductions to follow-on investors we know personally.

Customers

Introductions to companies in our network that could buy what you sell.

The full list is on Founder help.

AI and cloud credits for every company we back

How it works
OpenAI
Anthropic
Microsoft Azure
AWS
Google Cloud

Two ways in

Compare the programs

Pre-seed

For founders with a working prototype or early users and a clear view of the problem. We can be your first institutional investor.

Cheque
€200K to €500K
Our role
Lead or co-lead

Seed

For companies with paying customers that need capital and help to grow the team and reach more of their market.

Cheque
€1M to €3M
Our role
Alongside a lead

Portfolio

Meet the founders
Spectrela

Data infrastructure for AI

AI & machine learningPre-seed
Septerix

AI-powered psychiatry over telemedicine

HealthPre-seed
Abeqx

Digital school records with an AI engine

B2B softwarePre-seed

From pitch to close

  1. 01
    You pitch

    A deck and a few lines, through the form below or the full application.

  2. 02
    We reply

    Within two weeks, whether it's a yes to a call or a no.

  3. 03
    First call

    About 45 minutes with a partner, on the problem and your customers.

  4. 04
    Decision

    A few weeks later. The same partner stays with you the whole time.

  5. 05
    After the close

    We start on hiring, go-to-market, credits and the next raise.

You won't be building alone

When we invest, you join the founders we've already backed. As the portfolio grows, they'll meet once a month to compare notes on hiring, pricing and fundraising. When you need someone who has done the job before, we introduce you to operators from our network.

Visit the ecosystem
SpectrelaAI & machine learning
SepterixHealth
AbeqxB2B software

People

We built and sold companies before we started investing.

[Partner Name]Founding Partner
[Partner Name]General Partner
[Name]Principal

Questions founders ask us

What stage do you invest at?

Pre-seed and seed. Our first cheque is usually €200K to €500K at pre-seed and €1M to €3M at seed.

Which sectors do you cover?

AI and machine learning, health, and B2B software. If your company sits between these, send it anyway.

Where do your companies need to be based?

France. We invest in French companies, usually incorporated as an SAS, with most of the team based in France.

Do you lead rounds?

We lead or co-lead pre-seed rounds and join seed rounds alongside a lead investor. When we lead, we usually take a board seat.

Do I need a warm introduction?

No. Use the form below. A partner reads every pitch.

How long until I hear back?

We reply to every pitch within two weeks. If we want to go further, one partner runs the process from the first call to a decision, which takes a few weeks.

Do you help with AI and cloud costs?

Yes. Every company we back gets help applying for startup credits from OpenAI, Anthropic, Microsoft Azure, AWS and Google Cloud.

Pitch us

A deck and a few lines on what you're building are enough. For the full application, go to Apply.

Pitch sent successfully.

Thanks. A partner will read it and reply within two weeks.

Early cheques for French companies in AI, health and B2B software.

Investing alongside us

Funds and angels who want to join our rounds or lead the next one can write to the partners directly.

partners@komaicapital.com

Already a Komai founder?

Message your partner, post in the portfolio founders' Slack, or write to the founders inbox.

founders@komaicapital.com

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