<aside> đź’ˇ Bleu Capital is an evergreen venture fund, which gives us a permanent capital base and a longer investment horizon than traditional VC funds.
Sniper strategy: We keep our portfolio concentrated to maximize our support capacity.
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Overview:
We invest in 2-4 companies per year, focusing on the climate and manufacturing verticals. We run a concentrated and high-conviction portfolio to maximize our support capacity to founders and achieve diversification through fund-of-fund investments. Our ideal direct investment is at the Pre-seed to Series A level, with 1 happy paying customer. Our investment tickets range from 150K to 500K. We invest both in the US and Europe.
Our thesis: At Bleu Capital, we seek to fund the companies unlocking sustainable progress at scale.
We focus on the systems of production and distribution behind our economy to achieve that goal.
Quick litmus test: If this company is successful, will humankind experience sustainable progress at scale? Will the company scale thanks to improved unit economics relative to the pre-existing status-quo?
Examples in portfolio: La Vie (consumer) Tekyn (network effects), Hubcycle (software layer), For Days (user experience).
After 5 years dedicated to shaping the future of commerce, Bleu Capital is now focusing on championing companies with a sustainability agenda.
The next great human challenge (after industrialization, softwarization…) is to rebuild the systems underpinning the modern economy to achieve a stable and sustainable climate.
Our objective is to finance the key components that both businesses and consumers can seamlessly integrate into their operations and lifestyles, thereby fostering sustainable consumption.
Consider this the essential infrastructure of a more sustainable and efficient consumption model: Companies that not only unlock eco-friendly business practices by addressing complex challenges, but also ensure their solutions are commercially viable. These businesses smooth the path towards sustainability in our daily lives.
We are drawn to complex problems because they pave the way for robust and enduring competitive edges (MOAT) over time. Companies that are true winners with a genuine impact will strive to untangle these difficult knots. This leads to product-driven advantages in untapped, expansive markets where competition is less fierce and venture capital is harder to come by, resulting in increased efficiency. After all, there are no established playbooks here - it's new territory waiting to be claimed.