What investment strategy does Blisce focus on?

Blisce focuses on Growth, VC strategies in the private equity space.

How many portfolio companies does Blisce have?

Blisce has 15 active portfolio companies and 8 completed exits and 3 funds tracked on GP Intel.

Where is Blisce headquartered?

Blisce is headquartered in PARIS, France.

What sectors does Blisce invest in?

Blisce invests across Consumer, Software, Healthcare, Business Services, Energy, TMT.

What are Blisce's recent exits?

Recent realized exits by Blisce include: Brut (2025) to CMA CGM; DICE (2025) to Fever; Imperfect Foods (2023) to Misfits Market; Bird (2021) to NYSE (BRDS); Pinterest (2019) to NYSE (PINS); Spotify (2018) to NYSE (SPOT); Stadium Goods (2018) to Farfetch; Teads (2017) to Altice.

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Blisce

PARIS, France·Founded 2018·

Growth Equity Venture Capital

·blisce.com

blisce/ is a Paris and New York-based growth venture capital firm founded in 2013 that invests in mission-driven global consumer brands and technology companies, emphasizing sustainability and social responsibility. It is the first B Corp-certified growth venture capital fund in the EU and has raised funds including a $250 million second fund and a €150 million climate-focused VC fund.

AUM

–

Funds

vintages 2014–2023

Portfolio

Exits

Blisce is a PARIS growth equity firm with 15 active companies and 8 exits.

SectorsConsumer Software Healthcare Business Services Energy TMT

Key takeaways

·4 exits in the last 5 years · consistent DPI cadence.
·Average hold across 8 realized deals: 4 years.
·Fund cadence: ~5Y between vintages · last raise 2023.

Sector breakdown

23 companies

TMT

4 · 17%

HealthTech

3 · 13%

Consumer

3 · 13%

AI/ML

2 · 9%

FoodTech

2 · 9%

Fintech

1 · 4%

Cloud Infrastructure

1 · 4%

Healthcare

1 · 4%

Geography breakdown

6 geographies

10 · 43%

France

8 · 35%

Sweden

2 · 9%

Germany

1 · 4%

Denmark

1 · 4%

Key facts

HQPARIS, France

Founded2018

Websiteblisce.com

Recent exits

Blisce sold Brut to CMA CGM in 2025 after 6 years.

Blisce sold DICE to Fever in 2025 after 6 years.

Blisce sold Imperfect Foods to Misfits Market in 2023 after 2 years.

Blisce took Bird public in 2021 after 3 years.

Coverage notes

3 funds tracked, 23 portfolio companies (15 active · 8 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Blisce has raised, with its portfolio companies. Hand-checked from public filings.

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Blisce Fund II

VC2023€250M9 assets1 exits

2023 · 3yr

€250M

Unrealized

9 held

Company	Entry
Almetra (Deltia) AI/ML · Germany	2026
Ami Labs AI/ML · France	2026
Empower (Tilt) Fintech · US	2022
evroc Cloud Infrastructure · Sweden	2024
Local Infusion Healthcare · US	2023
Reforest'Action ClimateTech · France	2024
Talkiatry HealthTech · US	2023
Too Good To Go FoodTech · Denmark	2023
Welcome to the Jungle HR Tech · France	2019

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Imperfect Foods FoodTech · US	2021	2023	Trade Sale	Misfits Market	–

Blisce Fund I

VC2019€183M2 assets2 exits

2019 · 7yr

€183M

Unrealized

2 held

Company	Entry
Headspace HealthTech · US	2020
Sorare Gaming · France	2021

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Brut TMT · France	2019	2025	Trade Sale	CMA CGM	–
DICE E-commerce · UK	2019	2025	Trade Sale	Fever	–

Blisce Deal-by-Deal

Growth2014€80M4 assets5 exits

Growth

2014 · 12yr

€80M

Unrealized

4 held

Company	Entry
Candid HealthTech · US	2018
Harry's Consumer · US	2015
Lokki Hospitality · France	2019
Wecasa Consumer · France	2016

Realized

5 exits

Company	Entry	Exit	Type	Buyer	MOIC
Bird Mobility · US	2018	2021	IPO	NYSE (BRDS)	–
Pinterest TMT · US	2014	2019	IPO	NYSE (PINS)	–
Spotify TMT · Sweden	2014	2018	IPO	NYSE (SPOT)	–
Stadium Goods Consumer · US	2017	2018	Trade Sale	Farfetch	–
Teads TMT · France	2015	2017	Trade Sale	Altice	–

About Blisce

blisce/ is a Paris and New York-based growth venture capital firm with €250 million of assets under management as of December 2024, founded in 2013. The firm invests in mission-driven global consumer brands and technology companies emphasising sustainability and social responsibility, and is the first B Corp-certified growth venture firm globally, positioning blisce as a sustainability-aligned growth investor.

Investment thesis

blisce/ targets global mission-driven consumer brands and technology companies at growth equity stage, with sector focus on consumer products, marketplace platforms, digital media and selective enterprise software. The B Corp certification embeds sustainability and social responsibility into investment criteria, requiring demonstrable ESG performance alongside commercial growth metrics. Equity tickets typically range from €10 million to €40 million per transaction depending on stage.

Recent activity

Recent realised exits include Brut (TMT, 2025) and Imperfect Foods (consumer, 2023), reflecting active distribution across the consumer technology portfolio. The platform tracks 3 funds, 10 active portfolio companies and 6 realised exits across the multi-vintage sustainable growth VC programme.

Frequently asked questions

What investment strategy does Blisce focus on?: Blisce focuses on Growth, VC strategies in the private equity space.
How many portfolio companies does Blisce have?: Blisce has 15 active portfolio companies and 8 completed exits and 3 funds tracked on GP Intel.
Where is Blisce headquartered?: Blisce is headquartered in PARIS, France.
When was Blisce founded?: Blisce was founded in 2018.
What sectors does Blisce invest in?: Blisce invests across Consumer, Software, Healthcare, Business Services, Energy, TMT.
What are Blisce's recent exits?: Recent realized exits by Blisce include: Brut (2025) to CMA CGM; DICE (2025) to Fever; Imperfect Foods (2023) to Misfits Market; Bird (2021) to NYSE (BRDS); Pinterest (2019) to NYSE (PINS); Spotify (2018) to NYSE (SPOT); Stadium Goods (2018) to Farfetch; Teads (2017) to Altice.