Clover raises €30M to become the go-to investor for work and education startups
French entrepreneur Samuel Tual has launched Clover, a €30 million early-stage evergreen fund designed to support startups focused on the future of work and education. This initiative aims to address the rapidly evolving digital landscape, providing crucial investment and strategic support to innovative companies. The fund's focus highlights the growing importance of technology in reshaping employment and educational models. Clover plans to make 20 to 30 investments annually, deploying checks ranging from €100,000 to €200,000 at the Pre-Seed and Seed stages. The fund has already invested approximately €1 million since May, with a third of this committed in the United States, targeting areas such as AI, productivity tools, and workplace health. This highlights the fund’s ambition to become a leading investor in the work and education sectors across Europe and the US. This fund will impact early-stage startups in the work and education sectors, providing essential capital and strategic guidance. It will also help to accelerate the adoption of new technologies, particularly AI, which is expected to drive significant productivity gains globally. The initiative's emphasis on supporting founders indicates a shift towards a more collaborative approach to venture capital. Clover’s launch occurs amid economic uncertainty in France, with the national AI initiative aiming for 100% adoption of AI in large corporations by 2030. This context underscores the urgency of innovation and the need for investments to avoid falling behind in the global technology race.
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