In April 2021, Xaviel Niel, an investor and co-founder of Kima Ventures, made a seed investment of €4M along with few other investors in Zefir. In February 2022, Sequoia Capital offered €20M in Series A to Zefir, valuing the French startup at around $132M, according to Dealroom.
With that and many other such deals, Niel has become one of the top investors in Europe. We are seeing a wave of multi-millionaires emerging via deals such as Spotify, TransferWise, and Delivery Hero. However, the path to become an angel investor remains challenging.