After a meteoric success in recent years, Vauban has just been acquired by Carta, the American heavyweight of the sector. An exceptional exit for the two friends from the South of France, who agreed to be interviewed by OpenVC for 1 hour.
You might think you’re fundraising, but what you’re actually doing is throwing a pool party. Venture funding dynamics in the Seed Phase have evolved differently than venture capital at Series A and beyond. A Seed fund would almost never take the whole round, even if it could.