Frst is an early-stage venture capital firm that invests at pre-seed and seed in French and European startups, often before a company has a team, product, or legal incorporation. Frst's Twitter Score is 4.0 out of 1000 as of July 2026, ranking #210,297 among 531,432 tracked accounts.
Frst was co-founded by Pierre Entremont and Bruno Raillard, who had previously invested together through Otium Venture before launching the firm in 2019. Operating as Frst Capital, the firm is accredited by France's Autorité des marchés financiers under number GP-19000001. Since inception, the firm has deployed $200m into 70 companies, and those companies have collectively raised $3.5b.
Frst is currently investing through its third fund, Frst 3, which raised $100m in 2023. At the time of its June 2023 announcement, the fund had reached €72 million toward a stated €100 million upper limit, with planned deployment over four years into approximately 30 companies. Limited partners in Frst 3 include the European Investment Fund, Fonds National d'Amorçage 2 managed by Bpifrance under France 2030, AXA Venture Partners, Isomer Capital, and founders of companies including PayFit, Owkin, and Shippeo. At the time of that announcement, one of Frst 3's first four investments was in crypto.
Frst is affiliated with Le Crypto Fellowship, a program it jointly operates with Fabric Ventures to develop a new generation of Web3 entrepreneurs in Europe. Across two seasons, the program supported 30 technical participants with €100k each for a year; when a participant forms a company, the program receives a 7% stake and may invest an additional €700k under predefined terms to reach 20% ownership.
Frst's portfolio includes Narval, OnlyDust, Spiko and Clos3t.
Who follows Frst on X?
The accounts that follow Frst include 24 founders, 8 angel investors, 3 influencers and 6 VCs. Among them are Tommy, Seedphrase, Vinay, Richard Muirhead, Jalak Jobanputra and Bryan Kim. Frst has been mentioned by 18 accounts, with 26 total mentions. Frst has published 80 posts since joining in 2018, with 1,906 followers as of July 2026 on the platform.