Organization · Micro VC
Bear Flag Capital
Bear Flag Capital is an early-stage investment organization based in Paris, focusing on pre-seed and seed stage companies in sectors like technology and climate. It is led by Louis Berlan and has a portfolio that includes notable startups such as Syntetica.
Overview
What Bear Flag Capital does
What Bear Flag Capital is
Bear Flag Capital is an early-stage investment organization based in Paris, focusing on pre-seed and seed stage companies in sectors like technology and climate. It is led by Louis Berlan and has a portfolio that includes notable startups such as Syntetica.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Micro VC
- Founded
- Founded in 2018
- Approximate age
- About 8 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find Bear Flag Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Bear Flag Capital as a funder
Investment thesis
Bear Flag Capital focuses on investing in early-stage technology companies, particularly in the software, consumer products, and healthcare technology sectors.
Focus narrative
Bear Flag Capital invests in sectors including software, consumer products, and healthcare technology. The organization primarily targets early-stage companies in North America, seeking to partner with founders who are driving innovation and change in their respective fields.
Value beyond capital
Bear Flag Capital provides strategic support and resources to its portfolio companies, leveraging its network and expertise to help startups navigate the challenges of early-stage growth. The firm is dedicated to fostering innovation and sustainability in the technology sector.
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- North AmericaEurope
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 4
Portfolio context
Notable portfolio companies include: Sonder: A hospitality company that offers fully furnished apartments for short-term stays. Grove Collaborative: An e-commerce platform that sells eco-friendly household products. Figma: A web-based app that allows users to collaborate on design projects in real-time. Syntetica: A French nylon recycling startup that raised €4.2M in a seed round to scale its innovative recycling technology.
Common questions
What to know about Bear Flag Capital
Upseed classifies Bear Flag Capital under the Micro VC organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.