Serena is a venture capital fund founded and led by former entrepreneurs, with over 50% of the team being battle-tested operators rather than pure financiers, and operates a distinctive dual Investment-Operating engine where a full Operating Team of serial entrepreneurs steps in after each investment with a structured methodology for operational value-creation. The fund maintains the Serena Squad, a structured community of 500+ founders and C-level executives from portfolio companies that serves as an execution platform, and has built a multi-fund architecture around transitions including one of France's first AI-focused funds and an impact seed fund with formal weighted impact-metric systems.