EuropIA Capital (EIAC) launched officially on Thursday 14th of April at the World Artificial Intelligence Cannes Festival ! President Emeritus of the Sophia Business Angels, Jean-Louis Brelet is the president of EAIC, the brand-new association that combines a new Business Angels club and an investment fund. Innovation in artificial intelligence being the focal point, EAIC was present at the first edition of the WAICF, where the official announcement was made next to Marco Landi, President of EuropIA Institute, Jacques Meler, copresident of France Angels and top partners. EuropIA Capital responds to the much-needed demand of early stage (seed funding) investment with the Business Angels club doing average investments of €500.000-€1M; which would be followed by the series A rounds of €1M-€2M done by the fund. The goal for fundraising is set at €100M, which is planned to do 30 investments, mostly series A. EuropIA Capital is set to become one of the most specialist funds on the European market within the AI space, backed by industry and university experts.