- Axeleo Green Tech Industry I will invest in European industrial startups dedicated to the ecological transition
- With this fund, Axeleo is planning on making 15 to 20 investments across Europe with lead tickets ranging from €3 million to €10 million in sectors such as energy, agriculture and food and mobility
- In conjunction with the fundraising, Axeleo has named Sandra Dubos as investment director
Axeleo Capital, an early-stage French venture capital firm, has raised €125 million in the first close of its inaugural green tech industry fund, according to a blog post on the VC firm’s site. The target is €250 million.
Axeleo Green Tech Industry I will invest in European industrial startups dedicated to the ecological transition.
The fund’s investors include Révolution Environnementale et Solidaire fund, backed by Crédit Mutuel Alliance Fédérale’s societal dividend, Bpifrance and the Fonds National de VentureIndustriel managed by Bpifrance on behalf of the French government.
With this fund, Axeleo is planning on making 15 to 20 investments across Europe with lead tickets ranging from €3 million to €10 million in sectors such as energy, agriculture and food and mobility.
The fund has already made its first investment– Brittany-based start-up Sweetch Energy, which specializes in osmotic energy solutions.
“Following the success of our Software B2B strategies, the launch of GTI marks a significant step in our growth. In line with our values and our entrepreneurial DNA of supporting founders, this fund allows us to address a field of major innovations around decarbonization, green technologies and the renewal of industrial sectors in Europe,’ said Eric Burdier and Mathieu Viallard, co-founders of Axeleo Capital in a statement.
In conjunction with the fundraising, Axeleo has named Sandra Dubos as investment director.
Founded in 2017, Axeleo has nearly €300 million in assets under management.
- Axeleo Green Tech Industry I will invest in European industrial startups dedicated to the ecological transition
- With this fund, Axeleo is planning on making 15 to 20 investments across Europe with lead tickets ranging from €3 million to €10 million in sectors such as energy, agriculture and food and mobility
- In conjunction with the fundraising, Axeleo has named Sandra Dubos as investment director
Axeleo Capital, an early-stage French venture capital firm, has raised €125 million in the first close of its inaugural green tech industry fund, according to a blog post on the VC firm’s site. The target is €250 million.
Axeleo Green Tech Industry I will invest in European industrial startups dedicated to the ecological transition.
The fund’s investors include Révolution Environnementale et Solidaire fund, backed by Crédit Mutuel Alliance Fédérale’s societal dividend, Bpifrance and the Fonds National de VentureIndustriel managed by Bpifrance on behalf of the French government.
With this fund, Axeleo is planning on making 15 to 20 investments across Europe with lead tickets ranging from €3 million to €10 million in sectors such as energy, agriculture and food and mobility.
The fund has already made its first investment– Brittany-based start-up Sweetch Energy, which specializes in osmotic energy solutions.
“Following the success of our Software B2B strategies, the launch of GTI marks a significant step in our growth. In line with our values and our entrepreneurial DNA of supporting founders, this fund allows us to address a field of major innovations around decarbonization, green technologies and the renewal of industrial sectors in Europe,’ said Eric Burdier and Mathieu Viallard, co-founders of Axeleo Capital in a statement.
In conjunction with the fundraising, Axeleo has named Sandra Dubos as investment director.
Founded in 2017, Axeleo has nearly €300 million in assets under management.
