Axeleo Capital, an impartial French enterprise capital agency, has introduced the primary closing of its new €125 million Inexperienced Tech Business I fund. The fund is backed by three main buyers: the Révolution Environnementale et Solidaire fund, Bpifrance, and the Fonds Nationwide de Enterprise Industriel (FNVI).
Based in 2017 and with almost €300 million in property underneath administration, AXC is taking a brand new step ahead by positioning itself to change into one of many main gamers in Europe within the financing of business innovation and is pursuing its VC technique of creating thematic funds.
A brand new technique supported by a multidisciplinary crew
Immediately, financing the primary amenities of business and progressive start-ups lacks assets and specialised gamers able to addressing their distinctive industrial and business dangers.
On the initiative of Guillaume Sarlat and Marc Lechantre, this ‘Inexperienced Tech Business I’ fund is inherently impact-driven and categorised as Article 9, aiming to finance progressive and resilient inexperienced applied sciences in Europe. By combining monetary and industrial experience, the objective is to offer start-ups and their founders with decisive assist on the crucial stage of building their first amenities and scaling up their operations.
Guillaume has over 20 years of expertise in tech and Greentech as an funding banker and investor. Marc spent greater than 16 years within the automotive business with the Stellantis group, in roles spanning manufacturing, technique, and worldwide administration.
With the operational involvement of Mathieu Viallard, co-founder of Axeleo Capital, the GTI I crew was not too long ago joined by Sandra Dubos as Funding Director. With a level in biochemistry, Sandra has over 15 years of expertise in tech, together with six years in enterprise capital, notably in deep tech, chemistry, and healthcare.
A European ambition for the Greentech business
With a ultimate goal of €250 million, GTI I goals to make 15 to twenty investments in Europe, with lead tickets starting from €3 million to €10 million throughout sectors reminiscent of vitality (new renewable energies, storage, and so on.), chemical compounds and supplies (biomaterials, plastics recycling, and so on.), agriculture and meals (bio-based fertilisers and pesticides, and so on.), and mobility (electrical motors, decarbonisation of air and sea transport, and so on.).
Eric Burdier and Mathieu Viallard, co-founders of Axeleo Capital acknowledged: “Following the success of our Software program B2B methods, the launch of GTI I represents a serious step within the improvement of our administration firm. In keeping with our values and our entrepreneurial DNA of supporting founders, this fund permits us to handle a subject of main improvements round decarbonisation, inexperienced applied sciences, and the renewal of business sectors in Europe.”
Guillaume Sarlat and Marc Lechantre stated: “With your complete Axeleo Capital crew, we’re delighted with this primary closing, which permits us to behave now. The assist of our sponsors and buyers, whom we thank for his or her confidence, reinforces our collective ambition to contribute to the emergence of tomorrow’s European and inexperienced industrial sectors.”
