Axeleo Capital is an independent early-stage venture capital firm headquartered in Lyon, France, with an additional office in Paris. Founded in 2017 as a SAS, the firm focuses on backing European startups in B2B software and greentech sectors, providing both capital and hands-on operational support through its operator-led approach and extensive network of over 150 entrepreneurs, experts, and mentors.
The firm manages approximately €300 million in assets under management across multiple funds, including dedicated vehicles for B2B tech and a Green Tech Industry fund targeting industrial decarbonization, biomaterials, energy storage, and sustainable mobility. It invests primarily from pre-seed and seed stages through Series B, with check sizes typically ranging from €500,000 to several million euros, often acting as lead or co-lead investor. Key verticals include enterprise software, cybersecurity, fintech, proptech, and climate technologies such as chemicals, materials, and agriculture.
Axeleo Capital emphasizes impact-driven investing with ESG integration and has completed over 70 investments while achieving more than 20 successful exits. It is supported by institutional limited partners including Bpifrance and Veolia, as well as a community of seasoned tech entrepreneurs. The firm positions itself as a trusted partner for scaling European leaders in digital and green transformations, distinguishing itself through strategic guidance on go-to-market, leadership, and partnerships rather than purely financial involvement.
Also known as AXC.
chemXplore tracks 1 project involving Axeleo Capital, of which one is active.
Axeleo Capital's role on them: Investor / Financier.
1 new construction.
Expected to start operating, per year.
Targeting: Cellulose (1)
Construction starts Q4 2026; plant capacity 10,000 t/y with first commercial volumes in 2028; Series A extended and EU grant bring total funding to €35m.
By country, the most active first.