Axeleo Capital

Axeleo Capital (AXC) is a Lyon- and Paris-based European early-stage venture capital platform founded in 2017 by Eric Burdier and Mathieu Viallard, managing approximately €300 million across four funds and investing from Seed through Series B in B2B software (enterprise SaaS, cybersecurity, fintech, data & infrastructure), PropTech/ConTech, and GreenTech industry across the EU, with selective exposure to the US. Its flagship B2B Tech vehicle, AXC2, closed at €73 million in 2021, and its most recent fund — the Green Tech Industry I (GTI I) fund targeting €250 million — reached a €125 million first close in late 2024 with backing from Bpifrance, Veolia, and Crédit Mutuel, writing lead checks of €3–10 million into 15–20 industrial decarbonization, renewable energy, biomaterials, and sustainable mobility companies; typical B2B software checks are smaller, generally in the ~$300K–$1.6M range at entry with follow-on reserves. With 70+ investments, 13+ exits, an ESG-integrated mandate, and a hands-on operator network of 150+ entrepreneurs and mentors, AXC is best suited to founders seeking a first institutional lead partner in Europe building category-defining B2B software or capital-intensive green industrial businesses.