Axeleo Capital (AXC)

France
Pre Seed
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About Axeleo Capital (AXC)

Axeleo Capital (AXC) is a venture capital firm based in France, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionFrance
Funding StagePre Seed
Industry Focus
Saas

Investor Signals Profile

active

Sweet Spot

Deep-tech founders decarbonising industrial processes at Series A-B

greentech
industrial decarbonisation
deep-tech
energy transition
thermal energy storage
critical raw materials

Bullish Signals

Axeleo rebranding April 2026 signals growthwebsite
Portfolio diversity: Digital, Urbantech, Cybersecurity addedwebsite
Publishing quarterly indices (Urbantech, Cybersecurity)website
Linkup raised $10M Seed, AI-native platformwebsite
Sopht Series A €7.5M validates AI-IT thesiswebsite
5th deal in Greentech Industry fundexternal
Leading £10M Seed roundexternal
BBC-covered portfolio deployment liveexternal
Co-invests with Bayern Kapital, Scottish Enterpriseexternal
Backing university spin-outs (Edinburgh)linkedin
Gas crisis = industrial heat thesis validatedlinkedin
World-first 30MWh deployment milestonelinkedin
Heat up to 1200°C — rare tech capabilitylinkedin
Energy sovereignty angle added to thesislinkedin

Contrarian Signals

Expanding beyond greentech signals fund diversificationwebsite
Heavy hardware — long capital cyclesexternal
Industrial clients = slow sales cyclesexternal
Multi-geography ops early (Bavaria office)linkedin

Founder Do's

Spin-out or research-backed technology
Hardware with modular deployment approach
Real-world pilot already live
Industrial heat / energy focus
Europe-based, scalable globally

Founder Don'ts

Pure software, no hard-tech angle
No working prototype or deployment
Consumer-facing business models

Key GPs & Partners

GS
Guillaume Sarlat
Partner
greentech-focuseddeep-techindustrial
VC
Victor Chamfeuil
Partner
greentech-focuseddeep-tech
ML
Marc Lechantre
Partner
greentechindustrial
MV
Mathieu Viallard
Partner
greentechdeep-tech
SD
Sandra Dubos
Team
greentech
VA
Victor Angot
Team
greentech
VL
Virginie Lucchini
Team
greentech
BC
Bastien Couasnon
Team
greentech

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Fund Overview

Fund Size€125M
Saves0

Key People

Eric Burdier

Guillaume SarlatPartner
Victor ChamfeuilPartner
Marc LechantrePartner
Mathieu ViallardPartner
Sandra DubosTeam
Victor AngotTeam
Virginie LucchiniTeam
Bastien CouasnonTeam

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