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Elaia DeepTech Seed Fund III

Geography
France
Stage
Pre-Seed
Fund size
€134M
Focus
AI/ML, Biotech, Cybersecurity and Deep Tech
Signals
Published
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N°01 / About

About Elaia DeepTech Seed Fund III

Doubled from DTS1/DTS2 (~€77M each), 12% above revised €120M target. €1B+ AUM across all vehicles. Deep research institution partnerships with PSL, INRIA, CNRS, Max Planck Foundation. Three pillars: computing, industry, and life sciences. Exit to Eli Lilly (Mablink).

N°02 / Thesis

Investment Focus

Location / RegionFrance
Funding StagePre-Seed
Industry Focus
AI/ML
Biotech
Cybersecurity
Deep Tech
Robotics & Automation
Semiconductors

Investor Signals Profile

active

Sweet Spot

European scientist-founder in quantum, biotech, robotics, or advanced computing at pre-seed

deep-tech
pre-seed/seed
hard-science
research-institution-spinouts
european-tech-sovereignty
frontier-AI-integration
physical-AI
industrial-robotics
full-stack-support
lab-to-leadership

Bullish Signals

DTS3 closed at €134M, 12% above target, with 11 companies already backedblog
Mablink acquired by Eli Lilly — proven exit track record in hard scienceblog
Flexible €1–13M check range allows leading pre-seed or seed outrightblog
Research institution partnerships create structural deal flow moat generalists can't replicateblog
Portfolio spans quantum, robotics, biotech; strong founder relations and community buildinglinkedin
Direct access to Google DeepMind, Anthropic, OpenAI, AWS, NVIDIA networkslinkedin
Co-hosts physical AI and industrial robotics events with NVIDIA, Eurazeosocial
Portfolio includes Everyday Robots, Boston Dynamics, Dexory, mimic — robotics leaderssocial
Full-stack support from lab inception to pre-IPO leadership stagewebsite
Combines scientific expertise with sharp business acumen at all stageswebsite

Contrarian Signals

Larger fund size increases deployment pressure and valuation discipline riskblog
Hard science takes longer to liquidity — not for return-hungry LPsblog
Explicitly not chasing software or AI venture narrativesblog

Founder Do's

Emerge from or have formal ties to European research institutions like PSL, INRIA, or CNRS
Build at pre-commercial stage — Elaia explicitly backs before incorporation
Focus on validated science with clear large commercial market intersection
Be prepared for Elaia's domain-deep technical diligence — not advisor-outsourced
Navigate IP and technology transfer structures early — Elaia actively helps with this
Tap into Elaia's direct relationships with Google DeepMind, OpenAI, AWS, Anthropic, NVIDIA
Engage with Elaia's active robotics and physical AI community and events
Expect full-stack support from inception through pre-IPO leadership building

Founder Don'ts

Don't pitch software or AI-wrapper plays — this fund backs hard science only
Don't expect fast liquidity timelines — fund is built for long-duration deep tech bets
Don't come without validated science — commercial potential must be grounded in research

27 signals on Elaia DeepTech Seed Fund III

10 bullish · 3 contrarian · 8 pitch do's · 3 don'ts · 3 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size€134M
Saves0
Website
LinkedIn
People

Key People

Xavier Lazarus, Anne-Sophie Carrese, Samantha Jerusalmy

Xavier LazarusManaging Partner
Anne-Sophie CarresePartner
Vincent FaberPartner
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