What investment strategy does Aliad Venture Capital focus on?

Aliad Venture Capital focuses on VC strategies in the private equity space.

How many portfolio companies does Aliad Venture Capital have?

Aliad Venture Capital has 20 active portfolio companies and 3 completed exits and 1 fund tracked on GP Intel.

Where is Aliad Venture Capital headquartered?

Aliad Venture Capital is headquartered in Paris, France.

What is Aliad Venture Capital's assets under management?

Aliad Venture Capital manages approximately €100M in assets under management.

What sectors does Aliad Venture Capital invest in?

Aliad Venture Capital invests across Energy, Healthcare, Software, Industrials.

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Aliad Venture Capital

Paris, France·

Venture Capital

·airliquide.com

ALIAD (Air Liquide Venture Capital) is the strategic venture capital fund of Air Liquide, established in 2013. It invests in and supports innovative technology startups by acquiring minority equity stakes, focusing on climate tech,…Read full bio

AUM

€100M

Funds

Portfolio

Exits

SectorsEnergyHealthcareSoftwareIndustrials

Key facts

HQParis, France

Websiteairliquide.com

Recent exits

Waga Energy

Energy · 2025

CARMAT

Healthcare · 2021

Inpria

Deep Tech · 2021

Coverage notes

1 fund tracked, 23 portfolio companies (20 active · 3 realized). Verified weekly from public filings and deal announcements.

About Aliad Venture Capital

ALIAD (Air Liquide Venture Capital) is the strategic venture capital fund of Air Liquide with €100 million of assets under management, established in 2013 and headquartered in Paris. The fund invests in and supports innovative technology startups by acquiring minority equity stakes, focusing on climate tech, healthcare and industrial gas-adjacent technology innovation aligned with Air Liquide's strategic priorities.

Investment thesis

ALIAD targets European and global startups across climate technology, healthcare innovation and industrial technology verticals adjacent to Air Liquide's core industrial gas business. The corporate VC structure provides strategic relationships with Air Liquide business units supporting portfolio company commercial development across industrial gas distribution, healthcare and selective adjacent markets. Equity tickets vary by stage and strategic alignment with Air Liquide group priorities.

Recent activity

Recent realised exits include Waga Energy (energy, 2025), reflecting selective distribution across the corporate VC portfolio. The platform tracks a single dedicated fund vehicle, 20 active portfolio companies and 3 realised exits across the multi-vintage Air Liquide corporate VC programme. Detailed buyer names and multiple data available on Pro at €49/month.