Elaia Partners
Elaia Partners, founded in 2002 and based in Paris, is a European venture capital firm specializing in digital and deep tech startups. It manages over €700 million and invests from early-stage to growth development, supporting tech disruptors with capital and active partnership.
AUM
€850M
Funds
11
vintages 2003–2026
Portfolio
101
Exits
62
Elaia Partners is a Paris venture capital firm with €850M AUM, 101 active companies and 62 exits.
Key takeaways
- ·33 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 62 realized deals: 5 years.
- ·Fund cadence: ~2Y between vintages · last raise 2026.
Sector breakdown
163 companiesData & Analytics
21 · 13%
Cybersecurity
20 · 12%
HealthTech
17 · 10%
AI/ML
16 · 10%
Biotech
16 · 10%
Software
14 · 9%
SaaS
11 · 7%
ClimateTech
6 · 4%
Geography breakdown
9 geographiesFrance
125 · 77%
Spain
12 · 7%
US
9 · 6%
UK
6 · 4%
Germany
4 · 2%
Israel
3 · 2%
Belgium
2 · 1%
Lyon, France
1 · 1%
Key facts
Coverage notes
11 funds tracked, 163 portfolio companies (101 active · 62 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Elaia Partners has raised, with its portfolio companies. Hand-checked from public filings.
11 funds
Fund
Strategy
Vintage
Size
Assets
Exits
Elaia DV5VC2026€120M5 assetsVC2026 · 0yr€120M5–
Unrealized
5 held| Company | Entry |
|---|---|
| Descartes&Mauss Data & Analytics · France | 2024 |
| Doccla HealthTech · UK | 2024 |
| Linkup AI/ML · US | 2026 |
| Mitiga Solutions ClimateTech · Spain | 2024 |
| Nosopharm Biotech · Lyon, France | 2019 |
DTS3VC2024€134M21 assets1 exitsVC2024 · 2yr€134M211
Unrealized
21 held| Company | Entry |
|---|---|
| Biophta Biotech · France | 2024 |
| dottxt AI/ML · France | 2024 |
| Dunia ClimateTech · Germany | 2024 |
| Enodia Therapeutics Biotech · France | 2026 |
| Fentech Data & Analytics · France | 2023 |
| FlexAI Cloud Infrastructure · France | 2024 |
| GetVocal AI AI/ML · France | 2025 |
| H AI AI/ML · France | 2024 |
| hema.to MedTech · Germany | 2023 |
| HEPHAISTOS-Pharma Biotech · France | 2024 |
| Mimic Robotics Industrials · US | 2025 |
| NcodiN Deep Tech · France | 2024 |
| Nijta AI/ML · France | 2024 |
| Phospho Data & Analytics · France | 2024 |
| Pixacare HealthTech · France | 2024 |
| Proxima Fusion ClimateTech · Germany | 2025 |
| Qbeast Data & Analytics · Spain | 2023 |
| Streambased Data & Analytics · UK | 2025 |
| SurgAR HealthTech · France | 2024 |
| Vertesia AI/ML · France | 2024 |
| Zymvol Biotech · Spain | 2023 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Greenbids AdTech · France | 2023 | 2025 | Trade Sale | Perion Network | – |
Elaia DV4VC2021€200M19 assets6 exitsVC2021 · 5yr€200M196
Unrealized
19 held| Company | Entry |
|---|---|
| CodeNotary Cybersecurity · US | 2020 |
| Cyrebro Cybersecurity · Israel | 2022 |
| Djust E-commerce · France | 2021 |
| Ekinnox Biotech · France | 2020 |
| iBanFirst Fintech · France | 2020 |
| Indeez InsurTech · UK | 2022 |
| LynxCare HealthTech · Belgium | 2022 |
| NANO Corp Cybersecurity · France | 2021 |
| ncScale Cybersecurity · France | 2022 |
| PricingHUB SaaS · France | 2020 |
| SandboxAQ Cybersecurity · US | 2022 |
| SESAMm Fintech · France | 2023 |
| Seyna InsurTech · France | 2022 |
| Splio SaaS · France | 2023 |
| Sun Zu Lab Fintech · France | 2022 |
| Syos Software · France | 2020 |
| Tabnine Data & Analytics · Israel | 2023 |
| TakeTurns SaaS · France | 2022 |
| Tilak Healthcare HealthTech · France | 2022 |
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Elevo HR Tech · France | 2021 | 2025 | Trade Sale | Assessio Group | – |
| Enso Security Cybersecurity · Israel | 2022 | 2023 | Trade Sale | Snyk | – |
| Holded SaaS · Spain | 2020 | 2021 | Trade Sale | Visma | – |
| Shipup SaaS · France | 2020 | 2022 | Trade Sale | Global Blue | – |
| The Hotels Network SaaS · Spain | 2020 | 2025 | Trade Sale | Lighthouse | – |
| Vibe.co Software · US | 2022 | 2026 | Trade Sale | Walmart | – |
Elaia Alpha IIVC2020€77M27 assets7 exitsVC2020 · 6yr€77M277
Unrealized
27 held| Company | Entry |
|---|---|
| Alice & Bob Deep Tech · France | 2022 |
| Arsen Cybersecurity · France | 2022 |
| Aviwell Biotech · US | 2022 |
| Azalea Vision Biotech · Belgium | 2021 |
| Continuity InsurTech · France | 2021 |
| Corporatings Data & Analytics · France | 2022 |
| Dexory Logistics · Germany | 2021 |
| Dilepix Biotech · France | 2020 |
| Eyepick HR Tech · France | 2020 |
| Giskard AI/ML · France | 2022 |
| HarfangLab Cybersecurity · France | 2021 |
| Hummink Industrials · France | 2020 |
| i-Virtual HealthTech · France | 2021 |
| InHEART HealthTech · France | 2020 |
| Kheops Data & Analytics · France | 2022 |
| MyC HealthTech · France | 2021 |
| Namla Cloud Infrastructure · France | 2022 |
| OGO Security Cybersecurity · France | 2022 |
| Olympe.legal AI/ML · France | 2021 |
| Pixyl HealthTech · France | 2021 |
| Primaa Biotech · France | 2020 |
| QantEv InsurTech · France | 2020 |
| Quantum Dice Cybersecurity · UK | 2022 |
| Ryax Data & Analytics · France | 2020 |
| Sereema Software · France | 2020 |
| Spectral TMS HR Tech · France | 2020 |
| Therapixel HealthTech · France | 2020 |
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Golaem Data & Analytics · France | 2020 | 2024 | Trade Sale | Autodesk | – |
| Logpickr AI/ML · France | 2020 | 2022 | Trade Sale | iGrafx | – |
| Mablink Bioscience Biotech · France | 2021 | 2023 | Trade Sale | Eli Lilly | – |
| Nuclia Data & Analytics · Spain | 2021 | 2025 | Trade Sale | Progress Software | – |
| Quortex Telecom · France | 2020 | 2022 | Trade Sale | Synamedia | – |
| Sonio HealthTech · France | 2022 | 2024 | Trade Sale | Samsung Medison | – |
| Twinlife Cybersecurity · France | 2020 | 2022 | Trade Sale | France en Ligne / Skyrock | – |
Elaia Endowment FundVC2020€5M5 assetsVC2020 · 6yr€5M5–
Unrealized
5 held| Company | Entry |
|---|---|
| Institut Analgesia HealthTech · France | 2020 |
| Predilepsy HealthTech · France | 2021 |
| Pyronear AI/ML · France | 2021 |
| QBio JRC Biotech · France | 2022 |
| Sensation Quantique HealthTech · France | 2022 |
PSL Innovation FundVC2018€76M5 assets6 exitsVC2018 · 8yr€76M56
Unrealized
5 held| Company | Entry |
|---|---|
| Aqemia Biotech · France | 2019 |
| Luxurynsight Data & Analytics · France | 2024 |
| Moments Lab AI/ML · France | 2019 |
| Pili ClimateTech · France | 2019 |
| Sancare Software · France | 2018 |
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Case Law Analytics AI/ML · France | 2019 | 2023 | Trade Sale | LexisNexis | – |
| Cosmian Cybersecurity · France | 2019 | 2025 | Trade Sale | Atos | – |
| Gleamer HealthTech · France | 2018 | 2026 | Trade Sale | RadNet | – |
| Mailclark SaaS · France | 2017 | 2020 | Trade Sale | Sendinblue | – |
| PocketStudio Data & Analytics · Canada | 2019 | 2022 | – | – | – |
| Power Design Technologies Software · France | 2017 | 2021 | Trade Sale | Gamma Technologies | – |
Elaia Delta FundVC2017€150M11 assets11 exitsVC2017 · 9yr€150M1111
Unrealized
11 held| Company | Entry |
|---|---|
| Armis AdTech · France | 2018 |
| Cien AI/ML · Spain | 2019 |
| Eikosim Data & Analytics · France | 2019 |
| HyVibe Deep Tech · France | 2018 |
| Inato Biotech · France | 2017 |
| iQspot ClimateTech · France | 2018 |
| Mirakl SaaS · France | 2019 |
| Ornikar EdTech · France | 2018 |
| SeqOne HealthTech · France | 2019 |
| Sim&Cure Biotech · France | 2019 |
| Traefik Labs Cloud Infrastructure · France | 2017 |
Realized
11 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Easyrecrue HR Tech · France | 2017 | 2020 | Trade Sale | iCIMS | – |
| ForePaaS Cloud Infrastructure · France | 2017 | 2022 | Trade Sale | OVHcloud | – |
| Geoblink Data & Analytics · Spain | 2018 | 2024 | Trade Sale | Mytraffic | – |
| Heuritech AI/ML · Spain | 2019 | 2024 | Trade Sale | Luxurynsight | – |
| Hyperlex LegalTech · France | 2019 | 2022 | Trade Sale | DiliTrust | – |
| KMTX Software · France | 2017 | 2022 | Trade Sale | Seedtag | – |
| Lybero Cybersecurity · France | 2019 | 2024 | – | – | – |
| Openio Cloud Infrastructure · France | 2017 | 2020 | Trade Sale | OVHcloud | – |
| Realytics Data & Analytics · France | 2017 | 2022 | Trade Sale | smartclip (RTL) | – |
| Stanley Robotics Mobility · France | 2017 | 2024 | Trade Sale | HL Robotics | – |
| Volterra Cybersecurity · US | 2018 | 2021 | Trade Sale | F5 Networks | – |
Elaia DV3VC2014€80M6 assets8 exitsVC2014 · 12yr€80M68
Unrealized
6 held| Company | Entry |
|---|---|
| Adomik AdTech · France | 2013 |
| Agriconomie AgTech · France | 2015 |
| Marfeel AdTech · Spain | 2013 |
| PandaCraft Software · France | 2015 |
| Shift Technology InsurTech · France | 2016 |
| Talent.io HR Tech · France | 2015 |
Realized
8 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Carnet de Mode E-commerce · France | 2013 | 2017 | Trade Sale | BAGORA | – |
| Cook Angels Software · France | 2014 | 2018 | Trade Sale | Norac | – |
| Edoki Academy EdTech · France | 2015 | 2021 | Trade Sale | Groupe Bayard | – |
| SAS Agriconomie Software · France | 2016 | 2023 | Trade Sale | PPx | – |
| Teads AdTech · France | 2013 | 2017 | Trade Sale | Altice | – |
| Tinyclues AI/ML · France | 2015 | 2023 | Trade Sale | Splio | – |
| Ykone Software · France | 2014 | 2018 | Trade Sale | aufeminin | – |
| Zenchef SaaS · France | 2013 | 2022 | Secondary | PSG Equity | – |
Elaia Alpha FundVC2012€45M1 assets5 exitsVC2012 · 14yr€45M15
Unrealized
1 held| Company | Entry |
|---|---|
| Minos Biosciences Biotech · France | 2013 |
Realized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Argosim DevTools · France | 2016 | 2019 | Trade Sale | Dassault Systèmes | – |
| C-Radar (DataPublica) Data & Analytics · France | 2014 | 2017 | Trade Sale | Sidetrade | – |
| Cryptosense Cybersecurity · France | 2014 | 2022 | Trade Sale | SandboxAQ | – |
| Mediego Software · France | 2016 | 2019 | Trade Sale | Welcoming Group | – |
| Niland AI/ML · France | 2013 | 2017 | Trade Sale | Spotify | – |
Elaia DV2VC2008€35M1 assets9 exitsVC2008 · 18yr€35M19
Unrealized
1 held| Company | Entry |
|---|---|
| Wyplay Software · France | 2008 |
Realized
9 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Agnitio Cybersecurity · Spain | 2007 | 2017 | Trade Sale | Nuance | – |
| Climpact-Metnext ClimateTech · France | 2009 | 2017 | Trade Sale | Weathernews | – |
| ePawn Deep Tech · France | 2012 | 2016 | Trade Sale | Starbreeze | – |
| Goom Software · US | 2009 | 2014 | – | – | – |
| LogLogic Cybersecurity · US | 2009 | 2012 | Trade Sale | TIBCO Software | – |
| NTR Global SaaS · Spain | 2008 | 2012 | Trade Sale | ASG Software Solutions | – |
| Orchestra Networks Data & Analytics · France | 2007 | 2018 | Trade Sale | TIBCO Software | – |
| Scoop.it SaaS · France | 2007 | 2018 | Trade Sale | Linkfluence | – |
| Sensorly Data & Analytics · France | 2012 | 2016 | Trade Sale | Mosaik Solutions | – |
Elaia VenturesVC2003€30M0 assets9 exitsVC2003 · 23yr€30M09
Realized
9 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Calendra Cybersecurity · France | 2003 | 2005 | Trade Sale | BMC Software | – |
| Criteo Data & Analytics · France | 2006 | 2013 | IPO | – | – |
| Digital Healthcare HealthTech · UK | 2005 | 2013 | Trade Sale | EMIS Group | – |
| Exaprotect Cybersecurity · France | 2006 | 2009 | Trade Sale | LogLogic | – |
| InforSense Data & Analytics · UK | 2005 | 2009 | Trade Sale | IDBS | – |
| Jware Fintech · France | 2005 | 2010 | Trade Sale | Clear2Pay | – |
| Mirane Software · France | 2005 | 2011 | Trade Sale | Madic Group | – |
| OpenTrust Cybersecurity · France | 2003 | 2011 | Trade Sale | Keynectis | – |
| Ornis IT Services · France | 2004 | 2007 | Trade Sale | RISC Group | – |
About Elaia Partners
Elaia Partners is a European venture capital firm with over €700 million of assets under management, founded in 2002 and headquartered in Paris. The firm specialises in digital and deep tech startups, investing from early-stage venture through growth equity commitments, with a multi-decade track record across European technology innovation themes.
Investment thesis
Elaia targets European digital and deep tech companies at seed, Series A-B and selective growth stages, with sector focus on enterprise software, cybersecurity, HealthTech, fintech and selective deep tech verticals. Equity ticket sizes vary by stage from venture-stage early commitments of €500 thousand through to growth equity positions of €15 million. The platform's multi-vintage track record provides pattern recognition across multiple European tech cycles.
Recent activity
Recent realised exits include Gleamer (HealthTech, 2026), Cosmian (cybersecurity, 2025), Elevo (software, 2025) and Greenbids (data and analytics, 2025), reflecting strong distribution momentum across the technology venture portfolio. The platform tracks 11 funds, 102 active portfolio companies and 60 realised exits across the multi-decade European VC programme.
Frequently asked questions
- What investment strategy does Elaia Partners focus on?
- Elaia Partners focuses on VC, Growth strategies in the private equity space.
- How many portfolio companies does Elaia Partners have?
- Elaia Partners has 101 active portfolio companies and 62 completed exits and 11 funds tracked on GP Intel.
- Where is Elaia Partners headquartered?
- Elaia Partners is headquartered in Paris, France.
- What is Elaia Partners's assets under management?
- Elaia Partners manages approximately €850M in assets under management.
- When was Elaia Partners founded?
- Elaia Partners was founded in 2002.
- What sectors does Elaia Partners invest in?
- Elaia Partners invests across TMT, Software, Healthcare, Business Services.
- What are Elaia Partners's recent exits?
- Recent realized exits by Elaia Partners include: Vibe.co (2026) to Walmart; Gleamer (2026) to RadNet; Greenbids (2025) to Perion Network; Elevo (2025) to Assessio Group; The Hotels Network (2025) to Lighthouse; Nuclia (2025) to Progress Software; Cosmian (2025) to Atos; Golaem (2024) to Autodesk.
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Last updated October 2026 · Sourced from public filings · Report an issue