Polytechnique Ventures
Paris, FrancePolytechnique Ventures is a Paris-based seed-stage venture capital firm launched in December 2019 by Ecole Polytechnique alumni to back deep-tech and science-driven startups founded within the school's network. The firm manages Fund I (2022, EUR 36 million) and Fund II (first close October 2025 at EUR 21 million, targeting EUR 30 to 40 million) for cumulative commitments of around EUR 57 million. Tickets range from EUR 250 thousand to EUR 1 million at pre-seed and seed and up to EUR 2 million at Series A. It targets French deep-tech and Polytechnique-spin-off startups across software, robotics, biotech, fintech, energy, climate and quantum technologies.
Polytechnique Ventures is a Paris venture capital firm with €57M AUM, 24 active companies and 1 exit.
Sector breakdown
25 companiesGeography breakdown
3 geographiesKey facts
Recent exits
Polytechnique Ventures sold Mithril Security to H Company in 2024 after 2 years.
Coverage notes
2 funds tracked, 25 portfolio companies (24 active · 1 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Polytechnique Ventures has raised, with its portfolio companies. Hand-checked from public filings.
Polytechnique Ventures Fund IIVC2025€21M12 assetsVC2025 · 1yr€21M12–
Unrealized
12 held| Company | Entry |
|---|---|
| BYoRNA Biotech · France | 2025 |
| Descartes & Mauss Software · France | 2024 |
| Gobano Robotics Industrials · France | 2025 |
| H Company AI/ML · France | 2024 |
| mirSense Deep Tech · France | 2024 |
| One Biosciences Biotech · France | 2025 |
| Pact Industrials · UK | 2024 |
| Porelio ClimateTech · Germany | 2025 |
| Qolombus TMT · France | 2026 |
| Silina France | 2021 |
| Totem FoodTech · France | – |
| VSora Deep Tech · France | 2025 |
Polytechnique Ventures Fund IVC2022€36M12 assets1 exitsVC2022 · 4yr€36M121
Unrealized
12 held| Company | Entry |
|---|---|
| Airthium ClimateTech · France | 2023 |
| Docent Software · France | 2023 |
| Galam Robotics Logistics · France | 2022 |
| Goodvest Fintech · France | 2022 |
| Hyperplan AgTech · France | 2022 |
| Jimini LegalTech · France | 2023 |
| Jimmy Energy ClimateTech · France | 2021 |
| Néolithe Construction · France | 2021 |
| Okomera MedTech · France | 2021 |
| Qivia Fintech · France | 2023 |
| Reev MedTech · France | 2023 |
| Spinergie SaaS · France | 2022 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Mithril Security Cybersecurity · France | 2022 | 2024 | Trade Sale | H Company | – |
About Polytechnique Ventures
Polytechnique Ventures is a venture capital platform based in Paris with €36 million of assets under management as of December 2024 and a founding year of 2019. The firm targets European and selectively global technology companies across TMT, software, healthcare, financials, business services, energy and industrials, with capital deployed across early-stage and Series A/B rounds alongside institutional limited partners.
Investment thesis
The platform deploys venture capital into TMT, software, healthcare, financials, business services, energy and industrials categories with a focus on technology-enabled businesses across France and selectively across Europe. Investment focus spans seed and growth stages with capital deployed across multiple rounds per portfolio company, supporting founder teams through international scaling and selective M&A activity. The fund structure enables longer holding periods than typical venture vehicles, supporting category-leadership outcomes in technology platforms with global ambitions.
Recent activity
Realised exits across the current platform vintages remain limited, with the portfolio in active deployment and value-creation phase. The platform tracks 3 fund vehicles, 21 active portfolio companies and 0 realised exits across the strategy's history.
Frequently asked questions
- What investment strategy does Polytechnique Ventures focus on?
- Polytechnique Ventures focuses on VC strategies in the private equity space.
- How many portfolio companies does Polytechnique Ventures have?
- Polytechnique Ventures has 24 active portfolio companies and 1 completed exit and 2 funds tracked on GP Intel.
- Where is Polytechnique Ventures headquartered?
- Polytechnique Ventures is headquartered in Paris, France.
- What is Polytechnique Ventures's assets under management?
- Polytechnique Ventures manages approximately €57M in assets under management.
- When was Polytechnique Ventures founded?
- Polytechnique Ventures was founded in 2019.
- What sectors does Polytechnique Ventures invest in?
- Polytechnique Ventures invests across TMT, Software, Healthcare, Industrials, Energy, Financials.
- What are Polytechnique Ventures's recent exits?
- Recent realized exits by Polytechnique Ventures include: Mithril Security (2024) to H Company.
Similar firms
Other private equity firms tracked on GP Intel.
