Elaia

Overview

Elaia is a European venture capital firm founded in 2002, headquartered in Paris, specializing in digital and deep tech sectors including AI, data science, sustainability, and biotech. It invests from seed to growth stages in startups across Europe, managing approximately €850-985 million in assets under management and supporting over 140 portfolio companies with hands-on expertise from scientists, entrepreneurs, and business experts.¹²³

History

Elaia was founded in 2002 in Paris as a venture capital firm targeting digital and deep tech startups. Key milestones include successful exits like Criteo and Orchestra Networks, investments in companies such as Mirakl, Ornikar, Shift Technologies, and Aqemia, and raising over €850 million across funds. In April 2024, it formed a strategic partnership with Lazard to launch Lazard Elaia Capital, a technology-focused private equity platform.²³

Product Lines

Manufacturing

As a venture capital firm, Elaia does not manufacture products; it provides funding, strategic advice, and operational support to portfolio startups.¹²

Notable Products

• Mirakl - Marketplace SaaS platform for enterprise e-commerce.
• Criteo - Performance media platform with successful IPO exit.
• Ornikar - Online driving school platform.
• Aqemia - AI-driven drug discovery biotech firm.
• Alice&Bob - Quantum computing startup.

Reputation

Elaia is recognized by professionals for its strong track record in deep tech exits and entrepreneur-friendly approach, with close ties to academia and hands-on support.²³ Enthusiasts note its focus on ambitious European founders in complex sectors like AI and sustainability. Criticisms are minimal in sources, though its niche in deep tech may limit broader market exposure.¹