Axeleo Holds Initial Closing of Accelerator Fund, at €25M
Summary
Axeleo, a Station F, Paris, France-based specialist enterprise technology acceleration platform backed by the French Tech Accélération Fund and a partnership of over 40 entrepreneurs and executives in the international tech scene, has held the initial closing of its first accelerator fund, Axeleo Capital I, at €25m.Axeleo is aimed at startups who target the digital transformation challenges faced by large B2B organizations, shaping the workplace of tomorrow via strategic fields such as big data, artificial intelligence, the IoT and cybersecurity.The purpose of Axeleo Capital is to invest from the seed stage to the series A round with tickets ranging from €100k to €2.5m.For Axeleo Capital I’s first closing, Axeleo again received backing from Bpifrance via the French Tech Acceleration fund, managed by Bpifrance as part of the French Tech government initiative and financed by the Investments for the Future Program and expanded its base of Limited Partners with national and international investors such as VINCI Energies, the Auvergne-Rhône-Alpes region, Crédit Agricole Group (led by CA Centre-Est), BNP Paribas, Caisse d’Epargne Rhône-Alpes, family offices and experienced tech entrepreneurs.A management company approved by the AMF, Axeleo Capital will be directed by Burdier, Mathieu Viallard, general partner, and Lucas Mesquita, principal.