Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Adelie is a multi-stage technology fund founded in 2018, with offices located in Paris and London. The firm is backed by over 100 experienced tech entrepreneurs, private equity partners, C-level executives from CAC 40 companies, and large family offices. This diverse support base enhances Adelie's ability to invest in fast-growing European tech companies, providing them with not only capital but also strategic advice and visibility within corporate networks.
As of now, Adelie manages a portfolio of 26 companies, reflecting its active engagement in the European tech scene. The firm has established itself as a key player in the venture capital landscape, focusing on sectors such as AI, fintech, healthcare, and cybersecurity. Notable milestones include the successful backing of companies that have achieved significant market presence and growth.
Adelie’s commitment to fostering innovation is evident in its investment strategy, which aims to act as a catalyst for companies aspiring to become global leaders. The firm’s dual presence in Paris and London allows it to tap into two of Europe’s most vibrant tech ecosystems, further enhancing its investment capabilities.
Adelie invests across a wide range of industries, including AI, fintech, healthcare, cybersecurity, commerce, media, biotech, edtech, food-agtech, and energy. The firm targets companies at various stages, from pre-seed to growth equity, with check sizes ranging from €500K to €3M. This flexibility allows Adelie to support startups as they scale and evolve.
The firm’s investment thesis emphasizes acting as a catalyst for fast-growing European tech companies. Adelie seeks to partner with entrepreneurs who demonstrate strong potential for growth and innovation. The firm provides not only financial backing but also strategic advice and access to a vast network of corporate partners, enhancing the growth trajectories of its portfolio companies.
Adelie’s approach includes a focus on sectors that are poised for disruption and growth, ensuring that its investments align with emerging trends in technology and consumer behavior. The firm values founders who are not only passionate about their ideas but also possess the resilience and adaptability necessary to navigate the challenges of scaling a business.
Adelie’s portfolio includes a diverse array of companies that exemplify its investment strategy. Notable portfolio companies include:
This diverse portfolio reflects Adelie's commitment to investing in companies that are not only innovative but also positioned for significant growth in their respective markets.
Jean-Manuel Costa: Managing Partner. Jean-Manuel has extensive experience in venture capital and private equity, having previously worked with leading firms in the industry. He specializes in scaling technology companies and has a strong track record of successful investments.
Quentin Gazay: Principal. Quentin focuses on sourcing and evaluating new investment opportunities. He has a background in finance and technology, with experience in both startup and corporate environments.
Hugo Tranzer: Associate. Hugo supports the investment team in due diligence and portfolio management. He has a keen interest in emerging technologies and their applications across various sectors.
Mathilde Pujol: Analyst. Mathilde conducts market research and analysis to identify trends and opportunities within the tech landscape. She has a strong academic background in business and finance.
Antoine Pruvot: CFO. Antoine oversees the financial operations of the firm, ensuring sound financial management and reporting. He has a background in finance and investment management.
To pitch to Adelie, founders should visit their website at adelie.vc. The firm prefers a concise pitch deck that includes key information such as the business model, market analysis, and growth strategy. A warm introduction is highly recommended to increase the likelihood of a response.
Response times can vary, but founders should expect to hear back within a few weeks. It is important to be prepared for follow-up discussions and to provide additional information as requested.
In the past year, Adelie has made significant strides in expanding its portfolio, with four new investments reported as of July 2025. Notable companies added include Semine, Sourcepoint, Genesis AI, and Withings. These investments reflect Adelie's commitment to supporting innovative technology firms across Europe.
Additionally, Adelie has co-invested alongside reputable firms such as Bpifrance, Eurazeo, and Kima Ventures, indicating a strong collaborative approach within the European venture capital ecosystem. This collaboration enhances the quality of deal flow and provides portfolio companies with additional resources and support.
Adelie continues to emphasize its role as a catalyst for growth, actively engaging with its portfolio companies to ensure they achieve their market potential.
What are Adelie's investment criteria?
Adelie focuses on fast-growing European tech companies across various sectors, including AI, fintech, healthcare, and cybersecurity. The firm invests in companies at pre-seed, seed, and growth equity stages, with check sizes ranging from €500K to €3M.
How can I pitch to Adelie?
Founders can pitch to Adelie through their website at adelie.vc. It is recommended to include a clear business model, market analysis, and growth strategy in the pitch deck.
What makes Adelie different from other venture capital firms?
Adelie distinguishes itself by providing not only capital but also strategic advice and access to a vast network of corporate partners and experienced entrepreneurs. This support helps portfolio companies navigate their growth and achieve market leadership.
What is Adelie's geographic focus?
Adelie primarily invests in European tech companies, leveraging its presence in Paris and London to tap into two of the continent's most dynamic tech ecosystems.
What is Adelie's post-investment involvement like?
Adelie actively engages with its portfolio companies, offering strategic guidance and facilitating connections within its extensive network to support growth and scalability.
What is the typical fund size and check size for Adelie?
Adelie typically invests between €500K and €3M in its portfolio companies, with a focus on providing sufficient capital to support growth at various stages.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.