Auræ
Also known as Aurae Impact, Aurae, AURæ, AZH Impact GP, Aurae Gestion
Paris impact investment vehicle of the Vausselin family (Aroma-Zone founders), created 2023; active minority stakes of €10–50M in European SMEs plus commitments to 26 partner funds.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Vausselin
- WEALTH ORIGIN
- Founders of the natural-cosmetics brand Aroma-Zone
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2023
Investment approach
- GEOGRAPHY
- Europe
- STAGES
- Growth
- ROUTES
- Direct investments · Funds (as LP)
- STRATEGIES
- ImpactDirect investmentsFunds (as LP)
- TICKET
- €10M–€50M
Overview
Auræ is a family impact investment fund created in 2023 by Anne-Cécile, Valérie, Laurence and Pierre Vausselin, the founding family of Aroma-Zone, and run by a team of professional investors in Paris. It takes active minority stakes (above 10%, tickets of €10–50M) in profitable European SMEs with revenue above €20M working on food and agriculture, biodiversity, health, education, social inclusion, energy and circularity, and invests in specialised European growth, sector and impact funds. Its stated aim is to back about ten companies and some twenty funds. Direct holdings include La Fourche, Bioline AgroSciences and Milpa.
Investment thesis
Direct: active minority (over 10%) in about ten innovative, profitably growing European SMEs with revenue over €20M; tickets €10–50M via capital increase or share purchase; board or impact-committee seat; themes inclusion, education and health, energy and natural resources, food and well-being, responsible brands. Indirect: about twenty European growth, sector-specialist and impact funds acting as co-investors.
Holdings & investments (39)
- MilpaFood & Agriculture · since 2025
- Bioline AgroSciencesFood & Agriculture · since 2025
- La FourcheFood & Agriculture
- Les AlchimistesClimate & Energy
- Quadrature RestaurationFood & Agriculture
- RFI IngredientsFood & Agriculture
- DesconectaHealthTech
- PlymagFood & Agriculture
- CarelinkHealthTech
- AlkïosClimate & Energy
- EsclaibesEducation
- Emeraude SolaireClimate & Energy
- AktidIndustrial & Manufacturing
- Arkéa Resalt (food resilience fund)Partner fund (fund commitment)
- Mérieux Santé (health fund)Partner fund (fund commitment)
- 50 Partners Impact (early-stage impact fund)Partner fund (fund commitment)
- Blue Forward (blue economy fund)Partner fund (fund commitment)
- Objectif Biodiversité (biodiversity fund)Partner fund (fund commitment)
- Three Hills (pan-European impact fund)Partner fund (fund commitment)
- Kyip (Italian impact fund)Partner fund (fund commitment)
- Creas (Spanish impact fund)Partner fund (fund commitment)
- Astanor Growth (agrifood fund)Partner fund (fund commitment)
- Heka (BrainTech fund)Partner fund (fund commitment)
- Turenne Santé (health fund)Partner fund (fund commitment)
- Archimed (health fund)Partner fund (fund commitment)
- Water Access Acceleration (access to drinking water fund)Partner fund (fund commitment)
- Eurazeo Planetary Boundaries (planetary boundaries fund)Partner fund (fund commitment)
- Raise Impact (growth impact fund)Partner fund (fund commitment)
- Partech Impact (tech impact fund)Partner fund (fund commitment)
- Starquest (planet protection fund)Partner fund (fund commitment)
- Forbion BioEconomy (bioeconomy and biomaterials fund)Partner fund (fund commitment)
- Educapital (education and future of work fund)Partner fund (fund commitment)
- Jolt Capital (deep-tech impact fund)Partner fund (fund commitment)
- TiLT Capital (energy transition fund)Partner fund (fund commitment)
- Gaia Impact (energy transition in emerging countries fund)Partner fund (fund commitment)
- FASI (environmental impact fund)Partner fund (fund commitment)
- Plastic Circularity (plastic reduction fund)Partner fund (fund commitment)
- Keensight (technology and health fund)Partner fund (fund commitment)
- Cibus (regenerative agriculture and agritech fund)Partner fund (fund commitment)
People
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
Auræ is a single family office based in Paris, France, founded in 2023.
Auræ invests on behalf of the Vausselin family (Founders of the natural-cosmetics brand Aroma-Zone).
Auræ invests directly in companies and in third-party funds as an LP. Its stated asset mix includes impact, direct investments and funds (as lp).
Auræ invests at Growth stage in Food & Agriculture, Climate & Energy, HealthTech, Education and Consumer & E-commerce.
Auræ's stated ticket size is €10M–€50M.
Key people at Auræ include Bertrand de Talhouët (Président), Gabrielle Delle Vigne (Executive Director), Victoria Meddah (Investment Director) and Alexandre Nachef (Impact Investor).
Auræ's holdings and investments include Milpa, Bioline AgroSciences, La Fourche, Les Alchimistes, Quadrature Restauration, RFI Ingredients, Desconecta and Plymag, among others.
The most recent publicly reported investment by Auræ is Milpa (Equity stake (entry into capital)), announced in May 2025.