Aster
Also known as Aster Capital, Aster Capital Partners, Schneider Electric Ventures
Paris VC (est. 2000, ex-Schneider Electric Ventures) investing €500k–€5m from seed to Series B in climate, industrial and deep-tech startups; €600M raised across six funds.
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2000
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 8 people
FOCUS
- STAGES
- SeedSeries ASeries B
- ASSET MIX
- Venture capital
- GEOGRAPHY
- Europe
WHAT IT IS
VC Fund. A fund manager investing capital raised from limited partners into startups.
ABOUT
Aster Capital Partners is a Paris venture capital firm founded in 2000 that invests in deep tech, industry and climate startups from seed to Series B, with tickets of €500k to €5m in energy, logistics, mobility, manufacturing, construction, chemicals and agriculture. It began as a spin-off of Schneider Electric Ventures and became an independent fund attracting other industrial and institutional partners; it states its LP base is corporate and institutional. The firm states it has raised €600M and managed six funds, and has also bought TotalEnergies’ climate-tech portfolio in a secondary transaction. Exits include Solairedirect (Engie), CPower (Constellation), ekWateur, Eficia (Hager), GridBeyond and Swiftly.
PORTFOLIO (19)
- SolairedirectNOTABLEClimate & Energy · Acquired
- Neural ConceptArtificial Intelligence
- SunfireClimate & Energy
- tado°Climate & Energy
- KarosMobility & Logistics
- HadeanSoftware & SaaS
- Elroy AirMobility & Logistics
- HeetchMobility & Logistics
- CirculorSoftware & SaaS
- GetaroundMobility & Logistics
- LevelTen EnergyClimate & Energy
- IceotopeIndustrial & Manufacturing
- Cosmo TechSoftware & SaaS
- SwiftlyMobility & Logistics · since 2019 · Exited
- GridBeyondClimate & Energy · Exited
- CPowerClimate & Energy · Acquired
- ekWateurClimate & Energy · Acquired
- EficiaClimate & Energy · Acquired
- ClarotySoftware & SaaS
TEAM
- Jean-Marc BallyManaging Partner · source
- Fabio LancellottiPartner · source
- Cécile TirbonodGeneral Secretary & Partner · source
- Chama El ShamyChief Financial Officer · source
- Vincent PrêtetVenture Partner · source
- Marie CapdevilleCorporate Development · source
- Valentin GoubandAnalyst · source
- Adrien ChaltielAdvisor · source
LINKS
FAQ
Aster is a VC fund based in Paris, France, founded in 2000.
Yes. Aster invests directly in private companies.
Aster invests at Seed, Series A and Series B stages in Climate & Energy, Deep Tech, Industrial & Manufacturing and Mobility & Logistics.
Aster's stated ticket size is €500K–€5M.
Key people at Aster include Jean-Marc Bally (Managing Partner), Fabio Lancellotti (Partner), Cécile Tirbonod (General Secretary & Partner) and Chama El Shamy (Chief Financial Officer).
Aster's investments include Solairedirect, Neural Concept, Sunfire, tado°, Karos, Hadean, Elroy Air and Heetch, among others.
The most recent publicly reported investment by Aster is Neural Concept ($100M Series C (led by Growth Equity at Goldman Sachs Alternatives; Aster Capital participating as existing investor)), announced in Dec 2025.
Yes. Aster manages capital from outside investors.