Elaia
Majority-owned (51%) venture capital firm of Lazard
Also known as Elaia Partners
Paris tech and deep-tech VC investing pre-seed to Series B in European B2B startups through digital venture and deep-tech seed funds; €1bn+ AUM; Lazard majority-owned since 2026.
- HEADQUARTERS
- Paris, France
- FOUNDED
- —
- AUM
- €1B (2025)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 12 people
Focus
- STAGES
- Pre-SeedSeedSeries ASeries BGrowth
- SECTORS
- Artificial IntelligenceSoftware & SaaSDeep TechBiotech & Life SciencesHealthTechFintechClimate & EnergyIndustrial & Manufacturing
- ASSET MIX
- Venture capital
- GEOGRAPHY
- Europe
Overview
Elaia Partners is a Paris venture capital firm co-founded by Xavier Lazarus that invests in European B2B technology and deep-tech companies from pre-seed to Series B, with research partnerships including PSL, INRIA, CNRS and the Max Planck Foundation. It raised €250M across its funds in 2025, passing €1bn under management. Lazard took a minority stake in 2024 and became majority shareholder with 51% in July 2026, with Elaia keeping independent investment decisions. Portfolio companies include Mirakl, Shift Technology, Alice & Bob, Aqemia and Proxima Fusion.
PORTFOLIO (16)
- MiraklNOTABLESoftware & SaaS
- Shift TechnologyNOTABLEFintech
- Proxima FusionClimate & Energy
- MimicDeep Tech · since 2025
- Alice & BobDeep Tech
- AqemiaBiotech & Life Sciences
- DexoryIndustrial & Manufacturing
- HArtificial Intelligence
- HoldedSoftware & SaaS
- iBanFirstFintech
- SandboxAQDeep Tech
- GetVocalArtificial Intelligence
- BiophtaBiotech & Life Sciences
- Vibe.coMedia & Entertainment · Acquired
- GleamerHealthTech · Acquired
- Mablink BioscienceBiotech & Life Sciences · Acquired
People
- Xavier LazarusCEO, Managing Partner and Co-Founder · source
- Pauline RouxManaging Partner · source
- Anne-Sophie CarreseManaging Partner · source
- Florian DenisPartner · source
- Clément Vanden DriesschePartner · source
- Alexis FrentzPartner · source
- Samantha JerusalmyPartner · source
- Sébastien LefebvrePartner · source
- Zeevi MichelPartner · source
- Marc RougierPartner · source
- Vincent FaberInvestment Director · source
- Céline PassedouetInvestment Director · source
Links
Frequently asked questions
Elaia is a VC fund based in Paris, France.
Yes. Elaia invests its own capital in private companies.
Elaia invests at Pre-Seed, Seed, Series A, Series B and Growth stages in Artificial Intelligence, Software & SaaS, Deep Tech, Biotech & Life Sciences, HealthTech, Fintech, Climate & Energy and Industrial & Manufacturing.
Elaia's stated ticket size is €1M–€15M.
Key people at Elaia include Xavier Lazarus (CEO, Managing Partner and Co-Founder), Pauline Roux (Managing Partner), Anne-Sophie Carrese (Managing Partner) and Florian Denis (Partner).
Elaia's investments include Mirakl, Shift Technology, Proxima Fusion, Mimic, Alice & Bob, Aqemia, Dexory and H, among others.
The most recent publicly reported investment by Elaia is Proxima Fusion (€411M round led by XTX Ventures and East X Ventures; Elaia participating as returning investor), announced in Jul 2026.
Yes. Elaia manages capital from outside investors.