Polytechnique Ventures
Alumni-financed seed fund of the École polytechnique ecosystem; invests €250k–€1M at pre-seed and seed in deep tech startups founded by X alumni, incubated at X or spun out of its labs.
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2020
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 5 people
Focus
- STAGES
- Pre-SeedSeedSeries A
- SECTORS
- Deep TechArtificial IntelligenceClimate & EnergyHealthTechBiotech & Life SciencesIndustrial & ManufacturingFintechSoftware & SaaS
- ASSET MIX
- Venture capital
- GEOGRAPHY
- France
Overview
Polytechnique Ventures is a venture fund created in 2020 and financed by École polytechnique alumni, with the support of the alumni association (AX) and the Fondation de l’École polytechnique. Its first fund closed at €36M in March 2023 with about 160 alumni investors; a second fund announced a €21M first closing in October 2025 with a €30–40M target. It invests €250k–€1M initial tickets, in co-investment, at pre-seed and seed, with follow-ons at Series A, in startups founded by X alumni, incubated at the school or emerging from its laboratories. The fund is formally managed by IQ EQ Management (formerly Equitis Gestion), with Polytechnique Ventures SAS acting as registered investment adviser.
Investment thesis
Pre-seed and seed co-investments of €250k–€1M (follow-on at Series A, exceptionally Series B) in deep tech startups from the École polytechnique ecosystem: energy, climate and environment; mobility, transport and aerospace; biomedical engineering and health; industry 4.0 and robotics; new materials; IoT and digital; cybersecurity; finance.
PORTFOLIO (20)
- H CompanyNOTABLEArtificial Intelligence
- One BiosciencesBiotech & Life Sciences · since 2025
- VSoraDeep Tech · since 2025
- BYoRNABiotech & Life Sciences · since 2025
- Gobano RoboticsIndustrial & Manufacturing · since 2025
- MirSenseDeep Tech · since 2024
- Descartes & MaussArtificial Intelligence · since 2024
- PactSoftware & SaaS · since 2024
- AirthiumClimate & Energy · since 2023
- DocentArtificial Intelligence · since 2023
- JiminiArtificial Intelligence · since 2023
- QiviaFintech · since 2023
- ReevMobility & Logistics · since 2023
- GoodvestFintech · since 2022
- HyperplanSoftware & SaaS · since 2022
- Mithril SecuritySoftware & SaaS · since 2022
- Galam RoboticsIndustrial & Manufacturing · since 2022
- SpinergieSoftware & SaaS · since 2022
- Jimmy EnergyClimate & Energy · since 2021
- OkomeraBiotech & Life Sciences · since 2021
People
Links
Frequently asked questions
Polytechnique Ventures is a VC fund based in Paris, France, founded in 2020.
Yes. Polytechnique Ventures invests its own capital in private companies.
Polytechnique Ventures invests at Pre-Seed, Seed and Series A stages in Deep Tech, Artificial Intelligence, Climate & Energy, HealthTech, Biotech & Life Sciences, Industrial & Manufacturing, Fintech and Software & SaaS.
Polytechnique Ventures's stated ticket size is €250K–€1M.
Key people at Polytechnique Ventures include Denis Lucquin (Founder and President), Cécile Tharaud (Managing Partner (Directrice Générale)), Maxime Cardinal (Partner) and Gaspard Devissaguet (Principal).
Polytechnique Ventures's investments include H Company, One Biosciences, VSora, BYoRNA, Gobano Robotics, MirSense, Descartes & Mauss and Pact, among others.
The most recent publicly reported investment by Polytechnique Ventures is One Biosciences (€15M round alongside Redmile Group and Blast Club, with Galion.exe, Invus, Adamed Technology, Sofinnova Partners, Polytechnique Ventures and Kima Ventures participating), announced in Jul 2025.
Yes. Polytechnique Ventures manages capital from outside investors.