2024Recap: A remarkable year for Axeleo Capital (AXC)!

As 2025 has just begun, let's take a look back at 2024.

In 2024, the Axeleo Capital (AXC) team completed another successful year with 18 operations: 7 new investments, 10 follow-on rounds, and 1 exit.

We also launched our first Greentech Industrial fund: GTI 1! This fund focuses on European Series A+ startups in energy, chemicals, and materials. Following a successful €125M 1st closing in October. We have already made our first deal and remain fully committed to supporting industrial innovation with passion and ambition.

Now here is a brief recap of what happened this year.

In the 1st quarter, we kicked off 2024 with two follow-on rounds. Sopht, a GreenOps platform helping businesses reduce IT carbon emissions, successfully raised €3.3M in a Seed refinancing round. Adding to this, we reinvested in Kestra, a leading open-source declarative data orchestration platform, participating in its €8M Seed round.

In the 2nd quarter, we welcomed two new startups and achieved a portfolio exit. Symbiotic, based in the US, an AI-driven security coach directly within developers' IDEs, securing $3M in Seed funding. Alongside it, Actionable, a predictive analysis platform for customer satisfaction, joined AXC2 as well, raising €2M at a pre-seed stage.

In the 3rd quarter, momentum accelerated with 3 new seed investments and 1 pre-seed deal, alongside 4 follow-on operations. Solteo, a SaaS platform for photovoltaic professionals, joined AXP1, raising €1.5M to expand its impact in renewable energy. Similarly, Omaha Insights, which develops standardized data frameworks for company evaluations, closed a €3.5M seed round. At the pre-seed level, Linkup joined AXC2 , raising €3M for its groundbreaking solution connecting large language models (LLMs) to the internet.

In the 4th quarter, the launch of GTI 1 was a major highlight. The fund achieved its €125M 1^st closing in October and completed its first deal with Sweetch Energy, a renewable energy company specializing in osmotic power, raising €25M in a Series A stage. Adding to this, we also reinvested in Argil, an AI platform enabling users to generate pre-edited video shorts using their AI clone, with a $3.9M Seed round under AXC2, following our initial pre-seed investment.

2024 was another strong year for Axeleo Capital, marked by the successful launch of GTI 1 and continued growth across Europe and internationally. From Greentech to AI-driven innovation, our investments demonstrate our ambition to drive the future of B2B technology and industrial innovation.

We are pleased to share with you this great infographic about what we achieved in 2024.

Please don’t hesitate to contact us for further information: development@axc.vc