Adelie

The company operates a classic venture capital fund management model. It raises committed capital from institutional and family office limited partners into multi-stage technology-focused funds. These funds deploy equity investments, generally in the EUR 0.5–10 million range, into European technology companies at seed, Series A/B and later growth stages. Value is created by sourcing and selecting portfolio companies, supporting them operationally and strategically, and arranging follow-on financings or exits, aided by a strategic partnership with technology investment bank Clipperton for transactions and M&A processes. The firm’s economic upside is tied to growing the value of its portfolio and achieving successful exits across its fund vintages.

Adelie is a Paris- and London-based multi-stage technology venture capital fund operated by Adelie Advisors SAS. It invests equity capital in European technology companies from seed through growth stages, typically in cheque sizes ranging from hundreds of thousands to several million euros.

The firm works with institutional and family office limited partners to deploy capital into fast-growing tech businesses and partners with Clipperton, a technology-focused investment bank, to support portfolio companies with transaction execution and M&A. Revenue is generated through standard venture capital management fees and performance-based carried interest on investment returns.