Fundraising Fox

Agoranov

Accelerator

Paris · Pre-Seed–Seed

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Investment thesis

Agoranov runs an incubation program for founders of innovative startups, focused on three verticals: Industry & Greentech, Digital, and Health. Incubated companies join a community of entrepreneurs in a supportive environment, gaining access to skills, tools, and infrastructure needed to grow. The program offers a dedicated account manager plus a varied support team, 2,300 m2 of facilities (private offices, open space, dry and wet labs, a climate-controlled cold room, meeting rooms, and shared spaces), and an acceleration program of workshops, office hours, and networking events led by external experts, industrialists, and alumni. Agoranov sits within a dense ecosystem connected to public research institutions and French and European investors.

Source: firm website, verified Aug 17, 2026.

Stage
Pre-Seed–Seed
HQ
Paris, FR
Portfolio companies
88

What they invest in

from 65 of 88 portfolio companies

AI & Machine Learning ×26Deep Tech ×15Biotech ×11Cleantech ×11Enterprise Software ×11Energy ×9Developer Tools ×8Medical Devices ×8

HQs:France×36United States×1

Who they back

founder profiles across 24 portfolio companies
21%
solo founders
5 of 24 mapped founding teams
50%
repeat founders
of 22 founders with career history

Founding team size:solo founder×52 founders×123 founders×54+ founders×2

Where their founders studiedfrom 22 founders with education data

HEC Paris ×5Ecole normale supérieure ×3ENS Paris-Saclay ×3Collège Stanislas Paris ×2École nationale des ponts et chaussées ×2Harvard University ×2ISAE-SUPAERO ×2Lycée Louis-le-Grand ×2

Where their founders worked beforefrom 22 founders with career history

Inria ×2Jumia Group ×2McKinsey & Company ×2Nokia Bell Labs ×2

Accelerator rootsportfolio companies that came through a program

Entrepreneur First ×5Y Combinator ×2

4 founders hold a PhD · 1 hold an MBA (of 22 with degree data)

Portfolio companies · 88 tracked

alumni founders can tell you what the program is really like
Adeliaadelia.ag
Alassioalassio.frin
Alphabrainalphabrain.frin

Physight develops Panorama, a platform that transforms clinical care data into structured, research-ready datasets for healthcare organizations.

AI & Machine LearningData & InfrastructureDigital HealthParis, FR

Amphitriteamphitrite.fr

Amphitrite uses satellite data and artificial intelligence to provide ocean intelligence and forecasting services for maritime operators.

AI & Machine LearningClimate TechData & Infrastructure

Alexandre Stegner(CEO)Evangelos Moschos(CTO)

Auguraspaceauguraspace.comin

Augura provides space weather intelligence and monitoring services for aerospace, energy, and telecommunications organizations.

AI & Machine LearningEnterprise SoftwareSpace Tech

baCtabacta.bio

BACTA is an AI-powered bioproduction company that uses microorganisms to produce industrial ingredients such as astaxanthin for cosmetics, human nutrition, and animal nutrition markets.

AI & Machine LearningBiotechDeep Tech

Co-investorsDaphniOVNI Capital

Bimeabimea.audio
Celestcelest.science

Celest.Science develops AI-based climate risk and adaptation tools, applying data science and climate modeling to assess and inform on risks from extreme weather events such as floods, heat, and wildfires.

AI & Machine LearningCleantechClimate TechInsurTech

Léo Lemordant(Co-founder & CEO)inPierre Gentine(Co-founder & CSO)in

Condor Energycondor.energyin

Condor provides an operating system for enterprise energy management, helping organizations monitor, forecast, and optimize energy procurement and consumption using AI-driven strategies.

Advanced ManufacturingAI & Machine LearningEnergyEnterprise SoftwareParis, FR

Jean Costa de Beauregard(Founder)inClément Grivel(Founder)inFlorian Pérocheau(Founder)in

Co-investorsFrstKima VenturesY Combinator

Cormacorma.ioin𝕏

Corma provides IT teams with a platform to automate software license management, identity lifecycle, and SaaS access governance.

AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSaaS

HéloïseSamuelNikolaiHéloïse Rozès(Founder)in

Co-investorsKima VenturesKhosla VenturesSequoia Capital

Coros Spacecoros-space.comin

Coros Space builds integrated compute platforms that process data onboard spacecraft in orbit, addressing the downlink bottleneck where satellites generate more data than they can transmit to Earth.

Deep TechHardwareSpace Tech

Sanath(CEO)inIvan(CTO)inSafouane(Head of Operations)inLydia(Head of Hardware Design & Integration)in

Dolinnovdolinnov.com

Dolinnov is a pharmaceutical company developing next-generation painkillers based on a Precision Pump Modulator that targets the ion pump driving neuronal hyperexcitability rather than blocking ion channels.

BiotechMedical Devices

Dolkdolk.fr
Duoverseduoverse.aiin𝕏

Duoverse develops AI-powered simulation software to accelerate physics-based modeling and design processes.

AI & Machine LearningDeep TechEnterprise Software

Echoprojectechoproject.fr
Eclipseeclipse-flow.com

Eclipse develops and optimizes battery energy storage systems (BESS), handling project development (site identification, permits, grid connection, installation) and real-time optimization of batteries on electricity markets.

CleantechClimate TechEnergy

Co-investorsKima VenturesWind VentureG2 Venture Partners

Ecrivorecrivor.comin
Edoniaedonia.euin

Edonia produces plant-based protein ingredients from microalgae using proprietary technology that creates clean, textured products for food companies to use in plant-based meat alternatives.

AgTechFoodTech

Eleyaeleya.eu
Epicsbiotechepicsbiotech.com

EPICS is a biotech company developing plant biology and protein engineering technology to produce agricultural inputs such as crop protection products and biostimulants.

AgTechBiotechDeep Tech

Dr. Chouaib Meziadi(Founder & Chief Scientific Officer)Dr. Cory Nykiforuk(Co-founder & Chief Technology Officer)

Co-investorsGalion.exe

Ewakeewake.aiin

Ewake builds AI SRE (site reliability engineering) agents that reason through production incidents like a senior engineer, turning systems into a live, traversable map to guide actions in production.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareParis, FR

Pooné Mokari(Co-Founder & CEO)inOmid Chehrehgosha(Co-Founder & CTO)inOmid Gosha(Founder)inPoone Mokari(Founder)in

Co-investors50 PartnersNotion CapitalConnect VenturesConnect Ventures

Exeliom Biosciencesexeliombio.comin

Exeliom Biosciences is a biotechnology company developing biotherapies, with work in areas such as inflammatory bowel disease (Crohn's and colitis).

BiotechDeep TechDigital HealthMedical DevicesParis, FR

Harry Sokol(Scientific Co-founder)

Co-investorsBpifranceForepont Capital Partners

Expliqexpliq.fr
Extralabsextralabs.xyz

Extra Labs develops affordable 3D map data acquisition technology for cities and territories using collaborative sensors and deep learning.

AI & Machine LearningData & InfrastructureDeep Tech

Formelformel.aiin

Formel.ai combines generative AI with formal methods (mathematical verification) to build large language models that provide logical consistency guarantees, enforceable constraints, and full traceability for enterprise use cases including document auditing and compliance verification.

AI & Machine LearningDeep TechEnterprise Software

Sylvain(Co-founder)inAntoine(Co-founder)in

Fourierinstrumentsfourierinstruments.com

Fourier Instruments builds reconfigurable FPGA SoC hardware platforms that enable real-time signal processing and instrumentation with sub-microsecond latency, allowing researchers and instrument developers to focus on their applications rather than low-level hardware engineering.

Deep TechHardware

Fuzedfuzed.frin

Co-investorsKima Ventures

Gamagamaspace.comin

Gamaspace develops drag sails and solar sails for spacecraft deorbiting and deep space exploration, enabling efficient orbital decay and propulsion using solar energy.

Deep TechHardwareSpace TechParis, FR

Andrew Nutter(CEO)inThibaud Elziere(Founder)Daniel Chapman(CTO)

Co-investorsBlue Wire CapitalInovexusKima VenturesManta Ray Ventures

Generaregenerare.bioin

Generare is building a library of naturally evolved molecules by reading and analyzing biological chemistry that has not been previously studied.

AI & Machine LearningBiotech

Co-investorsDaphniGalion.exeTeampact.venturesVIVES PartnersAlven

Getskeltergetskelter.com
Gleefgleef.euin

Gleef builds a localization and translation platform for product teams, starting with a Figma plugin, that uses an AI engine to translate product copy while preserving brand voice and product context.

AI & Machine LearningDeveloper ToolsSaaSParis, FR

Gripgrip.dental

Dental Grip manufactures a precision tool for dentists to safely handle dental prostheses with improved ergonomics and control during clinical procedures.

Medical Devices

guepard.run 🡭guepard.runin𝕏

Guepard builds database collaboration infrastructure for engineering teams and AI agents, using copy-on-write storage to speed up database workflows.

AI & Machine LearningData & InfrastructureDeveloper Tools

Co-investorsSchematic Ventures

Hadomarkhadomark.com
Half Mobilehalf-mobile.com
Hyrevealhyreveal.comin

HyReveal explores subsurface resources such as natural gases, natural hydrogen, and helium to support energy transition and sovereignty goals.

AI & Machine LearningCleantechClimate TechDeep TechEnergy

Iris Labirislab.ioin

Iris Lab builds eye-safe laser transmitters that beam power to drones and mobile robots while they operate, reducing dependence on onboard battery capacity.

Advanced ManufacturingLogistics & Supply ChainParis, FR

Nicolas Bourliatoux(CEO)inLakshman Srinivasan(CTO)inBastien Fabre(COO)in

Co-investorsEntrepreneur FirstTranspose Platform Management

Isentroniqisentroniq.comin

iSentroniq develops dense, near-heatless cryogenic wiring aimed at overcoming scalability limits in quantum computing hardware.

Deep TechHardwareQuantum Computing

Co-investorsHeartcore CapitalHEC Paris IncubatorKima VenturesOVNI CapitalBetter Angle

Karavelakaravela.aiin

Karavela builds a foundation model of the human brain using magnetic resonance imaging and develops AI tools to enhance clinical trials in psychiatry and neurology.

AI & Machine LearningHealthtechMedical Devices

Alexis Thual(CEO)Bertrand Thirion(CSO)

Co-investorsDaphniHCVCFirst Momentum

Klima Consultingklima-consulting.frin

Klima Consulting provides expertise to the aviation sector on reducing climate impact, including CO₂ emissions and atmospheric effects like contrails.

Climate TechEnergyParis, FR

Grégoire Dannet(CEO)inOlivier Boucher(CPO)inAudran Borella(CTO)in

Koncilekoncile.aiin𝕏

Koncile is a French SaaS platform that automates data extraction from unstructured business documents using OCR technology combined with large language models.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSFrance, FR

Jules Ratier(Cofounder)inTristan Thommen(Cofounder)in

Co-investorsEntrepreneur First

Lemnalabslemnalabs.comin

Lemna Labs develops natural active and functional ingredients derived from duckweed for use in cosmetic and personal care formulations.

BiotechNew Materials

Lemrocklemrock.comin

Lemrock provides e-commerce integrations that deploy across the open web and search LLMs, connecting a network of onboarded merchants.

AdTechAI & Machine LearningE-commerceMarketing TechParis, FR

Roxane Laigle(CEO)inClément Nguyen(CTO)inSasha Collin(CPO)in

Co-investorsEntrepreneur FirstSie VenturesSonorcapTranspose Platform Management

Less

Startup incubated by Agoranov and acquired by Blablacar.

Lexio Roboticslexio-robotics.comin

Lexio develops software that enables operators to program and run industrial robots for sheet metal bending without robotics expertise or extensive coding.

Advanced ManufacturingAI & Machine LearningRoboticsParis, FR

Lightpandalightpanda.ioin𝕏

Lightpanda is a headless browser engine written in Zig designed for web automation, crawling, and AI agents, offering significantly lower memory usage and faster execution than Chrome.

AI & Machine LearningDeveloper Tools

Francis Bouvier

Logbooklogbook.educationin

Logbook is a platform for teachers to record and organize oral feedback for students.

EdTech

Marco Biotechmarco-biotech.frin

Marco transforms discarded coffee grounds from Parisian offices into cosmetic ingredients and biomaterials using supercritical CO2 extraction and green chemistry processes.

BiotechCircular EconomyNew MaterialsParis, FR

Medivietechmedivietech.com
Miregamirega.com

Mirega develops miniaturized gas analyzers for measuring low concentrations of greenhouse gases in open spaces, and produces tunable fiber filters for photonics and telecommunications applications.

CleantechDeep TechHardware

Modereringmoderering.com
Mywaymyway.technology
Neokneok.fr
Netternetter.aiin

Netter.ai provides a market intelligence platform that reconciles sell-in and sell-out data across retail channels, enriches it with geographic and demographic signals, and delivers live SKU-level forecasts.

Data & InfrastructureEnterprise SoftwareRetail TechSan Francisco, US

Samuel Ladroue(Co-Founder & CEO)inAmin Hamzaoui(Founder)in

Co-investorsY Combinator

Neurobusneurobus.spacein
Nilandacquired by Spotify

Startup incubated by Agoranov and acquired by Spotify.

Notomnotom.ioin

Notom builds industrial automation and IIoT software, including cloud analytics modules for predictive maintenance and performance optimization, aimed at industrial operators.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoT

Paola Fedou(CEO & Co-founder)Jean-Philippe Gross(CTO & Co-founder)

Co-investorsSista

Nowaysnoways.io

Noways provides infrastructure simulation and testing software that connects cloud and on-premises environments to model system behavior and validate changes before production deployment.

Cloud ComputingDeveloper ToolsEnterprise Software

Opirisopiris.frin

OPIRIS develops multimodal optical imaging systems that sense across multiple spectral ranges (UV through LWIR) for applications including target detection in degraded visual environments, metrology for semiconductor and metasurface manufacturing, and non-invasive medical imaging for rheumatology and oncology.

Deep TechHardwareMedical DevicesParis, FR

Owloowlo.ioin

Owlo develops patented optical imaging technology that enables non-invasive, real-time 3D imaging deep within biological tissue.

BiotechDeep TechHealthtechMedical DevicesParis, FR

Co-investorsDaphni

Exits · 1

IPOs and acquisitions across the tracked portfolio

Nilandacq. by Spotify

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Agoranov made?
Agoranov has 88 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Agoranov invest at?
Agoranov invests at the Pre-Seed, Seed stages.
What sectors does Agoranov focus on?
Agoranov focuses on Cleantech, Climate Tech, Deep Tech, Digital Health, Energy, Healthtech, Sector Agnostic.
Where is Agoranov located?
Agoranov is headquartered in Paris, FR.
Who does Agoranov co-invest with?
Agoranov most often shares deals with Entrepreneur First, Kima Ventures, Daphni, among 33 tracked co-investors.

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