Aglae Ventures

Aglaé Ventures is a global technology-focused venture capital firm headquartered in Paris, with offices in New York and San Francisco. Founded in 2017 and backed by Agache, the principal investment vehicle of Bernard Arnault — controlling shareholder of LVMH, the world's largest luxury goods conglomerate — the firm brings access to patient capital and a formidable global commercial network. Co-founders Cyril Guenoun (General Partner) and Antoine Loison built the firm from the ground up, with Managing Partner Miyuki Matsumoto heading US operations. The portfolio averages 8 new investments per year. Aglaé invests from €100,000 to €100 million across marketplaces, SaaS, consumer apps, digital native brands, fintech, web3, and mobility, at all stages from Seed to Pre-IPO. Across 100 investments, the portfolio has produced 12 unicorns, 7 IPOs, and 16 acquisitions. Notable holdings include Airbnb, Slack, Spotify, Netflix, Lyft, Back Market, Algolia, Databricks, Trade Republic, and eToro, which listed on the NASDAQ in May 2025 at a $2.31 billion valuation. The firm leads rounds and can deploy capital meaningfully at every stage. Aglaé's strategic position — operating from the centre of European luxury with a global reach across France, the US, Israel, and Canada — enables it to bring commercial relationships and brand distribution capabilities to portfolio companies beyond what traditional technology investors can offer. The firm made five AI investments in 2024 across rounds totalling more than $300 million, reflecting continued conviction in foundational AI infrastructure and applications.