Cleo Ventures

Profile

Cleo Ventures is a European venture capital firm exclusively focused on artificial intelligence, headquartered in Europe. Founded in 2025 by Antoine Veret, former Partner at Breega, and Maxime Le Dantec, former Principal at Balderton, the firm is built by founders for founders, with a team experienced in AI and startup growth. The team is complemented by the Cleo Trailblazers Club, a network of world-class AI founders and operators providing support to the portfolio companies.

Cleo Ventures invests in AI-native companies at the pre-seed and seed stages, with investments ranging from €300,000 to €1 million. The fund targets consumer and enterprise AI industries, with a strong focus on European startups. The firm has raised a €30 million fund supported by over 40 AI entrepreneurs as limited partners. Cleo Ventures emphasizes early-stage support, often investing before product or code exists.

Their portfolio includes companies such as MatX, a hardware tailor for AI models; Fintool, an AI equity analyst platform acquired by Microsoft; Tomorro, a cybersecurity firm; and Lightdash, a company focused on AI infrastructure. Other notable investments include DeepIP, Animaj, GitGuardian, and Alice & Bob, which span industries like quantum computing and applied AI.