Aster Capital

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jul 1, 2025	Virtru	$50.0M Series D	—	Bessemer Venture Partners, Clearvision Ventures, Hitachi Ventures, MoreVC, Next47, Red Dot Capital Partners, Team8, Tekfen Ventures, Yuval Shahar
Nov 1, 2024	World Class Health	$8.0M Seed	—	BlueRun Ventures, Boost VC, Combustion Ventures, InterWest, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Transformation Capital, Vivek Garipalli
Oct 1, 2024	Otoqi	$11.0M Series B	—	Seventure Partners
Oct 1, 2024	Omnea	$20.0M Series A	—	Accel, Alpaca VC, Adeyemi Ajao, Blackbird Ventures Australia, First Round Capital, Frontline Ventures, Insight Partners, Khosla Ventures, LocalGlobe, MMC Ventures, Picus Capital, Point Nine Capital, QED Investors, Seedcamp, Square Peg Capital, Stride VC, Ameet Patel, Charlie Songhurst, Claire Hughes Johnson, Cristina Cordova, Guy Podjarny, Harsh Sinha, Luca Ascani, Massimo Ciociola, Ron Pragides, Tim Sadler, Tony Jamous
Aug 1, 2024	FreshBus	$5.0M Series A	—	Maniv Mobility
Sep 1, 2022	Hadean	$30.0M Series A	—	2050 Capital, Founders Fund, Molten Ventures, re.Mind Capital
Aug 1, 2022	Talon Cyber Security	$100.0M Series A	—	20VC, 645 Ventures, Accomplice VC, AngelList, Asymmetric Capital Partners, Ballistic Ventures, Bessemer Venture Partners, Clearvision Ventures, Declaration Partners, Evolution Equity Partners, Felix Capital, Karim Faris, Hitachi Ventures, Insight Partners, Lightspeed India Partners, Lightspeed Venture Partners, MoreVC, Next47, Okta Ventures, Rajan Anandan, Point Judith Capital, Red Dot Capital Partners, Sandwith Ventures, Scale Asia Ventures, Silicon Valley Connect, Sorenson Ventures, Strategic Cyber Ventures, SYN Ventures, Team8, Tekfen Ventures, The Hit Forge, Underdog Labs, Alexander Weiss, Daniel Gorfine, Howard Love, Justin Label, Sam Kassoumeh, Troy Paredes, Yuval Shahar
Jun 1, 2022	Entrepreneurs First	$160.0M Series C	—	Abstract Ventures, Kevin Hartz, Altair Capital Management, Alt Capital, Alumni Ventures, Andreessen Horowitz, Angel investor, AngelList, Animoca Brands, Anti fund, Audacious Ventures, Audrey Capital, David Ibnale, Balderton Capital, Bascom Ventures, Better Tomorrow Ventures, BITKRAFT Ventures, Brainchild, C2 Investment, Cedar Capital Group, Coughdrop Capital, Craft Ventures, Dragonfly Capital Partners, Jenny Fielding, Scott Hartley, Felicis Ventures, Flex Capital, Flourish Ventures, Footwork, Founders Fund, Fuel Capital, Greylock, Vidu Shanmugarajah, Heavybit, Infinite Capital, Infinite Niches, Invariantes Fund, KAAN Ventures, Kompas VC, LAUNCH, LGF, Moment Ventures, Paradigm, Positive Sum VC, Proton Enterprises, Seven Seven Six, Shrug Capital, SNR, Stripe, The Hit Forge, Thrive Capital, Todd and Rahul's Angel Fund, Tribe Capital, Trust Fund, Union Square Ventures, Unusual Ventures, Vibe Capital, Alex Rodriguez, Y Combinator, Akshay Kothari, Anthony Pompliano, Babak Nivi, Charlie Cheever, Charlie Songhurst, Christian Reber, Chris Wang, Clark Landry, David Petraeus, Evan Brown, Gokul Rajaram, Greg Tseng, Gretchen Howard, Henry Kravis, James Park, Jeremy Yap, Karim Atiyeh, Kevin Hart, Kurt Bilafer, Kyle Vogt, Leore Avidar, Marc Benioff, Marco A. Casas, Marcy Simon, Mark Cuban, Mark Pincus, Mathilde Collin, Matthew Dellavedova, Miki Kuusi, Moshe Lifschitz, Rand Hindi, Sahil Lavingia, Sahin Boydas, Scott Belsky, Sebastien Borget, Spencer Kimball, Tobias Lutke, William Hockey
Jun 1, 2022	Vestack	$11.0M Series A	—	Alven, Karista, Kima Ventures, #SecretFund, Guillaume Lestrade, Thibaud Elziere
Jun 1, 2022	DCbrain	$5.0M Venture Round	—	Maniv Mobility
Apr 1, 2022	Pelico	$32.0M Series A	—	83North, Alven, btov Partners, Frontline Ventures, General Catalyst, Karista, Kima Ventures, La Famiglia, Nauta Capital, Tiffany Luck, Serena Capital, Y Combinator, Alexandre Cognard, Alexis Bonillo, Alexis Le-Quoc, Bastian Nominacher, Chris Murphy, Didier Valet, Edvard Engesæth, Florian Douetteau, Guillaume Lestrade, Martin Henk, Martin Klenk, Nicolas Steegmann
Apr 1, 2022	Venus Aerospace	$20.0M Series A	—	Bascom Ventures, BlueRun Ventures, Boost VC, Combustion Ventures, Cubit Capital, Infinite Capital, InterWest, Lerer Hippeau, Liquid 2 Ventures, Lockheed Martin Ventures, LombardStreet Ventures, Metaplanet, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
Apr 1, 2022	Warehousing1	$11.0M Series A	—	—
Apr 1, 2022	Humanlinker	$3.0M Seed	—	Alven, backtrace capital, Chausson Partners, Crane Venture Partners, Founders Future, Karista, MMC Ventures, Alexis Le-Quoc, Amirhossein Malekzadeh, Frédéric Mazzella, Ott Kaukver, Valentine Baudouin
Apr 1, 2022	Sonomotion	$12.0M Series C	—	Peter Rive
Mar 1, 2022	2trde	$8.0M Seed	—	Bessemer Venture Partners, Clearvision Ventures, Hitachi Ventures, Maniv Mobility, MoreVC, Next47, Red Dot Capital Partners, Team8, Tekfen Ventures, Yuval Shahar
Mar 1, 2022	Hadean	$20.0M Series A	—	2050 Capital, Molten Ventures
Mar 1, 2022	Terakalis	$3.0M Series A	—	BlueRun Ventures, Boost VC, Combustion Ventures, InterWest, Multicoin Capital, NextGen Venture Partners, Polaris Partners, Princeville Capital, Samsung NEXT Ventures, Vivek Garipalli
Feb 1, 2022	Dequency	$5.0M Seed	—	Abstract Ventures, FTX Ventures, Multicoin Capital, Polychain Capital, Race Capital, SeaX Ventures, True Ventures, Jon Kol, Lyndon Rive
Jan 1, 2022	Virtru	$60.0M Series C	—	Bessemer Venture Partners, Clearvision Ventures, Hitachi Ventures, MoreVC, Next47, Red Dot Capital Partners, Team8, Tekfen Ventures, Yuval Shahar
Jan 1, 2022	Talon Cyber Security	$17.0M Seed	—	10D, 20VC, 645 Ventures, Accomplice VC, AngelList, Asymmetric Capital Partners, Aya, Ballistic Ventures, Bessemer Venture Partners, Clearvision Ventures, Cyberstarts VC, Declaration Partners, Evolution Equity Partners, Felix Capital, Glilot Capital Partners, Karim Faris, Hitachi Ventures, Insight Partners, Lightspeed India Partners, Lightspeed Venture Partners, MoreVC, Next47, Oren Yunger, Okta Ventures, Rajan Anandan, Point Judith Capital, Red Dot Capital Partners, Sandwith Ventures, Scale Asia Ventures, Silicon Valley Connect, Sorenson Ventures, Strategic Cyber Ventures, Team8, Tekfen Ventures, The Hit Forge, Underdog Labs, Ameet Patel, Assaf Rappaport, Daniel Gorfine, Howard Love, Justin Label, Sam Kassoumeh, Troy Paredes, Yevgeny Dibrov, Yuval Shahar
Nov 1, 2021	Virtuoso	$13.0M Series A	—	Paladin Capital Group
Nov 1, 2021	Eatron Technologies	$11.0M Series A	—	DN Capital, Kompas VC, MMC Ventures, #SecretFund, Charlie Songhurst, Florian Douetteau, Frederic Montagnon, Julien Romanetto, Michael Benabou, Nicolas Steegmann, Thibaud Elziere, Zehan Wang
Aug 1, 2021	Felt	$5.0M Seed	—	2xN, Kevin Hartz, A* Capital (A Star Capital), Accel, Allison Pickens Ventures, formerly The New Normal Fund, Alumni Ventures, Awesome People Ventures, BlueRun Ventures, Bond, Boost VC, Coinbase Ventures, Combustion Ventures, Footprint Coalition, Founders Fund, Granite Asia, Greylock, Jett Fein, InterWest, Khosla Ventures, Kleiner Perkins, LGF, Matchstick Ventures, Multicoin Capital, NextGen Venture Partners, Next Play Ventures, Polaris Partners, Princeville Capital, Redpoint Ventures, Renegade Partners, Samsung NEXT Ventures, Sound Ventures, Tola Capital, WndrCo LLC, XYZ Venture Capital, Zigg Capital, Akshay Kothari, Brandon Leonardo, Edvard Engesæth, George Kurtz, Gerhard Eschelbeck, Justin Timberlake, Matt Piccolella, Max Mullen, Robert Vis, Ron Pragides, Ryan Reynolds, Stewart Butterfield, Tobias Lutke, Trevor Noah, Vivek Garipalli
Jul 1, 2021	Otoqi	$7.0M Series A	—	Seventure Partners

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Aster Capital.

Leadership Team

Key people at Aster Capital.

Deep Dive

High-Level Overview

Aster Capital is a Paris-based venture capital firm specializing in investments that address global challenges such as climate change, sustainability, and social inequality. Its investment philosophy centers on backing visionary entrepreneurs who aim to build lasting value by transforming industries critical to daily life, including energy, manufacturing, mobility, and construction. Aster supports startups across various stages, from seed to growth, providing not only capital but also strategic guidance and operational support to accelerate their impact. The firm’s portfolio includes companies innovating in clean energy, smart mobility, and industrial technologies, reflecting its commitment to fostering sustainable economic growth and carbon neutrality[1][2][3][4][5].

Origin Story

Founded in 2000, Aster Capital originated from Schneider Electric Ventures and was formally launched as a multi-corporate fund in 2010 through a partnership between Schneider Electric and Alstom. This unique genesis reflects its roots in large industrial corporations seeking to identify and nurture innovation beyond their internal R&D, focusing on open innovation to capture emerging market opportunities. Jean-Marc Bally currently leads the firm, which has evolved from a €70 million fund to managing over €500 million in assets globally, with offices in Paris, San Francisco, Tel Aviv, and Cambridge. Over time, Aster has expanded its focus to include a broader range of sectors tied to energy transition and industrial transformation, maintaining a strong emphasis on sustainability and technological disruption[2][3][6].

Core Differentiators

Multi-Corporate Investment Model: Originating from Schneider Electric and Alstom, Aster leverages corporate partnerships to source deal flow and provide portfolio companies with industry insights and market access.
Global Network: Offices in key innovation hubs (Paris, San Francisco, Tel Aviv, Cambridge) enable cross-border deal sourcing and support.
Sector Expertise: Deep specialization in energy, mobility, manufacturing, and climate tech sectors, with a focus on technologies that enable decarbonization and sustainable industrial growth.
Operational Support: Beyond funding, Aster offers extensive support through its dedicated teams for business development, innovation strategy (Aster Fab), and crowdfunding (Aster Crowd), facilitating faster scaling and market adoption.
Track Record: Successful exits and growth stories include Solairedirect (acquired by Engie), Digital Lumens (acquired by Osram), and Avantium (IPO), demonstrating the firm’s ability to identify and nurture transformative startups[1][3][4][5].

Role in the Broader Tech Landscape

Aster Capital rides the global trend toward energy transition, sustainability, and industrial digitalization. The timing is critical as governments and industries worldwide accelerate decarbonization efforts and seek innovative solutions to climate change and resource efficiency. Market forces such as regulatory pressure, technological advances in clean energy and mobility, and growing investor interest in ESG (Environmental, Social, Governance) criteria work strongly in Aster’s favor. By bridging corporate innovation with startup agility, Aster influences the broader ecosystem by enabling industrial players to adopt breakthrough

Sources

High-Level Overview

Origin Story

Core Differentiators

Multi-Corporate Investment Model: Originating from Schneider Electric and Alstom, Aster leverages corporate partnerships to source deal flow and provide portfolio companies with industry insights and market access.
Global Network: Offices in key innovation hubs (Paris, San Francisco, Tel Aviv, Cambridge) enable cross-border deal sourcing and support.
Sector Expertise: Deep specialization in energy, mobility, manufacturing, and climate tech sectors, with a focus on technologies that enable decarbonization and sustainable industrial growth.
Operational Support: Beyond funding, Aster offers extensive support through its dedicated teams for business development, innovation strategy (Aster Fab), and crowdfunding (Aster Crowd), facilitating faster scaling and market adoption.
Track Record: Successful exits and growth stories include Solairedirect (acquired by Engie), Digital Lumens (acquired by Osram), and Avantium (IPO), demonstrating the firm’s ability to identify and nurture transformative startups[1][3][4][5].