ALIAD is the strategic venture capital arm of Air Liquide, investing in early-stage tech startups focused on energy transition, healthcare, and industrial innovation. Founded in 2013 and headquartered in Paris, it has made over 40 investments globally.
They made 1 investment in the last 12 months. Average disclosed round size is $15.2M (across 6 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
ME
Matthieu Eyries
Managing Director
VR
Virginie Reynaud
Managing Director
JB
Jerome Breteau
Investment Director
PK
Paul Kim
Investment Director
QD
Quentin Demarly
Asia Investment Director
AM
Alexandre Monnoie
VC Analyst
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
19 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Ammobia | Seed | $7.5M | Jan 2026 |
 Diabeloop | Series C | — | Jan 2024 |
| AAngiodroid S.p.A. | Series A | — | Feb 2023 |
 SparkNano B.V. | Unknown | — | Nov 2022 |
 Orcan Energy | Growth | — | Sep 2022 |
 Flying Whales | Unknown | — | Jan 2022 |
| Orcan Energy | Growth | — | Jan 2022 |
| OOrcan | Growth | — | Jan 2022 |
 Inpria | Series C | $31M | Jul 2017 |
 ERGOSUP | Unknown | — | Jan 2015 |
 Quobly | Series A | — | — |
 Mysphera | Unknown | — | — |
 Angiodroid | Unknown | — | — |
 Botalys | Series B | — | — |
| Inpria | Series B | $23.5M | — |
 Noble Gas Systems | Series B | $4.2M | — |
| Noble Gas Systems | Series A | — | — |
| PP2H2 | Series A | $20M | — |
 44.01 | Series A | $5M | — |
Top Co-Investors
CDP Venture Capital2 shared
Alumni Ventures2 shared
Bpifrance2 shared
Innovacom2 shared
Matterwave Ventures2 shared
Intel Capital2 shared
Applied Materials2 shared
Collaborative Fund1 shared
Shell Ventures1 shared
Starlight Ventures1 shared
Zero Infinity Partners1 shared
Motivate Venture Capital1 shared
MOL Switch1 shared
Chevron Technology Ventures1 shared
Katapult1 shared
Invest-NL1 shared
Innovation Industries1 shared
Investissement Québec1 shared
Last updated: 7 October 2026