Elaia

Warehouses are under pressure like never before: utilisation rates are above 85% in the US and EU, chronic labour shortages, and rising costs are forcing the industry to find smarter, more sustainable ways to operate. Enter Dexory: the company redefining what warehouse intelligence means. Its autonomous robots scan up to 15,000 locations per hour, feeding real-time data into DexoryView, an AI-enabled digital twin platform that powers error detection, stock-out prediction, and space optimisation. We’re thrilled to continue to support Dexory as it secures $165M in funding, led by Eurazeo, with participation from LTS Investments Growth, Endeavor Catalyst and existing investors including Elaia, Lakestar, Atomico DTCP, and others. This funding will go towards accelerating their global expansion and commercial teams while continuing to fuel Dexory’s AI-powered capabilities to open the door to the next generation of resilient and adaptive supply chains. With over half a billion warehouse scans already captured, Dexory is turning logistics data into true operational intelligence, helping the world’s largest supply chains move faster, smarter, and greener. Congratulations to Andrei, Oana, Adrian and the Dexory team!

💡 Will AI disrupt the workforce, or simply reshape it? In the second edition of Elaia’s SustAIned Future newsletter, our sustainability team explores a defining question at the intersection of AI and the economy: how do we balance innovation and inclusion as AI transforms work? History offers clues. ATMs replaced tellers. PCs replaced typists. Algorithms replaced traders on exchange floors. Each wave of technology displaced some roles, but ultimately created new ones, upgrading our collective productivity and reshaping how we work. So will AI be different this time? Early signs suggest not, at least not yet. According to the MIT Technology Review, only 5% of AI pilots are generating measurable business impact, while most remain stuck in experimentation. The real challenge is learning: how to integrate AI systems that adapt, improve, and augment human capability. Our take: disruption doesn’t have to mean dislocation. Structural change can be both transformational and sustainable, if managed responsibly. 📩 Read the full edition to explore how AI is already reshaping professional services and more at the link in comments. Louisa Mesnard Xavier Evans

Elaia is looking for our next two interns! We are offering the opportunity to join as: 👾 A VC Analyst intern for our Digital Venture fund, which invests from Seed to Series B in unicorns such as Mirakl and Criteo and rising stars like Vibe.co and Mitiga Solutions 🧬 A VC Analyst intern for our Deep Tech Seed fund, which invests from pre-seed to seed in tech-intensive startups like Sonio, AQEMIA and Alice & Bob. At Elaia, we believe in the power of technology to shape the future, and in building it the right way. Our values guide how we work: → Collaboration first: we grow through shared ambition and collective intelligence → Excellence as a mindset: we push each other to aim high → Transparency always: with each other and the entrepreneurs we back → Autonomy and ownership: we empower everyone to thrive from day one If that sounds like you, we’d love to talk. Find the links to apply in the comments below.

👀 Looking to connect with Elaia? From founders to investors, choose your event to find us around Europe this October: 🇨🇭 For biotech founders: Florian Denis will be at Sachs Associates' Annual Biotech in Europe Forum in Basel from October 8-9 🇳🇱 For investors: Pauline Roux will join Invest Europe’s VC Forum from October 8-9 in Amsterdam! 🇮🇪 For tech and deep tech founders: Louisa Mesnard & Marc Rougier will be joining SaaStock Europe in Dublin from October 13-15. Don’t miss Marc’s Investor Table Talk with Máire O'Herlihy from OpenAI on October 13th and our padel tournament for founders with our friends at Frontline Ventures! Link in comments to sign up.

We’re proud to renew our support for DJUST, as they announce a €7M Series A extension alongside New Enterprise Associates (NEA) and Speedinvest. Since 2020, DJUST has been pioneering the transformation of B2B e-commerce and procurement with a turnkey, AI-ready platform. With the launch of DJUST Pay and an upcoming suite of AI agents, the company is taking another major step toward building the most complete, end-to-end solution for B2B players of all sizes. This new round accelerates DJUST towards fulfilling its core mission: modernizing and simplifying the online experience for B2B players, from order placement to payment. As early supporters of Arnaud Rihiant and Eric GAUDIN’s vision, we’re excited to continue the journey with them on this next step. Read more in Maddyness: https://lnkd.in/emRfb-hb

Vibe.co raises its $50M Series B! Led by Hedosophia, we’re proud to continue our support alongside Singular, QuantumLight and Illusian Founder Office in this new round. In less than two years, Vibe.co has: → Surpassed $100M revenue run rate → Become the leading self-serve CTV ad platform trusted by 5,000+ brands By harnessing AI to bring hyper-targeting and measurable performance to connected TV, Vibe.co is reshaping the trillion-dollar advertising industry. We’re excited to continue backing Arthur ✌️ Querou, Franck Tetzlaff and the team as they build the “Meta for TV advertising.” Read more about this next chapter for Vibe.co in Sifted (thanks Daphné Leprince-Ringuet - link in comments). Pauline Roux

🪐 It’s the last week to apply to pluto house! We’re excited to partner with pluto house this year to bring 10 ambitious founders to Paris for one month to focus on building the next best idea in tech. Applications close on October 3rd for the second cohort so don’t miss out on the opportunity for mentorship from Elaia and our friends at daphni, Merantix Capital, Heartcore Capital, No Label Ventures, redalpine, Google, & LocalHost. Why apply? 🌔 Mentorship from founders in your vertical, 🌓 Connections to leading EU & US investors, 🌒 €20k+ in compute + cloud perks, and 🌑 A global community across hacker houses in SF, India, and Japan. Link in comments to apply!

🌎 Last week, the Elaia team kicked off the autumn events season! Céline Passedouet and Vincent Faber headed to Sweden for the 2026 editiion of The Drop. From our fika breakfast with our friends at Kvanted and KOMPAS VC to Céline’s Ripple with Elisabeth Schrey from DTCF | DeepTech & Climate Fonds about the energy transition, it was a fantastic occasion to talk all things climate and resilience with a highly curated group of startups and investors. Back in Paris, Samantha J. and Xavier Lazarus took France Digitale's #FDDay by storm, participating in conversations around how startups are allocating value and the opportunity offered by building the Eurostack. Scroll through to see some of our highlights from the week!

🥨 Will we see you at Wiesn next week? The Elaia team is heading south to Munich for this year’s Bits & Pretzels: connect with Anya Brochier, Vincent Faber, Valentin Sauvaire and Clément Vanden Driessche on the ground to discuss building the future of European tech and deep tech. This year, Clément joins the Startup Pitch Jury alongside HV Capital’s Lina Chong, Jessica Lieber (Principal, 10x Founders), Alexandre Dewez (Partner, 20VC), Richard Kotite (VP, Accel) for the live pitch sessions! Clément is also a table captain at Oktoberfest on Day 3, don't forget to sign up this week to connect!

🤝 Connect with Elaia at IPEM Paris next week! Find Léa Billaud, Anne-Sophie CARRESE, Samantha J. and Pauline Roux at the Palais de Congrès from September 24-26th. Don’t miss Pauline’s panel unpacking the performance risks of conventional sourcing on September 25th at 12:30pm in Summit Room 1. Alongside Gülsah Wilke (DN Capital) and Adam Choppin, CFA (Xponance, Inc.), Pauline will lead a conversation about the market opportunities that arise from reimagining typical investment processes from both a venture and PE perspective. We look forward to seeing you there!