# Investors based in Lyon (2026 list)

> 60 investors based in Lyon, 5% active in the last 12 months. Led by Axeleo Capital, Evolem, Siparex. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-lyon (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Lyon

Updated 7 November 2026

Firms with an address in Lyon. A head office is a fact about the firm; where it invests is on its own page.

[See all 60 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-lyon)The top 25

**60** investors on the list No change this week

**18** cheques in 12 months Too few cheques to tell

**$6.8M** median round they joined *-16%* against the market median

**5%** wrote a cheque in 12 months

**3%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (3)

- 1 [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) *Deploying now* VC firm · France **70** **$6.8M** median round **Nov 2026** last seen
- 2 [Evolem](https://millionrounds.com/fund/evolem) *Deploying now* Family office · France **49** **$4.3M** median round **Sept 2026** last seen
- 3 [Siparex](https://millionrounds.com/fund/siparex) quiet Private equity · France **26** **$12M** median round **Oct 2019** last seen
- 4 [Merieux Developpement](https://millionrounds.com/fund/merieux-developpement) quiet Private equity · France **11** **$47M** median round **Sept 2016** last seen
- 5 [Merieux Equity Partners](https://millionrounds.com/fund/merieux-equity-partners) *Deploying now* Private equity · France **3** **$87M** median round **Sept 2026** last seen
- 6 [Carvest Crédit Agricole Régions Investissement](https://millionrounds.com/fund/credit-agricole-regions-investissement-carvest) quiet VC firm · France **1** **$1.3M** median round **Sept 2010** last seen
- 7 [Groupama Banque](https://millionrounds.com/fund/groupama-banque) quiet VC firm · France **1** **$1.7M** median round **Jan 2019** last seen
- 8 [1Kubator](https://millionrounds.com/fund/1kubator) unknown Accelerator · France **none observed** **-** median round **-** last seen
- 9 [ALTIS Capital](https://millionrounds.com/fund/altis-capital) unknown Private equity · France **none observed** **-** median round **-** last seen
- 10 [APICIL Group](https://millionrounds.com/fund/apicil-group) unknown VC firm · France **none observed** **-** median round **-** last seen
- 11 [Albarest Partners](https://millionrounds.com/fund/albarest-partners) unknown Private equity · France **none observed** **-** median round **-** last seen
- 12 [Angelor](https://millionrounds.com/fund/angelor) unknown Angel network · France **none observed** **-** median round **-** last seen
- 13 [ArchiMed](https://millionrounds.com/fund/archimed-2) unknown Private equity · France **none observed** **-** median round **-** last seen
- 14 [BACS-Innov](https://millionrounds.com/fund/bacs-innov) unknown VC firm · France **none observed** **-** median round **-** last seen
- 15 [Bandai Namco Entertainment Europe](https://millionrounds.com/fund/bandai-namco-entertainment-europe) unknown Investment firm · France **none observed** **-** median round **-** last seen
- 16 [BurkoCap](https://millionrounds.com/fund/burkocap) unknown Accelerator · France **none observed** **-** median round **-** last seen
- 17 [Capelia](https://millionrounds.com/fund/capelia) unknown Private equity · France **none observed** **-** median round **-** last seen
- 18 [Capitem Partenaires](https://millionrounds.com/fund/capitem-partenaires) unknown Private equity · France **none observed** **-** median round **-** last seen
- 19 [Compagnie Nationale du Rhône - CNR](https://millionrounds.com/fund/compagnie-nationale-du-rhone-cnr) unknown Corporate VC · France **none observed** **-** median round **-** last seen
- 20 [CyGO Entrepreneurs](https://millionrounds.com/fund/cygo-entrepreneurs) unknown Venture studio · France **none observed** **-** median round **-** last seen
- 21 [DeepTechRocket](https://millionrounds.com/fund/deeptechrocket) unknown Investment firm · France **none observed** **-** median round **-** last seen
- 22 [ECILAC CAPITAL](https://millionrounds.com/fund/ecilac-capital) unknown Investment firm · France **none observed** **-** median round **-** last seen
- 23 [FOODARA](https://millionrounds.com/fund/foodara) unknown Angel network · France **none observed** **-** median round **-** last seen
- 24 [FPCI Angelor For Good](https://millionrounds.com/fund/fpci-angelor-for-good) unknown VC firm · France **none observed** **-** median round **-** last seen
- 25 [Family Office Lyon](https://millionrounds.com/fund/family-office-lyon) unknown Family office · France **none observed** **-** median round **-** last seen

**35 more on this list**

All 60 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-lyon)

## The Newest Cheques

Rounds this list's investors joined most recently

- **3** Nov **[AQQI](https://millionrounds.com/company/aqqi)** Seed · $4.5M *Led by* [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital)
- **23** Oct **[Indurex](https://millionrounds.com/company/indurex)** Other · $7.8M *With* [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital)
- **22** Sept **[HighLife](https://millionrounds.com/company/highlife)** Growth · $90M *Led by* [Merieux Equity Partners](https://millionrounds.com/fund/merieux-equity-partners)
- **9** Sept **[Actionable](https://millionrounds.com/company/actionable)** Seed · $10M *Led by* [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital)
- **1** Sept **[Reecall](https://millionrounds.com/company/reecall)** Venture · $4M *With* [Evolem](https://millionrounds.com/fund/evolem)
- **1** Sept **[Graneet](https://millionrounds.com/company/graneet)** Venture · $8M *With* [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital)

## Stages This Year

17 rounds

- Seed **41%**
- Venture **18%**
- Grant **12%**
- Series A **12%**
- Growth **6%**
- Other **12%**

## What They Backed

Sectors, last 12 months

- AI **5**
- Chemicals & Materials **3**
- Manufacturing **2**
- Cybersecurity **2**
- Biotech **2**
- Climate Tech **1**

## Cheques by Quarter

Led Joined

4 Q1 25

3 Q2 25

3 Q3 25

4 Q4 25

4 Q1 26

5 Q2 26

5 Q3 26

2 Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Lyon

### Who are the most active investors based in Lyon?

By cheques observed, the most active are Axeleo Capital, Evolem, Siparex, Merieux Developpement and Merieux Equity Partners.

### How many investors based in Lyon are there?

60 are on record. 5% made an investment in the last 12 months and 3% have led a round.

### Which stages do investors based in Lyon back?

Of the rounds with a named stage in the last 12 months, mostly Seed (54%) and Grant (15%).

### How big are the rounds investors based in Lyon join?

The typical (median) round among the leading investors here is $6.8M.

### Which sectors do investors based in Lyon back most?

In the last 12 months, mostly AI, Chemicals & Materials and Manufacturing.

### Which investors based in Lyon lead the most rounds?

Axeleo Capital (3 led) and Merieux Equity Partners (2 led).

### What have investors based in Lyon invested in recently?

Recent rounds include AQQI (Seed, Nov 2026, with Axeleo Capital), Indurex (Other, Oct 2026, with Axeleo Capital) and HighLife (Growth, Sept 2026, with Merieux Equity Partners).

### How is this list of investors based in Lyon ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)