European venture capital fund

Elaia Digital Venture Fund V (DV5)

Elaia Digital Venture Fund V (DV5) is a Paris-based venture capital fund managed by Elaia. €120m reported at first close (source published February 2026).

IP-driven European tech from pre-seed to Series B across AI, cybersecurity, techbio and industrial innovation

Status
First Close
Reported amount
€120m
Manager
Elaia
Headquarters
Paris, France
Stages
Pre-Seed, Seed, Series A, Series B
Sectors
B2B Software, AI, Deep Tech, Health & Bio, Industrial Tech, Defence & Security
Investment geography
Pan-European
Source published
February 2026
Website
elaia.com

Amounts come from the linked public source. A first close is not the final fund size, and a reported close does not confirm that the fund is investing now. Headquarters describe where the manager is based, not where it invests.