Lazard Frères Gestion has acquired Elaia, a full stack tech and deep tech investor, for an undisclosed amount. This corporate acquisition signifies a strategic expansion for Lazard Frères Gestion into the specialized venture capital landscape, integrating Elaia's expertise directly into its operations.
Elaia has a twenty-year history of partnering with ambitious entrepreneurs, guiding them from inception to leadership. The firm combines deep scientific and technological expertise with decades of operational experience to back companies building tomorrow's innovations. With offices in Paris, Barcelona, and Tel Aviv, Elaia has been an active partner to over 100 startups, including notable names such as Criteo, Mirakl, Shift Technology, AQEMIA, and Alice & Bob.
This acquisition builds upon the existing Lazard Elaia Capital joint venture, deepening the relationship and commitment between the two entities. By fully buying Elaia, Lazard Frères Gestion gains direct ownership of Elaia's specialized investment capabilities in the rapidly evolving tech and deep tech sectors. The move is expected to create significant synergies, combining Lazard's extensive financial expertise and global reach with Elaia's proven track record in identifying and nurturing innovative startups.
The integration aims to enhance the combined entity's ability to support exceptional founders at any stage, from early-stage development through to market leadership. This strategic consolidation is set to strengthen Lazard Frères Gestion's position in the venture capital landscape, expanding its investment offerings and leveraging Elaia's deep market insights and entrepreneurial network to drive future growth and innovation within the technology sector.