Aglaé Ventures

Aglaé Ventures is the venture-investing arm of Financière Agache, the holding company through which Bernard Arnault and his family control LVMH. The firm invests the Arnault family's wealth — originating from the luxury goods conglomerate — directly into technology companies. Bernard Arnault founded the group and his son Antoine Arnault serves as managing director of Financière Agache, linking family governance to the investment operation.

The firm writes checks from €100,000 up to €100 million, covering pre-seed, seed, Series A through C, growth, and pre-IPO rounds. Aglaé focuses on asset-light business models — marketplaces, SaaS platforms, consumer apps, and digitally native vertical brands. The strategy is stage-agnostic in practice, allowing the team to back founders as early as pre-seed and follow on through later-stage rounds.

The disclosed investing team numbers six people. Cyril Guenoun and Antoine Loison handle early and growth stages globally; Miyuki Matsumoto and Brendan Rempel cover US deal flow; Kristina Chvilova focuses on European growth; and Léa Verdillon leads early-stage investments in France. The lean structure means deal sourcing and decision-making is concentrated among these named professionals, with ultimate accountability rolling up into Financière Agache's leadership.

It is structured as a single-family office — there are no outside limited partners and no fund-lifecycle pressure on exits. At the same time, Aglaé models its investment process on a global venture-capital firm, with dedicated sector and stage coverage across three offices. This hybrid posture gives founders the patient capital of a family office with the sector fluency and transatlantic reach of an institutional venture platform.

L Catterton is a private-equity firm formed in 2016 through a partnership between Catterton, LVMH, and Groupe Arnault. Aglaé invests through and alongside L Catterton in select deals, such as the acquisition of Birkenstock and the fractional-jet provider Flexjet. The relationship creates a pipeline that spans venture-stage technology at Aglaé through to buyout-stage consumer and retail deals at L Catterton.

Yes — documented co-investors include Fimalac, with whom Aglaé backed digital media platform Webedia, and Eric and Wendy Schmidt, who partnered with Aglaé on the AI company H. The firm appears comfortable both leading rounds and co-investing alongside other family offices, operating foundations, and institutional venture firms, particularly in Europe and the US.

Aglaé maintains a dedicated Web3 and Crypto Fund and holds a position in hardware wallet provider Ledger, signaling conviction in digital-asset infrastructure rather than speculative tokens. AI exposure includes the 2024 co-investment in H (formerly Holistic AI), a foundational model startup, alongside Eric and Wendy Schmidt. The emerging-tech strategy appears focused on picks-and-shovels infrastructure and enterprise-layer applications.