Zeno Ventures

Zeno leans on a three-office structure — Geneva, Zurich, and San Francisco — to originate proprietary, early-stage technology deals. Its portfolio spans more than a dozen countries, reflecting a network-driven sourcing model that gives the firm access to startups in both established and emerging venture ecosystems. The firm emphasizes proprietary deal origination as a core competency, particularly for its private equity practice.

Zeno operates a dual-practice platform where venture capital investments focus on early- and growth-stage technology companies, while the private equity arm runs a distinct strategy centered on sourcing, executing, and managing control-oriented investments. Both practices are funded through closed-ended institutional vehicles, and the firm applies operational support across the portfolio. This structure allows Zeno to pursue both minority and control positions under one roof.

AI is the dominant theme across Zeno's portfolio, with a majority of its listed holdings building AI-native products for specific verticals. The firm has backed companies applying artificial intelligence to financial services (Eloquent AI), real estate (Admyral), drug development (Angström AI), restaurant operations (Rebolt), and legal services (Platus). This thematic concentration differentiates Zeno from generalist venture managers.