# Romain Niccoli

> Romain Niccoli is a seed investor at Axeleo Capital backing Artificial Intelligence and Software. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Axeleo Capital](https://shizune.co/investors/profile/axeleo-sas)
- Location: Paris, France
- Total investments: 14
- Last investment: Apr 2026
- Lead investor: 7%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/romainniccoli/
- X (Twitter): https://twitter.com/romain_n
- Website: https://x.com/romain_n

Romain Niccoli is a Co-Founder and Co-CEO at Pigment.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.9M–$7M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 7 | 50% |
| Software | 5 | 36% |
| Internet | 3 | 21% |
| Information Technology | 3 | 21% |
| Generative AI | 2 | 14% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 11 | 79% |
| Funding Round | 1 | 7% |
| Venture - Series Unknown | 1 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| France | 9 | 64% |
| United States | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| HrFlow.ai | Riminder operates as an AI assistant that automates talent assessment by leveraging state of the art deep learning technology. The company's mission is to leverage both Data and AI to understand people and unlock their full potential. Riminder was founded in Paris in 2016. | $7M | Seed | Apr 08, 2026 |  |
| BottleCap AI | BottleCap AI is a company that focuses on architecture-first, efficiency-focused basic LLMs designed to reason better per unit of CPU and enable previously impossible applications. | $7.5M | Seed | Jan 29, 2026 |  |
| Dialog | Dialog is a startup transforming e-commerce with a brand agent that can represent a company, guide customers, and interact with AI agents. | $4.3M | Seed | Nov 14, 2025 |  |
| Altertable | We're building an AI-driven, proactive, unified platform that redefines how modern companies leverage their data. | $2.9M | Seed | Jun 26, 2025 |  |
| Tamtam | End-to-end Data Platform for people selling from $10k to $10M: Dominate your TAM through Strategic Selling | $3.4M | Seed | May 21, 2025 |  |
| Delos | Delos is a generative AI platform for organizational and business development for companies. | $2.8M | Seed | Apr 15, 2025 |  |
| Dust | Dust is a platform for creating sophisticated processes based on large language models and semantic search. | $5.5M | Seed | Jun 27, 2023 |  |
| Primo | IT Operating system to scale you from 2 to 2000 employees | $3.4M | Seed | Apr 19, 2023 |  |
| Episto | Episto creates technologies to collect authentic opinions from a wide range of targets. It develops customized social media adverts to reach the most appropriate responders and collects their feedback via a questionnaire that mimics instant messaging codes. | $1.9M | Seed | Oct 14, 2021 |  |
| LETUS Private Office | LETUS Private Office is a real investment partner of families and entrepreneurs. The company offers wealth management services such as private banking for ultra-high net-worth clients and entrepreneurs. Long-term plans and individualized counsel are developed by LETUS Private Office with regard to all assets, especially with financial investments(listed and unlisted), project structuring and financing, real estate, legal and tax support, and philanthropy. | $6.4M | Venture - Series Unknown | Oct 01, 2021 |  |

10 of 14 investments shown.

## Co-investors
- [Kima Ventures](https://shizune.co/investors/profile/kima-ventures) — VC Fund, 5 deals together
- [The Twenty Minute VC](https://shizune.co/investors/profile/the-twenty-minute-vc) — VC Fund, 3 deals together
- [Galion.exe](https://shizune.co/investors/profile/galion-exe) — VC Fund, 2 deals together
- [Motier Ventures](https://shizune.co/investors/profile/motier-ventures) — VC Fund, 2 deals together
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund, 2 deals together
- [Weaving Group](https://shizune.co/investors/profile/weaving-group) — VC Fund, 2 deals together

## About Axeleo Capital

VC Fund · Paris, France

Axeleo Capital (AXC) is an Emerging independent early-stage VC, trusted and backed by seasoned entrepreneurs and industry experts across Europe, focusing on B2B software and Greentech startupsAxeleo Capital provides a unique framework for European early-stage startups with equity investments from seed to Series B stages, operational guidance, andstrategic assistance.Focusing on B2B software and Greentech startups, we are the first institutional investor for tech founders, and we believe in supporting them every step of the way.Due to our DNA and our entrepreneurial story, our tailored approach includes support for team management, business strategies, partnerships, and ESG activities. We boast an active ecosystem of more than 150 high-level entrepreneurs, sector experts and mentors who have been instrumental in numerous success stories across Europe and the US. Committed to sustainability, we integrate ESG activities into our tailored approach, ensuring our portfolio companies thrive responsibly.

5 contacts available at Axeleo Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Brice Lapouble | Investment Director | https://shizune.co/investors/profile/brice-lapouble |
| Dimitri Kremp | Principal | https://shizune.co/investors/profile/dimitri-kremp |
| Eric Burdier | Founding Partner, Chairman & Investor | https://shizune.co/investors/profile/eric-burdier |
| Fabrice Lacroix | Partner | https://shizune.co/investors/profile/fabrice-lacroix |
| Francois Laxalt | Partner | https://shizune.co/investors/profile/francois-laxalt |

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## Featured in investor lists
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## FAQ

### What does Romain Niccoli invest in?

Romain Niccoli invests primarily in Artificial Intelligence, Software and Internet startups, most often at Seed and Funding Round stage. Most of the 14 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Romain Niccoli's check size?

Romain Niccoli typically joins rounds of $1.9M–$7M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Romain Niccoli participates in.

### When did Romain Niccoli last invest?

The most recent investment recorded for Romain Niccoli closed in Apr 2026. Shizune tracks 14 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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