Field 01
Cybersecurity & digital trust
Where we come from. We operate in it through Purcept and build in it through Mindlapse. Cyber accountability now reaches the boardroom: demand is not cyclical, it is structural.
Fields
Our theses
We are not looking for solutions. We are looking for problems someone is already paying badly to solve.
Menlo Capital invests at pre-seed in software that has to convince an organisation, not a user. A three-question filter, three fields where we know how to apply it, and a home base in Lille.
Three fields, one home base.
Three domains where we have proof the filter works, because we have operated, built or sold in them.
Field 02
AI applied to business processes
Not AI for AI's sake. AI that enters an existing process, has to survive an audit and convince someone whose own accountability is on the line. We are building one.
Field 03
Industrial & retail operations
Manufacturing, consumer goods, retail, life sciences. Eleven years leading these industries at Accenture: we know their buyers, their cycles, their inertia, and how a pilot dies there.
Home baseLille and the Hauts-de-France first, France and Europe next. Wherever we can be physically useful within the day.
The other side
What we do not fund.
Widening a scope without saying what it excludes means no longer having one. Here is what we let go, without regret.
- Consumer & B2C
- Marketplaces
- Crypto & web3
- Long-cycle hardware
- Biotech & medtech
- Video games
This is not a value judgement: these are fields where we bring nothing beyond capital. The rule fits on one line: if the buyer is the end user, we are not the right counterpart.