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The Venture Codex

Otium Capital

5 rue Saint-Joseph, Paris, Ile-de-France, 75002, France

Overview

In 2015, two independant investment teams were created in Paris inside Otium Capital, Pierre-Edouard Stérin's family office: * Otium Venture, focused on Seed investments in Tech companies (€40m invested in 14 companies among which Payfit, Doctrine, Owkin...) * Otium Brands, focused on Seed & Series A investments in Consumer Goods companies In 2019, the two teams spun off to become independant investment firms: * Otium Venture became frst * Otium Brands became Eutopia

Total investments
41
Lead investments
21
Investments · 12mo
2
Active investors
9

Sector focus

  • Finance
  • Financial Services
  • FinTech
  • Venture Capital
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Investment portfolio

  • e-peas

    Participated · Equity · Jul 2026

    Founded in 2014 and headquartered in Louvain-la-Neuve, e-peas develops and markets ultra-low-power semiconductor technology that enables devices to operate from ambient energy sources such as light, RF, vibration, and heat. Its product portfolio includes energy-harvesting power management ICs, microcontrollers, and sensor solutions backed by about 15 years of research and patented IP. The company says its solutions power high-volume applications including solar-powered remote controls, HVAC systems, cameras, and smart tracking devices for global customers. e-peas aims to extend battery lifespans and eliminate battery replacements for industrial and IoT device designers. Financially, the company has raised multiple rounds including €8 million in 2020, €17.5 million in March 2024, and the recent €19.2 million round to support commercial scaling and international expansion. The firm also maintains offices in Switzerland and the USA.

  • Amenitiz

    Participated · Series B · Nov 2025

    Founded in 2017 in Barcelona, Amenitiz offers independent hoteliers a single cloud platform that unifies reservations, operations, payments, online presence, and revenue management. The company now serves more than 15,000 properties, up from 4,000 at the time of its 2022 Series A, and its customers have processed over €3 billion in bookings for 15 million guests in the past 18 months. Recent feature launches include AmenitizBoost for direct-booking marketing and PriceAdvisor for dynamic pricing, tools that the firm says can lift revenue by up to 20%. Amenitiz is doubling down on AI-driven product innovation to further automate hotel workflows and plans to introduce additional revenue-generating modules while expanding into new European markets. The platform targets the 750,000-plus independent hotels that constitute more than 80% of Europe’s hospitality market, aiming to give them the digital capabilities traditionally reserved for large chains. Historically, Amenitiz raised €620k in seed funding in 2019, €6.5 million in 2021, and €27 million in a 2022 Series A round, and it also acquired Ododo in 2022 to bolster its offering. Backed by a roster of international investors, the company positions itself as the default operating system for Europe’s independent hotel segment.

  • VSORA

    Led · Series C · Apr 2025

    VSORA is a company that entered a phase of scaling and completed an intermediate financing round in 2025 that exceeded €40M. The 2025 round combined reinvestment from existing shareholders and new investor capital. Otium Capital reinvested heavily and remained VSORA's largest financial shareholder after the round. Ardian Semiconductor entered as a new investor through its semiconductor platform, marking Ardian's fourth investment. XAnge participated as a significant investor, taking the third-largest position in the round. Beyond these shareholder movements and the fundraise, articles report no disclosed operational metrics or specific use-of-proceeds details.

  • JUST

    Participated · Seed · Nov 2024

    JUST has developed a plug-and-play checkout solution that merges the checkout process with marketing triggers, enabling merchants to increase revenue by an average of 10–15%. The product supports multi-channel transactions across social media, WhatsApp, and in-store, and the company reports performance levels four times higher than BNPL services. Founded in 2022, JUST says it has over 1 million users and 500+ merchants onboarded. The startup positions its approach as Commerce 3.0, a decentralised shopping model delivering personalised and dynamic experiences. With the new €8M Seed round (bringing total funding to over €11M), JUST plans to invest heavily in R&D and recruit key talent to maintain its technological edge. It aims to strengthen its leadership in the French market and begin European expansion, starting with entry into the UK. JUST is a French retail-tech fintech founded in 2021 by Jérémy Pinto and Benjamin Cohen Aloro that provides a one-click purchasing solution for e-merchants. The company says its solution can increase merchants' conversion rates by about 20% and simplify the customer purchasing journey. Over sixty online stores and digitally-native vertical brands are already using JUST's technology in France. JUST highlights compliance with European GDPR and PSD2 standards and positions its product as a 100% French solution. The startup cites high cart-abandonment rates (noting merchants lose an average of 42% of customers to complex purchase flows) as the market opportunity. JUST plans to expand beyond France into other parts of Europe by 2023.

  • Comet Software

    Led · Equity · Apr 2024

    Comet Software aggregates and nurtures niche, vertical-market software companies while allowing each business to retain operational autonomy. The platform supplies portfolio companies with shared expertise, networks, and resources to drive sustainable growth. To date, the group consists of nine acquired businesses, including Volume Software, TreeDIM, MeSoigner, Statigest, and Cover 3D, serving sectors such as printing, packaging, pharmacies, retail CRM, and aluminium joinery. Comet currently generates roughly €30 million in annual revenue, employs nearly 250 professionals, and has completed nine acquisitions in the last 18 months. Management targets €100 million in revenue by 2027 through continued European expansion and bolt-on deals. Funding history includes a €60 million equity raise in April 2024 from Alpera Partners, now supplemented by a new acquisition facility to accelerate its roll-up strategy.

Team