Bernard Liautaud

Managing Partner, Balderton Capital
Bernard Liautaud, a pioneer who co-created the business intelligence category, grew Business Objects from a French startup into a global leader acquired by SAP and champions European tech independence.
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Europe
Bernard Liautaud
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AI
Consumer
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Health
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About Bernard Liautaud

Bernard Liautaud is a venture capital investor at Balderton Capital who founded and led Business Objects from a 1990 French startup to a multibillion-dollar acquisition by SAP, making him one of the few VCs with experience building a European software company into a global leader. He co-created the business intelligence category in the 1990s and continues to be recognized as a pioneer who connects lessons from early data software to today's AI startups, while advocating for European technology independence in critical sectors.

About their Fund

Balderton Capital

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AI, Consumer, Fintech, Health, SaaS
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Balderton Capital operates as an equal partnership where founders access the collective expertise of all partners—many of whom are ex-founders or senior operators of multi-billion-dollar tech businesses—rather than being tied to a single deal partner, and has become Europe's most active Series A investor with early bets on companies like Revolut, Depop, and Darktrace. The firm runs a formal Founder Wellbeing & Performance platform that offers programming around mental and physical health, coaching, and peer-to-peer groups, treating founder health as a core part of company performance rather than a side benefit.

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