Capital Markets Associate

About Us

Lyceum is building AI-native GPU infrastructure for the next generation of deep-tech companies. We're an early-stage team moving fast, obsessed with customer value, and focused on building a category-defining product.

The Role

Lyceum is building critical European GPU infrastructure, and that takes capital - equity, debt, and everything in between. As Capital Markets Associate, you'll focus on sourcing, structuring, and closing capital across the stack: venture equity, asset-backed lending, project finance, and strategic co-investment. You'll work directly with the CFO to build relationships with investors, lenders, and institutional partners, and you'll own the analytical backbone of every capital raise.

What You'll Do

• Source and manage relationships with equity investors (VC, growth, sovereign wealth), debt providers (banks, infra funds, asset-backed lenders), and strategic partners
• Build and maintain detailed financial models for fundraising: DCFs, LBO-style returns analyses, project finance models for GPU infrastructure
• Structure and negotiate term sheets, credit facilities, and co-investment arrangements
• Own the data room, investor materials, and due diligence process for all capital raises
• Monitor capital markets for relevant financing opportunities, benchmark Lyceum's capital structure against peers, and advise on optimal timing and instruments
• Support grant and subsidy applications (e.g. IPCEI, EU Innovation Fund) where relevant

What We're Looking For

• 2-4 years in investment banking (coverage or capital markets), infrastructure/project finance, private credit, or growth equity
• Strong financial modelling and structuring skills across equity and debt instruments
• Track record of investor or lender relationship management
• Understanding of infrastructure economics, asset-backed financing, or technology capital markets
• Fluent in English; German is a plus
• High conviction about the opportunity in European AI infrastructure

Why Us?

• Outstanding team: Work with some of the best engineers in the world, coming from hedge funds, big tech, AI startups and top universities
• Once in a lifetime opportunity: Early-stage company in the fastest-growing market in the world
• Ownership: Shape how European AI companies access GPU compute
• European mission: Build sovereign, GDPR-compliant AI infrastructure for the next generation of deep-tech