Bpifrance

Bpifrance Financement S.A. is a French financial institution that provides a wide range of financing solutions and support services for businesses at various stages of their development. Established in 1980 and based in Maisons-Alfort, France, the company offers medium to long-term loans, export insurance, real estate and equipment leasing, and working capital loans. Bpifrance also invests in startups, small and medium-sized enterprises (SMEs), and mid-cap companies through direct investments and fund management activities. Additionally, it provides consulting services for executives and training for CEOs, aiming to facilitate innovation and growth. Bpifrance was formed from the merger of several entities in July 2013, including OSEO, CDC Entreprises, and FSI, to enhance its role in supporting the financing of the French economy.

Laurent Arthaud

Managing Director

Marion Aubry

Investment Director

Emmanuel Audouard

Director of Cross-Functional Investments Venture Capital

Elyssa Maufras du Châtellier

Investment Director

Charlotte Corbaz

Deputy Director of the Large Venture Fund and Deputy Managing Director

Sofia Dahoune

Associate

Vanessa Giraud

Managing Director

Laurent Higueret

Senior Investment Director, Healthcare and Life Sciences - Large Venture Fund

Hortense Jacon

Investment Associate

Veronique Jacq

Head of Digital Venture team

So-Yeon Koo

Senior Investment Manager

Eric Lefebvre

Director

Arnaud Legardeur

Investment Director

Serge Mesguich

Director

Louis Molis

Investment Director

Adrien Neel

Investment Director

Gilles Schang

Deputy Director

Tuan Tran

Investment Director / VC

Past deals in Africa

Odaptos

Seed Round in 2023
Odaptos designs and markets a SaaS product to perform usability testing in videoconferencing, analyze human emotions, and provide results and insights to understand the end-users. It is an artificial intelligence platform that allows users to perform usability testing.

Nutripure

Private Equity Round in 2022
Nutripure is a Digital Native Vertical Brand (DNVB), which develops and distributes food supplements and organic superfoods.

LISAqua

Seed Round in 2022
LISAqua operates a sustainable aquaculture farm focused on breeding prawns using an innovative process that avoids antibiotics and pollution. The company's farming methodology incorporates advanced predictive modeling technology to monitor and anticipate changes in pond water conditions. By employing the perm aquaculture method, which integrates complementary species to create a closed marine ecosystem, LISAqua aims to provide responsibly sourced seafood to consumers and communities. This approach not only enhances environmental sustainability but also promotes healthy seafood production.

CarbonWorks

Series A in 2022
CarbonWorks specializes in the development of algae photobioreactors that utilize microalgae to capture and convert carbon dioxide. The company's technology industrializes microalgal photosynthesis, enabling the transformation of carbon emissions from various manufacturers into biomass. This biomass can be used in agricultural biocontrol products, as well as in human and animal food markets. By focusing on the large-scale production of safe bioproducts, CarbonWorks aims to help industries reduce their carbon footprints and promote sustainability.

Asilimia

Pre Seed Round in 2021
Asilimia is a mobile payment platform designed to facilitate financial transactions for African micro-entrepreneurs. The application allows users to send money through M-PESA quickly and without transaction fees, making it a cost-effective solution for digital money transfers. Users can deposit funds into their M-PESA accounts and use the Asilimia app to send money to any other M-PESA account seamlessly. In addition to its payment capabilities, Asilimia helps business owners manage their finances by digitizing transactions and providing tools for cash-based accounting. This comprehensive approach enables micro-entrepreneurs to maintain accurate financial records, track outstanding debits and credits, and streamline their business operations.

Asilimia

Debt Financing in 2021
Asilimia is a mobile payment platform designed to facilitate financial transactions for African micro-entrepreneurs. The application allows users to send money through M-PESA quickly and without transaction fees, making it a cost-effective solution for digital money transfers. Users can deposit funds into their M-PESA accounts and use the Asilimia app to send money to any other M-PESA account seamlessly. In addition to its payment capabilities, Asilimia helps business owners manage their finances by digitizing transactions and providing tools for cash-based accounting. This comprehensive approach enables micro-entrepreneurs to maintain accurate financial records, track outstanding debits and credits, and streamline their business operations.

Echoliv

Grant in 2021
Echoliv is a medical technology company specializing in artificial intelligence solutions for abdominal ultrasound. The company develops software designed to assist radiologists and hepatologists in early-stage screening for hepatocellular carcinoma, the most common type of liver cancer. Echoliv's flagship product, Ultraliv, employs advanced algorithms to identify nodules that may be overlooked by practitioners, enhancing diagnostic accuracy and improving patient care. By integrating AI into the ultrasound process, Echoliv aims to support healthcare professionals in delivering timely and effective treatment for liver cancer.

LISAqua

Seed Round in 2021
LISAqua operates a sustainable aquaculture farm focused on breeding prawns using an innovative process that avoids antibiotics and pollution. The company's farming methodology incorporates advanced predictive modeling technology to monitor and anticipate changes in pond water conditions. By employing the perm aquaculture method, which integrates complementary species to create a closed marine ecosystem, LISAqua aims to provide responsibly sourced seafood to consumers and communities. This approach not only enhances environmental sustainability but also promotes healthy seafood production.

Younited

Venture Round in 2021
Younited SA is a financial technology company that operates an online platform designed to connect individual lenders with borrowers, facilitating financial transactions without the need for traditional financial intermediaries. Founded in 2009 and headquartered in Paris, France, Younited aims to provide credit with full transparency, allowing borrowers to share their testimonials and experiences. The company, previously known as PRET d'UNION S.A. until its rebranding in March 2016, focuses on creating a streamlined and direct lending experience for its users.

Agilitest

Seed Round in 2021
Agilitest specializes in a no-code functional testing platform that enables users to create, maintain, and automate software tests across various technologies, including web, desktop, mobile, and web services. The platform is designed to support both technical and non-technical software testers, providing an intuitive and robust solution for functional testing. By streamlining the testing process, Agilitest helps organizations achieve their automation goals effectively, ensuring a comprehensive view of software quality at all times. As Agile methodologies and DevOps practices gain traction, Agilitest's approach caters to the evolving needs of software development teams, facilitating scalable codeless functional testing.

Voyageurs du Monde

Post in 2021
Voyageurs du Monde SA operates as a travel agency in France and internationally. It organizes individual personalized trips, honeymoons, family holidays, romantic weekend trips, summer holidays, cruise tours, world tours, and diving trips to Japan, Italy, Egypt, Australia, South Africa, Indonesia, the United States, Brazil, and Greece. The company also offers travel for groups and companies, such as business trips. Voyageurs du Monde SA was founded in 1979 and is headquartered in Paris, France. Voyageurs du Monde SA is a subsidiary of Avantage SA.

Wifirst

Private Equity Round in 2019
Wifirst is a telecom operator that offers a network capable of absorbing the spectacular rise in Internet usage. It also offers high value-added services and making WiFi the technical base for the digital transformation of its customers. It operates several hundred thousand intuitive, secure, high-performance connected spaces in Europe and Africas. It was founded in 2002 and is headquartered in Paris, France.

Younited

Series F in 2019
Younited SA is a financial technology company that operates an online platform designed to connect individual lenders with borrowers, facilitating financial transactions without the need for traditional financial intermediaries. Founded in 2009 and headquartered in Paris, France, Younited aims to provide credit with full transparency, allowing borrowers to share their testimonials and experiences. The company, previously known as PRET d'UNION S.A. until its rebranding in March 2016, focuses on creating a streamlined and direct lending experience for its users.

TalentSoft

Series D in 2019
TalentSoft SA is a developer of cloud-based talent management software, founded in 2007 and based in Boulogne-Billancourt, France. The company offers a comprehensive suite of solutions that support various aspects of talent management, including employee recruitment, performance appraisal, career development, learning, and compensation management. Its software facilitates multilingual employee portals, enhances employer branding, and allows for the customization of appraisal documents and development plans. Additionally, TalentSoft promotes internal mobility and provides tools for effective workforce and competency planning. The company has established a global presence with subsidiaries and partnerships across Africa, North America, Asia, and Europe, demonstrating its commitment to international growth. TalentSoft’s innovative approach and strategic collaborations with major technology firms, such as Microsoft, have solidified its position as a leader in the SaaS-based talent management sector.

Kalray

Venture Round in 2018
Kalray S.A. is a French company that specializes in developing low-power, high-performance manycore processor solutions. The company provides a range of products, including its MPPA processor family, which utilizes patented supercomputing-on-a-chip technology to deliver efficient processing for data centers and critical embedded applications in sectors such as aerospace, defense, and automotive. Kalray also offers data center solutions like the Kalray Target Controller, which supports optimized storage systems, and TurboBoost for offloading encryption and decryption processes. Additionally, the company supplies software development kits, including AccessCore for programming its processors and Kalray Neural Network for implementing deep learning applications. Its product lineup extends to PCIe acceleration boards and various development platforms, serving markets such as autonomous vehicles, artificial intelligence, data storage, networking, and computer vision. Kalray is headquartered in Montbonnot Saint Martin, France.

NeoXam

Private Equity Round in 2018
NeoXam is a financial software company that serves asset management and capital market firms by providing cost-efficient and reliable solutions. With over 150 clients across 25 countries, NeoXam processes more than $14 trillion in assets daily and supports over 10,000 users. The company specializes in automating complex processes through a hybrid delivery model, enabling financial institutions to access critical information consistently and optimize their operations. By leveraging a talented workforce of over 450 employees and maintaining offices in key financial hubs including Paris, New York, and Hong Kong, NeoXam helps both buy-side and sell-side entities navigate the evolving financial landscape, enhancing their ability to grow and serve their clients effectively.

TheAgent

Venture Round in 2018
The Agent SAS operates a digital platform designed to facilitate connections between fashion brands and e-retailers. Founded in 2006 and based in Paris, France, the company enables brands to access a vast international network of e-tailers while offering secure payment options and a digital catalog. Retailers benefit from a comprehensive selection of brands, with features that allow them to filter products by style, price, and category. The platform serves hundreds of European designer brands and connects them with e-retailers across 30 countries, including the USA, UK, Germany, and various regions in the Middle East and Africa.

OpenAirlines

Debt Financing in 2018
OpenAirlines, established in 2006 in Toulouse, France, specializes in providing software solutions aimed at optimizing flight operations for airlines and reducing operational costs. The company employs a combination of airline experts and data scientists to develop innovative tools that focus on fuel savings, crew management, and fleet optimization. Its flagship products include SkyBreathe®, which helps airlines save fuel, CrewIntelligence™ and CrewPad™ for effective crew management, and OptiFleet™ for fleet optimization. Utilizing advanced big data algorithms, OpenAirlines analyzes extensive in-flight data to enhance flight efficiency, enabling airlines to make informed decisions that lead to cost reductions. The company serves a diverse clientele across Europe, Asia, the Americas, and Africa.

Younited

Series F in 2017
Younited SA is a financial technology company that operates an online platform designed to connect individual lenders with borrowers, facilitating financial transactions without the need for traditional financial intermediaries. Founded in 2009 and headquartered in Paris, France, Younited aims to provide credit with full transparency, allowing borrowers to share their testimonials and experiences. The company, previously known as PRET d'UNION S.A. until its rebranding in March 2016, focuses on creating a streamlined and direct lending experience for its users.

Eversend

Grant in 2017
Eversend SAS, founded in 2017 and based in Paris, France, offers a multi-currency e-wallet application that enables users to send and receive money, buy cryptocurrency, create virtual cards, and purchase airtime. The platform leverages blockchain technology to provide a digital payment gateway, facilitating electronic money transfers to bank accounts and mobile payments while minimizing costs associated with fees and foreign exchange. In addition to its current services, Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment options. The company aims to grow its presence in Nigeria, Francophone Africa, and Europe while utilizing funds for product development, user acquisition, and regulatory compliance.

Vocalcom

Private Equity Round in 2014
Vocalcom is a global provider of contact center software and sales acceleration technology, founded in 1995 and headquartered in Paris, France. The company develops innovative, cloud-based solutions that enhance productivity and deliver personalized customer service across multiple channels, including voice, text, social media, and video. With over 3,500 clients, including notable brands like McDonald's and Disney, Vocalcom's software supports more than 550,000 users and is designed to streamline customer interactions while reducing operational costs. Its offerings include a range of applications such as predictive dialers, live chat tools, and speech recognition software, all aimed at optimizing customer engagement and improving sales effectiveness. Vocalcom's products cater to various sectors, including telemarketing and debt collection, and are compliant with industry standards. The company also provides consulting, training, and support services to ensure effective implementation and usage of its software. With a presence in multiple countries, Vocalcom helps businesses transform customer service into a competitive advantage.

Talend

Venture Round in 2013
Talend S.A. specializes in providing data integration and integrity solutions across diverse industries worldwide. The company's flagship product, Talend Data Fabric, is a comprehensive software platform designed to integrate data and applications in real time, accommodating both cloud and traditional environments. This platform enables organizations to collect, govern, transform, and share data, thereby facilitating a unified view of business operations and enhancing decision-making processes. Talend's offerings include various functionalities such as data ingestion, big data integration, application and cloud integration, and self-service data preparation. Additionally, the company provides professional services, including strategic advisory support and technical training. Talend markets its products directly to customers as well as through channel partners, and has established strategic partnerships to enhance its data integration capabilities. Founded in 2005 and headquartered in Suresnes, France, Talend continues to focus on delivering trusted data solutions that empower organizations to navigate complex data challenges effectively.

TalentSoft

Series B in 2013
TalentSoft SA is a developer of cloud-based talent management software, founded in 2007 and based in Boulogne-Billancourt, France. The company offers a comprehensive suite of solutions that support various aspects of talent management, including employee recruitment, performance appraisal, career development, learning, and compensation management. Its software facilitates multilingual employee portals, enhances employer branding, and allows for the customization of appraisal documents and development plans. Additionally, TalentSoft promotes internal mobility and provides tools for effective workforce and competency planning. The company has established a global presence with subsidiaries and partnerships across Africa, North America, Asia, and Europe, demonstrating its commitment to international growth. TalentSoft’s innovative approach and strategic collaborations with major technology firms, such as Microsoft, have solidified its position as a leader in the SaaS-based talent management sector.

TalentSoft

Venture Round in 2012
TalentSoft SA is a developer of cloud-based talent management software, founded in 2007 and based in Boulogne-Billancourt, France. The company offers a comprehensive suite of solutions that support various aspects of talent management, including employee recruitment, performance appraisal, career development, learning, and compensation management. Its software facilitates multilingual employee portals, enhances employer branding, and allows for the customization of appraisal documents and development plans. Additionally, TalentSoft promotes internal mobility and provides tools for effective workforce and competency planning. The company has established a global presence with subsidiaries and partnerships across Africa, North America, Asia, and Europe, demonstrating its commitment to international growth. TalentSoft’s innovative approach and strategic collaborations with major technology firms, such as Microsoft, have solidified its position as a leader in the SaaS-based talent management sector.
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