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 MENA

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.

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.

iWire

Series A in 2021
iWire is a UAE based company established since 2009, providing IT services to enterprise clients. As the digital era is unfolding at a breath-taking pace, we are determined to provide leading-edge solutions in the following domains to address the new market realities. o Internet of Things o IT Optimization o Digital Transformation

EasyMile

Series B in 2021
EasyMile SAS, founded in 2014 and based in Toulouse, France, specializes in the development of driverless autonomous vehicles and last-mile smart mobility solutions. The company manufactures the EZ10, an electric and autonomous vehicle designed to enhance mobility in urban and suburban settings. EasyMile's technology supports a range of applications, including shared transport, passenger shuttles, and intralogistics automation, enabling clients to transform transportation for both passengers and goods. With a workforce of approximately 70 employees, EasyMile operates not only in France but also has offices in Singapore and Denver, and collaborates with value-added resellers in regions such as Japan and the Middle East. The company is focused on organic growth and aims to provide innovative mobility options for communities and businesses.

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.

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.

Agricool

Series B in 2018
Agricool SAS, founded in 2015 by Guillaume Fourdinier and Gonzague Gru, is a French company based in La Courneuve that specializes in urban farming using repurposed shipping containers. The company aims to provide local, tasty, and pesticide-free fruits and vegetables by creating controlled environments that optimize conditions for growth, including lighting, air quality, and irrigation. This innovative approach allows Agricool to achieve productivity levels 120 times greater than conventional farming methods while significantly reducing water usage by over 90%. Currently, Agricool primarily cultivates strawberries in cities like Paris and Dubai, with plans to expand its offerings to a wider variety of fruits and vegetables in the future, contributing to the urban farming movement and addressing global food supply challenges.

EasyMile

Series B in 2018
EasyMile SAS, founded in 2014 and based in Toulouse, France, specializes in the development of driverless autonomous vehicles and last-mile smart mobility solutions. The company manufactures the EZ10, an electric and autonomous vehicle designed to enhance mobility in urban and suburban settings. EasyMile's technology supports a range of applications, including shared transport, passenger shuttles, and intralogistics automation, enabling clients to transform transportation for both passengers and goods. With a workforce of approximately 70 employees, EasyMile operates not only in France but also has offices in Singapore and Denver, and collaborates with value-added resellers in regions such as Japan and the Middle East. The company is focused on organic growth and aims to provide innovative mobility options for communities and businesses.

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.

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.

Kyriba

Series E in 2017
Kyriba Corp. develops cloud-based treasury management software solutions tailored for CFOs, treasurers, and financial professionals. The company offers a software-as-a-service (SaaS) platform that provides visibility and reporting to help optimize cash management, control bank accounts, manage liquidity, and ensure compliance. Kyriba's solutions include tools for financial risk management, working capital optimization, and a global multi-bank payment system for treasury and supplier payments. Additionally, Kyriba facilitates bank relationship management, payment management, and trade solutions to enhance operational efficiency. Founded in 2000 and headquartered in San Diego, California, Kyriba serves a diverse clientele ranging from mid-sized organizations to Fortune 500 companies, with offices in major global cities, including New York, Paris, London, Tokyo, and Dubai. The company focuses on automating financial operations, reducing the risk of fraud, and enabling better decision-making through advanced analytics.

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.

SIGFOX

Series E in 2016
Sigfox is the world’s leading provider of connectivity for the Internet of Things (IoT). The company has built a global network to connect billions of devices to the Internet while consuming as little energy as possible, as simply as possible. Sigfox’s unique approach to device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption, and global scalability. Today, the network is present in 26 countries and on track to cover 60 by 2018 – covering a population of 397 million people. With millions of objects connected and a rapidly growing partner ecosystem, Sigfox empowers companies to create new innovations on the IoT. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet, the company is headquartered in Labège near Toulouse, France’s “IoT Valley”. Sigfox also has offices in Paris, Madrid, Munich, Boston, San Francisco, Dubai and Singapore.

Kyriba

Series D in 2016
Kyriba Corp. develops cloud-based treasury management software solutions tailored for CFOs, treasurers, and financial professionals. The company offers a software-as-a-service (SaaS) platform that provides visibility and reporting to help optimize cash management, control bank accounts, manage liquidity, and ensure compliance. Kyriba's solutions include tools for financial risk management, working capital optimization, and a global multi-bank payment system for treasury and supplier payments. Additionally, Kyriba facilitates bank relationship management, payment management, and trade solutions to enhance operational efficiency. Founded in 2000 and headquartered in San Diego, California, Kyriba serves a diverse clientele ranging from mid-sized organizations to Fortune 500 companies, with offices in major global cities, including New York, Paris, London, Tokyo, and Dubai. The company focuses on automating financial operations, reducing the risk of fraud, and enabling better decision-making through advanced analytics.

Cirpack

Venture Round in 2015
Cirpack telecom service providers can now promote innovative telephony including the best of fixed and mobile services, to create new opportunities for increased revenues from enterprise sales. Founded in 1998, Cirpack is a leader in Voice over IP (VOIP) software solutions and telecommunication platforms for telecom operators to ensure the convergence of their voice, data and video services (triple play offerings) on their network. IP. The Group is present in France, Germany, Mexico, Lebanon and Vietnam. Recognized for the strength and reliability of its solutions, Cirpack Group offers flexibility and responsiveness to its customers to support them in their communication strategies over Voice over IP. The company offers a full range of innovative products to over 15 million subscribers and 150 operators worldwide thanks to the modularity and ease of integration and operation of its solutions. In parallel, Cirpack provides advice, support and maintenance to its customers.

English Attack

Series A in 2015
English Attack is an online platform dedicated to English language learning, targeting independent teachers, schools, universities, language institutes, and companies in Greece and Cyprus. Founded in 2009 and based in Paris, the platform offers a unique approach by using digital entertainment to enhance language acquisition. Its offerings include interactive video exercises based on popular movies, TV series, music, and current events, along with visual dictionaries and engaging language games that help users practice vocabulary and comprehension skills. The service is available through subscription models for individual learners, multi-user licenses for educational institutions, and language training programs for companies. English Attack emphasizes a fun and engaging learning experience, positioning itself within the growing $35 billion English language learning market.

SIGFOX

Series D in 2015
Sigfox is the world’s leading provider of connectivity for the Internet of Things (IoT). The company has built a global network to connect billions of devices to the Internet while consuming as little energy as possible, as simply as possible. Sigfox’s unique approach to device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption, and global scalability. Today, the network is present in 26 countries and on track to cover 60 by 2018 – covering a population of 397 million people. With millions of objects connected and a rapidly growing partner ecosystem, Sigfox empowers companies to create new innovations on the IoT. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet, the company is headquartered in Labège near Toulouse, France’s “IoT Valley”. Sigfox also has offices in Paris, Madrid, Munich, Boston, San Francisco, Dubai and Singapore.

SIGFOX

Series C in 2014
Sigfox is the world’s leading provider of connectivity for the Internet of Things (IoT). The company has built a global network to connect billions of devices to the Internet while consuming as little energy as possible, as simply as possible. Sigfox’s unique approach to device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption, and global scalability. Today, the network is present in 26 countries and on track to cover 60 by 2018 – covering a population of 397 million people. With millions of objects connected and a rapidly growing partner ecosystem, Sigfox empowers companies to create new innovations on the IoT. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet, the company is headquartered in Labège near Toulouse, France’s “IoT Valley”. Sigfox also has offices in Paris, Madrid, Munich, Boston, San Francisco, Dubai and Singapore.

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.
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