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 Biofuel

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.

Elicit Plant

Series A in 2022
Elicit Plant is an agro-biotech company focused on enhancing the water resistance of crops and developing innovative phytosterol-based solutions. The company aims to facilitate the ecological transition in agriculture by addressing global challenges posed by climate change, particularly its impact on major crops. Elicit Plant utilizes proprietary technology that leverages phytosterols to improve plant stress resistance and activate natural defenses. Extensive field trials conducted across three continents have shown that these biosolutions are a viable option for farmers, offering consistent and significant returns on investment.

NewHeat

Venture Round in 2021
NewHeat is a company based in Begles, France, that specializes in the ownership and operation of solar heat production plants. Founded in 2015, it focuses on the financing, engineering, procurement, construction, and operation of these facilities. NewHeat transforms solar radiation into usable heat, utilizing solar thermal collectors to convert solar energy into water, steam, and thermal oil. The company's activities contribute to the renewable energy sector by harnessing solar energy for practical applications.

Deinove

Post in 2020
Deinove SA is a France-based company active in the renewable fuels sector. It specializes in the development and commercial exploitation of processes for production of biofuels and other compounds of industrial or pharmaceutical value.

Deinove

Post in 2019
Deinove SA is a France-based company active in the renewable fuels sector. It specializes in the development and commercial exploitation of processes for production of biofuels and other compounds of industrial or pharmaceutical value.

Boralex

Post in 2016
Boralex Inc. is a power producer specializing in the development and operation of renewable energy power stations, primarily in Canada, France, the United Kingdom, and the United States. The company has a diverse portfolio that includes wind, solar, hydroelectric, and thermal power generation technologies. As of late 2019, Boralex operated 85 wind power stations with a total capacity of 1,795 megawatts, alongside 16 hydroelectric stations with 182 megawatts, two thermal stations with 47 megawatts, and three solar stations with 16 megawatts. Boralex's operating assets are largely supported by indexed fixed-price energy sales contracts, ensuring stable revenue streams. Founded in 1982 and headquartered in Kingsey Falls, Canada, Boralex employs approximately 250 people and is recognized for its extensive expertise in the renewable energy sector.

Global Bioenergies

Post in 2015
Global Bioenergies SA is a French company established in 2008, specializing in the development of a biological process to convert renewable resources into isobutene, a crucial petrochemical building block. The company is unique in Europe for its innovative approach to producing hydrocarbons through fermentation, focusing not only on isobutene but also on other gaseous olefins such as propylene and butadiene. In addition to its production efforts, Global Bioenergies offers engineering services related to gas fermentation processes and is engaged in converting industrial emissions and gaseous carbon sources into valuable chemical compounds. The company operates an industrial pilot and is constructing a demonstration plant in Germany, while preparing for its first full-scale facility through a joint venture with Cristal Union called IBN-One.

DualSun

Series B in 2014
DualSun facilitates access to the BEPOS (positive energy building). The company has developed an innovative solar panel that provides both electricity and hot water to homes, on a reduced surface on the roof. Currently, conventional photovoltaic panels store unnecessarily heat. Thanks to its heat exchanger backing the panel, the DualSun recovers this energy to produce domestic hot water in addition to electricity. Thus, the captured energy is used in its entirety.
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