Bpifrance

Bpifrance is a financial institution dedicated to supporting companies throughout their development stages, particularly those preparing for stock market listing and seeking credit equity. The organization provides a range of financial solutions, including financing, innovation assistance, and capital investment. By integrating various entities such as OSEO and CDC Entreprises, Bpifrance aims to deliver tailored financial support that addresses the specific needs of businesses. The institution is committed to fostering innovation and helping companies transition toward sustainable growth, ensuring they are well-equipped to face future challenges.

Laurent Arthaud

Managing Director

Marion Aubry

Investment Director

Emmanuel Audouard

Director of Transverse Venture Capital Investments Division

Benoit Barteau Ph.D

Investment Director

Nicolas Berdou

Investment Director, Defense Expert

Clarisse Blandin

Investment Director

Edouard Combette

Investment Director

Charlotte Corbaz

Deputy Director of the Large Venture Fund and Deputy Managing Director

Nicolas Dardenne

Senior Investment Director, Normandy (Caen Rouen)

Arnaud Despoisse

Director of Occitanie Participations

Philippe Dutheil

Investment Director

Mailys Ferrere

Director of Large Venture Investments

Jean-Marie Fougeray

Senior Investment Director, Brittany

Paul-Francois Fournier

Executive Director, Innovation Department

Pierre Gillet

Investment Director

Vanessa Giraud

Managing Director

Gwenaël Hamon

Senior Investment Director

Laurent Higueret Ph.D

Senior Investment Director

Louis Janneau

Investment Director and Fund Manager

Magali Joessel

Director of Funds

So-Yeon Koo

Senior Investment Manager

Jérôme Langlade

Investment Director Aquitaine / Limousin / Poitou-Charentes

Eric Lefebvre

Director

Stephane Lefevre-Sauli

Senior Investment Director

Arnaud Legardeur

Investment Director

Chahra Louafi

Senior Investment Director

Elyssa Maufras du Châtellier

Investment Director

Quentin Mayolle

Senior Investment Officer

Serge Mesguich

Director of FIT

Laure Michel

Investment Director

Louis Molis

Investment Director

Jean-Francois Morin

Investment Director

Sébastien Moynot

Director

Adrien Muller

Investment Director

Adrien Néel

Investment Director

Axel Piriou

Director of Investments

Olivier Rameil

Senior Investment Director / VC seed

Vincent Roque

Director

Thibaut Roulon Ph.D

Investment Director

Gilles Schang

Deputy Director

Claire Waché

Senior Investment Officer

Past deals in Cyber Security

Sekoia.io

Series B in 2025
Sekoia.io is a developer of an advanced security operations center (SOC) platform that equips security teams with tools to effectively identify and respond to significant cyber threats across their entire attack surface. The platform integrates real-time detection and automation, allowing teams to manage the complexities and high volumes of security incidents while reducing false positives. By continuously analyzing emerging threats and implementing strategic responses, Sekoia.io enables organizations to enhance their security posture and respond to threats more swiftly and reliably than traditional security information and event management (SIEM) systems. This proactive approach ensures that clients remain informed and prepared against evolving cyber risks.

Patrowl

Series A in 2024
Patrowl is a pioneering cybersecurity solution that automates vulnerability detection and remediation. It employs AI and expert knowledge for real-time asset identification and vulnerability assessment across wide areas. The platform offers an intuitive dashboard to visualize security levels, provides tailored remediation solutions, and facilitates tracking of remediation progress.

Soteria Lab

Venture Round in 2024
Soteria Lab specializes in comprehensive cybersecurity services, focusing on protecting small and medium-sized businesses globally. Their offerings include security consulting, assessments, incident response, and training to enhance clients' cyber resilience and safeguard sensitive data.

YesWeHack

Series C in 2024
YesWeHack is a prominent Bug Bounty and Vulnerability Management Platform founded in 2015. The company connects organizations worldwide with tens of thousands of ethical hackers who identify vulnerabilities in various digital assets, including websites and mobile applications. YesWeHack's offerings encompass a range of cybersecurity solutions, such as Bug Bounty programs, Vulnerability Disclosure Policies (VDP), Pentest Management, and Attack Surface Management platforms. Its client base includes notable organizations like ZTE, Tencent, Swiss Post, Orange France, and the French Ministry of Armed Forces. By employing ethical hackers to test for vulnerabilities, YesWeHack enables companies to enhance their security measures and effectively mitigate potential network breaches.

EDAMAME Technologies

Pre Seed Round in 2024
In software, security challenges often clash with the need for agility and productivity, leaving critical gaps at the edges of the Software Development Life Cycle (SDLC) that traditional security frameworks fail to address. Our solution is designed to bridge these security gaps without compromising development speed or flexibility. Our innovative, patent-pending technology secures every facet of the SDLC—from developer workstations and contractor devices to CI/CD runners and testing machines—through a unique confidentiality model, versatile deployment options, and alignment with SDLC threat models.

Prove & Run

Series A in 2023
Prove & Run has been created with the idea that large scale deployment of connected objects will become a target for remote cyber-attacks and that the technologies in use in the mobile industry were insufficient to answer to the challenge. When designing connected objects, security engineers can in effect rely on three pillars: (1) Secure elements or hardware coprocessors; (2) Trusted Execution Environment (TEE) or secure OSs; (3) Hardware - or software-based hypervisors. In order to resist to sophisticated remote attacks, the last two need to be formally proven so as to be as close as possible to zero-bugs. This is what we have done at Prove & Run with ProvenCore, a formally proven secure OS and ProvenVisor a next generation secure hypervisor. In most cases using of single instance of ProvenCore on a given connected object will be sufficient to protect against hackers with multi-million dollar budgets.

Tenacy

Debt Financing in 2023
Tenacy is a SaaS platform for compliance and risk management that provides cloud-based risk assessment and management software to oversee cybersecurity processes across organizations, measure performance, and report security services. The software enables collaboration to assess and define risks, manage incidents and deviations, and create dashboards and benchmark data, while delivering decision support to improve security governance. By integrating precise, tailor-made cybersecurity governance, it helps organizations protect their operations and enhance business resilience.

Inspeere

Seed Round in 2023
Inspeere is a technology company that specializes in providing enterprise-level data backup solutions. It offers a distributed backup service, charging a flat fee regardless of the data volume. The company's solution, developed through extensive research at the I3S Laboratory, UMR CNRS, ensures that each data saved remains under the control of its owner, providing a high level of security and confidentiality. Inspeere's service is designed to protect both local and outsourced backups, eliminating the need for data centers, and connects storage units using advanced technology.

Dattak

Series A in 2023
Dattak is a provider of cyber insurance solutions that leverages advanced cybersecurity technologies to enhance risk management for businesses. The company focuses on facilitating insurance brokers in delivering effective resolutions to their clients, particularly targeting small and medium-sized enterprises as well as veterinary specialists and emergency services. By utilizing innovative cybersecurity tools, Dattak assesses the cybersecurity posture of organizations without the need for complicated questionnaires. This approach not only streamlines the insurance process but also equips policyholders with essential tools to prevent and defend against cyberattacks, ultimately helping to reduce overall risk and enhance security in an increasingly digital landscape.

Cleyrop

Series A in 2023
Cleyrop provides a comprehensive data management solution. It offers a collaborative workspace with features including secure access control, scalable infrastructure management, deployment of data pipelines, visualization tools for data stories, and centralized data asset accessibility.

Qontrol

Seed Round in 2023
Qontrol is a provider of cloud-based cyber risk analysis and assessment solutions. The company focuses on enhancing cyber protection by analyzing risks, raising awareness, and improving skills in cybersecurity. Its platform is designed to detect potential risks and offer remedies to mitigate these threats. Qontrol's software is particularly aimed at helping small and medium-sized enterprises (SMEs) and startups protect their businesses and sensitive data. The platform provides a comprehensive tool for managing cyber health, ensuring that companies can confidently inform their partners of their robust cybersecurity measures.

Legapass

Pre Seed Round in 2022
Legapass specializes in secure digital asset management. Its platform offers encrypted storage, offline safes, identity verification, and controlled data transfer, enabling users to protect sensitive information and facilitate secure transmission of digital assets while ensuring privacy and compliance.

Dust Mobile

Series B in 2022
Founded in 2017, Dust Mobile operates as a secure-by-design global carrier specializing in cybersecurity solutions for mobile networks. It offers comprehensive protection against cellular network threats and cyber-attacks, safeguarding voice, text, data communications, and SIM cards across 2G, 3G, 4G LTE, and 5G networks.

Snowpack

Seed Round in 2022
Snowpack develops network security software designed to safeguard digital freedom. Its platform automatically defines secure routes, shields against cyber threats, and renders user data invisible, making it unusable to potential attackers.

NEEDEMAND

Pre Seed Round in 2022
NEEDEMANd is a software development, data, and artificial intelligence company. Their services include artificial intelligence, machine learning, security services, database management, app development, and training services.

Sensivic

Seed Round in 2022
Sensivic is a developer of advanced audio detection technologies aimed at enhancing security and video surveillance systems. The company specializes in real-time intelligent audio detectors that can identify various sound events, including power tools, audible incivilities, and gunshots. These products are designed for integration into existing security systems, thereby improving their efficiency and effectiveness in monitoring indoor and outdoor environments. Sensivic's innovative solutions leverage artificial intelligence, machine learning, and edge computing, catering to the needs of communities, businesses, and institutions seeking robust safety measures. Through its focus on intelligent audio detection, Sensivic aims to provide cutting-edge tools that significantly boost the performance of security systems.

Vade Secure

Venture Round in 2022
Vade Secure is a leading global provider of advanced email security solutions, specializing in anti-phishing, malware, and ransomware protection through heuristic filtering. The company’s language-independent technology analyzes incoming emails, including links, attachments, and content, to detect and neutralize threats in real-time. Vade Secure also addresses low-priority emails through its Graymail Management feature, which automatically filters out ads, social media notifications, and newsletters, enhancing user experience. With a user base exceeding 500 million mailboxes across 76 countries, Vade Secure's solutions are widely adopted by major internet service providers, original equipment manufacturers, and enterprises worldwide. The company operates in five countries, including the USA, Canada, France, Hong Kong, and Japan, providing round-the-clock support to its clients.

RFence

Seed Round in 2022
RFence specializes in analyzing and securing radio frequency environments. They offer solutions tailored for critical infrastructure sites such as logistics facilities, government buildings, ports, airports, and prisons, aiming to protect wireless networks from potential threats.

Tenacy

Seed Round in 2022
Tenacy is a SaaS platform for compliance and risk management that provides cloud-based risk assessment and management software to oversee cybersecurity processes across organizations, measure performance, and report security services. The software enables collaboration to assess and define risks, manage incidents and deviations, and create dashboards and benchmark data, while delivering decision support to improve security governance. By integrating precise, tailor-made cybersecurity governance, it helps organizations protect their operations and enhance business resilience.

Kubo Labs

Pre Seed Round in 2022
Kubo Labs offers a cloud-based platform that proactively identifies and addresses misconfigurations and security vulnerabilities in Kubernetes clusters. Its solution simulates real-life scenarios to detect potential issues, enabling businesses to promptly resolve emerging problems and optimize cluster performance.

GitGuardian

Series B in 2021
GitGuardian specializes in Non-Human Identity security, offering solutions for detecting secrets in code, enhancing productivity tools, and preventing leaks. With over 600K developers worldwide using its platform, GitGuardian helps organizations identify exposed sensitive information and mitigate potential damage.

Mantra

Seed Round in 2021
Mantra specializes in enhancing cybersecurity by focusing on human vulnerability training. The company provides automated phishing simulations designed to continuously educate teams, ensuring they are well-equipped to identify and respond to even the most advanced phishing attempts. This approach helps organizations strengthen their defenses against phishing attacks by fostering a culture of vigilance and preparedness among employees.

CrowdSec

Seed Round in 2021
CrowdSec is an open-source cybersecurity platform that specializes in analyzing visitor behavior to enhance online security. The company’s software provides real-time threat detection and security automation, allowing users to respond effectively to various types of attacks. By leveraging a community-driven approach, CrowdSec enables its users to share information about blocked IP addresses, thereby enhancing collective security measures across the internet. Its focus on behavior analysis and data breach prevention positions CrowdSec as a valuable resource for organizations seeking to protect their digital assets from emerging threats.

Anozr Way

Seed Round in 2021
Anozr Way is a cybersecurity software developer focused on safeguarding businesses from cyber threats that exploit human vulnerabilities. The company utilizes open-source intelligence technology to provide continuous monitoring for various attack scenarios, including phishing, ransomware, identity theft, and data leakage. By anticipating potential attacks, Anozr Way empowers users to protect both their professional and personal digital lives against prevalent cyber risks.

Weliom

Venture Round in 2021
Weliom is a consulting firm based in France that specializes in digital healthcare services. The company focuses on aiding health organizations by providing expertise in information systems security, digital strategy, and project management. Weliom aims to enhance patient and user experiences through digital innovation while also supporting healthcare professionals in their practices. The firm addresses the economic, ethical, and societal challenges faced by the health sector, ensuring that its services align with the evolving demands of the industry.

Sis ID

Series A in 2021
Founded in 2016, Sis ID is a fintech company dedicated to combating bank transfer fraud. It offers a collaborative platform featuring a shared repository, private blockchain for enhanced roles and tools to verify bank account ownership, ensuring secure payment data storage and accelerating digital finance transformation.

Preligens

Series A in 2020
Preligens is a technology company that specializes in artificial intelligence-driven solutions aimed at enhancing operational decision-making in defense and intelligence sectors. The company focuses on automating the analysis of geospatial intelligence (GEOINT) workflows, employing advanced machine learning and computer vision techniques. By aggregating information from various multi-intelligence sources such as imagery, electromagnetic signals, and open-source data, Preligens provides its clients with strategic insights into mission-critical areas. This capability enables intelligence agencies to make informed decisions quickly and anticipate potential threats, ultimately contributing to a safer world.

CybelAngel

Series B in 2020
CybelAngel is a cybersecurity company specializing in detecting data leaks from external sources such as the visible web, dark web, and connected storage. It employs AI-driven algorithms and human expertise to rapidly identify and report incidents, enabling clients to swiftly remediate issues.

InterCloud

Series C in 2019
InterCloud is a European leader in Software-Defined Interconnectivity, focused on transforming how organizations connect to the cloud. The company offers a platform that enables Connectivity as Code, providing clients with enhanced visibility and control over their cloud resources. InterCloud's solutions are designed to meet the security and compliance needs of global multinationals such as SNCF, Schneider Electric, and Veolia, as they navigate the hybridization of their business applications. With a strong emphasis on digital transformation, the platform facilitates private connectivity and cloud networking, allowing organizations to seamlessly integrate cloud resources with their internal infrastructure. Major cloud vendors, including Amazon Web Services, Microsoft, and Google Cloud, have chosen InterCloud to enhance their connectivity offerings, underscoring the company's reputation for delivering reliable and flexible cloud solutions.

CybelAngel

Series A in 2018
CybelAngel is a cybersecurity company specializing in detecting data leaks from external sources such as the visible web, dark web, and connected storage. It employs AI-driven algorithms and human expertise to rapidly identify and report incidents, enabling clients to swiftly remediate issues.

Styckr

Pre Seed Round in 2018
Styckr is a technology company based in Berkeley, California, specializing in autonomous data retrieval for risk management in industrial assets. Founded in 2017, Styckr offers a comprehensive end-to-end solution that ensures security, traceability, and control throughout the lifecycle of assets. Its innovative system utilizes advanced sensors to collect and process various types of big data, including geo-positioning, temperature, humidity, shocks, and pressure. The company employs strong algorithms to monitor fleets, predict both internal and external risks, detect malicious activities, and identify fraudulent networks. Additionally, Styckr's AI-powered platform provides in-depth data analysis, enabling insurers to automate processes such as triggering refunds based on verifiable events and measurements, thus enhancing operational efficiency and accountability.

ISORG

Series B in 2018
Isorg SA, founded in 2010 and based in Grenoble, France, specializes in the development and manufacturing of organic and printed electronic devices, particularly in the fields of photonics and image sensors. The company is noted for its innovative high-performance opto-electronic sensors, which can be integrated into various products, transforming surfaces made of plastic or glass into smart interfaces. Isorg offers a comprehensive range of services, from proof-of-concept to mass production, catering to diverse applications across consumer electronics, home appliances, smart buildings, industrial sectors, healthcare, and safety. Additionally, the company provides support for product development and integration. Its technology includes large-area image sensors and photodetectors, contributing to sectors such as medical imaging, non-destructive testing, and data security.

Seald

Seed Round in 2017
Seald is a company specializing in end-to-end encryption solutions, offering a Software Development Kit (SDK) that allows developers to easily integrate high-level data security into their applications with minimal coding and no prior cryptography expertise required. Their encryption technology is certified by the French National Cybersecurity Agency (ANSSI) and is designed to provide granular protection, securing each piece of data individually. Seald's tools automatically incorporate encryption across various formats, including applications, documents, and emails, ensuring that businesses maintain control over their sensitive information. The company hosts its servers in France through a local service provider, emphasizing its commitment to data privacy by guaranteeing that it does not access customer data.

InterCloud

Series B in 2017
InterCloud is a European leader in Software-Defined Interconnectivity, focused on transforming how organizations connect to the cloud. The company offers a platform that enables Connectivity as Code, providing clients with enhanced visibility and control over their cloud resources. InterCloud's solutions are designed to meet the security and compliance needs of global multinationals such as SNCF, Schneider Electric, and Veolia, as they navigate the hybridization of their business applications. With a strong emphasis on digital transformation, the platform facilitates private connectivity and cloud networking, allowing organizations to seamlessly integrate cloud resources with their internal infrastructure. Major cloud vendors, including Amazon Web Services, Microsoft, and Google Cloud, have chosen InterCloud to enhance their connectivity offerings, underscoring the company's reputation for delivering reliable and flexible cloud solutions.

Preligens

Seed Round in 2016
Preligens is a technology company that specializes in artificial intelligence-driven solutions aimed at enhancing operational decision-making in defense and intelligence sectors. The company focuses on automating the analysis of geospatial intelligence (GEOINT) workflows, employing advanced machine learning and computer vision techniques. By aggregating information from various multi-intelligence sources such as imagery, electromagnetic signals, and open-source data, Preligens provides its clients with strategic insights into mission-critical areas. This capability enables intelligence agencies to make informed decisions quickly and anticipate potential threats, ultimately contributing to a safer world.

Interway Group

Venture Round in 2016
Interway Group is an IT services company that specializes in providing digital technology solutions tailored for retail and mass distribution sectors. The firm offers a range of consulting and expertise to address various digital technology needs, including network infrastructure, Wi-Fi systems, security solutions, and electronic payment systems. By focusing on optimizing the performance of retail businesses, Interway Group aims to enhance operational efficiency and support clients in adapting to the evolving digital landscape.

SERMA NES Network Engineering & Security

Private Equity Round in 2016
SERMA NES is to accelerate its development, whilst ensuring an innovation-lead service offering in all domains of cyber security.

Synchrone

Private Equity Round in 2015
Synchrone is a consulting firm that specializes in providing high-level expert assessments and tailored solutions for complex technological issues across various industries, including finance, transport, and services. The company acts as a preferred partner for major banking and financial institutions, as well as insurance companies, offering expertise in finance consulting, cybersecurity, data management, and software integration. Synchrone leverages its business acumen, methodological expertise, and technological proficiency to support clients in their strategic initiatives, particularly in areas such as financial services, cloud computing, big data, and digital intelligence.

Ledger

Grant in 2015
Ledger is a prominent company specializing in security and infrastructure solutions for cryptocurrencies and blockchain applications, established in 2014 and headquartered in Paris, France. The company has become a leader in the market with over one million hardware security devices sold across more than 165 countries. Its flagship products, including the Ledger Nano S and Ledger Nano X, are designed for secure management of cryptocurrencies, featuring built-in displays and connectivity options for ease of use. For enterprises, Ledger offers Ledger Vault, a fully managed SaaS solution that safeguards substantial amounts of multiple cryptocurrencies while addressing physical and IT security threats. Additionally, Ledger is actively engaged in the industrial Internet of Things (IoT) sector, utilizing its secure hardware technology to connect sensors and machines to blockchain-based assets. The company also operates a production facility in Vierzon, France, and maintains offices in San Francisco.

ISORG

Venture Round in 2014
Isorg SA, founded in 2010 and based in Grenoble, France, specializes in the development and manufacturing of organic and printed electronic devices, particularly in the fields of photonics and image sensors. The company is noted for its innovative high-performance opto-electronic sensors, which can be integrated into various products, transforming surfaces made of plastic or glass into smart interfaces. Isorg offers a comprehensive range of services, from proof-of-concept to mass production, catering to diverse applications across consumer electronics, home appliances, smart buildings, industrial sectors, healthcare, and safety. Additionally, the company provides support for product development and integration. Its technology includes large-area image sensors and photodetectors, contributing to sectors such as medical imaging, non-destructive testing, and data security.

Systancia

Venture Round in 2012
Systancia SA is a French company specializing in desktop and application virtualization, remote access, and cloud computing software. Founded in 1998 and headquartered in Sausheim, France, Systancia offers a range of products including AppliDis Fusion 4 for application and desktop virtualization, AppliDis ezPrint for integrated universal printing, and IPdiva Secure for secure remote access to IT systems. The company's solutions are designed to meet the functional and technical needs of centralized environments, thereby simplifying the management of identities and authorizations. Systancia has established a diverse clientele, including notable organizations such as Apave, Cat Group, and various healthcare institutions. It has also formed strategic partnerships with several companies to enhance its market presence in France and Europe, contributing to its ongoing growth in the field of server-based computing and cybersecurity.

Wallix

Venture Round in 2012
Wallix is a European cybersecurity software company specializing in privileged account governance. It offers solutions like Bastion, Trustelem, Best Safe, and INSIDE to protect critical IT assets. With over 770 clients, including prominent organizations like Alain Afflelou and PSA Peugeot-Citroën, Wallix has a strong presence across Europe and EMEA.

Wallix

Venture Round in 2007
Wallix is a European cybersecurity software company specializing in privileged account governance. It offers solutions like Bastion, Trustelem, Best Safe, and INSIDE to protect critical IT assets. With over 770 clients, including prominent organizations like Alain Afflelou and PSA Peugeot-Citroën, Wallix has a strong presence across Europe and EMEA.
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