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 Embedded Software

EyeLights

Series A in 2023
EyeLights SAS is a company based in Labege, France, specializing in the design and manufacture of GPS-enabled motorcycle helmets. Founded in 2016, EyeLights offers a unique head-up display system that projects critical information, such as GPS directions, hazard warnings, and traffic alerts, directly into the rider's field of vision. This innovative accessory enhances safety by allowing motorcyclists to keep their eyes on the road while accessing navigational and audio functions. The product is designed for easy installation on various helmet types and features compact optical technology that enables visibility over two meters. Its battery supports more than eight hours of use and is resistant to environmental factors such as rain and fog. By integrating with smartphones via Bluetooth, EyeLights aims to create a safer riding experience while ensuring that riders remain connected and informed.

Implicity

Series A in 2022
Implicity is a developer of a remote monitoring platform that enables the smart monitoring of patients with connected pacemakers and defibrillators. The platform utilizes artificial intelligence to sort and summarize patient data, assessing the criticality of alerts based on each patient's medical context. This innovative approach allows cardiologists and healthcare professionals to automate the remote monitoring process, consolidating patients' telepulse information into a single platform. By enhancing the efficiency of monitoring, Implicity aims to support hospital teams in delivering optimal quality care to their patients.

Luos

Grant in 2021
Get rid of electronics struggles thanks to an open source architecture to turn electronics devices and subsets as microservices.

VK Electronic

Debt Financing in 2021
VK Electronic provides integration, installation and maintenance services of electronic security solutions such as perimeter detection, access control, video surveillance and remote surveillance

Luos

Seed Round in 2021
Get rid of electronics struggles thanks to an open source architecture to turn electronics devices and subsets as microservices.

Luos

Grant in 2021
Get rid of electronics struggles thanks to an open source architecture to turn electronics devices and subsets as microservices.

Nextflow Software

Debt Financing in 2020
Nextflow Software operates as an industry specific independent software vendor. It develops and sells computer – aided engineering software in the field of computations fluid dynamic (CFD). Its solution includes ditching and sloshing to aeronautic industry; fording river crossing, gearbox lubrication, hydroplaning, rain on windshield and sloshing to automotive industry; dam break and flooding solutions to energy & environment industry; drilling solutions to industrial processes; ship resistance, wave impact loads and sloshing to marine & offshore industry. Its product includes studio and solvers. Nextflow Software was founded in 2015 and is based in Nantes, France.

Cartesiam

Venture Round in 2018
Cartesiam SAS is a French company founded in 2016, specializing in artificial intelligence software for microcontrollers. Based in Toulon, the company has developed NanoEdge AI, a technology that enables machine learning and data analysis directly on microcontrollers, enhancing the intelligence of connected devices. Cartesiam focuses on making objects smarter and more intuitive, addressing key challenges such as energy efficiency, security, and ease of deployment. The team consists of a diverse group of professionals, including mathematicians, engineers, and data scientists, all dedicated to advancing the capabilities of microcontroller-based applications in various industries.

Presto Engineering

Venture Round in 2018
Presto Engineering, Inc. is a provider of outsourced development operations for semiconductor and Internet of Things (IoT) device companies. Founded in 2006 and headquartered in San Jose, California, the company specializes in a wide array of services including turnkey IoT components, radio-frequency (RF) and mixed-signal solutions, wafer fabrication, and backend processing. It also offers comprehensive testing and qualification services, encompassing product debugging, reliability analysis, and failure analysis. Additionally, Presto Engineering delivers supply chain solutions and various lab services such as electrostatic discharge testing and compliance testing for high-definition multimedia interfaces. With offices in France, Thailand, and Taiwan, Presto Engineering serves a diverse client base, helping them minimize overhead, reduce risk, and accelerate time-to-market in the semiconductor industry.

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.

HireSweet

Venture Round in 2017
HireSweet SAS is a Paris-based company that specializes in artificial intelligence software designed to enhance the recruitment of software engineers. Established in 2016, the company offers a solution that scans various technical platforms, including GitHub and Stack Overflow, to identify qualified developers. By processing unstructured data such as profile descriptions, HireSweet categorizes candidates based on their skills, project experience, and adaptability, enabling companies to make informed hiring decisions. Its clientele includes notable organizations like Doctrine, eFounders, Deezer, Nokia Health, Sqreen, and CallDesk. Through its innovative approach, HireSweet empowers tech companies to regain control of their hiring processes and effectively connect with top engineering talent.

Internest

Grant in 2017
Internest is a developer of a precise positioning system designed for rotating winged vehicles. The company's system utilizes a local landing system which is an embedded system with firmware and hardware to provide robust and accurate positioning information for all visibility, weather and environment, enabling security companies, military and maritime companies to assist drones and helicopters in their critical operations to improve flight safety.

Effigénie

Venture Round in 2017
Effigénie SAS, founded in 2011 and based in Lille, France, specializes in energy management software. The company's flagship product, Effipilot, is designed to optimize energy consumption in tertiary buildings, achieving reductions of over 20%. In addition to enhancing energy efficiency, Effipilot also aims to improve the comfort of occupants within these spaces.

Delfmems

Series C in 2014
Delfmems SAS develops, manufactures, and licenses radio-frequency micro-electro-mechanical-systems switching technology for small-signal switching applications. It offers stand-alone single pole double throw radio frequency switches for automatic test equipment and instrumentation, mobile, telecom infrastructure, military, and space applications. The company's technology also allows developing digital and variable capacitors. Delfmems SAS was founded in 2005 and is headquartered in Villeneuve d'Ascq, France.

Groupe Ermic Developpement

Private Equity Round in 2014
Groupe Ermic Developpement has design and manufacture of microcomputer, electronic, electrical, and mechanical equipment.

Delfmems

Series B in 2013
Delfmems SAS develops, manufactures, and licenses radio-frequency micro-electro-mechanical-systems switching technology for small-signal switching applications. It offers stand-alone single pole double throw radio frequency switches for automatic test equipment and instrumentation, mobile, telecom infrastructure, military, and space applications. The company's technology also allows developing digital and variable capacitors. Delfmems SAS was founded in 2005 and is headquartered in Villeneuve d'Ascq, France.

Cortus

Private Equity Round in 2011
Cortus S.A.S. specializes in the design and delivery of silicon-proven embedded processor intellectual property products. The company offers a range of processors including the APS3R, tailored for embedded systems in wireless communications and security, the APS25, a high-performance 32-bit CPU, and the FPS26, a versatile 32-bit microcontroller core. Additionally, Cortus provides an eclipse-based integrated development environment and GNU-based toolchain for software development, along with various peripherals and advanced processing solutions for system integration and application porting. Its products cater to diverse applications, including IoT devices, industrial control, and automotive systems. With a strong emphasis on customization, Cortus collaborates with clients to develop specific system-on-chip solutions, leveraging its extensive portfolio of in-house intellectual property, which includes both proprietary and RISC-V processors. Established in 2005 and headquartered in Montpellier, France, Cortus operates globally with sales locations in several countries, supporting a wide array of industries. The company has also formed strategic partnerships to enhance its technological offerings.

ITN

Venture Round in 2008
ITN, European Independent Software Vendor (ISV) of insurance software solutions and components, is the strategic partner of insurance companies and mutual insurance societies, bank insurers, wholesale insurers and brokers, for the optimization and industrialization of information systems.
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