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 Hardware

Pasqal

Series B in 2023
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

Devialet

Venture Round in 2022
Devialet SAS is an audio technology company based in Paris, France, founded in 2007. It specializes in hybrid amplification technology that combines analog and digital elements to enhance audio devices. The company offers a range of products, including wireless earbuds, speakers, and amplifiers, as well as solutions for vinyl playback. Devialet aims to make its audio technology universally accessible and has developed products such as the Gemini wireless earbuds. Its offerings are available for purchase online and through various dealers and retail locations both in France and internationally.

Luos

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

Pasqal

Series A in 2021
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

C12

Seed Round in 2021
C12 Quantum Electronics develop reliable quantum processors with carbon nanotubes. Its unique technology reduces drastically the error rate, making the platform a prime candidate for noisy intermediate-scale quantum applications. The Paris, Ile-de-France, France-based company was formed in 2019 by Pierre and Matthieu Desjardins.

C12

Grant in 2021
C12 Quantum Electronics develop reliable quantum processors with carbon nanotubes. Its unique technology reduces drastically the error rate, making the platform a prime candidate for noisy intermediate-scale quantum applications. The Paris, Ile-de-France, France-based company was formed in 2019 by Pierre and Matthieu Desjardins.

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.

Authentic Material

Venture Round in 2019
SAS Authentic Material designs and manufactures wooden and metal products for tableware, packaging, glasses, accessories, jewelry and clock making, and decoration applications. It offers horn, leather, composite, wood, shell, salers horn powders, and more. The company was incorporated in 2016 and is based in Toulouse, France.

Addev Materials

Private Equity Round in 2019
Addev Materials specializes in the transformation of high-performance materials.

Styckr

Pre Seed Round in 2018
STYCKR SAS offers an asset management solution that uses a self-contained product-based system for tracking, inventorying, securing, zoning, and measuring the products throughout their lifecycle. It also provides software as a service (SaaS) platform that collects and analyzes devices data to supply business intelligence applications, which enables actionable insights and eases the decision-making process. The company was founded in 2017 and is based in Le Chesnay, France.

T.A.P. France

Private Equity Round in 2018
TAP Group designs, manufactures and markets storage and handling equipment for a highly diverse professional clientele, from SMEs to key accounts, in France and abroad.

Leet Design

Seed Round in 2017
LEET DESIGN S.A.S. designs and markets connected design products. Its product includes, E-Bulle, an egg-shaped connected armchair that combines a computer workstation with comfort. It can be set up in offices, co-working spaces, business and exhibition centers, multimedia and lounge areas, and cultural spaces. The company was incorporated in 2015 and is based in Creuzier-le-Vieux, France.

Devialet

Series C in 2016
Devialet SAS is an audio technology company based in Paris, France, founded in 2007. It specializes in hybrid amplification technology that combines analog and digital elements to enhance audio devices. The company offers a range of products, including wireless earbuds, speakers, and amplifiers, as well as solutions for vinyl playback. Devialet aims to make its audio technology universally accessible and has developed products such as the Gemini wireless earbuds. Its offerings are available for purchase online and through various dealers and retail locations both in France and internationally.

PKparis

Venture Round in 2016
PKparis creates storage products for laptops, tablets, smartphones, homes, and individuals. It offers memory sticks, wireless keys, and keychains. The company’s products include K’Ring: a smart keychain; K’lip: a USB key; K’2: a dual-key microSD; K’3: a USB 3.0 device; K’1: a USB 3.0 device; and K’Save: a 3in1 kit for iOS and Android. PKparis was founded in 2013 and is based in Paris, France.

Actual Systemes

Venture Round in 2016
Actual Systemes operates in the field of indirect B to B distribution of IT hardware and software at national level. The company strength lies in our value strategy through their ability to support their clients in project mode to provide them with advice and services. Strategy increased by the acquisition of a host allowing to propose a CLOUD By ACTUAL offer in phase with our ecosystem. In a world where competition is fierce, the development strategy of ACTUAL Systèmes since its recovery in 2007, confers it in a spirit of a start-up with the advantage of a reputation gained and recognized by world leaders in the field. IT. Actual Systemes was founded in 1992 and is headquartered in Merignac, France.

Ledger

Grant in 2015
Ledger develops security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology. Launched in 2014, Ledger has designed an acclaimed line of hardware security devices quickly placing the company as a global leader on the market with 1,000,000 units sold in more than 165 countries. For enterprises and corporations, Ledger introduced the Vault: a fully managed SaaS solution addressing the need to safeguard a very large amount of multiple cryptocurrencies while mitigating both IT and physical assault threats. The company is also active on the industrial IoT market, leveraging its secure hardware technology to interface sensors and machines to smart contracts or blockchain based assets. Ledger is headquartered in Paris, has a production facility in Vierzon (France) and offices in San Francisco.

Groupe Ermic Developpement

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

HYD&AU

Private Equity Round in 2013
HYD&AU, founded in 1977 and based in Vayres, France, specializes in the manufacture and distribution of hydraulic and automation equipment. The company provides mechatronic solutions for both mobile and industrial applications, focusing on fluid management and mechatronic engineering. Its product offerings include industrial electrical cabinets, automated systems, and wiring assemblies, catering to diverse customer needs worldwide. Through its subsidiaries, HYD&AU aims to deliver innovative and reliable solutions in the field of hydraulic and electromechanical equipment.

Oree

Seed Round in 2012
We are the Hermes of high tech: We craft emotional consumer tech products with the finest natural materials. We create emotions in technology by bringing French design and the finest materials to the world of high tech. We offer a radical alternative to the impersonal tech products made from cheap plastics or aluminum. We do so through a proprietary combination of handcrafting know-how and advanced technologies we developed to offer customized yet affordable products made from the finest materials.

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.
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