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

Elyssa Maufras du Châtellier

Investment Director

Edouard Combette

Investment Director

Charlotte Corbaz

Investment Drector - Large Venture

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

Romain Fourcade

Investment Director

Paul-Francois Fournier

Executive Director, Innovation Department

Pierre Gillet

Investment Director

Vanessa Giraud

Director of Environmental Impact Funds

Alessandro Gonella

Director

Gwenael Hamon

Investment Director

Laurent Higueret

Senior Investment Director, Healthcare and Life Sciences - Large Venture Fund

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

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 Managing Director

Bruno Villeneuve

Associate

Jean-Marie Fougeray

Senior Investment Director, Brittany

Past deals in Recycling

Ostrea

Seed Round in 2025
Ostrea is an industrial startup focused on producing a unique material derived from recycled shells. The company specializes in recovering shellfish waste and transforming it into eco-friendly sequins, which can be utilized in various applications such as furniture trays or surface coatings. By leveraging marine bio-sourced materials, Ostrea aims to offer sustainable alternatives for clients seeking innovative solutions in material design.

Keey Aerogel

Series A in 2025
Keey Aerogel specializes in the production of silica aerogel derived from construction waste using a closed-loop process that recycles carbon dioxide and ethanol. The company focuses on the valorization of silica-containing construction and demolition materials, transforming them into high-value aerogel products. These nanoporous materials are designed to enhance energy efficiency in the construction and refurbishment of buildings, as well as for various industrial applications. By leveraging waste materials, Keey Aerogel aims to contribute to sustainable practices while providing effective thermal insulation solutions in ambient conditions.

Extrajool

Seed Round in 2025
ExtraJool is a pioneering company that specializes in manufacturing waste heat recovery systems. These systems convert industrial waste heat into electricity, enabling clients to reduce their energy bills and lower their carbon footprint. By recycling lost heat and transforming it into a stable and cost-effective power source, ExtraJool's innovative technology offers a sustainable solution for industries seeking to decarbonize their operations.

Melia

Seed Round in 2025
Melia is a startup that manufactures eco-friendly heating pellets from non-forest wood waste sourced locally. The company's process transforms this waste into high-quality pellets, ensuring consistent performance and providing a stable, cost-effective, and sustainable heating solution for consumers.

CIXTEN

Seed Round in 2024
Cixten is a technology company that specializes in recycling low-temperature waste heat from various industrial processes. It achieves this by harnessing the unique properties of supercritical CO2, converting the waste heat into usable energy forms such as electricity, compressed gas, or thermal upgrades, as per the specific requirements of its clients. This process not only helps businesses reduce their reliance on traditional energy sources but also contributes to a more sustainable and efficient use of energy.

Neocem

Venture Round in 2024
Neocem is a manufacturer focused on producing low-carbon cements for the construction industry. The company has developed an innovative process that allows for the use of raw materials sourced from recovery sectors. By utilizing calcined flash clays, Neocem creates and promotes a range of environmentally friendly binders designed to reduce the carbon footprint associated with traditional cement production.

Tri’n’collect

Seed Round in 2023
Tri'n'collect provides a customized service for sorting, collecting, and recycling building trash. Tri'n'collect is a mission-driven corporation whose major goal is to protect the planet's natural resources by preventing building site waste and recycling it in a circular economic loop. T'n'C works with individual home builders, developers, real estate developers, public works companies, and renovation and deconstruction sites.

CIXTEN

Debt Financing in 2023
Cixten is a technology company that specializes in recycling low-temperature waste heat from various industrial processes. It achieves this by harnessing the unique properties of supercritical CO2, converting the waste heat into usable energy forms such as electricity, compressed gas, or thermal upgrades, as per the specific requirements of its clients. This process not only helps businesses reduce their reliance on traditional energy sources but also contributes to a more sustainable and efficient use of energy.

Anotherway

Debt Financing in 2023
Anotherway is a business dedicated to promoting sustainable living. It develops and provides a range of eco-friendly, reusable, and biodegradable products for daily use in the home, including cleaning, hygiene, and kitchen items. The company's mission is to help people transition to a healthier, more responsible lifestyle by reducing single-use plastic and lowering carbon footprints. Anotherway's products are designed to be practical, simple, and cost-effective, and they are locally manufactured using eco-conscious materials. By offering these alternatives, Anotherway enables customers to reduce waste, support local economies, and adopt environmentally responsible habits.

Mecaware

Series A in 2023
MECAWARE specializes in battery recycling technology aimed at recovering critical metals and rare earth elements, thus supporting the sustainable supply chain for the battery sector. The company focuses on resource circularity and enhancing strategic autonomy through innovative solutions that promote eco-efficient industrial practices. By providing services for recycling critical metals from end-of-life batteries and production scraps, MECAWARE helps its customers secure their supply of essential materials while minimizing environmental impact.

Circul'Egg

Grant in 2023
Circul'Egg specializes in recycling eggshells from various companies, converting them into two primary products: calcium carbonate powder and shell membrane powder. By promoting sustainable practices within the circular economy, Circul'Egg addresses the growing demand for eco-friendly ingredients in the animal feed, nutraceutical, and cosmetics markets. Its offerings are designed to meet the needs of various stakeholders, including those in pet food, farm animal feed, dietary supplements, and cosmetic industries. The company emphasizes the natural, biobased, and vegetarian aspects of its products, ensuring they are both environmentally friendly and rich in valuable minerals and biomolecules. Established in Paris, Ile-de-France, France, Circul'Egg plays a crucial role in transforming waste into valuable resources for multiple sectors.

Eramet

Grant in 2023
ERAMET is a world leader in alloy metals, including manganese and nickel, and high-end metallurgy. ERAMET also develops activities with high growth potential, such as mineralized sands (titanium dioxide and zircon), lithium and recycling. The Group employs approximately 13,000 people in 20 countries.

respire

Venture Round in 2023
Respire is a manufacturer and provider of environmentally friendly cosmetic products focused on promoting healthy skin. The company offers a diverse range of vegan and recyclable items, including deodorants, hair care products, toothpaste, face and body creams, cleansers, makeup removers, and solid shampoos and conditioners. Additionally, Respire produces specialized items such as exfoliators, gel showers, and natural sun cream sprays. With a commitment to all-natural ingredients, Respire aims to deliver effective beauty solutions that are both sustainable and beneficial for consumers' skin.

Saola

Venture Round in 2023
Saola is an eco-friendly footwear company that develops one-of-a-kind shoes out of recycled and bio-based materials. Saola shoes are made from recycled PET, algae bloom foam, natural cork and organic cotton.

ROSI

Debt Financing in 2022
ROSI is a company based in Grenoble, France, that focuses on innovative recycling and revalorization technologies tailored for the photovoltaic industry. The company specializes in recovering ultra-pure silicon and other valuable metals that are typically lost during the manufacturing of photovoltaic cells and at the end of solar panel life cycles. By valorizing silicon waste generated during the solar wafer slicing process, as well as fine silicon particles lost during production, ROSI aims to make the production of photovoltaic modules more sustainable and cost-effective.

Tri’n’collect

Seed Round in 2022
Tri'n'collect provides a customized service for sorting, collecting, and recycling building trash. Tri'n'collect is a mission-driven corporation whose major goal is to protect the planet's natural resources by preventing building site waste and recycling it in a circular economic loop. T'n'C works with individual home builders, developers, real estate developers, public works companies, and renovation and deconstruction sites.

Phenix

Venture Round in 2022
Phenix is a waste management company focused on reducing waste and promoting a circular economy by maximizing the potential of unsold products. With a dedicated team of approximately 100 employees, Phenix offers a platform that facilitates the management of unsold goods for over 1,000 clients across various sectors, including retail, industry, and catering. The company provides comprehensive collaborative and logistical services, enabling clients to efficiently handle their excess stock while minimizing social and environmental impact. By connecting manufacturers and retailers with charities and organizations, Phenix plays a crucial role in donating unsold products, thereby helping clients actively participate in the fight against waste and promoting corporate social responsibility.

Edaphos

Venture Round in 2022
Edaphos is an international holding company providing eco-friendly soil remediation solutions to transform waste and barren soil into fertile soil.

Sintermat

Seed Round in 2022
Sintermat is a powder metallurgy company that specializes in providing innovative material solutions for the metal industry as well as various customer application sectors. The company develops performance materials tailored for industries such as luxury goods, packaging, aeronautics, defense, and industrial tooling. Sintermat emphasizes sustainability by utilizing bio-based materials, including wood, leather, horn, husk, coffee grounds, oyster shells, snail shells, and fish scales, in its production processes. This approach not only addresses the material needs of diverse industries but also supports sustainable and responsible resource management through materials-saving and recycling services.

Circle Sportswear

Seed Round in 2022
Circle Sportswear is an online retailer specializing in sportswear made from recycled and recyclable materials. The company offers a diverse range of products, including t-shirts, pants, shorts, and leggings, all designed with sustainability in mind. Utilizing non-toxic and ecological fabrics such as Tencel, Circle Sportswear provides comfortable activewear that is both affordable and environmentally friendly. By focusing on a circular economy model, the company aims to reduce waste and promote responsible consumerism in the fashion industry.

Emb-i-Pack

Venture Round in 2021
Emb-i-Pack specializes in the reuse and mechanical recycling of plastic waste. They provide services that include collection, material recycling, reincorporation, and reuse. They offer local collection of the industrial packaging and the plastic waste.

Recyc-Matelas Europe

Venture Round in 2021
Recyc-Matelas Europe, founded in 2010 and based in Colombes, France, specializes in recycling services for bedding products, including mattresses, duvets, and pillows. The company focuses on dismantling, reconditioning, and marketing materials extracted from these items, contributing to environmental sustainability by reducing waste and promoting resource recovery. As a subsidiary of Recyc-Mattresses Inc., Recyc-Matelas Europe plays a vital role in the circular economy, offering effective solutions for the treatment of worn springs and other components from bedding materials. Through its operations, the company aims to create a positive social and environmental impact.

Glasster'native

Seed Round in 2021
Recycling glass through producing cement

Volpy

Venture Round in 2019
Volpy is an application designed for the buying, exchanging, and recycling of secondhand smartphones. It allows users to quickly assess the value of their devices through user-friendly tests, providing estimates within minutes. Volpy aims to offer competitive prices for secondhand smartphones compared to other operators in the industry. The platform not only facilitates the sale and exchange of smartphones but also promotes responsible innovation and environmental sustainability by contributing to a circular economy model. Through its services, Volpy enables users to transition from their old devices to either refurbished or new smartphones, supporting eco-friendly practices.

Phenix

Venture Round in 2018
Phenix is a waste management company focused on reducing waste and promoting a circular economy by maximizing the potential of unsold products. With a dedicated team of approximately 100 employees, Phenix offers a platform that facilitates the management of unsold goods for over 1,000 clients across various sectors, including retail, industry, and catering. The company provides comprehensive collaborative and logistical services, enabling clients to efficiently handle their excess stock while minimizing social and environmental impact. By connecting manufacturers and retailers with charities and organizations, Phenix plays a crucial role in donating unsold products, thereby helping clients actively participate in the fight against waste and promoting corporate social responsibility.

Hainaut Plast Industry

Seed Round in 2015
Hainaut Plast Industry specializes in the production and marketing of recycled polyvinyl butyral (PVB) granules, catering to the plastics, automotive, and commercial sectors. The company focuses on the end-of-life recycling of PVB film, primarily sourced from laminated glasses and automotive windshields. Its products serve various applications, including laminated glass manufacturing, car windscreens, and coatings, as well as acting as a binding agent for materials and textiles. By providing an ecological and economical alternative to traditional raw materials, Hainaut Plast Industry positions itself as a secondary raw material producer, supporting industrial users in adopting sustainable practices.

Recommerce Group

Venture Round in 2013
Recommerce Group specializes in providing trade-in and remarketing solutions for second-hand mobile phones across Europe. The company focuses on the refurbishment and resale of smartphones, employing innovative proprietary technologies to enhance the lifecycle of these devices. Its services encompass a comprehensive range of solutions, including multi-channel trade-in options, reverse logistics, data erasure, and customer support, along with marketing and e-commerce support. Recommerce Group also offers rental services for smartphones and tablets, catering to diverse clients such as mobile operators, distributors, e-tailers, and manufacturers. With a strong presence in France, Spain, Switzerland, and Poland, the company collaborates with notable retailers and mobile network operators to promote sustainable practices in the electronics market. Founded in 2009 and headquartered in Paris, Recommerce Group is dedicated to giving smartphones a second life while providing affordable access to quality electronics.
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