CDC Enterprises

CDC Enterprises is a French government-owned fund of funds based in Paris, with a focus on early-stage investments. Established in 1998 as the investment arm of CDC Groupe, it specialized in the high technology sector and supported the creation of investment companies dedicated to startups. With a capital of €150 million, CDC Enterprises aimed to stimulate co-funding opportunities for emerging businesses. In 2013, it merged with other institutions to form Bpifrance, which consolidated various investment initiatives under one umbrella, thereby enhancing its capacity to support innovation and economic development in France.

Isabelle Bebear

Deputy CEO

Olivier Martinez

Investment Director

25 past transactions

Kiplin

Seed Round in 2021
Kiplin is a developer of a health prevention program platform that utilizes gamification to encourage physical activity and prevent sedentary lifestyles. The platform is designed to facilitate lifestyle changes through engaging games that promote daily movement. By incorporating impact measurement and behavioral change techniques, Kiplin provides a digital therapeutic solution supported by a scientific committee. This enables organizations to implement effective corporate wellness strategies aimed at fostering an active environment for their employees.

SuperSonic Imagine

Private Equity Round in 2013
SuperSonic Imagine SA is a medical technology company that specializes in developing and manufacturing advanced ultrasound imaging systems. Founded in 2005 and headquartered in Aix-en-Provence, France, the company is renowned for its Aixplorer system, which provides high-definition imaging and is particularly effective in diagnosing and monitoring breast, prostate, and thyroid cancers, as well as liver diseases. The Aixplorer system incorporates ShearWave technology, enabling quantitative elastography that measures tissue elasticity. SuperSonic Imagine operates primarily in markets such as China, the United States, and various European countries, distributing its products through a network of offices and distributors. As a subsidiary of Hologic Hub Ltd, the company continues to innovate in the field of medical imaging, enhancing the capabilities of healthcare professionals.

McPhy Energy

Venture Round in 2013
McPhy Energy S.A. is a French cleantech company based in La Motte, established in 2008. It specializes in developing and supplying equipment for hydrogen production, storage, and distribution, catering to the hydrogen energy, zero-emission mobility, and industrial hydrogen markets globally. The company's product portfolio includes alkaline electrolyzers that facilitate hydrogen production in various capacities, as well as innovative solid-state hydrogen storage solutions. Additionally, McPhy designs and manufactures hydrogen refueling stations and integrated hydrogen solutions, positioning itself as a key player in the transition towards sustainable energy systems.

Delfmems

Series B in 2013
Delfmems SAS, founded in 2005 and headquartered in Villeneuve d'Ascq, France, specializes in the development, manufacturing, and licensing of radio-frequency micro-electro-mechanical systems (MEMS) switching technology. The company focuses on small-signal switching applications, providing stand-alone single pole double throw switches suitable for automatic test equipment, instrumentation, mobile telecommunications infrastructure, as well as military and space applications. Delfmems' technology supports the creation of digital and variable capacitors, aiming to enhance connectivity and meet the growing data demands of next-generation 4G and 5G handsets. Their RF MEMS switching solutions deliver low voltage operation, high performance, and hot switching capabilities, enabling clients to achieve increased bandwidth and bit rates for handling substantial data volumes.

AMI Paris

Seed Round in 2012
AMI Paris is a manufacturer and distributor of upscale apparel and accessories based in Paris, France. The brand offers a diverse range of products, including blazers, suits, swimwear, jackets, shoes, and leather goods. Known for its relaxed and authentic aesthetic, AMI Paris caters to a clientele seeking stylish yet comfortable fashion choices. The company operates as a boutique fashion site, providing a curated selection of clothing and accessories that reflect contemporary trends while maintaining a classic appeal.

Amplitude

Series B in 2012
AMPLITUDE TECHNOLOGIES is the global expert in the science, design and manufacture of high performance laser systems for a variety of specialist applications. ln addition to systems used for fundamental physics research, the company is a leading authority in the medical research domain including radiography and cancer treatment projects. AMPLITUDE TECHNOLOGIES offers worldwide project management experience. Its comprehensive project management program provides industry-leading levels of customer support. From the first steps of the design concept, to laboratory installation, training and ongoing after-sales requirements, the Amplitude team is on-hand to provide the support the application demands. Over a decade' s experience in the Science, design and development, and support of state-of-the-art systems in the field means that every AMPLITUDE TECHNOLOGIES system is engineered to be extremely robust and reliable, offering unparalleled performance no matter what the application.

Nexway

Series B in 2010
Nexway is an established ecommerce services company founded in 1995, specializing in enhancing the online sales capabilities of software, retail, and services businesses across 140 countries. Based in Paris and Nimes, Nexway offers a comprehensive range of digital commerce solutions, leveraging advanced technology to facilitate global sales, manage subscription models, and provide tailored payment options. The company focuses on creating a seamless customer experience that drives conversion, retention, and loyalty. With a strong foundation in software distribution, Nexway operates Nexway Connect, a global network dedicated to distributing video games and software for media companies and online merchants. Additionally, through asknet academics, Nexway serves as a centralized sourcing point for software e-procurement solutions for educational institutions worldwide.

Crocus Technology

Series C in 2010
Crocus Technology SA specializes in magnetic random access memory products and technologies tailored for the semiconductor and electronic systems industries. The company develops magnetic sensors and embedded memory technology that facilitate efficient sensor data gathering and processing. Its products are designed for diverse applications, including telecommunications, networking, storage, computing, and handheld devices. Crocus Technology's innovative solutions enable fast read and write operations while maintaining a compact footprint, which enhances chip performance and security for devices such as smart cards, mobile phones, and data servers. By focusing on high sensitivity, stable temperature performance, and low power consumption, the company aims to improve productivity for its clients across various sectors.

Group Phoebe Ingenica

Venture Round in 2010
Phoebe Ingenica, a Jouy-en-Josas, France-based company specialising in industrial engineering in the telecommunications, health, energy, aerospace and natural resources sectors.

Adocia

Series B in 2010
Adocia is a clinical-stage biotechnology company based in Lyon, France, founded in 2005 and initially named Proteins & Peptides Management S.A.S. It focuses on the development of innovative formulations of approved therapeutic proteins and peptides to treat diabetes and other metabolic diseases. The company utilizes its proprietary Biochaperone technology platform, which enhances the efficacy of these therapeutic agents. Adocia's clinical pipeline features products like Biochaperone Lispro, Biochaperone Combo, and Biochaperone Glucagon, while its pre-clinical pipeline includes BioChaperone LisPram and BioChaperone Glargine GLP-1, among others. Additionally, the company holds a patent portfolio that encompasses chronic wound healing, insulin therapy, and monoclonal antibodies.

Kewego

Series C in 2009
Kewego SA is a company that specializes in providing solutions for managing, broadcasting, and monetizing video content across various platforms, including the Internet, Intranet, and mobile devices. Founded in 2003 and originally named PulseVision SA, the company rebranded to Kewego SA in 2006 and is headquartered in Paris, France, with additional offices in Madrid, Munich, and Grenoble. Kewego offers a comprehensive Webcast solution that includes a video player, an administration console, and an application program interface (API) for seamless video broadcasting. Additionally, it provides a Web portal solution that features a personalized video player, allowing clients to integrate video portals into their websites. The company's services cater to a range of devices, including PCs, mobile phones, tablets, connected TVs, and gaming consoles, ensuring a versatile approach to video asset management.

Alyotech

Venture Round in 2008
Alyotech Group is an international industrial holding company which aims to consolidate and unite, by strategy build-up companies specializing in the field of technology consulting. A policy of external growth, representing two thirds of overall growth, has been established within the Group Alyotech. By late 2008, the group should achieve a turnover of 150 million and be listed.

Kewego

Series B in 2007
Kewego SA is a company that specializes in providing solutions for managing, broadcasting, and monetizing video content across various platforms, including the Internet, Intranet, and mobile devices. Founded in 2003 and originally named PulseVision SA, the company rebranded to Kewego SA in 2006 and is headquartered in Paris, France, with additional offices in Madrid, Munich, and Grenoble. Kewego offers a comprehensive Webcast solution that includes a video player, an administration console, and an application program interface (API) for seamless video broadcasting. Additionally, it provides a Web portal solution that features a personalized video player, allowing clients to integrate video portals into their websites. The company's services cater to a range of devices, including PCs, mobile phones, tablets, connected TVs, and gaming consoles, ensuring a versatile approach to video asset management.

Alyotech

Venture Round in 2007
Alyotech Group is an international industrial holding company which aims to consolidate and unite, by strategy build-up companies specializing in the field of technology consulting. A policy of external growth, representing two thirds of overall growth, has been established within the Group Alyotech. By late 2008, the group should achieve a turnover of 150 million and be listed.

Cytheris

Series B in 2006
Cytheris is a privately held clinical-stage biopharmaceutical company focused on research and development of therapies for immune modulation. These drugs aim at reconstituting and enhancing the immune system of patients suffering from cancer, chronic viral or bacterial infections such as HIV, HCV, and HBV or lympho-depleting treatments such as chemotherapy, radiotherapy, bone marrow transplantation (BMT) and hematopoietic cell transplantation (HCT).

ADITU SAS

Venture Round in 2006
Aditu SAS is a company based in Bidart, France, that specializes in providing digital data solutions, primarily in the Aquitaine region. Established in 2005, Aditu offers a range of services including data distribution, data flow management, web messaging, and website hosting. The company caters to various sectors, including health services, telecommunications, and public institutions, helping these organizations enhance their operational efficiency through effective data management and hosting solutions. Aditu's expertise in network management and server maintenance further supports businesses in optimizing their digital infrastructure.

Crocus Technology

Series A in 2006
Crocus Technology SA specializes in magnetic random access memory products and technologies tailored for the semiconductor and electronic systems industries. The company develops magnetic sensors and embedded memory technology that facilitate efficient sensor data gathering and processing. Its products are designed for diverse applications, including telecommunications, networking, storage, computing, and handheld devices. Crocus Technology's innovative solutions enable fast read and write operations while maintaining a compact footprint, which enhances chip performance and security for devices such as smart cards, mobile phones, and data servers. By focusing on high sensitivity, stable temperature performance, and low power consumption, the company aims to improve productivity for its clients across various sectors.

Tronics Microsystems

Series D in 2006
Tronics Microsystems is a manufacturer of sensors. They specialize in the fabrication and manufacturing of biomes devices and biosensors. They provide products and services for demanding industrial automation, oil & gas, and other industries.

Xytis

Series B in 2006
Xytis is a biopharmaceutical company focusing on the discovery and development of innovative CNS drug candidates. The company is privately held and was created in Jan 2006 by the merger of Xytis Pharmaceuticals Ltd. (UK) and Remergent, Inc. (USA). The company received funding from Sanderling Ventures, Atlas Venture, CDC Entreprises Innovation, and Ventech. Xytis Inc. is assembling a pipeline of innovative compounds with validated mechanisms of action, addressing major unmet clinical needs in CNS fields such as Schizophrenia, Traumatic Brain Injury, Depression, Anxiety, or Insomnia. The company has two clinical stage compounds in development and operates from the USA, UK and Switzerland.

IntegraGen

Series B in 2005
IntegraGen is a French biotechnology company located in the Genopole life science park in Evry, near Paris. The company focuses on the development of genetic biomarkers and offers a range of genomic and bioinformatic services. These services cater to the pharmaceutical industry, biotech firms, and various research institutions, encompassing clinical research, basic and human genetic research, bioinformatics, and bioanalysis. Additionally, IntegraGen provides solutions for agrigenomics and offers tools for microbiologic research, capitalizing on its unique intellectual property and research expertise.

Anevia

Series A in 2005
Anevia is a software company specializing in IPTV and over-the-top (OTT) video solutions, aimed at delivering live TV and video on demand (VOD) services across various devices, including TVs, PCs, and mobile devices. With a presence in over 70 countries and more than 1,000 deployments, Anevia supports millions of users and provides access to over 25,000 live channels. The company's offerings include advanced video compression, multiscreen IPTV headends, Cloud DVRs, and content delivery network (CDN) solutions, enabling the seamless delivery of high-quality video content, including 4K UHD, to diverse audiences. Anevia's technology is utilized by prominent telecom operators, broadcast service providers, and businesses in sectors such as hospitality and healthcare, reflecting its significant impact on the global video services market.

Kuros Biosciences

Post in 2005
Kuros Biosciences AG is a biopharmaceutical company based in Schlieren, Switzerland, dedicated to the discovery, development, and commercialization of innovative products for tissue repair and regeneration. Founded in 2000 as a spin-off from the Eidgenössische Technische Hochschule Zürich, Kuros has developed a robust pipeline of biopharmaceuticals targeting chronic diseases. Its key products include Neuroseal, a novel biomaterial for dural sealing, and the MagnetOs family of bone graft substitutes used in orthopedic, spinal, and dental applications. MagnetOs is approved for use in the EU and the US, with further formulations under development for regulatory submission. Kuros also has a range of clinical-stage products, including KUR-111 and KUR-113, which have completed Phase II clinical trials for treating specific bone fractures. The company has engaged in significant clinical research, enrolling over 600 patients in multinational trials, generating promising data regarding safety and efficacy in various applications, particularly within orthobiologics.

Graitec Group

Series C in 2005
Graitec Group is a software development company specializing in Building Information Modeling (BIM) and computer-aided design (CAD) solutions for the architecture, engineering, and construction (AEC) industry. Founded in 1986, Graitec operates across 29 offices in 12 countries, serving over 40,000 construction professionals globally. The company is recognized as an Autodesk Platinum Partner and provides a comprehensive range of software, including Graitec Advance, which streamlines the structural design and construction documentation process. This technology automates key tasks such as engineering design, structural analysis, member optimization, detailing, and fabrication. Graitec's solutions enhance collaboration among project stakeholders, improve communication, and enable efficient project management through features like automatic document creation and project tracking. The firm's focus on innovation and quality positions it as a leader in delivering high-performance BIM solutions that meet the evolving demands of the construction industry.

Expway

Series C in 2004
Expway SA specializes in wireless multicast solutions for network operators, mobile carriers, device manufacturers, and application developers globally. The company offers a range of products including Expway Middleware, which enables devices to access LTE broadcast for streaming videos and live events, and the Expway Broadcast Multicast Service Center, a server designed for efficient delivery of high-quality content to numerous subscribers simultaneously. Additionally, Expway provides the Broadcast Provisioning Manager for managing LTE broadcasting services, various eMBMS platforms for proof-of-concept and evaluation, and testing solutions for eMBMS devices. Founded in 2000 and headquartered in Paris, France, Expway has expanded its presence with offices in North America, South Korea, Japan, and China, positioning itself as a leader in the rapidly growing market for mobile broadcast and multicast services.

Batisante S.A.S.

Acquisition in 2003
Batisante S.A.S. specializes in health and safety services for multi-unit residential buildings, operating primarily in the Paris area and contracting with over 75,000 properties. Founded in 1987 and based in Neuilly Plaisance, France, the company provides a range of inspection and diagnostic services, including assessments for asbestos, termites, and other pests, as well as evaluations for professional risks, water quality, gas installation safety, paint lead content, elevator code compliance, and energy efficiency. Batisante has established itself as a leading player in the real estate sector, demonstrating resilience through a successful capital reorganization in 2010 and ongoing engagement from its team. The company underwent a transition in ownership in July 2015, solidifying its position in the market.
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