Litto Invest
Litto Invest SAS is a private equity and venture capital firm specializing in seed, startup, growth capital, early-to-late venture and mature investment in small and medium-sized enterprises. It seeks to invest in the sectors of operating real estate, tourism real estate, agricultural services, fertilizers and agricultural chemicals, agricultural machinery and equipment, environment, energy, wind power projects, tidal turbines, wave energy, biofuel production from marine biomass and microalgae, fishing, tourism, leisure, marine farming, industrial activities in relation to sea like bunkering, maritime safety, and purchase ship modernization. The firm invests in companies related to the territory or economy of the Pays de la Loire region, in France. It seeks to invest in companies with less than 250 employees and with a turnover below €50 million ($54.58 million). It typically makes equity investment between €0.2 million ($0.21 million) and €0.5 million ($0.54 million) per transaction. For the first funding round, it can invest between €0.15 ($0.16 million) and €0.38 ($0.41 million). The firm invests in common shares and convertible bonds. It typically takes minority stake into its portfolio companies and seeks to hold them during at least 5 years. The firm seeks to take a seat on the board of directors of the companies it finances. Litto Invest SAS was founded in 2015 and is headquartered in Saint-Herblain, France.