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.
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
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
Jean-Marie Fougeray
Senior Investment Director, Brittany
Past deals in Aerospace
Loft Orbital
Series C in 2025
Loft Orbital Solutions Inc. is a company based in San Francisco, California, that provides comprehensive services for the deployment and operation of customer payloads in space. Established in 2017, Loft Orbital specializes in operating microsatellites and offers an end-to-end solution that includes satellite platform integration, launch booking, and operational management. The company simplifies the satellite deployment process by utilizing a standardized satellite bus and a suite of software tools, thereby reducing costs and accelerating the timeline to orbit. Additionally, Loft Orbital addresses financial and regulatory challenges by providing solutions for licensing, insurance, and financing, allowing customers to concentrate on their mission objectives rather than the technical complexities of satellite engineering.
The Exploration Company
Series B in 2024
The Exploration Company specializes in the development, manufacturing, and operation of modular and reusable spacecraft known as Nyx, which are intended for use in orbit around Earth and the Moon. These vehicles are designed to be refueled in space and incorporate environmentally friendly propellants. By offering an open-source operating system for Nyx, the company aims to democratize space exploration, making it more accessible to new entrants in the field. The Exploration Company focuses on providing cost-effective solutions for in-space experiments, allowing participants to engage in space exploration at a fraction of the cost associated with traditional platforms like the International Space Station.
Beyond Aero
Series A in 2024
Beyond Aero is focused on developing the first electric business aircraft powered by hydrogen propulsion, capable of transporting six passengers over distances of up to 800 nautical miles, significantly surpassing battery-powered alternatives. Established in December 2020, the company is innovating the design of a CS23 aircraft to integrate hydrogen-electric propulsion, emphasizing fuel cell technology, hydrogen tank systems, and advanced cooling mechanisms. With headquarters in Toulouse, Paris, and Los Angeles, Beyond Aero has assembled a team of over 50 skilled engineers from prominent aerospace firms and is actively seeking to expand its workforce. The company has successfully raised over $44 million from various investors and has received $914 million in Letters of Intent for the production of 108 aircraft. Beyond Aero recently achieved a milestone with France's first manned, fully hydrogen-electric flight and is a participant in the World Economic Forum's First Movers Coalition, reflecting its dedication to advancing zero-emission aviation solutions.
Stirweld
Venture Round in 2024
Stirweld is a company that specializes in the development of friction stir welding (FSW) technologies aimed at various industrial sectors. The company offers a range of products, including industrial friction welding machines and clamping systems, along with services such as prototyping, training, and expert consultation. Stirweld's innovations enable industries like automotive, space, aerospace, and metalworking to effectively utilize friction stir welding techniques on all computer numerical control (CNC) machine tools. Through its focus on advancing welding technologies, Stirweld supports the efficiency and effectiveness of manufacturing processes across multiple sectors.
Aura Aero
Grant in 2024
Aura Aero is a manufacturer focused on designing and producing eco-efficient aircraft to support the decarbonization of air transport. The company develops low-carbon vehicles equipped with advanced safety features, including a whole rescue parachute system, anti-crash seats, and anti-crash fuel tanks. Their aircraft are designed with a two-seater configuration and side-by-side taildragger landing gears, aiming to enhance operational efficiency within the aeronautical industry. Through its innovative approach, Aura Aero seeks to contribute significantly to reducing the environmental impact of aviation.
Aerix Systems
Seed Round in 2024
Aerix Systems specializes in the design and manufacture of advanced drones. Their key innovation lies in creating omnidirectional drones capable of navigating in any direction and orientation, pushing the boundaries of traditional flight capabilities. These drones are equipped with propulsion systems that enable them to execute erratic trajectories at high speeds, withstand harsh weather conditions, and ensure enhanced safety. Aerix Systems caters to a diverse range of sectors, including civil, military, and naval, supporting both passive and active missions in challenging environments like mountains and open seas.
Aldoria
Series A in 2024
Aldoria specializes in space situational awareness, focusing on the collection, processing, and utilization of data to protect critical assets in space. The company addresses the growing challenges of space sustainability caused by increasing amounts of space debris and traffic. Its services encompass the detection, tracking, cataloging, and risk assessment of artificial satellites and space debris. By actively monitoring these elements, Aldoria helps operators and space organizations avoid potential hazards and adjust orbital paths, ultimately contributing to safer and more sustainable space operations. The company also provides users with a modern situational awareness platform and detailed sustainability reports.
Latitude
Series B in 2024
Latitude specializes in the development of smallsats launchers and rocket engines. Latitude was founded in 2019 and is headquartered in Reims.
Vulkam
Debt Financing in 2023
Vulkam SAS is a microtechnology company based in Saint-Martin-d'Hères, France, that specializes in the design, development, and production of amorphous metal parts. Founded in 2017, Vulkam utilizes biocompatible amorphous metal alloys primarily composed of materials such as zirconium, copper, hafnium, nickel, and titanium. The company's innovative products find applications across various industries, including aerospace, automotive, biomedical, cryogenic, watches, jewellery, and micro components. Vulkam's focus on creating micromechanical parts that are significantly smaller yet maintain strength and functionality sets a new standard in metallurgy and metal processing, positioning the company as a leader in the development of advanced metal technologies.
Vulkam
Venture Round in 2023
Vulkam SAS is a microtechnology company based in Saint-Martin-d'Hères, France, that specializes in the design, development, and production of amorphous metal parts. Founded in 2017, Vulkam utilizes biocompatible amorphous metal alloys primarily composed of materials such as zirconium, copper, hafnium, nickel, and titanium. The company's innovative products find applications across various industries, including aerospace, automotive, biomedical, cryogenic, watches, jewellery, and micro components. Vulkam's focus on creating micromechanical parts that are significantly smaller yet maintain strength and functionality sets a new standard in metallurgy and metal processing, positioning the company as a leader in the development of advanced metal technologies.
Hypr Space (Hybrid Propulsion for Space)
Convertible Note in 2023
Get ready for the next technology leap in space industry. We develop engines and vehicles that are cheaper, quicker and greener for earth to space and space to space transportation systems. Our patented innovation is based on brand new architecture for hybrid propulsion engines, unlocking previously unreachable capabilities.
Expliseat
Venture Round in 2023
Expliseat is a manufacturer specializing in lightweight aircraft seats, most notably the Titanium Seat, which weighs only 4 kg. This innovative design significantly reduces fuel consumption, yielding potential savings of up to $500,000 per aircraft annually. The seats are crafted from carbon fiber and feature a unique hinge mechanism, ensuring durability while accommodating passengers of all sizes. With ten patents to its name, Expliseat's products also enhance passenger comfort by providing two additional inches of legroom, catering to the evolving needs of airlines and their customers.
Exotrail
Series B in 2023
Exotrail, established in 2015 and based in Palaiseau, France, specializes in developing electric propulsion systems and flight software for small satellites and constellations. The company's key products are ExoMS, a propulsion system enabling small satellite constellations to access new orbits, and ExoOPS, a cloud-based software for mission operation planning. Exotrail's electric thrusters cater to nano and micro-satellites, serving applications in telecommunication, earth observation, and space science.
Agenium
Venture Round in 2023
Agenium offers career perspectives in an international and tech environment. They offer this through the specific expertise of their business units. They offer solutions to the business and of the defense, industry, and space sectors.
StatInf
Seed Round in 2022
StatInf is a technology service provider specializing in statistical timing analysis tools aimed at enhancing the performance of embedded systems. The company's platform is designed to optimize both software and hardware architectures for multicore processors, significantly improving computational and energy efficiency. StatInf's services cater primarily to sectors such as aerospace, automotive, and autonomous vehicles. By employing statistical and probabilistic methods, the platform allows clients to streamline software analyses, thereby reducing complexity and ensuring compliance with safety standards. This focus on maximizing hardware resources and meeting safety criteria positions StatInf as a valuable partner for organizations requiring advanced solutions in embedded system design.
Latitude
Series A in 2022
Latitude specializes in the development of smallsats launchers and rocket engines. Latitude was founded in 2019 and is headquartered in Reims.
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.
OPUS Aerospace
Seed Round in 2021
OPUS Aerospace is focused on developing innovative launch solutions for nanosatellites and small payloads, aiming to democratize access to space and enhance space exploration. The company specializes in creating reusable space launchers that utilize environmentally friendly fuels, specifically hydrogen peroxide and propane, which minimize ecological impact. By prioritizing affordability and efficiency, OPUS Aerospace seeks to provide low-carbon access to various orbits, making space more accessible to a broader range of industries. The emphasis on a performance-driven culture is central to their mission, as they believe that persistence and creative problem-solving are essential for advancing their technology and improving life on Earth.
Nextflow Software
Debt Financing in 2020
Nextflow Software is an independent software vendor specializing in computational fluid dynamics (CFD) and hydrodynamics. Founded in 2015 and based in Nantes, France, the company develops advanced computer-aided engineering software that provides clients with tools for accurate and efficient simulations across various industries. Its offerings include solutions for aeronautics, automotive, energy and environment, industrial processes, and marine applications, addressing specific challenges such as ditching, sloshing, dam break scenarios, and wave impact loads. The software integrates graphical tools to facilitate a comprehensive simulation and analysis workflow, helping users to streamline engineering cycles and optimize their designs.
Exotrail
Series A in 2020
Exotrail, established in 2015 and based in Palaiseau, France, specializes in developing electric propulsion systems and flight software for small satellites and constellations. The company's key products are ExoMS, a propulsion system enabling small satellite constellations to access new orbits, and ExoOPS, a cloud-based software for mission operation planning. Exotrail's electric thrusters cater to nano and micro-satellites, serving applications in telecommunication, earth observation, and space science.
B-Hive Engineering
Venture Round in 2020
B-Hive Engineering is an engineering and operational consulting firm based in Mulhouse, France, with additional offices in Lyon and Paris, and operations in Montréal, Canada. Founded in 2017, the company specializes in providing technical assistance and project management services across various sectors, including chemistry, petrochemistry, energy, food, pharmaceuticals, biotechnology, automotive, rail, aeronautics, and civil engineering. B-Hive Engineering supports clients throughout the study and design phases of projects, offering operational support and training in project management to effectively address project challenges. The firm is dedicated to enhancing efficiency in industry, transport, and construction sectors.
Kinéis
Venture Round in 2020
Kinéis is an independent satellite operator focused on providing global connectivity for the Internet of Things (IoT). As a key player in the new space sector, the company develops satellite technology that collaborates with terrestrial IoT operators, existing satellite operators, and manufacturers of connected devices. Its solutions enable clients to locate and collect data from objects worldwide, regardless of environmental conditions. Through its innovative approach, Kinéis aims to enhance data accessibility and connectivity for various applications across the globe.
Vulkam
Grant in 2020
Vulkam SAS is a microtechnology company based in Saint-Martin-d'Hères, France, that specializes in the design, development, and production of amorphous metal parts. Founded in 2017, Vulkam utilizes biocompatible amorphous metal alloys primarily composed of materials such as zirconium, copper, hafnium, nickel, and titanium. The company's innovative products find applications across various industries, including aerospace, automotive, biomedical, cryogenic, watches, jewellery, and micro components. Vulkam's focus on creating micromechanical parts that are significantly smaller yet maintain strength and functionality sets a new standard in metallurgy and metal processing, positioning the company as a leader in the development of advanced metal technologies.
ADDEV Materials
Private Equity Round in 2019
ADDEV Materials SAS, founded in 2006 and based in Lyon, France, specializes in the manufacturing and distribution of high-performance materials, including adhesive tapes, glues, mastics, abrasives, insulation, and technical components. The company serves a variety of industries, such as automotive, aerospace, energy, railway, nuclear, and medical, by transforming and custom cutting various types of insulation and technical films. Additionally, ADDEV Materials provides customized solutions and distribution services for technical adhesives, helping clients address their specific technical challenges effectively.
Syntony GNSS
Venture Round in 2019
Syntony GNSS specializes in software-based Global Navigation Satellite System (GNSS) technology, leveraging over 15 years of research and development in collaboration with industry leaders. The company was established to meet the demand for customized projects that require advanced GNSS expertise, particularly in developing simulators using software-defined radio. This innovative approach offers notable advantages, including flexibility, upgradability, and cost-effectiveness. Syntony's product lineup includes simulators, recorders, and players, as well as software-based GNSS receivers. Their technology is designed to provide precise location services for autonomous vehicles and is adaptable to meet the evolving needs of clients in aeronautics, space, and defense sectors, facilitating the location of satellites, aircraft, launchers, and trains, as well as emergency call location services.
Innov'ATM
Venture Round in 2018
Innov'ATM specializes in developing software solutions that enhance air traffic management and airport resource optimization through artificial intelligence. The company focuses on tailoring its services to meet the specific needs of clients, including airports, civil aviation authorities, and air navigation service providers, utilizing an agile approach. Innov'ATM employs advanced forecasting prediction models and optimization algorithms to improve the efficiency of air transportation operations, encompassing arrivals, departures, and ground movements. The company collaborates with various partners, including DSNA Services, Frequentis, ENAC, and Airbus Defense & Space, and is an active member of the Aerospace Valley cluster. Innov'ATM also engages in research programs with ENAC to advance air traffic flow optimization.
Exotrail
Seed Round in 2018
Exotrail, established in 2015 and based in Palaiseau, France, specializes in developing electric propulsion systems and flight software for small satellites and constellations. The company's key products are ExoMS, a propulsion system enabling small satellite constellations to access new orbits, and ExoOPS, a cloud-based software for mission operation planning. Exotrail's electric thrusters cater to nano and micro-satellites, serving applications in telecommunication, earth observation, and space science.
Socomore
Venture Round in 2018
Socomore is a manufacturer of specialty chemical products that focus on preparing, protecting, treating, and controlling metallic and composite materials. The company offers a diverse range of solutions, including critical surface treatments through its Socomore, Magchem, and Dysol product lines, which are primarily approved by major aerospace manufacturers. Additionally, Socomore provides non-destructive testing products under the BabbCo brand, along with structural adhesives and moldable shims from the Dynamold range. Recently, Socomore expanded its product offerings to include coatings for erosion and lightning strike protection in collaboration with LORD Corporation, featuring an innovative selection of conductive coatings, mid coats, primers, top coats, and wash primers. The company's products serve various mission-critical industries, including aerospace, rail, automotive, electronics, and pharmaceuticals, enabling clients to effectively manufacture and maintain operations involving metals and composites.
Kalray
Venture Round in 2018
Kalray S.A., headquartered in Montbonnot Saint Martin, France, specializes in providing low-power, time-critical processor solutions. The company offers massively parallel manycore array processors, including its patented Data Processing Unit (DPU) processors and acceleration cards. Kalray's products are designed for high-performance, data-centric computing markets, ranging from cloud to edge applications. Their offerings include software-defined storage solutions like the Kalray Target Controller and TurboBoost for secure communications, as well as development platforms and software tools such as AccessCore and Kalray Neural Network. These solutions cater to various industries including autonomous vehicles, aerospace/avionic, artificial intelligence, data storage, data networking, and computer vision. Founded in 2008 as a spin-off from the French CEA research lab, Kalray is committed to enhancing the efficiency of data centers and developing innovative solutions for sectors such as AI, Media & Entertainment, Life Sciences, Scientific Research, Edge Computing, and Automotive.
Internest
Grant in 2017
Internest develops a precise positioning system tailored for rotating winged vehicles, such as drones and helicopters. The system features a local landing component that integrates both firmware and hardware, offering reliable and accurate positioning data regardless of visibility, weather, or environmental conditions. This technology is particularly beneficial for security, military, and maritime sectors, enhancing the operational safety of aerial vehicles during critical missions. By improving flight safety, Internest's solutions support various industries in effectively managing their aerial operations.
Internest
Grant in 2017
Internest develops a precise positioning system tailored for rotating winged vehicles, such as drones and helicopters. The system features a local landing component that integrates both firmware and hardware, offering reliable and accurate positioning data regardless of visibility, weather, or environmental conditions. This technology is particularly beneficial for security, military, and maritime sectors, enhancing the operational safety of aerial vehicles during critical missions. By improving flight safety, Internest's solutions support various industries in effectively managing their aerial operations.
Delair
Series A in 2016
Delair is a prominent provider of visual intelligence solutions that help enterprises capture, manage, and analyze their assets. Founded in 2011 by aerospace industry experts, the company combines high-performance unmanned aerial vehicle (UAV) hardware with its advanced platform, delair.ai, to facilitate a comprehensive visual intelligence workflow that includes data management and analytics. Delair's solutions are utilized across more than 70 countries and are supported by a network of over 100 resellers in various industries, including mining, construction, agriculture, oil and gas, utilities, and transportation. The company has enhanced its market position through strategic acquisitions and investments, employing approximately 180 people with offices located in Toulouse, Paris, Los Angeles, and Singapore.
Parrot
Post in 2015
Parrot, established in 1994, specializes in wireless devices for mobile phones. Headquartered in Paris, the company employs over 750 people globally and generates majority of its sales overseas. Parrot is renowned for its extensive range of hands-free car systems and expertise in mobile connectivity and multimedia around smartphones, positioning it as a key player in in-car infotainment. Additionally, Parrot collaborates with renowned designers to create high-end wireless multimedia products. The company has also ventured into the UAV market with the Parrot AR.Drone, the first quadricopter piloted via Wi-Fi, and offers solutions for professional UAV use. Parrot is listed on NYSE Euronext Paris since 2006.
Geomnia
Seed Round in 2015
Geomnia is a provider of advanced three-dimensional measurement services specifically tailored for the automotive and aerospace industries. The company specializes in high-precision metrology software and mechanical engineering, focusing on inspection and product assessment within production lines. Geomnia offers a contactless measuring machine that allows clients to inspect and qualify the dimensions and form features of parts, regardless of their geometric complexity, uncertainty levels, or cycle times. The firm leverages its expertise in 3D metrology, software engineering, and micro and nano-scale mechatronics to optimize processes and improve measurement accuracy.
Aquarese Industries
Seed Round in 2014
Aquarese Industries, based in Douvrin, France, specializes in the design and manufacture of industrial machinery that employs advanced high-pressure technologies, particularly waterjet cutting. The company offers a range of solutions for various applications, including drilling, stripping, blasting, core removal, deburring, autofrettage, and flushing. Aquarese serves multiple industries such as aerospace, foundries, diesel technology, and machining, providing clients with quality industrial solutions tailored to their needs. By focusing on ultra-high pressure processes, Aquarese Industries establishes itself as a key player in the field of industrial machinery both in France and internationally.
ECM Technologies
Funding Round in 2014
ECM Technologies SA, founded in 1928 and based in Grenoble, France, specializes in the design and manufacture of industrial heat treating solutions. The company produces a wide range of furnaces, including vacuum, induction, and carburizing furnaces, as well as photovoltaic and crystal growth equipment. ECM Technologies serves various sectors, such as aeronautics, automotive, nuclear, healthcare, and electronics, providing essential equipment for processes like low pressure carburizing, brazing, and melting. In addition to manufacturing, the company offers retrofit and after-sale support services, including the sale of used furnaces. Its products are marketed globally through agents, distributors, and subsidiaries located in several countries, including the United States, Germany, China, and India.
Delfmems
Series C in 2014
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.
Sigmaphi
Venture Round in 2013
Sigmaphi is a specialized manufacturer of electromagnetic equipment focused on serving the scientific and healthcare sectors. The company designs and produces a range of products including electro-magnets, pulsed injection systems, radiofrequency amplifiers, magnetic systems, power supplies, and particle beam transport lines for particle accelerators. By leveraging advanced technology, Sigmaphi aims to optimize the operations of its clients, facilitating enhanced performance in various applications related to particle acceleration.
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.
Meusonic
Venture Round in 2008
Meusonic SAS designs and manufactures electronic and microelectronic microwave sub-systems; and power systems. Its products include narrow and broadband solid state amplifiers, switches, and passives devices; up and down converters and transmit/receive modules; software-controlled radio frequency and microwave test and measurement sub-systems; and AC and DC power supplies and dynamic loads. The company also offers sub-contracting services in functional testing and manufacturing. It serves airborne, naval, ground defense, aerospace, telecommunications, and medical sectors. The company was founded in 1979 and is based in Malakoff, France.
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