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 Fuel Cell

Kumulus Water

Pre Seed Round in 2022
Kumulus Water is a company focused on producing drinking water using solar energy and atmospheric humidity. By mimicking the natural dew formation process, Kumulus has developed machines that autonomously generate potable water. These systems are equipped with advanced technologies such as embedded systems and predictive algorithms, allowing for remote monitoring and control from anywhere in the world. This innovative approach provides decentralized access to clean drinking water for various users, including families, industries, and hotels, ensuring a sustainable and cost-effective solution for water needs.

Gouach

Seed Round in 2022
Gouach is a manufacturer specializing in eco-designed lithium-ion batteries that prioritize sustainability and reliability. The company produces high-performance batteries suitable for various applications, including electronics, e-bikes, and electric vehicles. Gouach's innovative approach focuses on creating batteries that are not only long-lasting but also easily repairable, promoting a more sustainable lifecycle for battery use. By offering products that combine efficiency with environmental responsibility, Gouach aims to meet the growing demand for reliable power solutions in a rapidly evolving market.

NewHeat

Venture Round in 2021
NewHeat is a company based in Begles, France, that specializes in the ownership and operation of solar heat production plants. Founded in 2015, it focuses on the financing, engineering, procurement, construction, and operation of these facilities. NewHeat transforms solar radiation into usable heat, utilizing solar thermal collectors to convert solar energy into water, steam, and thermal oil. The company's activities contribute to the renewable energy sector by harnessing solar energy for practical applications.

Hysilabs SAS

Venture Round in 2018
HySiLabs SAS, founded in 2015 and based in Aix en Provence, France, specializes in generating hydrogen on demand through a unique process that combines two stable liquids. The company's innovative technology utilizes a hydrogen-based liquid carrier system, allowing for the release and consumption of hydrogen without generating emissions. This system retains the benefits of an energy-dense hydrogen vector while avoiding common storage challenges. HySiLabs' solution offers a safe and efficient logistics supply chain comparable to existing liquid fuels, enabling transportation at ambient temperature and pressure. The versatility of its technology allows for a wide range of applications across various markets, providing a flexible and user-friendly energy source.

DualSun

Series B in 2014
DualSun facilitates access to the BEPOS (positive energy building). The company has developed an innovative solar panel that provides both electricity and hot water to homes, on a reduced surface on the roof. Currently, conventional photovoltaic panels store unnecessarily heat. Thanks to its heat exchanger backing the panel, the DualSun recovers this energy to produce domestic hot water in addition to electricity. Thus, the captured energy is used in its entirety.
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