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

Edouard Combette

Investment Director

Charlotte Corbaz

Deputy Director of the Large Venture Fund and Deputy Managing Director

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

Jean-Marie Fougeray

Senior Investment Director, Brittany

Paul-Francois Fournier

Executive Director, Innovation Department

Pierre Gillet

Investment Director

Vanessa Giraud

Managing Director

Gwenaël Hamon

Senior Investment Director

Laurent Higueret Ph.D

Senior Investment Director

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

Elyssa Maufras du Châtellier

Investment Director

Quentin Mayolle

Senior Investment Officer

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 Director

Claire Waché

Senior Investment Officer

Past deals in Recycling

Ostrea

Seed Round in 2025
Ostrea is an industrial startup that manufactures an innovative eco-material from recycled shells. It recovers shellfish waste, transforms it into sequins, and uses these to create plates for furniture trays or as coatings on other surfaces.

Keey Aerogel

Series A in 2025
Keey Aerogel is a specialized manufacturer of silica aerogel, utilizing a closed-loop process that recycles construction waste, carbon dioxide, and ethanol. The company focuses on the valorization of silica-containing materials from construction and demolition activities, aiming to create energy-efficient building solutions and materials for various industrial applications. By producing this innovative nanoporous material, Keey Aerogel provides effective thermal insulation in ambient conditions, contributing to sustainability in construction and refurbishment projects.

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. Their process ensures consistent product quality, with pellets having optimal diameter, length, durability, moisture, ash content, and calorific value. This provides consumers with a reliable, efficient, and sustainable heating option at a stable cost.

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 that specializes in producing low-carbon cements for the construction industry. The company focuses on creating innovative binding materials derived from calcined flash clays, which are designed to reduce the carbon footprint associated with traditional cement production. Neocem utilizes a novel procedure that allows for the incorporation of raw materials sourced from recovery sectors, thereby promoting sustainability in building practices. Through its commitment to environmentally friendly solutions, Neocem aims to contribute to a greener future in construction.

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 sells eco-friendly, reusable household products, including cleaning, hygiene, and kitchen items. These products are designed to be practical, affordable, and locally manufactured using eco-conscious materials. The company's mission is to help customers reduce waste, support local economies, and lower their carbon footprint by providing viable alternatives to single-use plastic products.

Mecaware

Series A in 2023
Mecaware specializes in battery recycling services, focusing on recovering critical metals and rare earth elements. Utilizing a patented dynamic combinatorial chemistry process, the company operates in a closed-loop manner with minimal energy requirements and no effluent waste, enhancing resource efficiency and reducing environmental impact for various industries.

Circul'Egg

Grant in 2023
Circul'Egg transforms recycled eggshells into calcium carbonate powder and shell membrane powder for use in animal feed, nutraceuticals, and cosmetics. It promotes sustainable practices by repurposing industrial co-products.

Eramet

Grant in 2023
Eramet is a global leader in alloy metals such as manganese and nickel, focusing on high-end metallurgy. The company also explores growth opportunities in mineral sands like titanium dioxide and zircon, lithium, and recycling sectors.

Respire

Venture Round in 2023
Respire is a cosmetics company focused on vegan and recyclable personal care products. It develops and markets all-natural skin, hair, and oral care items, including deodorants, shampoos (including solid forms), soaps, face and body cleansers, exfoliators, face creams, makeup removers, dry oils, solid toothpaste and gel toothpaste, and gel showers. The product line also covers solid shampoos and solid conditioners and natural sun care sprays, reflecting a commitment to environmentally friendly formulations and sustainable packaging for health-conscious consumers.

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, focused on developing innovative technologies for the recycling and revalorization of raw materials within the photovoltaic industry. The company specializes in recovering ultra-pure silicon and other metals that are typically lost during the manufacturing of photovoltaic cells and at the end of a solar panel's life cycle. By addressing industrial waste generated during the solar wafer slicing process and capturing silicon fine particles lost during PV-silicon production, ROSI enables its clients to produce photovoltaic modules in a more sustainable and cost-effective manner.

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 operates a waste management platform that advances the circular economy by unlocking the potential of waste. The company promotes a second life for products, both food and non-food, across sectors including charities. It serves more than 1,000 professional clients in retail, industrial, wholesale, shopping centers, catering, and event services, helping them manage unsold inventory and waste through a web platform and a range of collaborative and logistical services. The platform provides an alternative to landfilling and incineration, supports stock management to avoid disposal, and donates unsold products to associations, enabling clients to participate in waste reduction and social responsibility initiatives.

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 develops and delivers material solutions for the metal industry and a range of application sectors. It designs performance materials for luxury, packaging, aeronautics, defense, and industrial tooling, supporting sectors such as aerospace, defense, and energy with enhanced performance while pursuing sustainability through material recycling and waste upcycling. The company explores bio-based feedstocks and waste streams, developing materials from sources including wood, leather, horn, husk, coffee grounds, oyster shells, snail shells, and fish scales to expand material options and reduce environmental impact.

Circle Sportswear

Seed Round in 2022
Circle Sportswear is a retailer specializing in online sales of sportswear designed with sustainability in mind. Their products are crafted from recycled and recyclable fibers, adhering to principles of the circular economy.

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 a company specialized in the acquisition, recycling, and resale of secondhand smartphones. Through its innovative mobile application, Volpy allows users to quickly assess the value of their devices with simple tests, providing estimates in just a few minutes. The platform stands out by consistently offering competitive prices for secondhand smartphones compared to other industry operators. Additionally, Volpy facilitates the transition from an old smartphone to either a refurbished or a brand new device, promoting a responsible approach to mobile technology. Committed to environmental sustainability, Volpy advocates for a circular economy model, emphasizing eco-responsibility in its operations.

PHENIX

Venture Round in 2018
PHENIX operates a waste management platform that advances the circular economy by unlocking the potential of waste. The company promotes a second life for products, both food and non-food, across sectors including charities. It serves more than 1,000 professional clients in retail, industrial, wholesale, shopping centers, catering, and event services, helping them manage unsold inventory and waste through a web platform and a range of collaborative and logistical services. The platform provides an alternative to landfilling and incineration, supports stock management to avoid disposal, and donates unsold products to associations, enabling clients to participate in waste reduction and social responsibility initiatives.

Hainaut Plast Industry

Seed Round in 2015
Hainaut Plast Industry produces and markets recycled polyvinyl butyral (PVB), primarily serving the plastics, automotive, and commercial industries. Its products are used in manufacturing laminated glasses, car windscreens, windows, heavy layer applications, coatings, adhesives, and as a binding agent for materials and textiles.

Recommerce Group

Venture Round in 2013
Recommerce Group specializes in the trade-in, refurbishment, and remarketing of second-hand smartphones across Europe. Founded in 2009 and headquartered in Paris, France, the company employs advanced proprietary technologies to give a second life to mobile devices, offering a wide array of premium quality products under its own brand. Recommerce Group provides comprehensive solutions that include buyback services, real-time market pricing, and leasing programs, facilitating affordable access to refurbished electronics. The company serves a diverse clientele, including mobile network operators, distributors, e-tailers, and manufacturers, through both online and physical distribution channels in France, Switzerland, Spain, and beyond. Additionally, Recommerce Group offers marketing and logistical support, as well as customer services, ensuring a seamless experience for its partners and customers alike.
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