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.

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

Elyssa Maufras du Châtellier

Investment Director

Edouard Combette

Investment Director

Charlotte Corbaz

Investment Drector - Large Venture

Sofia Dahoune

Associate

Nicolas Dardenne

Senior Investment Director, Normandy (Caen Rouen)

Arnaud Despoisse

Director of Occitanie Participations

Nicolas Dufourcq

CEO

Mailys Ferrere

Director of Large Venture Investments

Romain Fourcade

Investment Director

Paul-Francois Fournier

Executive Director, Innovation Department

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

Veronique Jacq

Head of Digital Venture team

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

Olivier Martinez

Investment Director

Serge Mesguich

Director of FIT

Louis Molis

Investment Director

Jean-Francois Morin

Investment Director

Sébastien Moynot

Director

Adrien Muller

Investment Director

Adrien Neel

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

Bruno Villeneuve

Associate

Jean-Marie Fougeray

Senior Investment Director, Brittany

Laure Michel

Investment Director

Past deals in Recycling

Keey Aerogel

Series A in 2025
Keey Aerogel specializes in the production of silica aerogel derived from construction waste using a closed-loop process that recycles carbon dioxide and ethanol. The company focuses on the valorization of silica-containing construction and demolition materials, transforming them into high-value aerogel products. These nanoporous materials are designed to enhance energy efficiency in the construction and refurbishment of buildings, as well as for various industrial applications. By leveraging waste materials, Keey Aerogel aims to contribute to sustainable practices while providing effective thermal insulation solutions in ambient conditions.

ExtraJool

Seed Round in 2025
ExtraJool has designed a breakthrough innovation to recycle industrial waste heat into decarbonized electricity.

Melia

Seed Round in 2025
Melia is a start-up specializing in the production of pallets from non-forest wood.

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.

Circul'Egg

Grant in 2023
Circul'Egg recycles the eggshells from companies by transforming them into two finished products: a calcium carbonate powder and a shell membrane powder. It promotes industrial co-products in the circular economy. The company's products are marketable on the animal feed and nutraceutical markets. This production responds to a need expressed by many players in animal feed (PetFood and feed for farm animals), nutraceuticals (food supplements for human consumption), and cosmetics. It was established in Paris, Ile-de-France, France in

Eramet

Grant in 2023
ERAMET is a world leader in alloy metals, including manganese and nickel, and high-end metallurgy. ERAMET also develops activities with high growth potential, such as mineralized sands (titanium dioxide and zircon), lithium and recycling. The Group employs approximately 13,000 people in 20 countries.

respire

Venture Round in 2023
Respire is a manufacturer and provider of environmentally friendly cosmetic products focused on promoting healthy skin. The company offers a diverse range of vegan and recyclable items, including deodorants, hair care products, toothpaste, face and body creams, cleansers, makeup removers, and solid shampoos and conditioners. Additionally, Respire produces specialized items such as exfoliators, gel showers, and natural sun cream sprays. With a commitment to all-natural ingredients, Respire aims to deliver effective beauty solutions that are both sustainable and beneficial for consumers' skin.

ROSI

Debt Financing in 2022
ROSI is a company that develops innovative raw material recycling and revalorization technologies for the photovoltaic industry. The technologies allow for the recovery of ultra-pure silicon and other metals that are currently lost during photovoltaic cell manufacturing and at the end of the solar panel's life cycle. ROSI is based in Grenoble, France.

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 focused on reducing waste and promoting a circular economy. With a team of around 100 dedicated employees, the company aims to give a second life to both food and non-food products across various sectors, including charities. Phenix assists over 1,000 professional clients, such as retailers, manufacturers, wholesalers, shopping centers, and caterers, in managing their unsold products and waste. The platform offers an alternative to landfills and incineration, enabling clients to efficiently manage their inventories and donate surplus items to charitable organizations. Through its comprehensive collaborative and logistical services, Phenix encourages businesses to actively participate in waste reduction efforts and enhance their corporate social responsibility initiatives.

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.

Circle Sportswear

Seed Round in 2022
Circle Sportswear is an online retailer specializing in sportswear made from recycled and recyclable materials. The company offers a diverse range of products, including t-shirts, pants, shorts, and leggings, all designed with sustainability in mind. Utilizing non-toxic and ecological fabrics such as Tencel, Circle Sportswear provides comfortable activewear that is both affordable and environmentally friendly. By focusing on a circular economy model, the company aims to reduce waste and promote responsible consumerism in the fashion industry.

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 the application which buys, exchanges and recycles secondhand smartphones. Volpy application estimates the value of smartphones in a few minutes thanks to quick tests users can do themselves! Volpy always offers the best prices for secondhand smartphones among all industrial operators. The application also enables users to switch from a smartphone to another, either new or secondhand. Volpy is an actor of responsible innovation, environmentally commited and concerned about creating a brand new circular economy model.

Phenix

Venture Round in 2018
Phenix operates a waste management platform focused on reducing waste and promoting a circular economy. With a team of around 100 dedicated employees, the company aims to give a second life to both food and non-food products across various sectors, including charities. Phenix assists over 1,000 professional clients, such as retailers, manufacturers, wholesalers, shopping centers, and caterers, in managing their unsold products and waste. The platform offers an alternative to landfills and incineration, enabling clients to efficiently manage their inventories and donate surplus items to charitable organizations. Through its comprehensive collaborative and logistical services, Phenix encourages businesses to actively participate in waste reduction efforts and enhance their corporate social responsibility initiatives.

Hainaut Plast Industry

Seed Round in 2015
Hainaut Plast Industry specializes in the production and marketing of recycled polyvinyl butyral (PVB) granules, catering to the plastics, automotive, and commercial sectors. The company focuses on the end-of-life recycling of PVB film, primarily sourced from laminated glasses and automotive windshields. Its products serve various applications, including laminated glass manufacturing, car windscreens, and coatings, as well as acting as a binding agent for materials and textiles. By providing an ecological and economical alternative to traditional raw materials, Hainaut Plast Industry positions itself as a secondary raw material producer, supporting industrial users in adopting sustainable practices.

Recommerce Group

Venture Round in 2013
Recommerce Group specializes in providing trade-in and remarketing solutions for second-hand mobile phones across Europe. The company focuses on the refurbishment and resale of smartphones, employing innovative proprietary technologies to enhance the lifecycle of these devices. Its services encompass a comprehensive range of solutions, including multi-channel trade-in options, reverse logistics, data erasure, and customer support, along with marketing and e-commerce support. Recommerce Group also offers rental services for smartphones and tablets, catering to diverse clients such as mobile operators, distributors, e-tailers, and manufacturers. With a strong presence in France, Spain, Switzerland, and Poland, the company collaborates with notable retailers and mobile network operators to promote sustainable practices in the electronics market. Founded in 2009 and headquartered in Paris, Recommerce Group is dedicated to giving smartphones a second life while providing affordable access to quality electronics.
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