Founded in 1986, Estelec Groupe is an electronics subcontractor combining electronics, IT, mechanics, and industrial design to offer end-to-end services from conception to series manufacturing. It serves sectors including industry, medical, rail, connected objects, and IoT, and holds ISO 9001 and ISO 13485 certifications for medical applications. The company employs more than 120 people and operates two production sites in Scherwiller and Aspach-Michelbach in Alsace. Under its CAP2028 plan, Estelec intends to add a CMS line dedicated to prototypes and small series and open a new integration center in Aspach-Michelbach to improve reactivity and testing capacity. It is also launching EsteServices to secure component supply chains amid ongoing sourcing tensions. The recent €2.7M fundraising is intended to fund these industrial investments and support the company’s push for stronger French electronic manufacturing.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

May 2026