Participated · Equity · Jul 2026

KHIMOD develops technologies for producing low-carbon synthetic molecules and for valorizing CO2. The company is described as French and has ALCEN as a historical shareholder. In July 2025 it secured a €23 million financing round that attracted the SPI fund (managed by Bpifrance under France 2030) and Audacia's industrial decarbonization fund, with ALCEN renewing support. Legal advisors on the transaction included McDermott Will & Emery and Bird & Bird. The articles do not provide operating metrics, revenue figures, or specific plans for the proceeds.

Participated · Series A · Nov 2025

Founded in 2018, U-Space develops proprietary 12U and FreeForm satellite platforms and accompanying software to serve the growing demand for constellation manufacturing. The company handles the full stack from design through in-orbit operations and already has three satellites—NESS, Soap, and Pandore—circling the Earth with another dozen in production. Its 850 m² ‘U-Zine’ clean-room facility in Toulouse, slated to open at the end of 2024, is engineered for automotive-style, fully digital assembly and is targeted to reach a cadence of one satellite per day. Backed by an 80-person team, U-Space plans to scale output to one satellite per week by the end of 2027 while expanding sales into Asia-Pacific and the Middle East. The fresh capital strengthens its balance sheet and funds software investment and industrial digitalisation to support this ramp-up. Management believes these moves will position the company as Europe’s reference player for global satellite-constellation manufacturing.

Participated · Equity · Jul 2024

Blue Capsule develops high-temperature small modular reactors (SMRs) and is designing an innovative SMR to provide industrial-grade heat for industry. The company is currently in the design phase of its small modular reactor. Recently Blue Capsule secured a €2 million strategic investment. Participating investors named in the report are CEA Investissement, Audacia Co-Investissement, Exergon, and EREN Groupe. The article does not disclose revenue, user metrics, founding year, or location.

Participated · Equity · Mar 2024

Gamestream is a French white-label cloud gaming provider whose platform delivers console-quality games requiring only three megabits of bandwidth. Launched in 2019 by co-founders Ivan Lebeau and Xavier Cavin, the company offers over 300 licensed titles aimed at families and casual gamers through partnerships with publishers including Disney Interactive, Outright Games, and Microids. Its platform is deployed across Europe, the Middle East, Asia and India and is also distributed through Accor hotels worldwide. Gamestream recently expanded in India and is now targeting West Africa, focusing on markets where consoles and full-price games are less affordable. The company has raised €4.5M in fresh funding to support further international expansion. Co-founder Ivan Lebeau said the fundraising will help impose the cloud-gaming subscription model internationally by offering unlimited licensed access for a few euros a month. Gamestream builds B2B high-definition cloud gaming solutions for business customers. Its core product is cloud gaming technology delivered as a business solution. The company raised a €3.5m Series A aimed at accelerating national and international development. The funding is intended to support the expansion of its worldwide activities. The round included participation from historical shareholder 2CRSI and new investors such as ex‑Telenet CEO Ronny Verhelst and Revier Hotels owners Philipp and Remo Bienz. eponyme partners advised Gamestream on the fundraising. Gamestream provides high-definition video game streaming services through partnerships with telecom operators and hotel groups, supplying a one-stop solution across TVs, PCs, smartphones and tablets. Since March 2019 its Gameqoo service (hosted on 2CRSI servers) has allowed Telkom Indonesia’s fiber and ADSL subscribers — part of its 170 million subscriber base — to access more than 150 games. More than one million Etisalat customers in Dubai can access the ELIFE TV Gaming service and subscribe to Gamestream’s monthly offers. Gamestream selected 2CRSI’s tailor-made, high-performance servers for reactivity and geographic coverage to optimize streaming quality. The company has begun its first fundraising campaign to accelerate deployment. To date 2CRSI has contributed approximately €1 million and holds 12.45% of Gamestream’s share capital. Gamestream plans to expand its streaming offering into Europe and North America, leveraging 5G and broader cloud-gaming demand.

Led · Equity · Jul 2017

Universal Beauty Group develops and sells Végétalement Provence, a plant-based haircare and skincare brand positioned on natural and eco-responsible formulas for professionals and consumers. The brand offers over 275 product references, including more than 130 colouring references for professionals, and sold 170,000 products in 2020. Distribution is via more than 500 points of sale and the company’s own e-shop; the company forecasts €4m in sales for 2021 with an EBITDA margin around 20%. About 70% of sales are in mainland France, 15% in Reunion and 15% internationally; the company employs roughly twenty people at its Saint-Rémy-de-Provence base. With this investor support the company plans to expand its product range, accelerate innovation, invest significantly in digital and e-commerce, open a Paris concept store in Spring 2022, and consolidate international expansion. Universal Beauty Group is a Saint‑Rèmy‑De‑Provence–based provider of natural haircare and beauty products marketed under the Végétalement Provence brand for hairdressing salons and beauty professionals. Launched in 2013 by Jean‑Marc Delabre and Vincent Faraco, the company sells to around 800 points of sale, including over 350 high‑level salons primarily in France. It opened a US subsidiary in 2016 to service Florida and the West Coast and recently opened an office in Hong Kong as a step toward entering the Chinese market. The company currently sells in Western Europe, Switzerland and Russia and is looking to develop in Asia and the Middle East. Sales under the Végétalement Provence brand were expected to reach €5m in 2017. The new funding is intended to support investments in production and marketing and to expand operations in France (including a planned concept store in Paris in 2018) and internationally.