BNP Paribas Développement
1 Boulevard Haussmann, Paris, Ile-de-France, 75009, France
Overview
BNP Paribas Développement is the investment arm of BNP Paribas that specializes in SME development. It specializes in second stage, mezzanine, bridge, acquisition, leveraged buyouts, management buyouts, recapitalization, special situations, and privatizations transactions. The firm considers investments in manufacturing, service industries, medicine, electronics, energy, chemistry, new materials, industrial automations, industrial goods and services, transportation, consumer goods, commerce and distribution, buildings and public works, wholesale retail, biotechnology, telecommunications, and information technology sectors. BNP Paribas Développement was established in 1988 and is based in Paris, France.
- Total investments
- 74
- Lead investments
- 4
- Investments · 12mo
- 10
- Active investors
- 6
Sector focus
- Business Development
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Azergo
Participated · Equity · Jul 2026
Founded in 2007 by Nicolas Pfennig and headquartered in Lyon, Azergo delivers ergonomic assessments, individualized workstation adaptations and prevention services using ergonomists, occupational therapists and biomechanics specialists. Its solutions include adapted seating, adjustable desks, specialized input devices, handling devices, acoustic equipment and bespoke workplace fittings combined with training and organizational recommendations. The group has grown through both organic expansion and six acquisitions since 2021, reaching more than 200 employees and generating nearly €56 million of group revenue in 2025 after an average annual growth close to 20% over the past three years. Management has transitioned with Vincent Rigoudy becoming chairman while founder Nicolas Pfennig remains involved to support the next phase. Azergo plans to continue a build-up strategy to fill regional coverage gaps, add complementary expertise and explore European opportunities. The company emphasizes maintaining service quality and local relationships while standardizing back-office functions and scaling its offer.
- Amarris
Led · Equity · Jul 2026
Founded in 1999 by Claude Robin, Amarris is an expertise-comptable group that serves more than 50,000 clients and employs over 800 people across 30 sites. The company offers an integrated digital environment including invoice reception and processing, billing software, one-click payments, professional accounts and real-time business dashboards, enhanced by artificial intelligence. Amarris emphasizes technological independence as a strategic differentiator to onboard and integrate acquired firms while preserving client proximity and firm autonomy. It has recently accelerated external growth—adding six structures since Naxicap's entry in November 2025 and generating roughly €20 million of additional activity—while integrating over 230 new collaborators. The group is expanding its presence across regions such as Bretagne, Normandie, Pays de la Loire, Hauts-de-France and Nouvelle-Aquitaine and is pursuing development in Belgium.
- VirtualBrowser
Participated · Equity · May 2026
VirtualBrowser develops a Remote Browser Isolation solution that prevents direct contact between user endpoints and the web by executing browsing on isolated servers and returning only a visual pixel stream. The platform is used by more than 150,000 users across over 100 organizations, including Thales, Dassault Aviation, Naval Group, Bouygues Telecom, the EU Council, CNIL and the French foreign ministry. It is the only web navigation security solution certified “CSPN” by ANSSI according to the article. The company is positioning its technology not only for secure browsing but also as an alternative to VPNs and VDI for partner and third‑party access, offering granular controls like download disablement, print blocking and dynamic watermarks. VirtualBrowser is developing a mobile app (beta on Android and iOS, validated by Apple to be a default browser) to address smishing and aims to expand further across Europe and via MSSP/integration partners. The recent €6 million raise will fund product development and accelerate European and channel expansion.
- Heliup
Participated · Series A · Mar 2026
Heliup focuses on speeding up the roll-out of photovoltaic modules, aiming to expand solar energy adoption. The company’s core offering centers on technologies and services that streamline the installation and deployment of solar panels. With fresh financing, Heliup plans to scale its operations and increase the volume of photovoltaic modules it can deliver to market. Although the article does not disclose operating metrics such as revenue or installation figures, the new capital signals investor confidence in the firm’s growth prospects. Future initiatives will likely emphasize larger deployment projects and continued product refinement to improve efficiency in solar installations. No additional financial details—such as prior funding totals, revenue, or profitability—were provided in the reporting.
- Dionymer
Participated · Seed · Feb 2026
Founded in 2020 in Gironde, France, Dionymer develops and manufactures PolyHydroxyAlcanoates (PHA) derived from biodéchets sourced from collective catering outlets. These biopolymers serve as sustainable, fully biodegradable alternatives to the 99 % petrochemical polymers currently used in cosmetics, plastics, and paints. By valorising organic waste, the startup targets a share of the 400-million-tonne global polymer market while reducing carbon emissions and microplastic pollution. To date the company has focused on scaling its proprietary production process; the new capital will finance its transition from pure production to active commercial sales. Management emphasises that the forthcoming phase will include market entry and broader industrial deployment. Dionymer’s technology positions it for both environmental impact and regulatory tailwinds as industries seek greener materials, though no revenue or customer figures have yet been disclosed. Earlier seed financings totalled €2.5 million, and the firm is now poised to accelerate go-to-market execution with expanded manufacturing capacity.