Participated · Equity · May 2026

Ellipse Bikes designs and manufactures bicycles intended as everyday vehicles, emphasizing simplicity, robustness and suitability for regular cyclists. The company operates a B2B leasing offer that already contributes roughly 40% of its revenue and counts clients such as CMA CGM, Crédit Agricole and Dassault Systèmes. Ellipse currently sells through a network of 30 resellers and plans to expand that network to 100 points of sale within two years. It is based in the Aube and employs around 15 people. Management states a mission of restoring the bicycle as the primary household vehicle. The company has raised €1.5 million in its most recent round to support these expansion plans.

Participated · Equity · Mar 2026

K-Motors develops the PowerSwitcher, an intelligent high-power switching module that consolidates contactors, fuses, precharge circuits and sensors into a single component. The technology aims to provide ultra-fast battery protection, intelligent hybridization of multiple energy sources, and reductions in mass while improving performance and safety. The PowerSwitcher is stated to be qualified to automotive standards, validated with demanding vehicle manufacturers, and described as compatible with voltages in the range cited in the announcement (article references 30 V–1,200 V for the module while noting broader market demand from 100 V–2,400 V). The company plans to move to pre-industrial production and to begin first customer manufacturing runs as it scales commercial deployment in Europe and the U.S. The funding structure announced (3M€ equity and 2M€ debt) is intended to support these production and commercial milestones.

Participated · Debt Financing · Dec 2025

Bon Air Club positions itself as a four-season accommodation concept that bridges camping’s immersion in nature with the amenities of an urban hotel. Its first 10-hectare resort, slated to open in the Alpes Mancelles (Sarthe) in July, will feature 40 wood lodges built by Vendée manufacturer Cistébois and designed to host two to eight guests. The sites emphasize an ‘outdoor spirit,’ offering activities such as trail running, hiking, canoeing and tree-top adventure courses, and aim to attract families, groups of friends and corporate seminar clients. Founded by Ségolène Desplanques with partners Grégory Thibord and Pierre-Yves Le Gal, the company emerged from the Nantes start-up studio Imagination Machine. Looking ahead, management is already in exclusive talks for a second location and targets opening four to six resorts in France and neighboring countries by 2030. The recent €7 million funding enables Bon Air Club to acquire its first property and finance lodge construction, setting the stage for additional capital needs as new sites are developed.

Participated · Series A · Nov 2025

Founded in 2020, Leanspace has built a modular software platform covering satellite monitoring & control, mission planning, ground-segment orchestration and hardware testing. The system is already flight-proven and used by more than 20 commercial operators, including Quantum Space, Look Up and Clearspace. In 2024 the company began targeting enterprise and institutional customers and has since signed seven contracts with organizations such as Airbus Defence & Space, Hispasat and the European Space Agency. Leanspace now serves six market segments spanning small satellites, constellations, in-orbit service vehicles, launchers & spaceports, large satellites and ground-station networks. The company positions its open, customizable platform as the backbone for secure, agile and cost-efficient “software-defined” satellite operations. With fresh backing from strategic aerospace and IT partners, Leanspace plans to expand in Europe and North America, offer turnkey mission-operations systems and build an ecosystem of satellite manufacturers, cloud providers and space-services firms around its technology.

Participated · Equity · Oct 2024

Scalingo offers a platform-as-a-service (PaaS) that simplifies deployment and infrastructure management while prioritizing security and EU data-protection compliance. The company emphasizes ease of use, performance, and expert support to let developers focus on building applications. Scalingo is pursuing SecNumCloud 3.2 qualification for its full PaaS offering and plans product additions such as a new identity and access management (IAM) system and mass data management capabilities aimed at AI projects. The team intends to expand its presence across Europe while keeping its headquarters in Strasbourg, France. The company reports over 1,000 customer companies and more than 35,000 developers using the platform. Scalingo plans to double headcount from 35 to 70 employees by 2026 as part of its growth roadmap.