Societe Generale Assurances
Tour D2 - 17 bis place des Reflets, Paris La Défense, Cedex, 92919, France
Overview
Societe Generale Assurances operates in retail banking, private banking, and financial services.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Insurance
Investment portfolio
- Flying Whales
Participated · Equity · Jul 2022
FLYING WHALES is developing the LCA60T, a rigid airship designed to carry 60 tons for low-carbon heavy cargo transport. The company is creating FLYING WHALES SERVICES, the business that will run the LCA60T. It raised €122 million to finalise its aeronautics programme and accelerate development work. The funds will be used to complete the LCA60T programme and speed up the launch of FLYING WHALES SERVICES in France and Quebec, Canada. Management expects development activities for the future airline and airport company to be mature enough in 2023 to be spun off into a subsidiary and thus accelerate commercial activities. Strategic shareholders ALIAD and ADP Group are part of the company’s industrial coalition as it advances its aeronautical programme.
Team
No current team members are available.