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.

Led · Series A · Sep 2025

RDS is a medtech company focused on remote patient monitoring. Its flagship product, MultiSense, is a patented telemonitoring system that the company develops, manufactures and markets. The company collaborates with international research initiatives such as DARE and 5G-OR and has been incubated at SEMIA/Quest for Health while being accelerated by PariSanté Campus. Emphasizing an eco-conscious approach, RDS aims to set new standards for telemonitoring across Europe. With its latest funding, the firm plans to expand commercialization in France, Germany and the broader European market and to conduct additional clinical trials to support reimbursement applications. The team is simultaneously preparing for FDA registration with the goal of entering the U.S. market in 2028. Elie Lobel leads the company as CEO, and no revenue or user metrics have been disclosed.

Participated · Equity · Sep 2025

MagREEsource develops technology to manufacture permanent magnets from recycled rare-earth materials, offering magnets with a 91% lower carbon footprint compared with magnets from Chinese mining. The company operates a pilot plant in Noyarey that became operational in December 2024 and has a current capacity of 80 tonnes per year. It employs 50 people and uses two core processes that will form the basis of its future large-scale factory. MagREEsource plans a MagFactory targeted to reach 1,000 tonnes per year by 2028 and has been labeled a "Projet Stratégique Européen" under the EU Critical Raw Material Act. The startup aims to build a sovereign, low-carbon supply chain for magnets and to reduce dependence on the Chinese market. Target markets include wind power, aerospace, robotics and defense.

Participated · Series B · Feb 2023

Exotrail develops electric propulsion systems and related products to enhance small-satellite mobility, deployment and on-orbit performance. The company intends to expand its product range to improve satellite mobility and help reduce space pollution. Exotrail raised $58 million in a Series B to fund those efforts. CEO and co-founder Jean-Luc Maria said the company will accelerate positioning its mobility hub as the world reference for moving assets in space and to be the preferred partner for space companies. The business is part of a broader uptick in European spacetech funding and drew broad participation from public and private French investors. Exotrail develops electric propulsion systems and spacecraft flight software for smallsats, including the ExoOPS mission‑design software released in March. The company targets satellites from 10 to 250 kilograms and has demonstration propulsion systems awaiting and scheduled for multiple launches. Exotrail plans to expand manufacturing from roughly 10 units a year to about 100 by 2022–2023 and increase headcount from 27 to 50. It aims to release a spacecraft operations software program and to develop an in-space transportation vehicle called Space Van, targeting a 2024 demonstration and envisioned evolution into a satellite servicer by 2025. Exotrail began generating revenue in the current year, a milestone that helped attract investors. The company operates from Massy and Toulouse, France. Exotrail develops proprietary electric thruster technology and plug-in operational software for small satellites. The company is developing two propulsion systems: ExoMG–nano for 10–20kg satellites and ExoMG-micro for satellites up to 100kg. It targets integrators and constellation operators and has founding clients who have committed interest in its propulsion systems. Exotrail raised $4.1M (€3.5M) in a round completed via a public financing offer to support prototype demonstration and product finalization. Planned uses include demonstrating the prototype thruster in space, finalizing product and service offerings, delivering first functional systems to founding clients, and accelerating design of mission-optimization software. The company was founded in 2015 and planned to expand its team from six people to more than sixteen by the end of the calendar year.

Led · Series D · Oct 2020

Aledia is pioneering a nanowire/nanocrystal microLED technology spun out of CEA-Leti in 2012, developing LED chips for laptops, tablets, smartphones, smartwatches, augmented-reality glasses and large TVs. The company uses very large-size silicon wafers (200–300mm) and microelectronics processes rather than conventional planar 2D LEDs on smaller sapphire substrates, and its technology is protected by 197 patent families. Aledia closed an €80M first tranche of a planned €120M D-round and will use the proceeds to complete product development and build a first-of-its-kind high-volume 3D microLED manufacturing facility in the Grenoble area. The planned facility has an estimated capex of €40 million (excluding equipment), and the company expects to invest over €200 million in equipment over the next five years. Aledia plans to grow to approximately 500 employees as it scales manufacturing. Strategic partners and investors, including Intel Capital and a range of technology and investment funds, are reinvesting to support commercialization. Aledia develops and manufactures next-generation 3D LEDs based on a gallium-nitride-nanowires-on-silicon platform. Its LEDs are produced on large-diameter silicon wafers (200mm, scalable to 300mm) and designed for mobile and other display applications. The company is pursuing both large/existing displays (smartphones, laptops, tablets) and smaller, emerging displays for VR/AR/MR and smartwatches using megapixel integrated silicon chips. Aledia is working with several large industrial partners to develop next-generation displays. It intends to use recently raised funds to accelerate technology development and acquire critical equipment. The company is led by CEO, chairman and co-founder Giorgio Anania and has subsidiaries in the US, Taiwan and Malaysia. Aledia develops and manufactures next‑generation 3D LEDs using a Gallium‑Nitride‑on‑Silicon (nanowire) platform. Its LEDs are produced on large‑diameter silicon wafers (200mm/8-inch) and are designed to be significantly less expensive than traditional 2D LEDs. The technology allows integration of electronics into the LED and the company is also working on next‑generation displays. Aledia has been advancing development and customer traction, signing development and supply contracts with major LED buyers. The company highlights automotive as a key market opportunity and cites a recently completed oversubscribed financing to accelerate development. No revenue or user metrics were disclosed in the article. Aledia develops and manufactures innovative LEDs based on a 3D architecture using gallium-nitride (GaN) microwires grown on silicon. Its GaN-on-silicon microwire technology is produced on standard 8-inch (200 mm) silicon wafers using existing CMOS wafer-fabrication processes and tools. This approach enables LED chip production at a cost four times less than traditional planar (2D) LEDs. The technology was developed over six years at LETI-CEA in Grenoble, and as part of the spin-out Aledia received exclusive worldwide rights to current and future CEA patents on microwire lighting technology. The company was co-founded in 2011 by Giorgio Anania (President & CEO), Xavier Hugon (COO) and Philippe Gilet (CTO), and is based in Grenoble, France. Aledia completed its first financing, raising €10m from Sofinnova Partners, Braemar Energy Ventures, Demeter Partners and CEA Investissement; the article does not disclose operating metrics or planned use of proceeds.