• Albupad

  Participated · Equity · Mar 2026

  Founded in 2024 out of the University of Strasbourg, Albupad engineers a proprietary platform that stabilises native albumin to create drug-delivery systems capable of releasing biologic medicines over extended periods. The technology targets chronic illnesses and oncology indications where sustained dosing can improve efficacy and patient compliance. Albupad’s approach aims to integrate seamlessly into existing pharmaceutical pipelines, offering partners turn-key formulations rather than standalone drugs. The company estimates the addressable global market for long-acting biologics exceeds €400 billion. Proceeds from its latest raise will fund prototype development and advance regulatory preparations. Although still pre-revenue, Albupad is positioning itself as an enabling technology provider to large pharma and biotech firms.

• SOTERIA LAB

  Participated · Equity · Nov 2024

  Soteria Lab is a cybersecurity services provider founded 10 years ago by Clément Joliot and Pierre Veutin. Its core offerings include technical and organizational audits, pentesting, training, incident response, and a Cyber Range added two years ago. The company has developed HOPLITE, a modular, end-to-end managed service aimed at organisations with 10–200 workstations and operated from its security operations centre in Nancy. Soteria completed its first equity fundraising of more than €800k to accelerate growth and implement a strategy adapted to TPE/PME. Planned uses of proceeds include launching a dedicated commercial organisation (operational September 2024), increasing pentesting capacity, and developing an advanced client dashboard. The firm positions cybersecurity as a suite of complementary services focused on organisational resilience rather than isolated technology point solutions.

• Aprex Solutions

  Participated · Equity · Jul 2024

  Aprex Solutions develops industrial vision and image-analysis technologies for quality control, deploying cameras and tailored inspection applications in factories, R&D centers, and research labs. The company has installed more than 250 cameras and delivered over 100 applications in three years, and lists clients such as Saint-Gobain, Petit Bateau, Herta and ArcelorMittal. Reported revenue is €2M with a team of 22 employees, and the business is described as profitable. The founders, Romain Baude and Mikaël Désécures, remain majority shareholders. Aprex plans to accelerate commercial development and expand its territorial presence across France and Europe, with immediate hires to strengthen its commercial teams and further technical recruitment in 2025. It is also investing in R&D to make its solutions more performant and less resource‑intensive to ease deployment and address industry-of-the-future needs such as material and energy optimization.

• ADEMUS

  Participated · Equity · May 2024

  Ademus designs and manufactures electric motorcycles in its Toul (Meurthe‑et‑Moselle) workshops under the Medusa brand. Founded in 2020 by Arts et Métiers engineer Thomas Salquebre, the company emphasizes sensory riding experiences and has developed a controllable, disconnectable mechanical‑style sound for its bikes. It completed initial prototyping to demonstrate disruptive technical systems that differentiate its motorcycle from competitors. Ademus plans to accelerate prototype road testing, offer its technologies to actors in the automotive value chain, and expand its team. The company recently closed a €600,000 fundraising and is supported by Yeast, Groupe ILP, Bpifrance, Région Grand Est, Caisse d’Epargne and local business angels. Management says the next fundraising will target homologation and industrialization of the motorcycle and its technologies.

• Passbolt

  Participated · Equity · Jan 2019

  Passbolt provides an API-centric platform that collaboratively manages and protects accounts, credentials, and secrets used by people and machines across devices. It supports passwords and a wide range of organizational credentials, including root accounts, SSH keys, API keys, non-human credentials, key-value secrets, web logins, and TOTPs for MFA. The product is open source with self-hosting capabilities and flexible customization to meet company policies and regulatory needs. Passbolt offers a free community edition (Passbolt CE), a commercial enterprise edition (Passbolt Pro) with support, and a SaaS offering (Passbolt Cloud). Led by CEO Kevin Muller and based in Luxembourg, the company targets organizations of all sizes. Passbolt provides an open-source, privacy-focused password manager aimed at teams, offering a free community edition (Passbolt CE) and two commercial products: Passbolt Pro (self-hosted) and Passbolt Cloud (hosted for smaller teams). The product targets collaborative access management for developers and marketers who share credentials and require differentiated access levels. The company says it has close to 100,000 users and doubled headcount from 6 to 12 in 2020. Passbolt emphasizes transparency and open-source security versus competitors that use “security by obscurity.” With the new funding, the startup plans to expand technical teams and hire multi-skilled developers familiar with open-source. The team expects community-driven demand to accelerate roadmap development in the short term. Passbolt is an open-source password manager built on PGP/GnuPG that validates users and verifies secrets server-side to enable secure data sharing among team members. The platform is customizable via its API and was incubated at Technoport. Founded in 2017 by Cedric Alfonsi, Kevin Muller and Remy Bertot, Passbolt serves about 30,000 users. The company plans to upgrade its software, expand its team and launch Passbolt Cloud, a SaaS offering for users with limited infrastructure. Management has set a user-growth target of at least 100,000 users in 2019. Recent fundraising will support these product and growth plans.

No current team members are available.