Bpifrance's investment focus is on supporting French companies throughout their lifecycle, from seed to IPO, with a strategic emphasis on reindustrialization, ecological transition, and innovation, particularly in deeptech, AI, blockchain, and disruptive technologies. Its strategy involves direct and indirect equity investments, loans, and guarantees, aiming to generate returns while maximizing economic impact and developing the French entrepreneurial ecosystem.
Average disclosed round size is $76.5M (across 134 rounds with reported amounts).
Portfolio
137
Fund Size
$21.5B
Top Stage
Seed
Last 12 Mo
27
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
137 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| SStanding Ovation | Series B | $28.5M | Mar 2026 |
| NNanoXplore | Unknown | $20M | Dec 2025 |
 Cube | Unknown | $700K | Dec 2025 |
 ICEYE | Series E | $150M | Dec 2025 |
| ICEYE | Series E | $200M | Dec 2025 |
 AI-Stroke | Seed | $4.6M | Nov 2025 |
 Hummink | Unknown | $20M | Nov 2025 |
| AAltrove | Seed | $10M | Nov 2025 |
 Adcytherix | Series A | $105M | Oct 2025 |
| IIsentroniq | Unknown | $7.5M | Oct 2025 |
 Step Pharma | Series C | $38M | Oct 2025 |
| WWaat | Growth | $100M | Sep 2025 |
| JJuisci | Seed | $5.5M | Sep 2025 |
 ARTHEx Biotech S.L. | Series B | $87M | Sep 2025 |
| TTAFALGIE THERAPEUTICS | Series A | $12M | Sep 2025 |
 Mistral AI | Series C | $1.7B | Sep 2025 |
 ArcaScience | Seed | $6M | Sep 2025 |
| MM2care | Unknown | $26M | Sep 2025 |
 Spiko | Series A | $22M | Jul 2025 |
| CCiloa | Unknown | $6.5M | Jul 2025 |
 Genesis AI | Series D | $105M | Jul 2025 |
| DDejaBlue | Seed | $7.2M | Jun 2025 |
| KKolet | Series A | $8.6M | Jun 2025 |
| WWandercraft | Series D | $64.3M | Jun 2025 |
 Elkedonia | Seed | $12.2M | Jun 2025 |
Page 1 of 6
Top Co-Investors
Eurazeo20 shared
Kima Ventures11 shared
Idinvest9 shared
XAnge8 shared
Elaia8 shared
Kurma Partners7 shared
Daphni6 shared
Korelya Capital6 shared
Supernova Invest6 shared
General Catalyst6 shared
Motier Ventures6 shared
Headline6 shared
Accel5 shared
Temasek Holdings5 shared
Andreessen Horowitz5 shared
Lightspeed Venture Partners5 shared
Index Ventures5 shared
360 Capital4 shared
General Atlantic4 shared
Last updated: 12 April 2026