Bpifrance (Banque publique d'investissement) is France's public investment bank, created in 2012 as a joint venture between the French State and Caisse des Dépôts. It provides loans, guarantees, equity investments, and venture capital to support French businesses from seed stage through IPO, acting as a development bank, innovation agency, and sovereign fund.
Average disclosed round size is $84.3M (across 128 rounds with reported amounts).
Portfolio
207
Fund Size
—
Top Stage
Series A
Last 12 Mo
18
Team
Teodora Ene
Investors Partnerships Director
Antonin Cobolet
Strategic Investor Program Officer
Brendan Lanoé
GP Support Manager
Martin Naturel
GP support Officer
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
230 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Standing Ovation | Series B | $28.5M | Mar 2026 |
 GitGuardian | Series C | $50M | Feb 2026 |
| Ccobl | Seed | — | Jan 2026 |
 Theremia | Seed | — | Jan 2026 |
| NNanoXplore | Unknown | — | Dec 2025 |
 Cube | Unknown | — | Dec 2025 |
 ICEYE | Series E | — | Dec 2025 |
 Brevo | Unknown | — | Dec 2025 |
 AI Stroke | Seed | $4.6M | Nov 2025 |
 Hummink | Series B | $15M | Nov 2025 |
 Altrove | Seed | $10M | Nov 2025 |
 Adcytherix | Series A | — | Oct 2025 |
 Isentroniq | Unknown | — | Oct 2025 |
 Step Pharma | Series C | — | Oct 2025 |
| WWaat | Growth | $100M | Sep 2025 |
 Juisci | Seed | — | Sep 2025 |
 ARTHEx Biotech | Series B | $87M | Sep 2025 |
| TTAFALGIE THERAPEUTICS | Series A | — | Sep 2025 |
 ArcaScience | Seed | — | Sep 2025 |
 Mistral | Series C | $1.5B | Sep 2025 |
 Spiko | Series A | — | Jul 2025 |
| CCiloa | Unknown | — | Jul 2025 |
 Genesis AI | Series D | $105M | Jul 2025 |
| DDejablue | Seed | $7.2M | Jun 2025 |
 Kolet | Series A | — | Jun 2025 |
Page 1 of 10
Top Co-Investors
Eurazeo22 shared
Idinvest Partners17 shared
Kurma Partners14 shared
Kima Ventures14 shared
European Innovation Council (EIC)13 shared
BNP Paribas13 shared
XAnge12 shared
Supernova Invest11 shared
Sofinnova Partners11 shared
Serena11 shared
Elaia10 shared
UI Investissement10 shared
Jeito Capital7 shared
Andera Partners7 shared
Index Ventures7 shared
Motier Ventures7 shared
Alven7 shared
Y Combinator7 shared
Station F7 shared
Last updated: 7 September 2026