Food & AgricultureBiotech & Life SciencesClimate & EnergyManufacturingInfrastructure & CloudDefense & SpaceTravel & Hospitality
NACO is the Regional Co-Investment Fund (Fonds Régional de Co-Investissement) for the Nouvelle-Aquitaine region of France, providing equity financing to startups and SMEs across all stages of development. Managed by M/Capital and backed by the Région Nouvelle-Aquitaine, it focuses on economic, social, and ecological transformation across sectors including industry, healthcare, digital, and energy.
Portfolio
9
Fund Size
$110M
Top Stage
Unknown
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
9 investments
Top Co-Investors
French Tech Seed Fund2 shared
Bpifrance2 shared
IRDI Capital Investissement2 shared
UI Investissement1 shared
LIFTT1 shared
Newfund1 shared
Red River West1 shared
Karista1 shared
Elaia1 shared
Daphni1 shared
Omnes Capital1 shared
BNP Paribas1 shared
Jolt Capital1 shared
Last updated: 8 September 2026