Definvest

Definvest is a specialized equity fund focused on start-ups and SMEs regarded as strategic for French armed forces equipment.

Presentation

Definvest invests between €500k and €5m alongside private investors (business angels, venture capital funds, corporate venture capital, private equity funds, etc.) for all types of equity operations (seed, growth, risk, development, transfers, etc.) except turnaround. It backs critical SMEs for the military equipment supply chain and technology start-ups with disruptive innovation aiming to become strategic for the weapons programmes of tomorrow. 

Success stories:

Kalray

Kalray is the pioneer in processors for new smart systems. A real technological discontinuity, “smart” processors have the capability to analyse on the fly and in an intelligent manner, a very large amount of information, and to make decisions and interact in real time with the outside world. These smart processors will be deployed extensively in fast-growing sectors such as new-generation networks (smart data centres) and autonomous vehicles, as well as healthcare equipment, drones and robots. After a Pre-IPO round of €10m early in 2018 backed by Definvest, Kalray raised €47.7m on the Euronext Growth index in June (an all-time record for an IPO on Euronext Growth). By the end of 2018, Kalray entered a partnership with NXP to develop a platform for safe, reliable autonomous driving.

SinterMAT

SinterMat is a specialist in spark plasma sintering (powder metallurgy). Backed by Definvest in a seed round of €3m, it aims to quickly become the first industrial provider of spark plasma sintering pieces for the Luxury, Aerospace & Defence industries in Europe. 
 

Contact

Emmanuel Audouard

Mail : Emmanuel.Audouard@bpifrance.fr

  • €50 Million

    fund

  • 6

    deals in 2018

Portfolio companies