Bpifrance is the French Sovereign Fund. We invest in start ups, SMEs and Mid-caps through direct investment and a fund of fund activity.
In 2018, this activity represented 2 billion euros, our portfolio of new investments is made of 1000 direct investments and 400 partnering funds. Our fund of fund activity is the European leader.
France Region Investment is a fund involving equity or quasi-equity, managed by teams located in the region and investing in SMEs and small ISEs from...
The Mid Cap funds invest in most sectors through SMEs and ISEs with strong growth potential in order to create larger companies that are competitive i...
The Large Cap team invests and monitors investments in companies with a strong French presence, whether listed or unlisted ISEs or large caps, with th...
International Capital Development
Our ambition: to develop long term international partnerships in support of the development of French businesses.
France Tourism Investment
France Tourism Investment (FTI) is a sector-specific fund investing in SMEs linked to the tourism and leisure sector in order to support transformatio...
Sector Investment Fund
The Sector Investment Fund (SIF) is a sector-specific fund investing in SMEs and ISEs linked to the rail, wood/furniture, ecological and energy transi...
F3A backs French digital technology start-ups with high growth potential aiming to become global market leaders.
FAN is a venture capital fund focused on early-stage start-ups. It backs French digital technology start-ups with high growth potential aiming to beco...
Large Venture is a €1 Billion venture capital fund focused on fast-growing, capital intensive and highly promising innovative companies look...
Biotech and Medtech VC funds
Bpifrance operates several venture capital funds dedicated to Biotech and Medtech companies.
Cleantech, Smart city & Impact funds
Bpifrance manages several venture capital funds dedicated to cleantech, smart cities.
Cultural and Creative Industries
The cultural and creative industries fund invests minority stakes, ranging from €0.4 Million to €10 Million, in French companies in the cult...
The PSIM fund invests exclusively in firms which were recognised at the Concours Mondial d’Innovation, winning the competition in one...
Definvest is a specialized equity fund focused on start-ups and SMEs regarded as strategic for French armed forces equipment.
Bpifrance invests into innovation funds (seed, VC – early, mid and late stage – and growth) covering all sectors (digital, life sciences,...
Bpifrance invests into small-cap investment funds which support small and medium-sized companies.
Bpifrance invests into private equity funds whose strategy targets French companies together with companies located in one or more foreign locations,...
International innovation capital funds
Bpifrance invests into leading foreign innovation funds, especially pan-European and North American funds, with the objective of internationalizing th...
Digital funds of funds
Bpifrance invests in digital VC funds in Europe, Asia and North America to generate open innovation benefits and financial performances.