Public investment bank + VC, Paris
Bpifrance
Venture capital firm · Maisons-Alfort · Founded 2012
Quick read
Bpifrance (Banque publique d'investissement) is France's public investment bank, founded in 2012 and headquartered in Maisons-Alfort. It backs French companies from seed through IPO, combining loans, guarantees, and equity investment across every region of France. Its Large Venture arm manages a €1.75bn growth fund targeting tech and life sciences, and the bank has committed to deploying €10bn into the French AI ecosystem by 2030.
Key facts
- Founded
- 2012
- Employees
- 519+
- Sectors
- generalist, fintech, healthcare, ai
- Website
- www.bpifrance.fr
Investment thesis
Bpifrance backs French companies at every stage — seed through IPO — using equity, loans, and guarantees. Its VC arm concentrates on tech and life sciences companies with strong French roots and proven business models, with a current emphasis on AI, digital health, and industrial sovereignty.
Recent activity
- Apr 2026investmentBpifrance's Digital Prevention Fund co-led a €4 million Series A round for Axomove, a Lille-based health-tech startup focused on musculoskeletal rehabilitation. en.wikipedia.org
- Mar 2026investmentBpifrance participated in an $11.7M funding round for May Health alongside Trill Impact and Sofinnova Partners. tracxn.com
- Feb 2026investmentBpifrance made a Later Stage VC investment in Desk Eco, its most recent deal per PitchBook as of February 2026. pitchbook.com
- 2026pressCEO Nicolas Dufourcq announced Bpifrance partnered with MGX and NVIDIA to co-build what it describes as Europe's largest AI campus in France, part of a plan to inject €10bn into the French AI ecosystem by 2030. fr.linkedin.com
- 2026productBpifrance deployed Mistral AI internally across its organisation, positioning itself as an early enterprise adopter of the French LLM it helped back. fr.linkedin.com
- 2026pressBpifrance Le Lab and Rexecode published the Q2 2026 barometer tracking the pulse of French SMEs amid Middle East conflict uncertainty. fr.linkedin.com
Notable investments
- AxomoveSeries AApr 2026en.wikipedia.org
- May HealthSeed/Early StageMar 2026tracxn.com
- Desk EcoLater Stage VCFeb 2026pitchbook.com
- Mistral AIGrowth2024fr.linkedin.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Nicolas Dufourcq · CEO
- Paul-François Fournier · Executive Director of Innovation
- Magali Joëssel · Director, Fund of Funds
Sources
Other VCs in France
- Partech Partners · Multi-stage VC, Paris·
- Eurazeo · Private equity + VC, Paris·
- Serena Capital · Multi-stage VC, Paris·
- Kima Ventures · Seed VC, Paris·
- Alven Capital · Multi-stage VC, Paris·
- Iris Capital · Multi-stage VC, Paris
Explore VCs by sector
Globally
Frequently asked
What is Bpifrance?+
Bpifrance (Banque publique d'investissement) is France's public investment bank, founded in 2012 and headquartered in Maisons-Alfort. It backs French companies from seed through IPO, combining loans, guarantees, and equity investment across every region of France.
Where is Bpifrance headquartered?+
Bpifrance is headquartered in Maisons-Alfort, France.
When was Bpifrance founded?+
Bpifrance was founded in 2012.
What sectors does Bpifrance invest in?+
Bpifrance focuses on generalist, fintech, healthcare, ai. They primarily invest in these sectors.
Who is the CEO of Bpifrance?+
Nicolas Dufourcq is the CEO of Bpifrance.
How do I prepare for a meeting with Bpifrance?+
Brief generates a structured pre-meeting briefing on any person at Bpifrance — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.
Meeting with someone at Bpifrance?
Brief generates a structured pre-meeting briefing on any person in seconds.
Try Brief →Generated by briefthecall.com from public web sources on May 27, 2026. Each claim is linked to its source above.