# Top 50 Construction Startup Investors in France in May 2026

## Finorpa
- Type: VC Fund
- Location: Lens, Nord-Pas-de-Calais, France
- Relevant deals: 9
- Stages: Seed, Debt Financing
- Focus: Manufacturing, Industrial, Software

Finorpa is a venture capital firm based in France that finances seed and early stage investments of Small and Medium Enterprises.

## Bpifrance
- Type: VC Fund
- Location: Maisons-alfort, Ile-de-France, France
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

Bpifrance provides financial solutions for companies that are booting up the listing on the stock exchange and credit equity. It includes OSEO, CDC Entreprises, FSI, and FSI Regions to offer in your area of financial solutions at every stage of the life of your business.Bpifrance was founded in 2012 and is based in Maisons-alfort, Ile-de-France,France.

## Siparex Groupe
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 5
- Stages: Private Equity, Seed
- Focus: Manufacturing, Software, Information Technology

Siparex, France,s first multi-sectoral private equity investment company, is founded in Lyon.It was a start-up at a time when the spirit of enterprise was flagging. It emerged in one of France's regions, listed the shares of the original company one of its main vehicles on the stock market, grew internationally, and has become one of theindependent groups in its line of business in the space of 30 years.

## NextStage
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Series B, Post-IPO Equity
- Focus: Software, Advertising, Manufacturing

NextStage is a private equity fund manager (venture capital funds (â€œFCPRâ€), local investment funds (â€œFIPâ€) and innovation investment funds (â€œFCPIâ€)) certified by the AutoritÃ:copyright: des MarchÃ:copyright:s Financiers. As committed investors, they provide private equity capital to support the growth of Champion SMEs in France andelsewhere in Europe.

## BTP Capital Investissement
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, Construction, SaaS

BTP Capital Investissement

## Kerala Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Internet, SaaS, Software

French VC fund insanely focused on bringing massive strategic and operational support to its entrepreneurs.

## Karista
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Biotechnology, Health Care

Karista is an early-stage venture capital firm created in 2001 investing in Health, Digital, Tech, and NewSpace.

## Mirova
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Private Equity
- Focus: Energy, Renewable Energy, Agriculture

Mirova is an asset managerment company offering investment solutions that combine financial performance with environmental and social impact.

## 360 Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Information Technology

Early stage european VC investing on ClimateTech, DeepTech, Mass Consumption and Business Automation.

## Daphni
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Information Technology, E-Commerce

Daphni is a venture capital based in Paris, firm investing in tech startups with a European DNA and a strong international ambition.

## AFI Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Information Technology, GreenTech, Artificial Intelligence

Alliance For Impact (AFI) is a category-defining structure for impact companies combining equity-free acceleration with first-ticket seed funding.

## LBO France
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Health Care, Medical, Software

LBO France is private equity firms in France.They offer exceptional coverage of the French market, with four interlocking areas of expertise: middle market buyouts (the White Knight funds), small cap buyouts (the Hexagone funds), real estate (the White Stone and Lapillus funds) and secondary debt (the Altercap funds). This breadth of specialistknowledge makes us a private equity leader in France – the second-largest economy in Europe and the fifth-largest in the world.With seasoned and diversified teams, a well-established position and in-depth knowledge of the French economy, LBO France offers management and investors of portfolio companies a wealth of experience and opportunities that spur value creation..Their strategy of diversification and growth has enabled us to achieve a critical mass that allows us to devote substantial financial and human resources to continuously improve the services they provide to their portfolio companies and investors.

## Serena
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Artificial Intelligence, Internet

Serena invests in bold ventures and provides them with an unrivaled level of expertise and operational resources.
In ten years, the firm has already contributed to the emergence of many success stories (Aramisauto - Acquired by PSA, The Fork - acquired by TripAdvisor, Cheerz -acquired by Cewe), and has currently 40 handpicked startups in itsportfolio such as Dataiku, Evaneos, Malt, iBanFirst, CybelAngel, or Lifen.

## Xavier Niel
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, SaaS, Artificial Intelligence

Xavier Niel currently works as the Co-Founder & CEO for NJJ Capital. Xavier Niel is the Iliad Group's majority shareholder and founder. He has been involved in the data communications, Internet and telecommunications industry since the late 1980s. In 1993, before dedicating himself full-time to developing the Group, he founded Worldnet,the first Internet service provider in France, which was sold to Kaptech (LDCom Group) in December 2000. He has been responsible for the Group's major strategic developments, from the launch of the ANNU service and the development of Internet access services based on France Télécom’s repayment scheme as a financial model to the launch of the Freebox project.

## Avolta Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, E-Commerce, Advertising

Avolta Partners provides independent M&A and corporate finance advice to young, cutting-edge, and leading startups in Europe. They have a strong track record of M&A and Venture Capital deals such as TokTokTok, Qarnot Computing or Smartangels.

## Samaipata
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Information Technology, Internet, Real Estate

Samaipata is a specialized and pan-European venture capital fund investing in digital platforms with network effects at the early stage across Europe. With over $160M of assets under management, we start with investments of $750k to $2.5m and reserve up to $10m for future rounds, from pre-seed to Se

## Kima Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, E-Commerce, SaaS

Kima Ventures is one of the world's most active early-stage investors, investing in 2 to 3 startups per week all over the world; providing founders with funding, network, and support for them to reach the next steps of their journey.The firm invests from seed to Series A, mostly as lead investor but also working alongside other investors;backing ambitious founders who work hard to build awesome things that more and more people use everyday. The company helps them to build a great team, to learn very quickly, to keep the right focus and execute towards growth.Kima takes pride of itself in working side-by-side with entrepreneurs. They claim to understand that fundraising is only one step in the company’s journey, that’s why they take quick decisions and make the fundraising process as smooth as possible so the founders can get back to the work of building their business. Kima considers itself not only an investor, but a network of founders and experts sharing a pay it forward mindset.Headquartered in Paris with an office in London, the company was founded and backed by Xavier Niel, founder of Iliad and supporter of entrepreneurs through such projects as 42, Station F and 101projets. Over the last 5 years Kima has invested in over 400 startups in 24 different countries.

## CMA CGM
- Type: VC Fund
- Location: Marseille, Provence-Alpes-Cote d'Azur, France
- Relevant deals: 1
- Stages: Seed, Series A, Series C
- Focus: Logistics, Transportation, Supply Chain Management

CMA CGM is a shipping company that ships fleets, containers, and cargo.

## Singular
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Analytics, Enterprise Software

Singular is a generalist venture capital firm backing ambitious European entrepreneurs.

## Marc-David Choukroun
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Nutrition, Accounting, Real Estate

Marc-David Choukroun is the co-founder of « La Ruche qui dit Oui ! » (« The Food Assembly » in the UK) and its actual CEO. Marc-David started his career in 2004 for Ogilvy communication group where he was a web project manager. In 2008, he started his own web agency called flipin. In 2010, he starts “La Ruche qui dit Oui !” with Guilhem Chéron& Mounir Mahjoubi. La Ruche is now the first european platform for online short food supply chain. Launched in 9 countries, the company employs 130 people and its platform connects 1 500 local communities to more than 6 000 producers.

## SistaFund
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A
- Focus: Aerospace

SISTAFUND is a new generation of venture capital funders backing exceptional female founders and gender-balanced teams.

## Unigrains
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Food and Beverage, Agriculture, Farming

Unigrains is a French agribusiness-focused private equity firm that has provided specialized financing to France's agribusiness sector.

## Aster
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Energy, Solar

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

## Compagnie Nationale à Portefeuille
- Type: VC Fund
- Location: Loverval, Hainaut, Belgium
- Relevant deals: 1
- Stages: Series A, Series D
- Focus: Information Technology, Manufacturing, Automotive

CNP is a private investment firm investing in and supporting European sector-leading or emerging companies in their long-term development. It has a long history of direct investing across sectors and European listed and non-listed companies and fosters sustainable value creation from strategic, financial, and government stewardship. CNP is one of agroup controlled by the Frère family.CNP is headquartered in Belgium with presence and a mandate across Europe

## CapHorn Invest
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, SaaS, Artificial Intelligence

CapHorn Invest is an independent Venture Capital Firm launched in 2010. The company invests in B2B digital companies. CapHorn Invest currently manages 180 million euros across two funds and has a portfolio of more than 20 companies. They invest in B2B startups that drive digital transformation. They mainly focus on Series A & B in roundsranging from 2 to 20M€.

## Crédit Mutuel Equity
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Manufacturing, Software, Energy

Crédit Mutuel Equity is the Private Equity branch of Crédit Mutuel Alliance Fédérale.

## Cathay Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series B, Private Equity
- Focus: Manufacturing, Health Care, Electronics

A pioneering global investment firm supporting companies at every stage of their lifecycle to grow, thrive and lead across borders.

## OSS Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1

Startup-Studio based in Manufacturing

## THE FRIEDKIN GROUP
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Logistics, Construction, Manufacturing

THE FRIEDKIN GROUP is a privately-held consortium for automotive, hospitality, entertainment, golf & adventure companies.

## Carvest Crédit Agricole Régions Investissement
- Type: VC Fund
- Location: Lyon, Rhone-Alpes, France
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: Food and Beverage, Manufacturing, Software

Carvest, a subsidiary of Credit Agricole Regional Banks, assists regional businesses in the implementation of capital development and capital transfer.

## MAIF Avenir
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Internet, FinTech

MAIF Avenir is a French VC firm investing in post-seed to series B startups founded by French entrepreneurs.

## Nord Capital
- Type: VC Fund
- Location: Lille, Nord-Pas-de-Calais, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Real Estate, AgTech, Manufacturing

Nord Capital is a private equity firm specializing in , all stages of company development, growth capital, buyout, restructuring and recapitalization investments. It focuses its investments in services, innovative industry, agro-food industry, e-business, health, hotels and eco-technologies in companies.

## Foundamental
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Construction, Software, Real Estate

The global investor in construction, mining and renovation technology.

## Pays de la Loire Participations
- Type: VC Fund
- Location: Nantes, Pays de la Loire, France
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Manufacturing, Software, Electronics

Pays de la Loire Participations provides finance innovation, productivity and development, especially in a banking context that is increasingly constrained by standards and regulations.The Pays de la Loire region has created the "Pays de la Loire Participations" co-investment fund (PLP) intended for small and medium-sized companieswishing to strengthen their equity. By investing alongside private professional investors, it facilitates risk taking and helps anchor long-term skills on the territory and promotes job creation and wealth.With 14 million euros in capital (20 million in the long term), entirely contributed by the Region, the "Pays de la Loire Participations" fund co-invested an average of around 2.5 million euros annually. average of € 180 K per company. Its intervention as a co-investor is crucial because it allows the VSE / SME beneficiaries to obtain from private financiers and banks, 4 times the funds contributed by Pays de la Loire participations.

## Pierre Kosciusko-Morizet
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Artificial Intelligence, Retail, Health Care

Pierre Kosciusko-Morizet is an Internet entrepreneur, founder and former CEO of French e-commerce pioneer PriceMinister. After he sold Priceminister to Japanese internet giant Rakuten in 2010 for $350m, he became Rakuten Europe COO. He left Rakuten in 2014 so as to concentrate on his investments and new project.Pierre Kosciusko-Morizet is agraduate of the famous HEC Paris business school, where he studied entrepreneurship. He launched his first company, Visualis SA (a consultancy for the distribution sector), while still studying at HEC, with a €10,000 student loan. After graduating from HEC, Kosciusko-Morizet moved to the United States and became a manager in the marketing department of Finance Capital One, an internet-based credit card company. There he managed a team of 60 analysts, and specialised in the online credit and banking market.It was there that Kosciusko-Morizet saw a gap in the market. While websites existed in the United States linking buyers and sellers online, there was no equivalent site in France. He resigned from Finance Capital One and returned to France two weeks later to work on what would become PriceMinister with Pierre Krings, Olivier Mathiot, Nathalie Maurin and Justin Ziegler. In 2001 Priceminister launched and has grown into one of the largest and most successful e-commerce companies in France, currently employing around 200 passionate and dedicated staff.Pierre Kosciusko-Morizet is a former President of the ACSEL (Association of the Digital Economy) and of the ASIC (Association of Internet Community Services), and Chairman and main investor of the Strategic Committee of ISAI, the “French internet entrepreneurs fund”, that raised over $100m. In 2010 Kosciusko-Morizet published an autobiographical book which details the story of PriceMinister.

## Jérôme Manuguerra
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Marketing, Construction

Jérôme Manuguerra is the COO and Co-founder at Masteos.

## Paulin Dementhon
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Banking, Finance, Accounting

Paulin Dementhon

## Groupe BPCE
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Financial Services, Banking, FinTech

Groupe BPCE, with its principal Banque Populaire, Caisse d'Epargne, and Natixis brands, is the 2nd largest banking group in France and finances 20% of the French economy.

## Financiere Saint James
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Financial Services, Internet

Financiere Saint James is the Family Office of Michaël Benabou, vente-privée.com's co-founder. We invest in digital startups bringing disruptive services to the market. Financiere Saint James invested in companies such Welcome to the Jungle, Glovo, Alma, WeMaintain, Spendesk. Financiere Saint James also invests in PE/VC funds.

## Alexandre Brochot
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed
- Focus: Construction

Alexandre Brochot is the Co-founder of Saqara.

## Pierre Krings
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Rental, Health Care, Information Technology

Pierre Krings is the founder of Price Minister.

## Ring Mission
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: CAD, Rental, Internet

investment firm

## Construction Venture
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: Construction, Software, Logistics

Construction Venture

## Citizen Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Education, Training

Citizen Capital is a leading French private equity fund dedicated to using an impact-driven investment approach to deliver both financial and social returns for investors and society at-large. Citizen Capital manages €60 million and provides growth capital to high growth small or medium companies (€1 to 50 million sales) with a strong socialpurpose targeting :- Inclusion : adress the needs of underserved populations (silver economy, health, education, Bottom of the Pyramid...)- Social mobility : enable excluded people to access employment and cross social barriers (job creation in underserved areas, integration of disabled or low-educated workers...)- Sustainable production and consumption : change consumption habits and give access to sustainable goods and services (local production and short distribution channels, environment-driven technologies...)- Social Innovation : introduce new organisation models with tangible positive impact upon employees and partners (employee shareholding schemes, collaborative management...)Our goal is to build wealth for all stakeholders in our portfolio companies. In addition to capital we offer a combination of strategic, financial, operational guidance to the companies in which we invest, as well as a pro-active support in building and driving impact strategy – Citizen Capital has implemented a methodology combining social impact and ESG approach. Citizen Capital has signed the Principles for Responsible Investment (United Nations, PRI) and is a member of the G8 Social Impact Investment Task Force.

## ADP
- Type: VC Fund
- Location: Roseland, New Jersey, United States
- Relevant deals: 1

ADP offers industry-leading online payroll and HR solutions, plus tax, compliance, benefit administration and more.

## Crédit Mutuel Innovation
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Health Care, Biotechnology

Crédit Mutuel Innovation is the evergreen venture capital entity of Crédit Mutuel Equity (€3.5 billion in capital). We invest €1-20M in life science, digital and deeptech companies from seed to growth stages.We help bold and ambitious entrepreneurs to develop their strong growth potential with our worldwide enterprise ecosystem (our 350+portfolio companies, our abroad subsidiaries, 150+ largest global corporates and the best-in-class experts). Because it takes more than 5 years to build a Unicorn, we invest our own equity and ensure durable partnerships with visionary leaders.Today, the 350 companies in which we have invested generate a cumulative annual turnover of €50bn and create more than 250,000 jobs.

## Unexo
- Type: VC Fund
- Location: Rennes, Bretagne, France
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Medical, Telecommunications, Food and Beverage

Unexo is a private equity arm of Crédit Agricole SA specializing in investments in middle market and mature companies, growth capital, development srtages, leveraged management buyout, leveraged management buyin, owner's buyout, and recapitalization transactions.

## M Capital Partners
- Type: VC Fund
- Location: Toulouse, Midi-Pyrenees, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Food and Beverage, Software

M Capital is an independent investment company with +€500m AuM.
A unique hub where entrepreneurs can have an equity finance and quasi-equity as well as a permanent support to accelerate their growth.
In 2020, M Capital has funded over 200 French companies.

## Sofimac Investment Managers
- Type: VC Fund
- Location: Clermont-ferrand, Auvergne, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Manufacturing

Acteur incontournable du capital risque de proximité, SOFIMAC PARTNERS accompagne depuis maintenant plus de 30 ans les PME régionales dans le financement de leur développement à moyen / long terme. Répondant à la problématique de sous capitalisation des PME françaises, SOFIMAC PARTNERS intervient en fonds propres aux côtés des chefsd’entreprises quelle que soit leur problématique : Création, Développement, Transmission. Gérant 200 M€ d’actifs au travers de 16 fonds (FCPR, FCPI, SCR, FIP,…), notre groupe réalise ses investissements sur une grande variété de secteurs, couvrant aussi bien les activités traditionnelles que technologiques (chimie verte, éolien, chaudronnerie aéronautique, e-commerce, édition de logiciel, médecine nucléaire etc…)

## Demeter Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Private Equity
- Focus: Manufacturing, Energy, Electronics

Demeter is a major player in venture capital and private equity for the ecological transition. We invest from €1m to €30m to support companies at all stages of their development: innovative startups, high growth SMEs and infrastructure projects.

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