- Supernova Invest ambitions to become a pan-European leader in multi-stage deeptech investment (seed, venture, late stage)
- “Industry Ambition” fund aims to support hypergrowth phase of leading European deeptech with equity investments between €8m and €30m.
- The fund is already kick-started with two significant investments in deeptech champions Ynsect and Aledia.
Paris / Grenoble, November 24th 2021 – Leading multi-stage deeptech investor Supernova Invest is pleased to announce the start of its late stage fund with €145m. Raised from Groupe Crédit Agricole, CEA, institutionnal investors, industrials and family offices, the fund positions Supernova Invest as the pan-European leading investor in breakthrough-led companies coming from applied research with a substantial industrial focus.
Pierre-Emmanuel Struyven, President at Supernova Invest comments : ”Deeptech companies are key to support economic and industrial transformation. Supernova Invest have been one of the first players in France and Europe to focus on disruptive technologies that have a huge impact on our lifestyles and tomorrow’s biggest societal challenges, such as food sustainability, climate and energy transition, hydrogen, medical robotics and new therapies… Backing their industrial scale and international expansion perfectly match with European goals for sovereignty in tech landscape that the continent and France are calling for”.
Deeptech to lead impactful technological and industrial revolution
Tibi-approved « Industry Ambition » fund is targeting to invest between 15 to 20 deeptech startups in commercial and industrial hypergrowth stage, that are position on mass/value markets and aiming at becoming worldwide leaders in healthcare, energy and agricultural transition, digital technologies, and industry 4.0 sectors.
Régis Saleur, CEO at Supernova Invest completes: ”Supernova Invest is a unique deeptech investment platform in Europe. This new fund will finance industrial capacities (plant construction, new manufacturing line), commercial rollout and international development of deeptech startups. We want to build worldwide leaders which will be employment generators and transformative-oriented businesses to shape a new industrial era for Europe”.
Investment operations will be €8 to €30m on financing needs ranging from €20 to €200 m. The team has started to deploy the fund through two significant investments in French major deeptech companies: Ynsect (world leader in natural insect protein production – €8m) and Aledia (microLED display technologies – €10m). Supernova Invest’s current portfolio includes 73 deeptech startups, of which nearly a third are scale-ups in hyper-growth stage, and 6 are part of the Next 40/French Tech 120 indexes (Afyren, Aledia, Microphyt, Keranova, Robocath, Ynsect).
Building the best-in-class European deeptech team
With « Industry Ambition », the team of fifteen investors located in Paris and Grenoble also intends to first-time deploy funds in Europe, in countries where deeptech sectors are well structured (Germany, UK, Belgium, Switzerland, Nordic countries). The team has recently been strengthened with senior profiles used to late stage investments: Etienne Moreau (Partner, digital technologies), David Hansen (Investment Director, energy transition) and Rémi Spagnol (Investment Director, healthcare).
Julien Cristiani, General Partner at Supernova Invest and fund manager, adds: “We’re able to bring deeptech startups our proven operational experiences, a C-level industry expertise and an ambitious financing at every stage of their life cycle. Our 184 investments track record convinced new LPs to ramp up in technological capital innovation, a market segment that will experience extraordinary growth given economic and societal transitions at stake”.
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About Supernova Invest
Supernova Invest is the leading deep tech Venture Capital firm in France, managing €400+ million AUM. The current portfolio includes 70+ impact startup companies that develop products and services leveraging breakthrough technologies in 4 transition-centric sectors: Health, Energy & Environment, Industry 4.0 and Digital Technology. For 20 years, Supernova Invest has been providing long-term capital, operating experience, and strategic support to back sustainable growth of tomorrow’s deep tech and industrial champions throughout the Venture Capital life cycle: seed, early, late and growth stages. Supernova Invest also gathers the entire deep tech value chain to support portfolio companies: industrials, corporate, research centers and co-investors. Supernova Invest is backed by the largest asset manager in Europe Amundi and by the most innovative public research organization in Europe CEA.