Christophe Desrumaux

Demeter Partners is an active manager which invests primarily in unlisted French and European small- to medium-sized companies in the eco-industries, eco-energies and modern-day hazards sectors. The firm invests mainly during the capital development phase, taking a minority stake and partnering with management to help create value in companies with strong growth potential. They also participate in LBO or pre-IPO projects in syndication with other funds, when companies are purchased or transferred. The Demeter Partners advisory board provides investment guidance to the management team.

Manufactures micro-energy storage devices

CEA-I focuses on high-technology sectors where CEA conducts research. In particular, CEA-I has scientific and technical expertise in micro- and nano-technologies, biotechnology and medical technology, systems and software, advanced materials and innovation in the field of energy. The firm specializes in seed capital and early-stage investment in businesses based either on CEA research or on third-party research in a domain where CEA has expertise. CEA-I invests exclusively in the first financing round or before, generally in syndication with other venture capital firms. The firm acquires minority stakes, investing on average 500 thousand Euros. They seek board representation and participate in strategic decisions without interfering in daily operations. Their targeted exit horizon is five to eight years. Exit strategies include IPO and resale to financial or industrial partners. CEA-I also invests indirectly in early-stage French companies, in particular through funds managed by Grenoble-based venture capital firm Emertec Gestion in which they hold a minority interest.

Supernova Invest is an active manager which invests in start-ups in France manly but also worldwide. It participates in venture capital funding, from seed stage to growth stage. It focuses on sectors such as health technologies, energy & environment, industry and electronic technologies. Supernova Invest usually takes board seats in the company it invests in.