# Noria Invest: portfolio, investments and team

> Noria Invest is a vc firm based in France. 4 investments on record, 2 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/noria (Millionrounds; every figure on the page links to its filing or article)

France · [Investor](https://millionrounds.com/investors)

# Noria Invest

Last cheque observed Oct 2026; 4 cheques on record.

Email

VC firm Deploying now

Seed Series A Series B Energy Climate Media

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Deploying now

**100%** of best year **2** **cheques in 12 months**, 4 on record

Since the last cheque **17** days **00** hrs **00** min **00** sec

Median round **$34M** Rounds led **0 of 4**

Pitch Noria Invest

## Noria Invest highlights

- 01 2 cheques in the last 12 months

## What they do

> NORIA IS A FAMILY INVESTMENT STRUCTURE COMMITTED TO AN INTEGRAL ECOLOGY From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Energy Climate Media
- **Based in:** Lille, France
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2026** 2 rounds
- **Oct** **[Elax Energy](https://millionrounds.com/company/elax-energy)** FR · Ventureburn **$34M** With 2 others
- **Oct** **[Elax Énergie](https://millionrounds.com/company/elax-energie)** FR · Google News search **$34M** With 1 other
- **Undated** 2 rounds
- **-** **[Kyotherm](https://millionrounds.com/company/kyotherm)** FR · Firms' own news pages **$50M** With 5 others
- **-** **[NewHeat](https://millionrounds.com/company/newheat)** FR · Firms' own news pages **$7.8M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Seed Series A Series B

Median round joined **$34M** the round, not its cheque

Led 0 of 4 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *-*
- Series A said *-*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Bpifrance](https://millionrounds.com/fund/bpifrance) 2
- [Crédit Mutuel Impact](https://millionrounds.com/fund/credit-mutuel-impact) 2

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## Who they invest alongside

The investors most often in the same rounds as Noria Invest. A count of rooms they were both in, not a relationship either has claimed.

[**Bpifrance** Government **2** rounds together](https://millionrounds.com/fund/bpifrance)[**Crédit Mutuel Impact** Growth equity **2** rounds together](https://millionrounds.com/fund/credit-mutuel-impact)

## Recently backed

The latest companies Noria Invest put money into.

[**Elax Energy** $34M · Oct 2026](https://millionrounds.com/company/elax-energy)[**NewHeat** $7.8M](https://millionrounds.com/company/newheat)

## Quick answers about Noria Invest

### What does Noria Invest invest in?

Noria Invest says it invests in Energy, Climate and Media.

### How active is Noria Invest?

4 investments on record, 2 of them in the last 12 months. The most recent was in Oct 2026.

### What has Noria Invest invested in recently?

Its most recent investments on record: Elax Energy (Oct 2026) and Elax Énergie (Oct 2026).

### How big are Noria Invest's cheques?

The median round it joins is $34M.

### Is Noria Invest investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Noria Invest invest alongside?

Most often Bpifrance (2 rounds together) and Crédit Mutuel Impact (2 rounds together).

### What kind of investor is Noria Invest?

Noria Invest is a VC firm based in Lille, France.

### Where does this information on Noria Invest come from?

From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=noria) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=noria)