# Pays de la Loire Participations: portfolio, investments and team

> Pays de la Loire Participations is a vc firm based in France. 22 investments on record, 3 in the last 12 months, latest Feb 2026.

Source: https://millionrounds.com/fund/pays-de-la-loire-participations (Millionrounds; every figure on the page links to its filing or article)

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

# Pays de la Loire Participations

Last cheque observed Feb 2026; 22 cheques on record.

Deploying now VC firm

Seed Venture Series A 3D Technology Energy

Deploying now

**50%** of best year **3** **cheques in 12 months**, 22 on record

Since the last cheque **268** days **00** hrs **00** min **00** sec

Median round **$2.0M** Rounds led **0 of 22** Sole investor **12 rounds** Mostly in **France, 100%**

Pitch Pays de la Loire Participations

## Pays de la Loire Participations highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Seed and Venture: 95% of its rounds
- 03 Sole investor in 12 rounds, median $1.5M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** 3D Technology Energy
- **Based in:** France
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **22 appearances**

- **2026** 1 round
- **Feb** **[Eclore](https://millionrounds.com/company/eclore)** Seed · FR **$3.6M** With 2 others
- **2025** 5 rounds
- **Dec** **[Miura Simulation](https://millionrounds.com/company/miura-simulation)** Seed · FR **$2.3M** With 1 other
- **Nov** **[CGREEN](https://millionrounds.com/company/cgreen)** Seed · FR **$2.3M** Sole investor
- **Oct** **[vebo](https://millionrounds.com/company/vebo)** Seed · FR **$694K** With 1 other
- **Jun** **[Ivyspec](https://millionrounds.com/company/ivyspec)** Seed · FR **$341K** Sole investor
- **Mar** **[Tract'Moi](https://millionrounds.com/company/tract-moi)** Seed · FR **$816K** With 1 other
- **2024** 4 rounds
- **Jul** **[D-ICE Engineering](https://millionrounds.com/company/d-ice-engineering)** Series A · FR **$6.5M** With 1 other
- **Jul** **[Enerdigit](https://millionrounds.com/company/enerdigit)** Venture · FR **$44M** With 2 others
- **Jun** **[WaltR](https://millionrounds.com/company/waltr)** Venture · FR **Undisclosed** Sole investor
- **Jun** **[VoltR](https://millionrounds.com/company/voltr)** Seed · FR **$4.3M** Sole investor
- **2023** 5 rounds
- **Dec** **[Tri’n’collect](https://millionrounds.com/company/tri-n-collect)** Seed · FR **$5.4M** With 4 others
- **Dec** **[Velco](https://millionrounds.com/company/velco)** Venture · FR **$2.2M** With 5 others
- **Jul** **[factoryz](https://millionrounds.com/company/factoryz)** Venture · FR **$787K** Sole investor
- **Jul** **[BioMAdvanced Diagnostics](https://millionrounds.com/company/biomadvanced-diagnostics)** Venture · FR **$1.6M** With 1 other
- **Feb** **[Wiink](https://millionrounds.com/company/wiink)** Venture · FR **$1.4M** Sole investor
- **2022** 6 rounds
- **Sept** **[Berny](https://millionrounds.com/company/berny)** Seed · FR **$2.0M** Sole investor
- **Sept** **[Starbolt](https://millionrounds.com/company/starbolt)** Seed · FR **$2.0M** Sole investor
- **May** **[SMALA](https://millionrounds.com/company/smala)** Venture · FR **$4.2M** Sole investor
- **Apr** **[ByFLOX](https://millionrounds.com/company/byflox)** Seed · FR **$604K** Sole investor
- **Feb** **[Origame](https://millionrounds.com/company/origame)** Seed · FR **$687K** Sole investor
- **Jan** **[Take a Desk](https://millionrounds.com/company/take-a-desk)** Venture · FR **$1.5M** Sole investor
- **2021** 1 round
- **Sept** **[OCTOPIZE](https://millionrounds.com/company/octopize)** Seed · FR **$1.8M** 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 cheque

Seed Venture Series A

Median round joined **$2.0M** the round, not its cheque Alone, median **$1.5M**

Led 0 of 22 rounds **0%**

- **Sole investor:** 12 rounds
- **Last cheque:** Feb 2026

Rounds by stage said on their site

- Seed *13*
- Venture *8*
- Series A *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Bpifrance](https://millionrounds.com/fund/bpifrance) 7
- [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) 2
- [Banque des Territoires](https://millionrounds.com/fund/banque-des-territoires) 2

**Pitching Pays de la Loire Participations?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Pays de la Loire Participations. A count of rooms they were both in, not a relationship either has claimed.

[**Bpifrance** Government **7** rounds together](https://millionrounds.com/fund/bpifrance)[**BNP Paribas** VC firm **2** rounds together](https://millionrounds.com/fund/bnp-paribas)[**Banque des Territoires** VC firm **2** rounds together](https://millionrounds.com/fund/banque-des-territoires)

## Recently backed

The latest companies Pays de la Loire Participations put money into.

[**Eclore** $3.6M · Feb 2026](https://millionrounds.com/company/eclore)[**Miura Simulation** $2.3M · Dec 2025](https://millionrounds.com/company/miura-simulation)[**vebo** $694K · Oct 2025](https://millionrounds.com/company/vebo)[**Ivyspec** $341K · Jun 2025](https://millionrounds.com/company/ivyspec)[**Tract'Moi** $816K · Mar 2025](https://millionrounds.com/company/tract-moi)[**D-ICE Engineering** $6.5M · Jul 2024](https://millionrounds.com/company/d-ice-engineering)

## Quick answers about Pays de la Loire Participations

### What does Pays de la Loire Participations invest in?

Pays de la Loire Participations invests most often at Seed and Venture (95% of the rounds on record), in sectors such as 3D Technology and Energy.

### How active is Pays de la Loire Participations?

22 investments on record, 3 of them in the last 12 months. The most recent was in Feb 2026.

### What has Pays de la Loire Participations invested in recently?

Its most recent investments on record: Eclore (Seed, Feb 2026), Miura Simulation (Seed, Dec 2025) and CGREEN (Seed, Nov 2025).

### How big are Pays de la Loire Participations's cheques?

The median round it joins is $2.0M.

### Does Pays de la Loire Participations lead rounds?

Rarely, if at all: none of its 22 investments on record names it as the lead.

### Where does Pays de la Loire Participations invest?

Most of the companies it backs are in France (100%).

### Is Pays de la Loire Participations investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does Pays de la Loire Participations invest alongside?

Most often Bpifrance (7 rounds together), BNP Paribas (2 rounds together) and Banque des Territoires (2 rounds together).

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