# Siparex: portfolio, investments and team

> Siparex is a private equity based in France. 26 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

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

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

# Siparex

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet Private equity

Pre-seed Seed Series A Energy Nuclear

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 26 on record

Since the last cheque **2573** days **00** hrs **00** min **00** sec

Median round **$12M** Rounds led **0 of 26** Sole investor **1 rounds** Exits **2 from the portfolio** Mostly in **France, 92%**

Pitch Siparex

## Siparex highlights

- 01 26 rounds on record
- 02 Mostly Venture and Series B: 72% of its rounds
- 03 Sole investor in 1 rounds, median $2.3M
- 04 2 exits from the portfolio

## What they do

> Siparex est un groupe de Private Equity au service du développement et de la transformation des entreprises From their own website

- **Type:** Private equity
- **Cheque size:** From $300K as they say
- **Stages:** Pre-seed Seed Series A Series B Growth Buyout
- **Sectors:** Energy Nuclear
- **Based in:** Lyon, France
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **26 appearances**

- **2019** 2 rounds
- **Oct** **[Herow](https://millionrounds.com/company/herow)** Series B · FR · FinSMEs **$19M** With 2 others
- **Mar** **[Implicity](https://millionrounds.com/company/implicity)** FR · FinSMEs **$4.5M** With 3 others
- **2015** 1 round
- **Sept** **[CONNECTHINGS](https://millionrounds.com/company/connecthings)** Venture · BR **$11M** With 2 others
- **2013** 1 round
- **Nov** **[Restlet](https://millionrounds.com/company/restlet)** Seed · FR · rudebaguette.com **$2.0M** With 1 other
- **2012** 2 rounds
- **Dec** **[Vision 360 Degres (V3D)](https://millionrounds.com/company/vision-360-degres-v3d)** Venture · FR · finsmes.com **$2.9M** With 2 others
- **Jan** **[La Ruche qui dit Oui](https://millionrounds.com/company/la-ruche-qui-dit-oui)** Venture · FR **$1.9M** With 1 other
- **2011** 2 rounds
- **Apr** **[MakeMeReach](https://millionrounds.com/company/makemereach)** Venture · FR · eu.techcrunch.com **$4.4M** With 2 others
- **Feb** **[Vision 360 Degres (V3D)](https://millionrounds.com/company/vision-360-degres-v3d)** Venture · FR · finsmes.com **$1.4M** With 1 other
- **2010** 3 rounds
- **Sept** **[Quadrille Ingénierie](https://millionrounds.com/company/quadrille-inga-nierie)** Venture · FR **$2.3M** Sole investor
- **Jun** **[Docea Power](https://millionrounds.com/company/docea-power)** Series A · FR · reuters.com **$1.5M** With 3 others
- **Apr** **[Passman](https://millionrounds.com/company/passman)** Series B · FR **$30K** With 1 other
- **2008** 1 round
- **Nov** **[Smartesting Solutions & Services](https://millionrounds.com/company/smartesting-solutions-and-services)** Series C · FR **$6.0M** With 2 others
- **2007** 5 rounds
- **Dec** **[Inside Secure](https://millionrounds.com/company/inside-secure)** Series C · FR · insidecontactless.com **$44M** With 11 others
- **Oct** **[CAPS Entreprise](https://millionrounds.com/company/caps-entreprise)** Series A · FR **$3.0M** With 1 other
- **Jul** **[ACCO SA](https://millionrounds.com/company/acco-sa)** Series B **$10M** With 2 others
- **Mar** **[Ipercast](https://millionrounds.com/company/ipercast)** Venture · FR · clubic.com **$3.3M** With 1 other
- **Feb** **[Acco Brands](https://millionrounds.com/company/acco-brands)** Series A · US **$10M** With 2 others
- **2006** 5 rounds
- **Oct** **[Ingenico](https://millionrounds.com/company/ingenico)** Venture · FR **$8.3M** With 4 others
- **Oct** **[Open-Plug](https://millionrounds.com/company/open-plug)** Series B · FR · openplug.com **$15M** With 5 others
- **Sept** **[Innova Card](https://millionrounds.com/company/innova-card)** Venture · FR · innova-card.com **$6.4M** With 3 others
- **Sept** **[Redicam](https://millionrounds.com/company/redicam)** Venture · FR **$242K** With 1 other
- **Sept** **[Inside Secure](https://millionrounds.com/company/inside-secure)** Venture · FR · encyclopedia.com **$25M** With 5 others
- **2005** 4 rounds
- **Nov** **[Inside Secure](https://millionrounds.com/company/inside-secure)** Venture · FR **$11M** With 4 others
- **Sept** **[Smartesting Solutions & Services](https://millionrounds.com/company/smartesting-solutions-and-services)** Series B · FR **$2.5M** With 3 others
- **Jul** **[SilMach](https://millionrounds.com/company/silmach)** Venture · FR **$218K** With 1 other
- **Jan** **[Innova Card](https://millionrounds.com/company/innova-card)** Series A · FR **$4.6M** With 2 others

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 **13** 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[MakeMeReach](https://millionrounds.com/company/makemereach)** Bought by Perion **$15M** Feb 2015

**[Open-Plug](https://millionrounds.com/company/open-plug)** Bought by [Alcatel-Lucent](https://millionrounds.com/fund/alcatel-lucent) **Undisclosed** Sept 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Pre-seed Seed Series A

Median round joined **$12M** the round, not its cheque Alone, median **$2.3M**

Led 0 of 26 rounds **0%**

- **Said size:** From $300K
- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2019
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Venture *13*
- Series B said *5*
- Series A said *4*
- Series C *2*
- Seed said *1*
- Pre-seed said *-*
- Growth said *-*

Cheques by year Led Joined

2005 2019

Often in the room with

- [Franche-Comté PME Gestion](https://millionrounds.com/fund/franche-comta-pme-gestion) 4
- [Rhône-Alpes Création](https://millionrounds.com/fund/rhone-alpes-creation) 4
- [Gimv](https://millionrounds.com/fund/gimv) 3
- [I-Source Gestion](https://millionrounds.com/fund/sofimac-innovation) 3
- [Calao Finance](https://millionrounds.com/fund/calao-finance) 2
- [CapDecisif Management](https://millionrounds.com/fund/capdecisif-management) 2

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## Who they invest alongside

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

[**Franche-Comté PME Gestion** Investment firm **4** rounds together](https://millionrounds.com/fund/franche-comta-pme-gestion)[**Rhône-Alpes Création** VC firm **4** rounds together](https://millionrounds.com/fund/rhone-alpes-creation)[**Gimv** Private equity **3** rounds together](https://millionrounds.com/fund/gimv)[**I-Source Gestion** VC firm **3** rounds together](https://millionrounds.com/fund/sofimac-innovation)[**Calao Finance** VC firm **2** rounds together](https://millionrounds.com/fund/calao-finance)[**CapDecisif Management** VC firm **2** rounds together](https://millionrounds.com/fund/capdecisif-management)[**EuroUS Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/eurous-ventures)[**GGV Capital** VC firm **2** rounds together](https://millionrounds.com/fund/ggv-capital)[**Innovacom** VC firm **2** rounds together](https://millionrounds.com/fund/innovacom)[**LC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/lc-capital)[**Partech Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/partech)[**Pond Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/pond-ventures)

## Quick answers about Siparex

### What does Siparex invest in?

Siparex invests most often at Venture and Series B (72% of the rounds on record), in sectors such as Energy and Nuclear.

### How active is Siparex?

26 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2019.

### What has Siparex invested in recently?

Its most recent investments on record: Herow (Series B, Oct 2019) and Implicity (Undisclosed round, Mar 2019).

### How big are Siparex's cheques?

The median round it joins is $12M.

### Does Siparex lead rounds?

Rarely, if at all: none of its 26 investments on record names it as the lead.

### Where does Siparex invest?

Most of the companies it backs are in France (92%).

### Is Siparex investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### Who does Siparex invest alongside?

Most often Franche-Comté PME Gestion (4 rounds together), Rhône-Alpes Création (4 rounds together) and Gimv (3 rounds together).

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