# Bpifrance's Chemicals & Materials Investments: 11 Startups in Its Portfolio (2026)

> The 11 Chemicals & Materials startups Bpifrance has backed, by stage: $96M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/bpifrance-chemicals-materials-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Pre-seed and seed

4

- [Eclore](https://millionrounds.com/company/eclore)
- [Anodine](https://millionrounds.com/company/anodine)
- [Optikan](https://millionrounds.com/company/optikan)
- [Ypso-Facto](https://millionrounds.com/company/ypso-facto)

## Stage not reported

4

- [KHIMOD](https://millionrounds.com/company/khimod)
- [Lactips](https://millionrounds.com/company/lactips)
- [MECAWARE](https://millionrounds.com/company/mecaware)
- [Authentic Material](https://millionrounds.com/company/authentic-material)

## Series A

3

- [Keey Aerogel](https://millionrounds.com/company/keey-aerogel)
- [Faircraft](https://millionrounds.com/company/faircraft)
- [Olikrom](https://millionrounds.com/company/olikrom)

## Segment by segment

### Pre-seed and seed

4 startups · $8.0M raised

- [**Eclore**](https://millionrounds.com/company/eclore) Eclore, also known as Eclore Actuators, is a French deeptech startup founded in 2019 in Nantes. France $3.6M
- [**Anodine**](https://millionrounds.com/company/anodine) Anodine is a French deep-tech startup based in Grenoble, founded in 2024. France $2.9M
- [**Optikan**](https://millionrounds.com/company/optikan) Optikan is a French deep-tech startup based in Blanquefort, Bordeaux, founded in 2021. France $905K
- [**Ypso-Facto**](https://millionrounds.com/company/ypso-facto) Ypso-Facto is a French B2B service and software company based in Nancy, founded in 2014. Luxembourg $584K

### Stage not reported

4 startups · $49M raised

- [**KHIMOD**](https://millionrounds.com/company/khimod) KHIMOD is a French climate-tech company and a subsidiary of the ALCEN group. France $27M
- [**Lactips**](https://millionrounds.com/company/lactips) LACTIPS is a French biotechnology company founded in 2014, based in Saint-Paul-en-Jarez. France $17M
- [**MECAWARE**](https://millionrounds.com/company/mecaware) MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle. France $3.0M
- [**Authentic Material**](https://millionrounds.com/company/authentic-material) Authentic Material is a French designer and manufacturer based in Toulouse, established in 2016. France $1.7M

### Series A

3 startups · $40M raised

- [**Keey Aerogel**](https://millionrounds.com/company/keey-aerogel) Keey Aerogel is a French nanotechnology company founded in 2015 by Francisco Ruiz. France $19M
- [**Faircraft**](https://millionrounds.com/company/faircraft) Faircraft is a biotechnology startup based in Paris, founded in 2021. France $16M
- [**Olikrom**](https://millionrounds.com/company/olikrom) OliKrom is a French deep-tech company founded in 2014, specializing in color intelligence and smart color-change materials. France $5.3M

**How this map is made.** Every startup here works in Chemicals & Materials and has raised money in a round we track that names Bpifrance as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Bpifrance's AI portfolio** 99 startups · $11B](https://millionrounds.com/portfolio-maps/bpifrance-ai-portfolio)[Sector portfolio **Bpifrance's Biotech portfolio** 93 startups · $3.4B](https://millionrounds.com/portfolio-maps/bpifrance-biotech-portfolio)[Sector portfolio **Bpifrance's Healthtech portfolio** 46 startups · $1.5B](https://millionrounds.com/portfolio-maps/bpifrance-healthtech-portfolio)[Sector portfolio **Bpifrance's Fintech portfolio** 39 startups · $1.5B](https://millionrounds.com/portfolio-maps/bpifrance-fintech-portfolio)[Sector portfolio **Bpifrance's IT Services portfolio** 31 startups · $51M](https://millionrounds.com/portfolio-maps/bpifrance-it-services-portfolio)[Sector portfolio **Bpifrance's Agtech portfolio** 30 startups · $429M](https://millionrounds.com/portfolio-maps/bpifrance-agtech-portfolio)

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