Bpifrance Large Venture
Investor profile | Builders Republic
About
Large Venture is the "Growth Equity" arm of Bpifrance (the French Public Investment Bank). Created in 2013 to fix the "funding gap" in the French ecosystem, it was the first major player capable of writing massive checks to support scale-ups through their hyper-growth phase. It operates with a "Sovereign Market Maker" philosophy: it acts like a private VC (seeking profitability and performance) but with "Patient Capital" (long-term horizon). It is designed to anchor future industrial and tech champions in France, preventing them from being bought out too early by foreign competitors.
Key facts
- Type
- Public Fund / Sovereign Wealth Fund
- Stages
- Series B,Growth
- Sectors
- Biotech,Climate / Cleantech / Greentech,Agnostic,Software / SaaS
- Headquarters
- France
- Offices
- Paris
- Geographic focus
- France
- Lead / Follow
- Lead / co-lead
- Ticket size
- 10M€ – 50M€
- Assets under management
- 2500M€
- Founded
- 2013
Track record
- Portfolio companies: 63
- Total investments: 128
- Exits: 11
- Unicorns: 8
Notable investments in France
Doctolib, Swile, Exotec, Contentsquare, ManoMano, Vestiaire Collective, Payfit
Key differentiators
Multi-stage,Evergreen,Public funds