C2AD (Crédit Agricole Alpes Développement)

Part of Groupe Crédit Agricole (Caisse régionale)

About

C2AD (Crédit Agricole Alpes Développement) is the private equity arm of Crédit Agricole des Savoie and Crédit Agricole Sud Rhône Alpes, founded in 2009 and based in Grenoble and Annecy. With over €130M in assets under management, C2AD manages three regional funds: CADS Capital, CADS Développement, and CASRA Capital, with a co-investment mechanism between the two regional banks. The scope is strictly defined: the Alpine Arc, covering five departments (Ardèche, Drôme, Isère, Savoie, Haute-Savoie). C2AD operates across the entire capital chain: creation-innovation, development, transmission, and shareholder restructuring, without a fixed sectoral thesis. The team, originating from the two regional banks, is intimately familiar with the local economic fabric. For an Alpine startup or SME seeking an investor rooted in its territory, C2AD is often the natural first-round partner, with the legitimacy and network of a regional banking player.

Key facts

Type: Private Equity
Stages: Seed,Series A,Buyout
Sectors: Agnostic, B2B, B2C, Consumer, Business management software, Marketplace, Software/SaaS, Vertical SaaS, Advertising/Media, Agritech, AI & Automation, Beauty/Fashion, Blockchain/Crypto, Data & Infrastructure, Cyber & Security, Defense, Education, Energy, Fintech & Insurtech, Foodtech, Gaming, Hospitality/Tourism/Travel, Future of work/HR, Industry & Manufacturing, Legaltech/Regtech, Logistics/Supply chain, Martech, Mobility & Transportation, Proptech/Construction, Retail/Future of Commerce, Digital health, Deeptech, Biotech
Headquarters: France
Offices: Grenoble, Annecy
Geographic focus: France

Track record

Portfolio companies: 91
Total investments: 159
Exits: 19

Notable investments

Finkey, Morphosense, Hey Pongo

Website

Funds by stage

Other funds investing at the same stages, list by list.

Funds by sector

The funds investing in each sector, based on their rounds over the last 36 months.