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Bpifrance: A French development bank with a global reach, supporting African startups with: - Grant and Debt Financing - Focus on early-stage and growth-oriented companies - Notable portfolio companies include Expensya, Susu, and Asilimia - Unique in providing tailored support and expertise to African entrepreneurs

Bpifrance's Latest news
Guerbet obtains one million euros of public funding from Bpifrance (France 2030 investment plan) for a project developing artificial intelligence for the early detection of pancreatic cancer - GlobeNewswire

Ardian, Groupe Casino, Tikehau Capital and Bpifrance to Sign an Agreement for Adrián to Acquire a Majority Stake in GreenYellow - Business Wire

Ardian, Groupe Casino, Tikehau Capital and Bpifrance to Sign an Agreement for Adrián to Acquire a Majority Stake in GreenYellow - businesswire.com

Osivax Secures EUR 10M Grant from Bpifrance to Support Clinical Development of OVX836, a Broad-Spectrum Influenza Vaccine - businesswire.com

Osivax Secures EUR 10M Grant from Bpifrance to Support Clinical Development of OVX836, a Broad-Spectrum Influenza Vaccine - Business Wire

QC Ware Awarded a $1.5 Million Project in Deeptech Development Funding from Bpifrance to Create a Quantum Computing Software Ecosystem in Europe - PR Newswire

UAE's Mubadala, Bpifrance commit extra $4.5bn to co-investment partnership - ArabianBusiness

MedinCell Receives €4 Million in Funding from Bpifrance and within the Framework of the French Recovery Plan (Plan France Relance) - Business Wire

Seabury Securities Advises Andera Partners and Bpifrance in Acquisition of MC2 Technologies - Business Wire

Bpifrance and the Islamic Corporation for the Development of the Private Sector (ICD) are committed to strengthening support for entrepreneurs in French-speaking member countries - ZAWYA

Bpifrance's Investment activity in Africa

With over $13.7M invested in African startups, their latest investment was a Seed round in JOBO Interim, announced on December 18th, 2024, closing at $2M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Pre-seed
Kumulus Water
TunisiaSep 28, 2022Undisclosed
Debt Financing
Koolboks
NigeriaAug 27, 2025Undisclosed
Grant
Eversend
UgandaAug 30, 2017$ 64,200
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Bpifrance's Investment Distribution in Africa.

Bpifrance's currently has Startuup investments spread across the following location(s)

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