Where is INCO's headquarters located?

INCO's headquarters is located in Paris (France).

How big is INCO's investment team?

INCO has a team of 20, including 8 partners.

How many companies has INCO invested in?

INCO has invested in 95 companies, including Phenix & RogerVoice.

Which companies has INCO invested in lately?

Axomove & MindDay are the latest investments by INCO.

How many exits has INCO been involved in?

INCO's portfolio has seen 3 acquisitions.

INCO - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Phenix

Provider of food waste management software solutions for businesses. It connects generators and collectors of second-life items. It allows waste generators, companies, and industries that want to sell off their old items, to connect to agencies that wish to buy these items. These include recycling companies, NGOs, and more.

Key facts about Phenix

Founded Year: 2014
Location: Paris (France)
Stage: Series B
Total Funding till date: $32.7M
Employee Count: 573 as on Sep 30, 2026
Investors: ETF Partners, Danone Manifesto Ventures and 16 Others
Latest Funding Round: Series B, Sep 24, 2022, $*****
Highlight: Editors' Pick

2. RogerVoice

Call assistance for individuals suffering from speech and hearing impairment. Their speech-to-text transcription service works with any network and any phone line. Phone call transcriptions using this technology can be copied, archived, searched, and retrieved. With the help of text to speak features individuals with speaking disabilities can also convey the message.

Key facts about RogerVoice

Founded Year: 2013
Location: Paris (France)
Stage: Seed
Total Funding till date: $1M
Employee Count: 52 as on Sep 30, 2026
Investors: Kickstarter, Social Capital and 5 Others
Latest Funding Round: Seed, Jan 21, 2016, $*****

3. MindDay

Provider of therapy sessions and exercises for mental health conditions. The company offers a self-therapy app that offers programs, activities, content, and tools, as well as access to certified professionals. It provides video sessions and writing exercises for a range of problems including depression, anxiety disorders, alcohol and drug use problems,

Key facts about MindDay

Founded Year: 2021
Location: Paris (France)
Stage: Seed
Total Funding till date: $2.31M
Employee Count: 19 as on Sep 30, 2026
Investors: INCO, XAnge and 4 Others
Latest Funding Round: Seed, Mar 24, 2026, $*****

4. LITA

Lita.co is an equity crowdfunding platform for making impact investments in companies seeking social, environmental or other positive changes. Users can invest little as €100 and earn equity in the company in return for the investment. Has helped companies raise €8.5M till date as of Feb'18.

Key facts about LITA

Founded Year: 2014
Location: Paris (France)
Stage: Seed
Total Funding till date: $2.61M
Employee Count: 96 as on Sep 30, 2026
Investors: INCO, Lucky 12 and 4 Others
Latest Funding Round: Seed, May 09, 2018, $*****
Highlight: Editors' Pick

5. Klaxit

App-based P2P carpooling platform. Users can provide their regular travel schedules and other relevant details. The platform provides available carpools for the location with a minimum detour. Users can select and book the required carpool. The app also automatically calculates the cost of the trips and splits it among the users. Their app is available for Android and iOS devices.

Key facts about Klaxit

Founded Year: 2012
Location: Paris (France)
Stage: Acquired
Total Funding till date: $3.7M
Employee Count: 58 as on Sep 30, 2026
Investors: RATP, Sodexo Ventures and 6 Others
Latest Funding Round: Series A, Feb 07, 2018, $*****
Highlight: Acquired

View the full list of portfolio companies

INCO has invested in 95 companies over the last 9 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in Axomove and most recent follow-on round was in Phenix.

Here are INCO's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	2	0	2
2025	1	0	1
2024	2	0	2
2023	2	0	2
2022	4	1	5
2021	0	0	0
2020	1	0	1
2019	1	0	1
2018	2	0	2
2017	1	0	1

View all investments by INCO

INCO has made 8 investments in Series A stage with an average round size of $4.48M, 5 investments in Series B stage with an average round size of $11.1M and 3 investments in Seed stage with an average round size of $2.62M.

Here are INCO's investments by stage:

Stage of entry	No. of Investments
Series A	8
Series B	5
Seed	3

Note: We have considered here, only first round of investments

View all investments by INCO

INCO has a diverse portfolio, with companies operating in the Consumer, Environment Tech, Sustainability Tech, Enterprise Applications and FinTech. Notably, it has invested in 34 Tech companies, 29 Consumer (B2C) companies, 22 Enterprise (B2B) companies and at least 12 companies focusing on Software.

Here are INCO's investments by sector:

Sector	No. of Investments
Consumer	4
Environment Tech	4
Sustainability Tech	4
Enterprise Applications	3
FinTech	3
Others	20

Note: We have considered here, only first round of investments

View all investments by INCO

INCO has made most investments in France (15), followed by Netherlands where it has made 1 investment.

Here are INCO's investments by geography:

Country	No. of Investments
France	15
Netherlands	1

Note: We have considered here, only first round of investments

View all investments by INCO

INCO has made 2 investments in 2026 so far - Axomove and MindDay.

Here are the most recent investments by INCO:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Apr 27, 2026	Axomove	France	Series A	9298	Bpifrance [+2]
Mar 24, 2026	MindDay	France	Seed	3018	Impactivist [+1]
Dec 03, 2025	Ecair	France	Series B	9327	Planet A [+7]
Oct 25, 2024	GreenGo	France	Series A	1778	4 ventures [+1]
Jan 15, 2024	Vulkam	France	Series B	7822	Bpifrance [+2]

See more recent investments made by INCO

3 companies from INCO's portfolio have been acquired. The most recent acquisition was Klaxit in Mar 2023 by BlaBlaCar for $*****.

Here are INCO's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Klaxit	Mar 16, 2023	Feb 07, 2018	Series A	1556
Groupe Scopelec	Jan 02, 2023	-	-	6878
upOwa	Nov 24, 2021	-	-	4808

View all acquired companies in INCO's portfolio

INCO has a team of 20 members including 8 Partners and 6 Principals located in France, United States and 3 more locations. INCO's team does not sit on the board of any company as of now.

Here is a list of top team members in INCO:

Name	Designation	Location	Board Memberships	Contact Details
Nicolas Hazard	Partner	San Francisco	-	1 Email
Amina Sabeur	Partner	Paris	-	-
Mawuena Tendar	Partner	New York City	-	-
Alice Carle	Partner	Paris	-	1 Email
Brain	Partner	-	-	-
Benjamin Rosso	Partner	France	-	-
Victor De Chazeron	Partner	France	-	1 Email
Yassine Bakir	Partner	Morocco	-	-
Guilhem Pradalie	Principal	Paris	-	1 Email
Marion Larrieu	Principal	France	-	-
Pierre-Elie Boiton	Principal	Paris	-	1 Email

View team details of INCO

Over the past 9 years, 84 investors have co-invested in INCO's portfolio companies. This includes funds and angels.

Invested before INCO: BNP Paribas Developpement, ETF Partners and 30 others have invested in rounds before INCO. There are 2 companies where BNP Paribas Developpement has invested before INCO and 1 company where ETF Partners has invested before INCO.
Top Co-investors of INCO: 47 investors entered a company along with INCO. These include investors like Bpifrance (3 companies).
Invested after INCO: A total of 5 investors have invested in INCO's portfolio after their investments. Top Investors include Europa (2 companies) and BNP Paribas Asset Management (1 company).