About Normandie Participations
Normandie Participations is a venture capital firm founded in 2016. It is primarily based out of Colombelles, France. As of Apr 2026, Normandie Participations is an active investor, having invested in 20 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in France based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Seed round of Capatlas Overall, Normandie Participations portfolio has seen 1 acquisition, namely Robocath. A lot of funds co-invest with Normandie Participations, with names like Bpifrance sharing a substantial percentage of its portfolio. Normandie Participations has team of 18 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Normandie Participations' List of Top Investments
Normandie Participations has a portfolio of 20 companies. Their most notable investments are in Robocath and Robocath.Their portfolio spans across and France. They have invested in Enterprise Applications, High Tech, HealthTech and 18 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Normandie Participations:1. Robocath
Robocath developed surgical arms for physicians to conduct remote surgery for cardiovascular diseases. The surgical robot can be manipulated by the physician for minimally invasive procedures. Their R-One robot consists of two core elements, first, it provides a radiation protection screen that protects medical staff from x-rays and another is a robot and its articulated support arm.
Key facts about Robocath
- Founded Year: 2009
- Location: Rouen (France)
- Annual Revenue: €1M - €10M as on Dec 31, 2024
- Stage: Acquired
- Total Funding till date: $57.9M
- Employee Count: 58 as on Aug 31, 2026
- Investors: Sylvain Zimmer, Caisse D Epargne and 18 Others
- Latest Funding Round: Series C, Apr 29, 2020, $*****
- Highlight: Acquired
2. Yes We Hack
Provider of a global bug bounty and vulnerability management platform. It connects organizations worldwide with a pool of fully vetted ethical hackers to identify and mitigate critical vulnerabilities in their online assets. It connects organizations with tens of thousands of fully vetted ethical hackers to identify and remediate online security vulnerabilities.
Key facts about Yes We Hack
- Founded Year: 2013
- Location: Paris (France)
- Stage: Series C
- Total Funding till date: $52M
- Employee Count: 786 as on Aug 31, 2026
- Investors: Eiffel Investment Group, Seventure Partners and 9 Others
- Latest Funding Round: Series C, Jun 11, 2024, $*****
- Highlight: Editors' Pick
3. Yousign
Platform offering electronic signature software. It enables users to sign documents and agreements and manage legal bonds with its API. It allows clients to embed a signature into websites, applications, and business software. Its features include document tracking, document workflow management, user management, etc. It allows to track the signature progress in real-time and remind the users.
Key facts about Yousign
- Founded Year: 2013
- Location: Caen (France)
- Stage: Series A
- Total Funding till date: $40.3M
- Employee Count: 252 as on Aug 31, 2026
- Investors: Eiffel Investment Group, Lead Edge Capital and 9 Others
- Latest Funding Round: Series A, Jun 10, 2021, $*****
- Highlight: Editors' Pick
4. SCALINX
Manufacturer of signal converter ASICs. It offers signal conversion ASICs and IPs formed on proprietary continuous-time (CT) ΔΣ ADC architectures. Its features include broad bandwidth, linearity and noise performance using low-power multi-bit architectures, overload recovery, stability at a low over-sampling ratio, analogue pre-filtering requirement and high degree of flexibility.
Key facts about SCALINX
- Founded Year: 2015
- Location: Paris (France)
- Annual Revenue: €1M - €10M as on Dec 31, 2020
- Stage: Series C
- Total Funding till date: $49.9M
- Employee Count: 65 as on Aug 31, 2026
- Investors: BNP Paribas Developpement, Unexo and 6 Others
- Latest Funding Round: Series C, Jan 10, 2024, $*****
- Highlight: Editors' Pick
5. Sinay
Provider of AI-powered marine data tracking solutions. It provides users with AI algorithms to compute, combine and analyze performance indicators on marine data such as marine vessel position, ETA, air and water quality, aerial noise, and underwater acoustics. It also caters to the study of maritime environments and vessels.
Key facts about Sinay
- Founded Year: 2008
- Location: France
- Stage: Series A
- Total Funding till date: $7.29M
- Employee Count: 162 as on Aug 31, 2026
- Investors: Jindal Ventures, BNP Paribas and 15 Others
- Latest Funding Round: Series A, Apr 25, 2023, $*****
- Highlight: Editors' Pick
Normandie Participations' Year-on-Year Investment Trends
Normandie Participations has invested in 20 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Apr 2026, it has made 1 investment in this year. Its most recent first time investment was in Capatlas and most recent follow-on round was in SCALINX.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 0 | 1 | 1 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 2 | 1 | 3 |
2020 | 2 | 0 | 2 |
2019 | 5 | 1 | 6 |
2018 | 1 | 0 | 1 |
2017 | 5 | 0 | 5 |
Normandie Participations' Investments by Stage
Normandie Participations has made 9 investments in Series A stage with an average round size of $5.78M, 8 investments in Seed stage with an average round size of $1.58M and 2 investments in Series B stage with an average round size of $16.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 9 |
Seed | 8 |
Series B | 2 |
Note: We have considered here, only first round of investments
Normandie Participations' Investments by Sector
Normandie Participations has a diverse portfolio, with companies operating in the Enterprise Applications, Aerospace, Maritime and Defense Tech, High Tech, Consumer and Energy Tech. Notably, it has invested in 13 Tech companies, 12 Enterprise (B2B) companies, 6 Software companies and at least 6 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Aerospace, Maritime and Defense Tech | 3 |
High Tech | 3 |
Consumer | 2 |
Energy Tech | 2 |
Others | 24 |
Note: We have considered here, only first round of investments
Normandie Participations' Investments by Geography
Normandie Participations has made most investments in France (18).Normandie Participations' recent investments
Normandie Participations has made 1 investments in 2026 so far - Capatlas.Here are the most recent investments by Normandie Participations:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 17, 2026 | - | Seed | 5564 | [+1] | |
Dec 08, 2025 | France | Series A | 7975 | [+1] | |
Jan 10, 2024 | France | Series C | 2318 | [+5] | |
Sep 26, 2023 | France | Series B | 6139 | [+6] | |
Jun 02, 2023 | France | Series A | 2069 |
Acquired companies in Normandie Participations' Portfolio
1 company from Normandie Participations' portfolio has been acquired. The most recent acquisition was Robocath in Apr 2026 by Stereotaxis for $*****.Here are Normandie Participations' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 15, 2026 | May 18, 2017 | Series A | 9826 |
Team profile of Normandie Participations
Normandie Participations has a team of 18 members including 4 Principals located in France. Normandie Participations' team does not sit on the board of any company as of now.Here is a list of top team members in Normandie Participations:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Principal | Caen | - | ||
Principal | Caen | - | - | |
Principal | Caen | - | - | |
Principal | Paris | - |
Co-investors of Normandie Participations
Over the past 9 years, 79 investors have co-invested in Normandie Participations's portfolio companies. This includes funds and angels.
- Invested before Normandie Participations: Europa, GO CAPITAL and 14 others have invested in rounds before Normandie Participations. There are 4 companies where Europa has invested before Normandie Participations and 2 companies where GO CAPITAL has invested before Normandie Participations.
- Top Co-investors of Normandie Participations: 36 investors entered a company along with Normandie Participations. These include investors like Bpifrance (6 companies).
- Invested after Normandie Participations: A total of 27 investors have invested in Normandie Participations's portfolio after their investments. Top Investors include Seventure Partners (2 companies), MicroPort Orthopedics (1 company) and Zhejiang SilkRoad Fund (1 company).
Recent News related to Normandie Participations
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Veragrow Raises $5.2M to Boost Biostimulant Tech, Commercial ExpansioniGrow News•Dec 08, 2025•Odyssee Venture, CEN, Normandie Participations
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SCALINX, Leading Fabless Semiconductor in System-on-a-Chip Design, Secures €34 Million in Second Round FundingDesign-Reuse•Jan 10, 2024•SCALINX, Bpifrance, GO CAPITAL, NCI and 5 others
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OceanWings wingsail solution secures €19 million fundingPort Technology•Sep 27, 2023•Ayro, Ocean Wings, Bpifrance, Aminvest and 4 others
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Ayro Raises €19M Series B Financing RoundFinSMEs•Sep 26, 2023•Ayro, Blue Ocean Strategy, SWEN Capital Partners, Oceanzerollc and 9 others
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Data Hub: CLEYROP raises 10 million euros to deploy its European data platformFrenchWeb•Jun 02, 2023•Cleyrop, Keen Venture Partners, Credit Agricole CIB, Normandie Participations and 1 other
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Qwarry Raises Two Million EurosQwarry•Sep 05, 2021•Qwarry, Normandie Participations, Xplore, APICAP and 1 other
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Scalinx Secures €10.5M Funding RoundFinSMEs•Feb 04, 2021•SCALINX, WaterStar Capital, Another, BNP Paribas Developpement and 6 others
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Wideband Chip Designer Raises €10.5mEenewseurope•Feb 03, 2021•SCALINX, Normandie Participations, BNP Paribas Developpement, CEN and 1 other
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2 Million Euros for Qwarry and Its Cookie-free Advertising Targeting SolutionQwarry•Jan 21, 2021•Qwarry, Normandie Participations, West Web Valley, APICAP and 2 others
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Paris-based Qwarry snags €2 million to boost its cookie-free adtech solutionEU-Startups•Feb 14, 2020•Qwarry, Normandie Participations, Xplore, APICAP and 2 others
