Tech Company Financing Transactions
BeFC Funding Round
BNP Paribas Développement, Demeter Capital and Otium Capital participated in a $17.2 million Series A capital raise for BeFC. The round was announced on 6/8/2023.
Transaction Overview
Company Name
Announced On
6/8/2023
Transaction Type
Venture Equity
Amount
$17,206,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to boost customer engagement and target new market segments within their scope of performance and long-term interest. With an established team of 45, and the objective of deploying the technology internationally to North America and Asia, BeFC will further enhance the team with experienced industry innovators.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Bâtiment Nanobio 570 rue de la Chimie, Gieres
Grenoble, 38610
FR
Grenoble, 38610
FR
Phone
Undisclosed
Website
Email Address
Overview
BeFC is committed to providing an eco-friendly energy solution to enable the next generation of low-environmental impact electronic solutions. Our company was created in May 2020 as a spin-off of the CNRS. BeFC was founded on decades of pioneering biofuel cell research, pivoted towards emerging markets in the packaging, wearable and single-use medical markets. With a team of world class engineers, scientists, and problem-solvers, BeFC develops an organic and eco-friendly energy solution for the next generation of smart and sustainable electronics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jules Hammond
Chief Operating Officer
Jean Bloch
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