Bpifrance
Bpifrance is the French state investment bank and a cornerstone of the French AI ecosystem. It invested in Mistral AI's Series B and Series C and in H's $220M seed round, and it backs French AI startups from seed through growth through its own funds and fund-of-funds program.
Investing activity
Bpifrance appears in 5 AI deals tracked by the AI Lounge deals desk, rounds totalling $2.86B, and led 1 of them. The rounds are mostly Seed, Pre-seed and Series C, with a median round size of $220M and the largest at $2B. The most recent are Ed.ai (Seed, €5M, Sep 2026), Omniscient (Pre-seed, $4.1M, Apr 2026) and Mistral AI (Series C, $2B, Sep 2025).
Bpifrance most often invests alongside General Catalyst, Lightspeed Venture Partners, Nvidia and Andreessen Horowitz, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Bpifrance
What AI companies has Bpifrance invested in?
Bpifrance's AI investments include Ed.ai, Omniscient, Mistral AI and H Company. The 5 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Bpifrance based?
Bpifrance is based in Paris, Ile-de-France, France.
What stage does Bpifrance invest at?
In the rounds tracked on AI Lounge, Bpifrance has invested at Seed, Pre-seed, Series C and Series B, with a median round of $220M. Bpifrance led 1 of those rounds.
Who does Bpifrance co-invest with?
Bpifrance's most frequent co-investors on AI Lounge are General Catalyst (2 deals), Lightspeed Venture Partners (2 deals), Nvidia (2 deals), Andreessen Horowitz (2 deals) and Eurazeo (2 deals).
How can founders reach Bpifrance?
Founders on AI Lounge can see Bpifrance's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Bpifrance to their Investor Pipeline to track the conversation.