2024, an enlightenment year !
We have chosen a Mandala by Natalia Schäfer* to present our wishes for 2024 and to illustrate our challenge of placing life and the circularity of resources at the heart of our financing missions.
Supporting projects that place impact at the heart of strategic decision-making is the approach we wish to apply in our missions to serve an ecological economy. This Mandala represents the holistic approach needed to achieve our mission and to consider impact agents in our financing operations.
Finpact team hopes that you will find as well some light in reading our wishes and wish you all the best for 2024.
*Natalia Schäfer is a German-based artist whose paintings have been exhibited nationally, as well as in the United States, England, Switzerland, Italy, Monaco, the United Arab Emirates and Spain. Through her works, Schäfer strives to give her viewers a brief respite, celebrating the beauty of life.
Enlightenment (Napoli) mandala
Natalia Schäfer, Germany, 2021
Tri'n'Collect raises €5M
TRI'N'COLLECT RAISES €5M TO CONSOLIDATE ITS POSITION IN INNOVATIVE CONSTRUCTION WASTE MANAGEMENT
Since it was set up 4 years ago, Tri'n'Collect has been revolutionising the management of construction site waste through source separation and the circular economy.
The environmental challenge posed by building site waste is urgent and pressing: there is no Planet B. Some buildings produce 100kg of waste per square metre built! With 46 million tonnes of construction waste generated every year, Tri'n'Collect is the solution that transforms this waste into tomorrow's resources. Materials such as gravel, wood, plaster, glass, plastic and metals can be recycled, some of them endlessly, offering a virtuous alternative that reduces the exploitation of natural resources and the burying of waste.
Under the new AGEC law, every player in the construction industry is responsible for the waste they generate: to stop having waste mixed up in skips, Tri'n'Collect's solutions support all construction professionals by sorting waste at source on site, reducing the amount of waste thrown away and not recovered, and increasing its reuse or recycling.
Financing an ambitious plan to develop new models and optimise waste recovery
"The renewed commitment of our historic investors and the arrival of the Banque des Territoires (in its own name, as part of its investment activity dedicated to waste) is a strong signal for our team and our customers. This fundraising, which welcomes new shareholders, will enable us to accelerate our development and strengthen our position as a major player in the circular economy," says Quentin Charoy, Chairman of Tri'n'Collect.
These funds will enable Tri'n'Collect to support a bold development plan. Tri'n'Collect is accelerating its go-to-market in the selective dismantling and rehabilitation markets and is extending its activities to the Ile de France and Hauts de France regions. This geographical expansion is accompanied by the introduction of a new agency model, integrated into an ecosystem of players in the circular economy, with the aim of maximising synergies and collaboration.
The second objective focuses on improving recycling processes, which are at the heart of operations, in order to maximise the positive impact of the sorting station. Tri'n'Collect is fully aligned with the regulatory requirements of the AGEC law, positioning itself as a key player in the context of Extended Producer Responsibility (EPR) and the circular economy.
Earthwake enterprise raises €2.2M
EARTHWAKE ENTREPRISE RAISES €2.2M TO MEET THE CHALLENGE OF RECYCLING PLASTIC WASTE
Founded in 2020 by Samuel Le Bihan and François Danel, Earthwake Entreprise is developing an innovative pyrolysis solution for recovering plastic waste that is difficult to recycle. This young start-up has just raised €1.4m from investment funds and is also the winner of the I-NOV competition, with €826,000 in grants. Earthwake Entreprise will thus be able to finance the next stages of its development and recruit new skills to complete its teams.
Funding to match its ambitions
By 2027, Earthwake Entreprise aims to become an established global player in the chemical recovery of plastic waste. The stakes are unprecedented: if demand for plastics continues on its current trajectory, the volume of waste will treble in the coming years, while only 16% of plastics are recycled worldwide.
Thanks to its patented technology, Earthwake Entreprise offers a greener alternative to landfill and incineration. The Chrysalis ®[1] equipment tackles the challenge of plastic waste that is currently little or not recycled at all. Two recovery routes are then possible: a raw material for the petrochemical industry to produce virgin plastic, or a fuel with a reduced carbon footprint for the transport sector.
Well-known investors to take part in development by 2023
In 2022, Earthwake Entreprise will be welcoming new investors alongside its historic banking partners BPI and Banque Populaire Méditerranée. Several family offices, the WISEED investment fund, the Rothschild & Co Foundation, Creazur - the innovation venture capital fund of the Caisse Régionale du Crédit Agricole Provence Côte d'Azur, and the fund of a world leader in maritime freight, CMA-CGM, are joining Earthwake Entreprise's capital.
In addition, Earthwake Entreprise is one of 53 winners of the BPI's I-NOV innovation competition, receiving €826,000.
This €2.2m investment will be used to :
- Certify and market the Chrysalis® equipment,
- Recruit new skills, particularly in sales,
- Finance working capital requirements for initial sales.
Earthwake Entreprise was advised throughout this first round of financing by FINPACT, a financing strategy consultancy specialising in asset refinancing operations for innovative companies responding to the challenges of transition.
[1] An explanatory video is available at the following address: https://www.youtube.com/watch?v=lQ8_mI5plXo&t=1s
The white paper "Régénérer" by Open Lande
The FINPACT team is pleased to have supported the production of the Open Lande - Entreprises et territoires white paper on the regenerative economy. Supporting entrepreneurs who work for the health of our planet and its inhabitants is the genesis of FINPACT. We seek to amplify our links with the economic, associative and political actors to make emerge ambitious projects of regeneration, with the height of the stakes!
https://openlande.co/regenerate-livre-blanc/
Iktos announces closing of €15.5M in Series A round
Iktos raises € 15.5m Series A round to expand its artificial intelligence-based drug discovery technologies and solutions.
This financing will enable the company to further develop its AI and drug discovery capabilities and expand its existing SaaS software offering, in addition to launching Iktos Robotics; a unique, end-to-end, drug discovery platform which combines artificial intelligence and automation of chemical synthesis to significantly accelerate drug discovery timelines. Within the financing Iktos will additionally extend the application of its solutions to biological products (peptides, antibodies, etc.). This allows Iktos to be one of the first companies to offer fully integrated drug discovery services to the pharmaceutical industry.
2023, a regenerative year!
The FINPACT team wishes you a regenerative year!
We wish, in 2023, to mobilize our stakeholders on the need to put the economy at the service of life ... And let's hope, of course, that projects that respect and restore ecosystems can be funded and accelerated.
Increase the size, health and resilience of natural systems!
We know that entrepreneurs are able to rethink their development or to think of new models in order to be part of a regenerative economy and thus attempt, in extremis, to guarantee acceptable living conditions for our next decades.
To illustrate this wish, this year we have chosen to support a committed Spanish artist: Elena Barón and to highlight her work: "naturaleza compromitida" which could be translated as: "Committed Nature".
On the one hand, this means that Nature is in danger, at risk, in an urgent situation. On the other hand and from a sociological point of view, it means a commitment, that a responsibility is acquired, that it participates actively in its conservation.
The work recreates an organic abstract landscape, as well as an artificial ecosystem. It could be a plant world full of life, green and golden, resplendent. However, it is created with recycled inorganic waste, lifeless matter, which is in itself a form of contradiction that should challenge us.
GREEN IMPULSE - Fundraising
Angers, September 22, 2022 - Accompanied by Finpact, Green Impulse, the specialist in biocontrol synergies for plant protection, is closing a €5 million fundraising from the Ecotechnologies 2 Fund, managed on behalf of the French government by Bpifrance as part of France 2030, Go Capital, Pays de la Loire Développement and the participatory financing platform GwenneG. This operation aims to structure its development and R&D.
Finding sustainable solutions for plant protection.
Green Impulse, created in 2019 in Angers, develops and markets sustainable alternatives to conventional fungicides. The start-up's challenge is to actively participate in the change of an agricultural model that today must reduce its ecological impact and ensure consumer health. It offers sustainable solutions called "Biocontrol", i.e. related to plant protection, and bio-stimulation, which can be used in organic farming.
A new family of antifungals based on a unique and promising technology.
ARPIs for "Adaptative Response Pathways Inhibitors" is the name given by Green Impulse to this new family of antifungal molecules that it intends to develop for crop protection. Apple scab, downy mildew in grapes and septoria in cereals are the plant diseases targeted by this promising technology.
