Skip to content
Angel NetworkAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 8 SOURCES

Bretagne Sud Angels

Also known as BSA

Business-angel association of the Morbihan (Vannes), active since 2009; about 45 members investing from €100k per deal, as minority co-investors, in Breton startups.

HEADQUARTERS
Vannes, France
FOUNDED
2009
AUM
—
OUTSIDE CAPITAL
—
TEAM LISTED
5 people

FOCUS

STAGES
SeedSeries A
SECTORS
Consumer & E-commerceFood & AgricultureMobility & Logistics
ASSET MIX
Venture capital
GEOGRAPHY
France

WHAT IT IS

Angel Network. Individuals investing their own money, organised as a syndicate or club.

ABOUT

Bretagne Sud Angels is a business-angel association based in Vannes, active since 2009 and a member of Breizh Angels and France Angels. Its about 45 members, mostly entrepreneurs and senior executives, invest their own wealth in unlisted innovative companies of the Morbihan and wider Brittany at seed or development stage, after monthly pitch sessions. It invests from €100k per company in rounds of €200k–€3M, always as a minority co-investor, and states €9M invested in 70 companies. Companies backed include Sailiz, Lyophilise & Co, Veloc’Ouest and Kingoland.

INVESTMENT THESIS

Unlisted innovative companies in the Morbihan and Brittany at seed or co-development stage; rounds of €200k–€3M, BSA investing from €100k, always minority and alongside co-investors; members target 2–5x within about five years.

PORTFOLIO (5)

  • Sailiz
    Consumer & E-commerce · since 2026
  • Lyophilise & Co
    Food & Agriculture
  • Veloc’Ouest
    Mobility & Logistics · Exited (2022)
  • Kingoland
    Consumer & E-commerce · Exited (2018)
  • Piano Barge
    Consumer & E-commerce

TEAM

  • Franck Lecoq
    President · source
  • Pierre Roudaut
    Vice-president; director of France Angels; legal representative · source
  • Georges Fournol
    Honorary president · source
  • Maëla Le Bihan
    Vice-president · source
  • Benoît Meheut
    Treasurer · source

LINKS

FAQ

Bretagne Sud Angels is a angel network based in Vannes, France, founded in 2009.

Yes. Bretagne Sud Angels invests directly in private companies.

Bretagne Sud Angels invests at Seed and Series A stages in Consumer & E-commerce, Food & Agriculture and Mobility & Logistics.

Key people at Bretagne Sud Angels include Franck Lecoq (President), Pierre Roudaut (Vice-president; director of France Angels; legal representative), Georges Fournol (Honorary president) and Maëla Le Bihan (Vice-president).

Bretagne Sud Angels's investments include Sailiz, Lyophilise & Co, Veloc’Ouest, Kingoland and Piano Barge.

The most recent publicly reported investment by Bretagne Sud Angels is Sailiz (€200k first round with private investors), announced in Feb 2026.

Bretagne Sud Angels states that it accepts submissions through its official contact page.