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Government-backed FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 5 SOURCES

Pays de la Loire Participations

Regional investment fund wholly owned and funded by the Pays de la Loire Region Région Pays de la Loire

Also known as PLP, Fonds IDEE

Investment fund of the Pays de la Loire Region (sole shareholder) created in 2011; co-invests €50k–800k pari passu with private investors in regional SMEs and commits to regional funds.

HEADQUARTERS
Nantes, France
FOUNDED
2011
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
2 people

Focus

STAGES
SeedSeries AGrowthBuyout
SECTORS
Software & SaaSHealthTechIndustrial & ManufacturingClimate & EnergyConsumer & E-commerce
ASSET MIX
Venture capitalDirect investmentsFunds (as LP)
GEOGRAPHY
France

Investment arms & vehicles

  • Pays de la Loire Relance (PLR)
    Fund set up by the Region through PLP with regional banks (Crédit Agricole, Crédit Mutuel, Caisse d’Épargne, Banque Populaire Grand Ouest, CIC Ouest); invests equity or quasi-equity matching the bank loan granted to a company; PLP is majority shareholder

Overview

Pays de la Loire Participations (formerly fonds IDEE) was created in 2011 and groups all equity interventions of the Pays de la Loire Region, its sole shareholder. It co-invests directly, always pari passu with a private investor, in startups and SMEs of the region from seed to development and, since 2022, buyouts and transmissions, and it invests in funds the Region has chosen to back. By June 2025 it had invested €28.5M directly in 112 companies since 2011. It is the majority shareholder of the Pays de la Loire Relance fund set up with regional banks.

PORTFOLIO (13)

  • Largo
  • Smala
  • EnerDigit
  • Xenothera
  • Beem
  • Shopopop
  • Izi Family
  • Kiwatch
    Software & SaaS · since 2017
  • Naoden
    Climate & Energy · since 2017
  • Directo Santé
    HealthTech · since 2017
  • Go Capital Amorçage 1, 2 and 3 (fund commitments)
  • Pays de la Loire Croissance 1 and 2 (fund commitments)
  • Pays de la Loire Développement (fund commitment)

People

  • Anne Blanche
    Managing Director (Directrice générale), appointed 2024 · source
  • Philippe Besnier
    Chairman · source

Frequently asked questions

Pays de la Loire Participations is a government-backed fund based in Nantes, France, founded in 2011.

Yes. Pays de la Loire Participations invests its own capital in private companies. It also commits capital to third-party funds as an LP.

Pays de la Loire Participations invests at Seed, Series A, Growth and Buyout stages in Software & SaaS, HealthTech, Industrial & Manufacturing, Climate & Energy and Consumer & E-commerce.

Pays de la Loire Participations's stated ticket size is €50K–€800K.

Key people at Pays de la Loire Participations include Anne Blanche (Managing Director (Directrice générale), appointed 2024) and Philippe Besnier (Chairman).

Pays de la Loire Participations's investments include Largo, Smala, EnerDigit, Xenothera, Beem, Shopopop, Izi Family and Kiwatch, among others.

No. Pays de la Loire Participations invests its own capital and does not raise money from outside investors.