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Government-backed FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 11 SOURCES

Région Sud Investissement

Regional co-investment company wholly owned by Région Sud Provence-Alpes-Côte d'Azur

Also known as RSI, PACA Investissement, SAS Provence-Alpes-Côte d'Azur Investissements

Investment company of the Région Sud (PACA), co-financed by the Region and ERDF; co-invests €150k–€2M in equity or quasi-equity in regional SMEs, pari passu with private investors.

HEADQUARTERS
Marseille, France
FOUNDED
2009
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
7 people

Focus

STAGES
SeedSeries AGrowth
ASSET MIX
Direct investmentsVenture capital
GEOGRAPHY
France

Overview

Région Sud Investissement (RSI) is a private-law SAS whose sole shareholder is the Région Sud Provence-Alpes-Côte d’Azur, co-financed by the Region and the European Regional Development Fund (FEDER). It invests in equity or quasi-equity in regional SMEs from seed to development capital, always as a co-investor on the same terms as private investors. It states it has backed more than 415 companies and worked with more than 200 co-investors. It was launched in 2011 as “SAS Provence-Alpes-Côte d’Azur investissements” with €15.45M of public capital, including €6M from FEDER.

Investment thesis

Co-invest pari passu with private investors in regional SMEs at seed, venture and development stages, where private funding is insufficient, with priority to the Region’s strategic sectors (OIR): naturalité, smart tech, industry of the future, energy, maritime economy, defence/security, innovative therapies, tourism and creative industries, silver economy; projects must have a positive or neutral climate impact.

PORTFOLIO (8)

  • Cosma
    Deep Tech · since 2026
  • ANA Healthcare
    HealthTech
  • Provepharm
    Biotech & Life Sciences
  • Basil
    Food & Agriculture
  • Agriodor
    Food & Agriculture
  • Biotech One
    Deep Tech
  • K-Motors
    Mobility & Logistics
  • Rofim
    HealthTech

People

  • Alain Lacroix
    Chairman (Président) · source
  • Pierre Joubert
    Managing Director (Directeur Général) · source
  • Sabine-Marie Maffei
    Head of Finance, FEDER Funds & Communication · source
  • Jean-Philippe Rebuttini
    Head of Administration, Finance and General Secretariat · source
  • Marie-Stéphane de Cérou
    Investment Manager · source
  • Benjamin Bessac
    Investment Manager · source
  • Chloé Isambard
    Investment Manager · source

Links

Frequently asked questions

Région Sud Investissement is a government-backed fund based in Marseille, France, founded in 2009.

Yes. Région Sud Investissement invests its own capital in private companies.

Région Sud Investissement invests at Seed, Series A and Growth stages in Deep Tech, HealthTech, Industrial & Manufacturing, Climate & Energy, Food & Agriculture and Software & SaaS.

Région Sud Investissement's stated ticket size is €150K–€2M.

Key people at Région Sud Investissement include Alain Lacroix (Chairman (Président)), Pierre Joubert (Managing Director (Directeur Général)), Sabine-Marie Maffei (Head of Finance, FEDER Funds & Communication) and Jean-Philippe Rebuttini (Head of Administration, Finance and General Secretariat).

Région Sud Investissement's investments include Cosma, ANA Healthcare, Provepharm, Basil, Agriodor, Biotech One, K-Motors and Rofim.

The most recent publicly reported investment by Région Sud Investissement is Cosma (€2.05M extension (new investor alongside Ring Capital and Sustainable Ocean Alliance)), announced in Sep 2026.

No. Région Sud Investissement invests its own capital and does not raise money from outside investors.