Capital Grand Est
Also known as CAPITAL GRAND EST, CGE
Schiltigheim (Strasbourg) regional private equity manager (AMF GP-12000014, 2012) for Grand Est and Bourgogne-Franche-Comté: seed, development, buyout and rebound capital; €150k–€4M.
- HEADQUARTERS
- Schiltigheim, France
- FOUNDED
- 2012
- AUM
- €220M (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 11 people
Focus
- STAGES
- SeedSeries AGrowthBuyout
- SECTORS
- Industrial & ManufacturingBiotech & Life SciencesHealthTechSoftware & SaaSEducationConsumer & E-commerce
- ASSET MIX
- Private equityVenture capital
- GEOGRAPHY
- France
Overview
Capital Grand Est is an independent regional private equity management company authorised by the AMF in 2012, with offices in Schiltigheim and Metz. It invests €150k to €4M of equity, as minority or majority shareholder, in companies of all sectors in Grand Est and Bourgogne-Franche-Comté: seed financing for innovative start-ups, development and transmission capital for mature SMEs, and rebound capital for companies in transition. Its September 2026 release states close to €220M under management across six vehicles, 13 staff and more than 75 companies backed since 2012. Investors shown on its site include banks, insurers and mutuals, Bpifrance and the Grand Est and Bourgogne-Franche-Comté regions.
Investment thesis
Regional generalist: seed equity for start-ups from the Grand Est research base (biotech, medtech, deeptech, software) and development, transmission and rebound equity for regional industrial and service SMEs, holding 5–7 years in line with fund life.
PORTFOLIO (12)
- RealmecaIndustrial & Manufacturing · since 2026
- Lagarde MeregnaniIndustrial & Manufacturing · since 2026
- Groupe Batigesince 2026
- Percipio RoboticsDeep Tech
- Parc Sainte CroixConsumer & E-commerce
- WaterairConsumer & E-commerce · Exited
- FiralisBiotech & Life Sciences · Exited
- FizimedHealthTech
- MedsenicBiotech & Life Sciences
- SynovoExited
- EstudiaEducation · Exited
- ProximisSoftware & SaaS · Exited
People
- François LoryPrésident (du directoire) · source
- Florence CirilliDirectrice générale · source
- Jean-François RaxMembre du Directoire – Responsable de l’activité de capital amorçage · source
- Guillaume LaffineurMembre du Directoire – Responsable de l’activité de capital rebond · source
- Stéphane BeckerDirecteur associé – Développement et transmission · source
- Virginie MiathDirectrice associée – Amorçage · source
- Marc BeekenkampDirecteur de Participations · source
- Victor ChanDirecteur de Participations · source
- Amir EliasDirecteur de Participations · source
- Jérémy RichardDirecteur de Participations · source
- Guillaume JoergSecrétaire Général · source
Links
Frequently asked questions
Capital Grand Est is a private equity fund based in Schiltigheim, France, founded in 2012.
Yes. Capital Grand Est invests its own capital in private companies.
Capital Grand Est invests at Seed, Series A, Growth and Buyout stages in Industrial & Manufacturing, Biotech & Life Sciences, HealthTech, Software & SaaS, Education and Consumer & E-commerce.
Capital Grand Est's stated ticket size is €150K–€4M.
Key people at Capital Grand Est include François Lory (Président (du directoire)), Florence Cirilli (Directrice générale), Jean-François Rax (Membre du Directoire – Responsable de l’activité de capital amorçage) and Guillaume Laffineur (Membre du Directoire – Responsable de l’activité de capital rebond).
Capital Grand Est's investments include Realmeca, Lagarde Meregnani, Groupe Batige, Percipio Robotics, Parc Sainte Croix, Waterair, Firalis and Fizimed, among others.
The most recent publicly reported investment by Capital Grand Est is Realmeca (Minority stake with Carvest, CEGEE Capital and Euro Capital (amount undisclosed)), announced in Sep 2026.
Yes. Capital Grand Est manages capital from outside investors.