Citizen Capital
Also known as Citizen Capital Partenaires, CITIZEN CAPITAL PARTENAIRES SAS
Paris impact investment manager founded in 2008; growth funds (€3–10M tickets, Series B and later), farmer-focused funds and a social impact contracts fund; €275M AUM (2025).
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2008
- AUM
- €275M (2025)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 10 people
FOCUS
- STAGES
- Series BGrowth
- ASSET MIX
- Private equityImpact
- GEOGRAPHY
- FranceEurope
WHAT IT IS
Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.
ABOUT
Citizen Capital Partenaires is an independent Paris portfolio management company authorised by the AMF (GP-10000045) whose team has invested in social and environmental impact since 2008. It runs three strategies: Startups & SMEs (growth and expansion capital, €3–10M tickets, lead or co-lead), Agriculture (Agri Impact for farmers' diversification projects and ELAN Terres Agricoles for farmland carrying) and social enterprises (Citizen CIS, which pre-finances impact contracts with non-profits). It has been a mission-driven company since 2021 and reported €275M under management across four impact funds in its 2025 impact and mission report.
INVESTMENT THESIS
Invests in companies meeting fundamental needs under three pillars: living (health, ageing, food, housing, financial inclusion), self-fulfilment (training, future of work, education, citizenship) and transformation (climate, energy, circular economy, biodiversity, agriculture).
PORTFOLIO (12)
- OpenClassroomsNOTABLEEducation
- DeepkiNOTABLEClimate & Energy · Exited
- Cuisinons nos PaysagesFood & Agriculture · since 2026
- SêmeiaHealthTech · since 2026
- KarosMobility & Logistics
- DidaskEducation
- PhagosBiotech & Life Sciences
- CardioParcHealthTech
- HubcycleFood & Agriculture
- HibooSoftware & SaaS
- UluleConsumer & E-commerce
- SustainCERTClimate & Energy · Sold to TÜV SÜD (2026)
TEAM
- Laurence MéhaignerieCo-founding Partner & President · source
- Pierre-Olivier BarennesCo-founding Partner & Managing Director (Directeur général) · source
- Luis Marini-PortugalPartner & Senior Advisor · source
- Zoé ConstantinPartner, Growth · source
- Jonathan PiquetPartner, Growth · source
- Antoine VedrennePartner, Agriculture and social enterprises · source
- Flora Velle-BonvouloirDirector, Growth · source
- Inès TalhouarneInvestment Director, Growth · source
- Aurore AsparInvestment Director, Agriculture and social enterprises · source
- Clara DeniauChief Impact Officer · source
LINKS
FAQ
Citizen Capital is a private equity fund based in Paris, France, founded in 2008.
Yes. Citizen Capital invests directly in private companies.
Citizen Capital invests at Series B and Growth stages in HealthTech, Education, Climate & Energy, Food & Agriculture and Software & SaaS.
Citizen Capital's stated ticket size is €3M–€10M.
Key people at Citizen Capital include Laurence Méhaignerie (Co-founding Partner & President), Pierre-Olivier Barennes (Co-founding Partner & Managing Director (Directeur général)), Luis Marini-Portugal (Partner & Senior Advisor) and Zoé Constantin (Partner, Growth).
Citizen Capital's investments include OpenClassrooms, Deepki, Cuisinons nos Paysages, Sêmeia, Karos, Didask, Phagos and CardioParc, among others.
The most recent publicly reported investment by Citizen Capital is Cuisinons nos Paysages (€3M raise via Agri Impact, with Banque des Territoires), announced in Jun 2026.
Yes. Citizen Capital manages capital from outside investors.