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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 15 SOURCES

Ring Capital

Also known as Ring, RING SAS

Paris impact investment manager running a growth buy-out fund (Altitude), an early-stage VC fund (Mission), a seed fund with EDHEC (Generations), Ring Africa and Ring Foundation.

HEADQUARTERS
Paris, France
FOUNDED
—
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
12 people

Focus

STAGES
Pre-SeedSeedSeries AGrowthBuyout
SECTORS
Climate & EnergyEducationHealthTechFintechFood & AgricultureIndustrial & Manufacturing
ASSET MIX
Private equityVenture capitalImpact
GEOGRAPHY
EuropeAfrica

Investment arms & vehicles

  • Ring Foundation
    Venture philanthropy fund backing non-profits that use technology for social and environmental causes

Overview

Ring Capital is a Paris portfolio management company (registered name Ring, AMF GP-15000026) co-founded by Geoffroy Bragadir and Nicolas Celier. All of its funds are impact funds: Ring Altitude makes growth buy-out investments of €10–30m in profitable companies, Ring Mission invests €0.5–3m in impact startups, Generations powered by EDHEC invests €150k–€1m at pre-seed and seed, and Ring Africa invests €150k–€3m in French-speaking Africa. It also runs Ring Foundation, a venture philanthropy fund, and has offices in Paris, Milan and Abidjan.

Investment thesis

Invests in companies whose business model addresses social or environmental challenges, from pre-seed to growth buy-out, mainly in Europe and French-speaking Africa; Altitude II targets energy and ecological transition, healthcare and education.

PORTFOLIO (12)

  • KnowunityNOTABLE
    Education
  • Enersweet
    Climate & Energy · since 2026
  • Zeffy
    Fintech
  • Soil Capital
    Food & Agriculture
  • Goodvest
    Fintech
  • Bodyguard
    Artificial Intelligence
  • WeeFin
    Fintech
  • Yespark
    Mobility & Logistics
  • LeHibou
    Software & SaaS
  • Castalie
    Consumer & E-commerce
  • Adikteev
    Software & SaaS · Sold (2025)
  • Tiller
    Software & SaaS · Sold (2021)

People

  • Geoffroy Bragadir
    Co-founder & Managing Partner · source
  • Nicolas Celier
    Co-founder & Managing Partner · source
  • Elisabeth Moreno
    Chairwoman · source
  • Marie-Capucine Lemétais
    General Partner, Altitude (growth buy-out) · source
  • Pierre-Alexis de Vauplane
    General Partner, Altitude (growth buy-out) · source
  • Anthony Guillen
    Partner, Altitude · source
  • Sara De Benedetti
    Principal, Altitude (Milan) · source
  • Laurent Babut
    Partner, Ring Mission · source
  • Daphné Dupont-Gurs
    Partner, Ring Mission · source
  • Charlotte Lafont
    Partner, Ring Mission · source
  • Servane Metzger-Corrigou
    Chief Impact Officer · source
  • Yasmina Bekkouche
    CFO · source

Links

Frequently asked questions

Ring Capital is a private equity fund based in Paris, France.

Yes. Ring Capital invests its own capital in private companies.

Ring Capital invests at Pre-Seed, Seed, Series A, Growth and Buyout stages in Climate & Energy, Education, HealthTech, Fintech, Food & Agriculture and Industrial & Manufacturing.

Ring Capital's stated ticket size is €150K–€30M.

Key people at Ring Capital include Geoffroy Bragadir (Co-founder & Managing Partner), Nicolas Celier (Co-founder & Managing Partner), Elisabeth Moreno (Chairwoman) and Marie-Capucine Lemétais (General Partner, Altitude (growth buy-out)).

Ring Capital's investments include Knowunity, Enersweet, Zeffy, Soil Capital, Goodvest, Bodyguard, WeeFin and Yespark, among others.

The most recent publicly reported investment by Ring Capital is Enersweet (Minority stake alongside €45M financing (Bpifrance, Zencap AM)), announced in Mar 2026.

Yes. Ring Capital manages capital from outside investors.