Nice-based Blue Tech Startup Inalve Joins bpifrance’s Néo Industrial Startups Accelerator

Nice-based Blue Tech Startup Inalve Joins bpifrance's Néo Industrial Startups Accelerator

Key Highlights:

  • bpifrance launches the 4th promotion of the Néo Industrial Startups Accelerator to support twelve startups in their industrialization phase, aiming to open 100 new factories per year by 2025.
  • Inalve, based in Nice, stands out among the selected startups due to its revolutionary approach to animal feed, highlighting the importance of sustainable innovation and the blue economy in the Nice Côte d’Azur Metropolis.
  • Significant Fundraising: Inalve recently secured €4.7 million in funding, co-led by Seventure Partners’ Blue Forward Fund™ and Bpifrance’s PSIM fund, marking a significant milestone in its journey towards large-scale industrialization.

A New Wave of Industrialization on the Horizon 2025

bpifrance launches the 4th promotion of the Néo Industrial Startups Accelerator, co-financed by the Ministry of Economy and Finance and the InvestEU program, aiming to accelerate the growth and development of these startups by offering them a tailor-made program.

The accelerator provides strategic support, expert advice, and specialized resources to help startups overcome the specific challenges of industrialization.

It also provides a network of experts and industrial partners, facilitating collaboration and networking opportunities with key sector players. It thus aims to stimulate innovation and growth of industrial startups in France.

Inalve: BlueTech Star in Nice

Among the twelve selected companies, Inalve, based in Nice, represents the ambition of the Nice Côte d’Azur Metropolis to become a leading innovation hub, in line with its recent labeling as a “Territoire d’Industrie.”

A pioneer in the microalgae sector, Inalve recently distinguished itself with a €4.7 million fundraising round, jointly orchestrated by Seventure Partners’ Blue Forward Fund™ and Bpifrance’s PSIM fund. This financial operation aims not only to refine the company’s production model but also to prepare the ground for large-scale industrialization.

Innovation and Sustainable Development: The Heart of Inalve

Founded in 2016, Inalve aims to develop a high-performing and sustainable microalgae industry. It has developed an exclusive technology for microalgae cultivation, offering a high-potential solution for the aquaculture, water depollution, nutraceutical, and cosmetic markets. Inalve’s recognition as one of the 35 leading startups in the French Blue Tech highlights its role as a leader in BlueTech technology, notably through its unique microalgae cultivation process. This innovative product, offering concentrated live microalgae, promises to improve the biosecurity and logistics of aquaculture farms, significantly increasing their productivity.

Towards a New Era of Industrialization

With its industrialization goal in sight, Inalve is ready to embark on a decisive stage of its development, supported by investors and advisors committed to maximizing its socio-economic and environmental impact.

Cleantech – Nice Côte d’Azur France

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