Arkea Capital continues to make an impact through We Positive Invest II

Having been an investor for 40 years in SMEs and ETI, Arkéa Capital has developed specific know-how in supporting territory-based companies through its seven investment vehicles. In 2016, the group’s private equity subsidiary Arkéa decided to expand its goal to target more startups and influencers with the launch of We Positive Invest I. Six years later, it launched its little brother, the We Positive fund. go even further. BUTA strategy that is in line with the group’s overall CSR strategy and its recent status as a company with a mission.” allocated Marc Brière, Chairman of Arkéa Capital.

Successful first attempt

We Positive Invest I allowed us to conduct a proof of concept with a team of 4 people responsible for investing 20 million euros.” Details Mark Brier. Thus, this first instrument enabled twelve investments in food technology, energy modernization or education start-ups (Algo, Andjaro, Ascor, Cozynergy, Edflex, Gaïago, iQspot, Maskott, Newcy, Osmia, Phenix and ToktokDoc). Two of them have already left.

By virtue of this first experience, which enabled him to acquire a know-how in the area of ​​impact » , Arkéa Capital intends to continue development with a second vehicle, this time with a total capital of over 100 million euros. Its collection is still ongoing and is open for subscription to third parties (institutional investors, entrepreneurs, family office, large groups, etc.).

While the investment thesis is still focused on impact, the goal is really to speed up the resolution of transition issues. Investments will focus on the following four verticals:

  • energy transition and the fight against global warming;
  • circular economy;
  • human capital;
  • health and wellness.

All of these industries are teeming with innovation that is gaining momentum. Greenly, GreenFlex, Carbo, and Sweep have recently begun calculating the carbon footprint of companies. Solutions designed to facilitate retraining, distance learning (Wild Code School, Kokoroé, Ada Tech School) or to facilitate recruitment (Maki, Elinoï) and employee well-being at work (Vendredi, Moka.care, Rosaly) are also thriving.

The concept of impact

To appreciate this well-known notion of influence, which is sometimes vague, Arkéa Capital has developed its own analysis method. We havens is integrated as a fund impact manager. Former CSR group manager who joined Arkéa Capital in September 2021 to create the fund’s impact analysis grid and provide operational support to companies in the impact portfolio, developed by the chairman of the board of the fund. We We apply this measurement methodology at entry, during the holding period and at exit to measure the progress of companies in our portfolio. » A solution that allows you to add non-financial criteria to the analysis of the company’s performance. Thus, We Positive Invest 2 complies with the definition of Article 9 under the European regulation SFDR (Sustainable Finance Disclosure).

With this fund, about fifteen start-ups will be financed, up to a maximum of 10 million euros in case of reinvestment. The initial ticket will vary, for its part, from 2 to 5 million euros. To hope to be selected, startups must reach a turnover of at least one million euros by proving the interest of some clients in their project.

Startups in the We Positive Invest II portfolio will benefit from the experience gained by Arkéa Capital in the area of ​​impact with its first vehicle. The team, which currently has five people, should be replenished with two newcomers. “Startups perwill benefit from our network of internal experts and external knowledge. One of our managers at EDF Pulse obviously has significant experience in the energy and Paprec fields. [société dont le groupe est actionnaire, N.D.L.R.] is an expert on the circular economy. We also have a real credible track record of supporting several HR Tech or EdTech startups.” accurate Mark Brier. An experience that will be very useful to push the boundaries of entrepreneurs in their economic model, their development strategy or their projects.