Bpifrance is backing Kapsera with €1 million in funding to move forward with the industrialisation and development of microencapsulated bio-solutions for winegrowing.
Three new vine protection and nutrition products will be placed on the market in 2023 in Europe and the United States thanks to Bpifrance support for the Kapsera company’s Kapshield project under the Deeptech plan.
“Kapsera is working alongside winegrowers keen to protect their vines, the environment and biodiversity, by bringing them high-performance products based on a new technology with a unique, patented formulation,” explains Antoine Drevelle, Kapsera’s CEO. “This is another vital step in the company’s development. We are adding another five people to the teams to fast-track our technology to the industrial stage. This backing also enables us to develop new types of bio-based and biodegradable capsules for winegrowing.”
“It is the core focus of our Deeptech plan. Kapsera […] specialises in developing bio-based agricultural inputs that are effective, sustainable and affordable, using a unique method of encapsulation via a microfluidic process,” explains Alicia Sorel, account manager at Bpifrance. explique Alicia Sorel, chargée d’affaires chez Bpifrance.
Winegrowing is a key sector of French agriculture and its highest-earning industry (€12.5 billion). With nearly 10% of winegrowing areas certified organic or in the process of being certified, there is strong sector demand for new solutions and more sustainable winegrowing. Kapsera intends to meet this demand by developing organic solutions that meet environmental certifications.
After two years in existence, Kapsera is entering a phase of industrial development. With the Kapshield project, the company is aiming for revenue of over €25 million within the next five years and is set on becoming a recognised partner for formulating, producing and marketing new bio-based agricultural inputs.
“Beyond their mastery of this disruptive technology, the startup impresses us with its remarkable understanding of the ecosystem, […] its ability to surround itself with key financing and investment players, and its business credibility, having already signed impressive references, which is rare at this stage,” declared Alicia Sorel. “All these elements, reinforced by the underlying regulatory and societal trend toward more responsible agriculture, confirm the merit of granting Kapsera a Deeptech Development Aid: Bpifrance is fully playing its role here as the Climate Bank!”
“Bpifrance’s support is further proof of Kapsera’s reliability and our partners’ confidence in our project,” said Antoine Drevelle. “We are laying lasting foundations for our business and gaining recognition as a new stakeholder in the transition to eco-friendly agriculture.”
Contact : media@kapsera.com
About Kapsera
Founded in 2018 by Antoine Drevelle and Jérôme Bibette, Kapsera is a French company based in Bordeaux, in the heart of the Nouvelle-Aquitaine region, at the forefront of the agroecological transition in France. The company develops innovative formulation technology for sustainable agriculture, human nutrition, and animal nutrition. Thanks to this high-potential technology, Kapsera has already signed several major collaboration agreements with industrial partners to develop natural encapsulated products.
À propos de BPI
Created by the law of 31 December 2012, Bpifrance (public investment bank) is the result of the merger of OSEO, FSI, CDC Entreprises and FSI Régions. Its two shareholders are the French State and Caisse des Dépôts. Its mission is to support businesses (SMEs, mid-cap companies and larger entities of strategic importance to the French economy), from start-up to listing on the stock market, with credit, guarantees and equity financing. Bpifrance also provides enhanced support and assistance for innovation, exports and external growth. With more than 42 regional offices, it is a single point of contact for entrepreneurs in each region for all their financing and investment needs.
www.bpifrance.fr – Follow us on X ( Twitter) https://twitter.com/Bpifrance
