Emertec

Emertec is a prominent French venture capital firm based in Grenoble, specializing in early-stage investments within the deep tech sector. For decades, the firm has been a key player in fostering innovation, primarily focusing on cleantech, new materials, energy, and information and communication technologies (ICT). Their investment philosophy centers on identifying and nurturing companies with strong technological foundations and significant market potential, often supporting them from the seed stage through Series A rounds. Emertec's strategic approach involves not just capital injection but also active participation in the growth of its portfolio companies, frequently taking board positions and offering strategic guidance to navigate market challenges and accelerate development.

Over its operational history, Emertec has successfully raised and managed several generations of funds, progressively increasing its investment capacity. A notable example is the Emertec 4 fund, which achieved a final close of €90 million in 2019, demonstrating the firm's consistent ability to attract capital for its specialized investment thesis. This evolution reflects Emertec's commitment to scaling its impact and supporting a broader range of high-potential startups. The firm's deep expertise in its target sectors allows it to conduct thorough due diligence and provide valuable insights to entrepreneurs.

More recently, Emertec has deepened its collaboration with Demeter Partners, a leading European private equity and venture capital firm focused on ecological transition. This partnership has culminated in the launch of new investment vehicles, such as the Demeter Emertec 5 fund, which targets a substantial €150 million. This strategic alliance significantly enhances Emertec's reach and capacity, allowing it to deploy larger tickets and support companies through more extensive growth phases. The firm's typical initial investment for new portfolio companies ranges from €1 million to €5 million, with the potential for substantial follow-on funding to support long-term development and market expansion. Emertec remains dedicated to driving technological advancements and contributing to sustainable economic growth through its targeted investments in groundbreaking innovations.