Carlsquare advised Enosis on its growth equity round with Industrya, sponsored by UI Investissement and Banque des Territoires
This transaction represents another example of the Carlsquare teams’ credentials in the renewable energy sector across Europe.
Enosis, headquartered in Toulouse (France) and headed by Vincent Guerré, designs equipment based on the methanation process, using micro-organisms to produce methane from CO2, thus boosting the methane concentration of the renewable gas to ensure compatibility with collective or public gas networks. Enosis has benefited in the past from the support of EU sponsored KIC-Inno Energy and strong research partnerships with INSA Toulouse and INSA Lyon. The company is raising €3 million in equity capital from Industrya, UI Investissement and the Banque des Territoires, on behalf of the French government as part of the France 2030 Territories d’innovation program, and as part of the Vilagil project, the winner of this program.
Industrya is a €42 million investment fund that invests in start-ups serving industrial transformation. The fund offers incubation and acceleration programs and invests in innovative companies that want to shape the industry and the world of tomorrow. The investment sectors are energy transition, new materials and Industry 4.0.
Created in 2018, Banque des Territoires is one of the five business lines of Caisse des Dépôts. It brings together in a single structure the internal expertise for the territories. As a single point of entry for its customers, it offers tailor-made advisory and financing solutions for loans and investments to meet the needs of local authorities, social housing bodies, local public companies and the legal professions. It targets all regions, from rural areas to metropolitan areas, with the aim of reducing social inequalities and territorial divides.
“This fundraising validates the relevance of Enosis’ positioning to accelerate the ecological transition within the gas industry, with a solution that has a strong environmental and economic impact. We are delighted to welcome three new shareholders – Industrya, Banque des Territoires and UI Investissement – who are committing themselves to us and joining our historical shareholders, including KIC InnoEnergy SE.” – Vincent Guerre, president, Enosis
Alexandre Braconnier, chief investment officer at Industrya, underlines: “We were convinced by the vision and competence of Enosis’ founders. The solution that the company has developed is very innovative and meets a need to improve energy efficiency and the circularity of the economy. We are delighted with this round of financing, and look forward to supporting Enosis in its international growth.”
This capital increase will enable Enosis to accelerate the industrialization and deployment of its solutions, which are primarily intended for industrial companies specialized in waste treatment.
Carlsquare acted as the exclusive financial advisor to Enosis.
Caisse des Dépots