# Ardev

> Ardev is a VC fund in Lot backing Manufacturing, Software and GreenTech. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Lot, France
- Total investments: 3
- Last investment: Oct 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/armandie-developpement-ardev/
- Website: https://www.ardev.fr

Ardev is an investment company that supports projects in the South-West in the creation or start-up phase. Based in Lot-et-Garonne, Ardev is already present in the capital of innovative companies such as We Go Greener (sustainable tourism), Dermoioniq (cosmetics), and K-Ryole (electric trailers). It was founded in 2009.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 100% |
| Software | 1 | 33% |
| GreenTech | 1 | 33% |
| Automotive | 1 | 33% |
| Power Grid | 1 | 33% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Series B | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Coqli | Coqli manufactures customizable and environmentally friendly corrugated cardboard packaging. Its online solution allows users to easily design and order custom and personalized packaging in complete autonomy. The company was founded in 2019 and is based in Vincey, France. | $647.7K | Seed | Oct 28, 2022 |  |
| BlueNav | BlueNav is a manufacturer of hybrid electric motors. They provide hybrid and electric motorization solutions for boats that allow the boat to move quickly. Bluespin is a strong electric engine that is foldable, compact, and light. It can be placed in both new-build and retrofit boats. | $1.3M | Seed | Oct 06, 2022 |  |
| K-Ryole | K-Ryole is a privately held company that manufactures smart electric bike trailer. | $11.6M | Series B | Mar 18, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Blue Oceans Partners](https://shizune.co/investors/profile/blue-oceans-partners) — VC Fund, 2 deals together
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund, 2 deals together
- [DeepIE Ventures Management Co.](https://shizune.co/investors/profile/deepie-ventures-management-co) — VC Fund, 2 deals together
- [AQUITI Gestion](https://shizune.co/investors/profile/aquiti-gestion-aci) — VC Fund, 1 deal together
- Edify SA — VC Fund, 1 deal together
- [GROUPE ILP](https://shizune.co/investors/profile/groupe-ilp) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Ardev invest in?

Ardev invests primarily in Manufacturing, Software and GreenTech startups, most often at Seed and Series B stage. Most of the 3 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ardev last invest?

The most recent investment recorded for Ardev closed in Oct 2022. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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