# Citizen Capital

> Citizen Capital is a VC fund in Paris backing Health Care and Software. See 36 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Paris, France
- Total investments: 36
- Last investment: May 2026
- Lead investor: 39%
- Fund size: $50M
- Last fund: Jan 2017
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/citizen-capital
- X (Twitter): https://www.twitter.com/citizencapital
- Website: http://www.citizencapital.fr

Citizen Capital is a leading French private equity fund dedicated to using an impact-driven investment approach to deliver both financial and social returns for investors and society at-large. Citizen Capital manages €60 million and provides growth capital to high growth small or medium companies (€1 to 50 million sales) with a strong socialpurpose targeting :- Inclusion : adress the needs of underserved populations (silver economy, health, education, Bottom of the Pyramid...)- Social mobility : enable excluded people to access employment and cross social barriers (job creation in underserved areas, integration of disabled or low-educated workers...)- Sustainable production and consumption : change consumption habits and give access to sustainable goods and services (local production and short distribution channels, environment-driven technologies...)- Social Innovation : introduce new organisation models with tangible positive impact upon employees and partners (employee shareholding schemes, collaborative management...)Our goal is to build wealth for all stakeholders in our portfolio companies. In addition to capital we offer a combination of strategic, financial, operational guidance to the companies in which we invest, as well as a pro-active support in building and driving impact strategy – Citizen Capital has implemented a methodology combining social impact and ESG approach. Citizen Capital has signed the Principles for Responsible Investment (United Nations, PRI) and is a member of the G8 Social Impact Investment Task Force.

## Contacts

5 contacts available for Citizen Capital. Shizune tracks 2 team members at Citizen Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/citizen-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.6M–$5.3M |
| Series A | $5.9M–$16M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 6 | 17% |
| Software | 5 | 14% |
| Construction | 4 | 11% |
| Information Technology | 4 | 11% |
| Medical | 3 | 8% |

53 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 10 | 28% |
| Funding Round | 8 | 22% |
| Seed | 5 | 14% |
| Series B | 4 | 11% |
| Pre-Seed | 2 | 6% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| France | 21 | 58% |
| United States | 3 | 8% |
| Germany | 1 | 3% |
| Luxembourg | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Laurence Mehaignerie | Co-founder & Partner, Citizen Capital | 1 | https://shizune.co/investors/profile/laurence-mehaignerie |
| Jonathan Piquet | Partner growth | 3 | https://shizune.co/investors/profile/jonathan-piquet |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Semeia | Semeia provides software that helps in medical follow-up and consultation. | $24.7M | Venture - Series Unknown | May 11, 2026 |  |
| Vesto | Vesto has set up an industrial area specifically for the repurposing of equipment used by restaurateurs. In addition to traditional catering, we hope to make it possible for group catering, open tenders, and eventually other professions to outfit themselves with less expensive, second-hand equipment while still minimizing their impact. | $7.4M | Venture - Series Unknown | Nov 18, 2025 |  |
| Phagos | Phagos Biotech addresses the looming pandemic of antibiotic resistance with bacteriophage solutions to efficiently address bacterial infections in seafood and livestock. | $29.1M | Series A | Oct 08, 2025 |  |
| Hubcycle | Hubcycle provides upcycled food ingredients that are future-proof. Hubcycle creates new value chains based on side streams and everyone benefits. Hubcycle provides high-performance and sustainable ingredients that are tailored to the needs of the consumer. | $16.2M | Series A | Oct 28, 2024 |  |
| Planet Mojo | Planet Mojo is a player vs. player (PvP) cross-platform auto chess game reinvented for blockchain, allowing players to own their game characters (as NFTs) and play-to-earn in ongoing tournaments. Players will have the option to use their customized game characters and assets across an upcoming suite of games set inside the Planet Mojo universe. | $5.5M | Venture - Series Unknown | Apr 04, 2024 |  |
| CardioParc | CardioParc is a network of cardiology institutions that aims to redefine cardiology consulting by reorganizing it around the notion of delegation of tasks. | $10.9M | Venture - Series Unknown | Jan 17, 2024 |  |
| Hiboo | Hiboo, they live by the concept of giving industrials a bird's-eye view of their operations. They insist on making it easy for operational teams to monitor their assets and resources. The way they approach it is very simple: within no time collect all your valuable data then restore on a user-friendly platform or a fully fledged API. Just likethat, your team can get real-time visibility of all operations internationally.Dive into your equipment operations Collect, standardize, and activate your equipment data to run your worksites, inventory, maintenance and more. | $10.2M | Series A | Jan 09, 2024 |  |
| Karos | Karos transform available car seats into public transport networks, leveraging AI and mobile technologies. | $18.6M | Series C | Nov 27, 2023 |  |
| Novo | Novo is to make it easier for everyone to take stock and plan energy-related renovations.And the work in the subsequent months clearly demonstrated that it can be done much faster and more digitally! The end product is NOVO |  | Pre-Seed | Sep 27, 2023 |  |
| NOVO | Digital analysis, planning and financing of energy renovation for real estate. | $1.1M | Pre-Seed | Sep 27, 2023 |  |

10 of 36 investments shown.

## Co-investors
- [Innovacom](https://shizune.co/investors/profile/innovacom) — VC Fund, 4 deals together
- [Banque des Territoires](https://shizune.co/investors/profile/banque-des-territoires) — VC Fund, 3 deals together
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund, 3 deals together
- [Daphni](https://shizune.co/investors/profile/daphni) — VC Fund, 3 deals together
- [Elevation Capital Partners](https://shizune.co/investors/profile/inter-invest-capital) — VC Fund, 3 deals together
- [Isai](https://shizune.co/investors/profile/isai) — VC Fund, 3 deals together

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## FAQ

### What does Citizen Capital invest in?

Citizen Capital invests primarily in Health Care, Software and Construction startups, most often at Series A and Funding Round stage. Most of the 36 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Citizen Capital's check size?

Citizen Capital typically joins rounds of $1.6M–$5.3M at Seed and $5.9M–$16M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Citizen Capital participates in.

### How do I contact Citizen Capital?

Public channels for Citizen Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Citizen Capital?

The team at Citizen Capital includes Laurence Mehaignerie (Co-founder & Partner, Citizen Capital) and Jonathan Piquet (Partner growth). The Team section lists each member with their title, investment count and links.

### 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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