# LCL

> LCL is a VC fund in Villejuif backing Manufacturing and Information Technology. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Villejuif, France
- Total investments: 12
- Last investment: May 2026
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/lcl
- X (Twitter): https://www.twitter.com/lcl
- Website: https://particuliers.secure.lcl.fr
- Facebook: https://www.facebook.com/lcl

LCL is a VC fund in Villejuif focused on Manufacturing and Information Technology. Crédit Lyonnais is a historic French bank. In the early 1990s it was the largest French bank, majority state-owned at that point.

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $46M–$287M |
| Debt Financing | $542k–$315M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 25% |
| Information Technology | 3 | 25% |
| Energy | 2 | 17% |
| Sports | 2 | 17% |
| Consulting | 2 | 17% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 6 | 50% |
| Post-IPO Debt | 2 | 17% |
| Seed | 1 | 8% |
| Funding Round | 1 | 8% |
| Private Equity | 1 | 8% |

6 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Calicéo | Calicéo operates as a family group of aquatic fitness and beauty-massage spaces. | $169M | Debt Financing | May 28, 2026 |  |
| K-Motors | K-Motors develops modules that improve the battery cycle of electric vehicles and motors. | $3.5M | Seed | Mar 24, 2026 |  |
| Voltalia | Voltalia is a power producer and service provider in renewable electricity production from solar, wind, hydro and biomass energies (combining storage solutions). Voltalia has developed a strong expertise throughout the value chain of a renewable project: project development, project financing, EPC and operation & maintenance. The Group isactive in 20 countries and is able to offer services to its clients worldwide.As of December 31, 2018, Voltalia has developed and sold more than 1.8 GW and built more than 1.3 GW. It operates more than 1 GW and owns more than 0.5 GW of consolidated installed capacity. | $287.1M | Post-IPO Debt | Dec 30, 2025 |  |
| STIF | STIF is a manufacturing company that specialises in components for bulk material handling. The company offers a range of products, including elevator buckets, conveyor belts, and explosion protection systems. The company specialize in optimizing the efficiency and safety of material handling systems. | $45.8M | Post-IPO Debt | Jun 05, 2025 |  |
| Snowleader | Votre boutique en ligne (qui sent bon le reblochon) spécialiste des sports d’hiver, outdoor et street. | $8M | Debt Financing | Apr 22, 2024 |  |
| Hydrogen Refueling Solutions | Hydrogen Refueling Solutions offers hydrogen refueling station solutions for all types of vehicles, light and heavy fleets, for mobility, industrial activities, storage, and the energy markets. It democratizes access to hydrogen and facilitates the transition to green mobility. They provide refueling stations for large-capacity fuel cell electricvehicles. | $3.1M | Debt Financing | Apr 08, 2024 |  |
| HR Path | HR Path is a global consultancy with over 500 consultants across North America, Europe and the Middle East, and is solely dedicated to HR Systems Integration, HR Outsourcing, and HR Business Consulting.Co-founded in 2001 by François Boulet and Cyril Courtin, HR Path provides human capital management technology and is an authorized reseller forsoftware solutions in the French market (SAP and SuccessFactors, HR Access, Oracle HCM, Cegid, Sage, Talentsoft). The company has also developed its own HR software solutions, including BiHRdy (a business intelligence decision-making tool), Pandore (a packaged solution for HR, payroll and time management), and Geef (a talent management system).Headquartered in Paris, the company has operations in 13 countries on five continents, employs more than 500 consultants and generates €60 million in annual revenue through its network of agencies in major cities across France and its foreign subsidiaries.The client portfolio includes several CAC 40-listed companies, but also many small and medium-sized enterprises, intermediate-sized firms, and public sector organizations. | $236.5M | Private Equity | May 11, 2022 |  |
| HARDLOOP | Marcher, courir, grimper, glisser : découvrez chaque jour de nouvelles aventures sportives et le matériel pour les réaliser. | $3.4M | Venture - Series Unknown | Jan 01, 2022 |  |
| CELESTE | CELESTE operates as an Internet provider for different companies. The company offers a range of solutions which covers Internet access, MPLS interconnection and fiber optics, IP telephony or ecological data center hosting. CELESTE was founded in 2001 and is headquartered in Champs-sur-marne, Ile-de-France. | $315.3M | Debt Financing | Jun 15, 2021 |  |
| HR Path | HR Path is a global consultancy with over 500 consultants across North America, Europe and the Middle East, and is solely dedicated to HR Systems Integration, HR Outsourcing, and HR Business Consulting.Co-founded in 2001 by François Boulet and Cyril Courtin, HR Path provides human capital management technology and is an authorized reseller forsoftware solutions in the French market (SAP and SuccessFactors, HR Access, Oracle HCM, Cegid, Sage, Talentsoft). The company has also developed its own HR software solutions, including BiHRdy (a business intelligence decision-making tool), Pandore (a packaged solution for HR, payroll and time management), and Geef (a talent management system).Headquartered in Paris, the company has operations in 13 countries on five continents, employs more than 500 consultants and generates €60 million in annual revenue through its network of agencies in major cities across France and its foreign subsidiaries.The client portfolio includes several CAC 40-listed companies, but also many small and medium-sized enterprises, intermediate-sized firms, and public sector organizations. | $135.7M | Debt Financing | May 05, 2021 |  |

10 of 12 investments shown.

## Co-investors
- [Societe Generale S.A.](https://shizune.co/investors/profile/societe-generale) — VC Fund, 7 deals together
- [BNP Paribas](https://shizune.co/investors/profile/bnp-paribas) — VC Fund, 5 deals together
- [Banque Palatine](https://shizune.co/investors/profile/banque-palatine) — VC Fund, 3 deals together
- [Caisse d’Epargne](https://shizune.co/investors/profile/caisse-d-epargne) — VC Fund, 3 deals together
- [Crédit Agricole](https://shizune.co/investors/profile/credit-agricole) — VC Fund, 3 deals together
- [BRED Banque](https://shizune.co/investors/profile/bred-banque) — VC Fund, 2 deals together

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## FAQ

### What does LCL invest in?

LCL invests primarily in Manufacturing, Information Technology and Energy startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 12 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is LCL's check size?

LCL typically joins rounds of $46M–$287M at Post-IPO Debt and $542k–$315M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds LCL participates in.

### When did LCL last invest?

The most recent investment recorded for LCL closed in May 2026. Shizune tracks 12 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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