# Expanso Capital

> Expanso Capital is a VC fund in Bordeaux backing Software, Solar and Lighting. See 11 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Bordeaux, France
- Total investments: 11
- Last investment: Jun 2023
- Lead investor: 18%
- Last updated: Aug 2026

Expanso Capital is a VC fund in Bordeaux focused on Software and Solar. Expansion Capital Group is that valued partner for expansion capital solutions.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $658k–$2.9M |
| Series A | $300k–$800k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 27% |
| Solar | 2 | 18% |
| Lighting | 2 | 18% |
| AgTech | 1 | 9% |
| Drones | 1 | 9% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 3 | 27% |
| Seed | 2 | 18% |
| Series A | 2 | 18% |
| Angel | 1 | 9% |
| Series B | 1 | 9% |

6 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Flovea | FLOVEA performs a constant technological watch on its core business and is committed to creating innovative technologies through partnerships with research centers and laboratories. | $1.6M |  | Apr 27, 2023 |  |
| Sunbooster | Sunbooster provides design, installation, consulting, engineering, maintenance and services related to solar energy products. | $5.3M | Venture - Series Unknown | Dec 06, 2021 |  |
| Dronisos - drone shows | Dronisos provides indoor or outdoor drone light shows. | $2.9M | Seed | Jun 26, 2018 |  |
| Kazoar | Kazoar is an independent editorial communication agency created in 2006 by three experts in corporate and editorial communication. Everyone wants to express their vision of a company that is more responsible, more attentive and closer to its audiences. | $658K | Seed | Jan 23, 2018 |  |
| Osmia | Osmia SAS provides crop pollination services to improve yield and quality of agricultural production. Osmia intervenes in the context of specific problems on entomophilous or anemophilic pollination. Methodological approach and experience enables the company to find relevant solutions. It offers pollination studies and services for pre-base, baseor multiplication seeds. It also offers simple and efficient pollination services for arboriculture and optimize the yields and the quality of the productions of fruit trees.Osmia SAS was founded on 2014 and is headquartered in France. | $1.1M |  | Oct 17, 2017 |  |
| Polyrise | Polyrise provides thin film coating solutions (varnish, parts treatment) for many sectors of French and international industrial activities.Several ranges of products are available, intended to improve surface properties (optics, cleanability, aesthetics, mechanics, durability, etc.) for many materials (plastic, glass, metal, etc.) | $768K | Angel | Sep 28, 2017 |  |
| AirInt' Services | AirInt’ Services offers turnkey solutions for aircraft maintenance management.A software suite named AirInt' Software, uses the latest available technologies to easily perform aircraft maintenance and master the information flow, both on mobile devices and web application.By its cloud computing approach, all that you need to know, is thatyou always have the right information at the right time for cost-effective maintenance. | $849K | Series B | Sep 27, 2017 |  |
| Osmia | Osmia SAS provides crop pollination services to improve yield and quality of agricultural production. Osmia intervenes in the context of specific problems on entomophilous or anemophilic pollination. Methodological approach and experience enables the company to find relevant solutions. It offers pollination studies and services for pre-base, baseor multiplication seeds. It also offers simple and efficient pollination services for arboriculture and optimize the yields and the quality of the productions of fruit trees.Osmia SAS was founded on 2014 and is headquartered in France. | $531K |  | Sep 14, 2015 |  |
| FabZat | FabZat positions itself as an additional revenues generator for games publishers, the first entertainment industry in the world. FabZat is a turnkey in-app shop for personalised gaming products (3D printed action figures, t-shirts, photos, phone cases…). The 3D printed objects are the flagships of the products range as they are perfectly adapted tothe games universe and are completely new.FabZat adopts an ambitious B2B partner positioning for game publishers, cancelling the direct costs and risks linked to audience/traffic generation. FabZat relies on its network of industry leaders publishers to create the audiences on their titles that will then result into a common success.The FabZat service is integrated (embedded) in white label mode by game publishers and covers all the chain from the software to billing, object production and shipping. This means the publisher only generates additional revenue with no entry fee, guaranteeing an easy service adoption.The funding teamExperts in mobile technologies, video games, 3D development, mobile and server funded FabZat. It is supported by public and academic organizations.- Florent Pitoun - 40 – linkedin.com/in/florentp – Former Microsoft, Lotus, In-Fusio, Founder & CEO Webwag.- Matthieu Saint-Denis – 42 – linkedin.com/in/matthieusaintdenis – Former L’Oréal, Cryo & In-Fusio. | $800K | Series A | Jul 01, 2015 |  |
| Sunna Design | Sunna Design is a France-based company that designs and produces LED and solar lighting solutions. The company offers integrated solar street lights for isolated and urban areas, and specific projects; and smart grids powered by solar energy. It also provides design solutions.Sunna Design’s products are used in public spaces with little to noaccess to electricity. It was founded in 2011 and is headquartered in Blanquefort, France. | $5.6M |  | Dec 17, 2014 |  |

10 of 11 investments shown.

## Co-investors
- [AQUITI Gestion](https://shizune.co/investors/profile/aquiti-gestion-aci) — VC Fund, 8 deals together
- [Emertec](https://shizune.co/investors/profile/emertec-gestion) — VC Fund, 2 deals together
- [Finaqui](https://shizune.co/investors/profile/finaqui) — VC Fund, 2 deals together
- [Galia Gestion](https://shizune.co/investors/profile/galia-gestion) — VC Fund, 2 deals together
- [3A Venture](https://shizune.co/investors/profile/3a-venture) — VC Fund, 1 deal together
- [Adour Business Angels](https://shizune.co/investors/profile/adour-business-angels) — VC Fund, 1 deal together

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## FAQ

### What does Expanso Capital invest in?

Expanso Capital invests primarily in Software, Solar and Lighting startups, most often at Funding Round and Seed stage. Most of the 11 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

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

Expanso Capital typically joins rounds of $658k–$2.9M at Seed and $300k–$800k 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 Expanso Capital participates in.

### When did Expanso Capital last invest?

The most recent investment recorded for Expanso Capital closed in Jun 2023. Shizune tracks 11 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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