Nepsis has raised €3.5 million to enhance financing for energy transition projects among French SMEs and ETIs, leveraging an innovative automated platform.

Information on the Target

Nepsis, a French fintech company, has successfully raised €3.5 million in funding led by Bpifrance through its Digital Venture Fund, alongside AFI Ventures, Hoji Ventures, 50 Partners, and Ring Capital. The company's primary objective is to expedite financing for energy transition projects initiated by small and medium-sized enterprises (SMEs) and intermediate-sized enterprises (ETIs) in France. Nepsis leverages an automated analysis and structuring solution for project documentation, enabling businesses to reduce their energy costs and initiate the carbon reduction process.

Nepsis targets a previously neglected segment concerning the energy transition of SMEs and ETIs. While large corporations are investing heavily in decarbonization and individuals benefit from bundled offers, B2B projects, typically ranging from €100,000 to €5 million, remain significantly underfunded. Research indicates that around 70% of SMEs and ETIs encounter challenges in structuring or financing their energy transition due to complexities in processes, lengthy financing cycles (ranging from 9 to 12 months), and the lack of suitable solutions between consumer leasing and corporate financing.

Industry Overview in France

The French energy sector is undergoing a significant transformation as the country strives to meet ambitious carbon neutrality targets. The government has been proactive in encouraging energy transition initiatives, particularly focusing on the adoption of renewab