Expliseat has raised €36 million in a funding round led by SPI, aiming to enhance its production capabilities and expand its ultra-lightweight seat technology, further solidifying its leadership in the aviation sector.

Target Information

Expliseat, a leader in the design of ultra-lightweight transport seats, has successfully raised €36 million in its largest capital increase to date. This funding round was led by the SPI (Sociétés de Projets Industriels) fund, managed on behalf of the French government by Bpifrance as part of the France 2030 initiative, alongside Crédit Mutuel Innovation, with participation from Supernova Invest and Swen Capital. Existing investors such as BNP Paribas Développement, GO Capital, and NCI have also reaffirmed their confidence in the company. Having recently inaugurated its first assembly plant in Angers, Expliseat now boasts a backlog of approximately €50 million, reinforcing its position as a global leader in ultra-lightweight technologies.

Founded in 2011, Expliseat has transformed the mobility industry by creating the lightest airplane seat in the world. Through strategic investments in research and development, the company has developed a unique technology secured by over 100 patents, which allows for reduced aircraft weight and a decrease in CO2 emissions per passenger by up to 6%.

Industry Overview in France

France is home to a thriving aerospace industry, recognized globally for its innovation and technological advancement. The country's several leading aerospace companies contribute significantly to the overall economy, making France one of the pr