Funded Startups in Alsace
Across the 25 most recent Alsace-funded entries shown, the largest disclosed round is Lithium de france at $47M (Series B, 2025-09-28), a clear outlier abo…
Across the 25 most recent Alsace-funded entries shown, the largest disclosed round is Lithium de france at $47M (Series B, 2025-09-28), a clear outlier above the rest of the disclosed amounts, which largely sit in the $2M–$19M band (e.g., Keey Aerogel $19M on 2025-01-28; SUPERBRANCHE $13M on 2025-02-04). Stage and reporting are also uneven: five entries are marked “undisclosed” (including WeMa on 2026-05-26; Captivea on 2026-05-20; Elitepharm Laboratories on 2025-02-17; NovAliX on 2024-08-07; Cephalgo on 2023-06-23), and six are “Series Unknown” (e.g., WeMa and Optimistik at $2M on 2025-07-10).
Geographically, Strasbourg appears repeatedly (e.g., HopLunch 2026-04-01; Nabu 2026-03-27; Sounduct 2025-06-03; Fizimed 2025-03-13), while several other city mentions split across Siegen (Rivage), Bischwiller (Lithium de france), and Illkirch/Illkirch-graffenstaden (NovAliX, AdipoPharma). Temporally, the displayed round dates span 2020-04-02 (Dynacure $50M but the round amount is shown as $50M with a blank “Series” field) to the most recent 2026-05-26 (WeMa).
Most recent rounds
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Frequently asked
What are the biggest disclosed rounds in this Alsace list, and how do they compare with the next tier?
The largest disclosed amount is Lithium de france at $47M (Series B, 2025-09-28), and it sits well above the next-largest disclosed rounds such as Keey Aerogel at $19M (2025-01-28) and SUPERBRANCHE at $13M (2025-02-04). Several other disclosed rounds cluster below $7M (e.g., Aerleum $6M on 2024-10-14; Dianosic $5M on 2023-02-06).
Which entries look like reporting outliers due to missing amounts or missing/unknown series?
Five entries show “undisclosed” amounts, including WeMa (2026-05-26), Captivea (2026-05-20), Elitepharm Laboratories (2025-02-17), NovAliX (2024-08-07), and Cephalgo (2023-06-23). Separately, six entries are labeled “Series Unknown” (e.g., WeMa 2026-05-26 and Optimistik 2025-07-10 $2M), which limits stage-based comparisons across the dataset.
Are there concentrated periods where multiple rounds land close together?
Yes: several disclosed rounds stack in early-to-mid 2025, including Keey Aerogel $19M (2025-01-28), SUPERBRANCHE $13M (2025-02-04), Fizimed $4M (2025-03-13), and Sounduct $3M (2025-06-03). The most recent window is also dense: HopLunch closes on 2026-04-01 ($130K), followed by Nabu on 2026-03-27 ($4M) and the two undisclosed entries in May 2026 (WeMa 2026-05-26; Captivea 2026-05-20).
Do particular cities dominate, and are they tied to specific sectors or stages?
Strasbourg is the most frequent city mention across multiple sectors and stages, including Nabu (AI, Seed, 2026-03-27 $4M) and Sounduct (Data and Analytics, Seed, 2025-06-03 $3M). Other cities appear as smaller clusters: Illkirch/Illkirch-graffenstaden shows up with NovAliX (2024-08-07, undisclosed) and AdipoPharma (2023-01-23, undisclosed) in biotech.
What stage mix shows up most clearly, and does it align with the biggest disclosed deals?
Seed rounds appear multiple times with disclosed amounts, such as Nabu ($4M on 2026-03-27), BiPER Therapeutics ($1M on 2025-12-02), Rivage is Pre-Seed ($3M on 2026-02-12), and Sounduct ($3M on 2025-06-03). By contrast, the largest disclosed deal is tied to a later-stage label (Lithium de france is Series B at $47M on 2025-09-28), while several of the highest disclosed figures below that are also not uniformly “Seed” (e.g., Keey Aerogel is Series A at $19M on 2025-01-28).
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