CEA Investissement has participated in a series C for the CEA-Liten spinout, having also backed multiple earlier rounds.  

Isorg, a France-based photonics technology producer spun out of alternative and atomic energy-focused research institute CEA, has received €16m ($19m) in a series C round backed by the institute’s CEA Investissement arm. The round also featured chemicals producer Sumitomo Chemical, integrated systems producer Integrated Systems Development and industrial group Mitsubishi, as well as Financière Fonds Privés (FFP), Bpifrance, New Science Venture and Sofimac Group. Founded in 2010, Isorg’s technology enables thin, lightweight imaging and biometrics sensors to be integrated into plastic and glass surfaces. It targets the security and identity verification market segments. The spinout emerged out of the Printed Electronics Laboratory of CEA-Liten, a division that focuses on renewable energies. CEA Investissement previously joined Bpifrance, Sofimac Partners, Grenoble Angels and Savoie Angels for an $8.7m round in 2014 and also invested alongside Bpifrance, Sofimac, New Science Ventures, FFP and Dynalim for a $28.2m series B in 2018.

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).