NCI
Overview
NCI, also known as Normandie Capital Investissement, is a French private equity firm that invests in business creation, development, and transfer projects. Founded in 1999, the firm is a major player in regional capital investment, particularly in the north-west of France, including Normandy, Hauts-de-France, Brittany, and Île-de-France. NCI manages several funds with a dual focus on venture capital for startups and growth/buyout capital for SMEs and mid-cap companies. The firm's website states it has between €350 million and €400 million in assets under management. Its investment in Saagie has been confirmed and is listed as an exited portfolio company.
Portfolio Companies
24
Website
n-ci.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Wilow | May 2025 | VC Round | Lead |
| Affinisep | - | VC Round | Co-investor |
| Hillo | Sep 2018 | Seed | Co-investor |
| Keey Aerogel | Jan 2025 | Series A | Co-investor |
| Wisper | Dec 2009 | Series A | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is NCI based?
NCI is headquartered in France.
When was NCI founded?
Founding year information for NCI is not publicly available.
How many portfolio companies does NCI have?
NCI has 24 portfolio companies in Caplight's dataset.
What are some companies in NCI's portfolio?
Portfolio companies visible on Caplight include Wilow, Affinisep, Hillo, Keey Aerogel, Wisper.
What was NCI's most recent investment shown here?
NCI's most recent investment in this portfolio sample was in Wilow in 2025.
What sectors does NCI focus on?
NCI focuses on Healthcare & Life Sciences, Mobility, Transportation & Logistics, Real Estate & PropTech, Real Estate & PropTech, Consumer & Commerce, Healthcare & Life Sciences, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Healthcare & Life Sciences, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, FinTech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Healthcare & Life Sciences, Media, Entertainment & Gaming, Crypto & Web3, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Real Estate & PropTech, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Consumer & Commerce.
What company stages does NCI focus on?
NCI typically invests at the MultiStage stage.
What is NCI's AUM?
NCI's assets under management are estimated between $385.0M and $440.0M.