Expliseat Bolsters Global Expansion with €36M Funding Round
Deal News | Jun 12, 2025 | Credit Mutuel Equity SA
Expliseat, a French aerospace company known for its lightweight aircraft seating, has raised €36 million in its largest funding round to date. The financing was led by Credit Mutuel Innovation alongside the SPI fund managed by Bpifrance and other investors like Supernova Invest and Swen Capital. This capital infusion aims to enhance Expliseat’s manufacturing capabilities, broaden its product line to include premium offerings, and speed up its global reach, particularly in North America. Having developed technology with over 100 patents, Expliseat is committed to reducing the carbon footprint of aviation by innovating ultralight seating solutions. The company is also branching into other mobility sectors such as rail and electric buses. With the new funding, it plans to widen its market footprint, optimize its supply chain, and strengthen its workforce across its French facilities. With backing from strategic investors, Expliseat is poised to become a key player in the global low-carbon mobility landscape.
Sectors
- Aerospace & Defense
- Venture Capital
- Environmental Technology
- Rail and Electric Transportation
Geography
- France – The main operational and manufacturing activities of Expliseat are based in France, including its assembly plant in Angers.
- North America – Expliseat's strategic expansion focuses significantly on the North American market, with a new commercial hub in Montreal targeting regional aviation.
Industry
- Aerospace & Defense – Expliseat operates within the Aerospace sector, developing lightweight aircraft seating solutions to reduce operational costs and environmental impact.
- Venture Capital – Credit Mutuel Innovation and other venture capital entities investing in Expliseat demonstrate the role of VC in fostering innovation within the aerospace sector.
- Environmental Technology – Expliseat’s focus on reducing CO2 emissions highlights the relevance of sustainable and environmentally friendly innovation in transportation technologies.
- Rail and Electric Transportation – Expliseat is expanding its seat technology to rail and electric buses, marking relevance to the rail and electric transportation industry sectors.
Financials
- €36 million – The amount raised by Expliseat in its largest funding round to date.
- 50 million – Value of Expliseat's order book as part of its operational achievements.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Expliseat | The Target company | Company | A company specializing in the development of lightweight aircraft seating. |
| Credit Mutuel Innovation | Lead Investor | Company | A venture capital subsidiary of Credit Mutuel Equity, focusing on deep tech investments. |
| Bpifrance | Investor | Company | France's national investment bank, supporting companies through funding and innovation projects. |
| Supernova Invest | Investor | Company | An investment firm specializing in deep tech sectors, managing 800 million in assets. |
| Swen Capital | Investor | Company | An investment company participating in the funding round. |
| BNP Paribas Développement | Investor | Company | A historical investor continuing their support in the latest funding. |
| GO Capital | Investor | Company | A venture capital firm renewing its investment in Expliseat. |
| NCI | Investor | Company | A firm that renews its confidence in Expliseat with further investment. |
| Air France | Customer | Company | One of Expliseat's major airline customers. |
| Air Canada | Customer | Company | A major airline customer utilizing Expliseat’s seating solutions. |