Overview

What they do
Alter Equity is a French private equity and venture capital firm dedicated to impact investing. Founded by Fanny Picard, it was one of the first funds in Europe to champion "positive impact finance," built on the three pillars of "People, Planet, Profit". The firm invests in European companies whose core business provides a solution to environmental or social challenges, such as the energy transition, circular economy, education, and health. Distinctively, Alter Equity requires all its portfolio companies to commit to and implement a detailed extra-financial ESG (Environmental, Social, and Governance) business plan, with executive compensation tied to these non-financial results. This rigorous, dual-focus on impact and profitability has established its reputation as a leading and authentic impact investor in the European market.
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What they look for
Alter Equity's thesis is to prove that responsibility and profitability are compatible by investing in companies that contribute positively to society and the environment while seeking attractive, market-competitive financial returns. They finance companies whose products or services address major contemporary challenges, from environmental issues like energy transition, circular economy, and recycling, to social goals like education, employability, and health. This is what they call their "People, Planet, Profit" approach.
alter-equity.com
Stage
Seed, Series A, Series B+
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Sectors
Climate, Edtech, Healthcare, SaaS, Marketplace, Consumer
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Based
Paris, FR
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Sources

2026-09-01alter-equity.comFondée en 2007, Alter Equity est la première société de gestion à impact créée en France.
2026-09-01alter-equity.comNos fonds financent des entreprises dont les produits et services forment des solutions aux…
2026-09-01alter-equity.comVenir nous voir 23 rue Danielle Casanova - 75001 Paris
2026-09-01alter-equity.com[https://www.linkedin.com/in/fanny-picard-6507a35] Fanny Picard - Associée Fondatrice

Portfolio, cheque size and the rest

The 14 companies they have backed that we can see, the cheque they write, and whether they are deploying right now.

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