{"id":1753,"date":"2023-03-22T21:38:20","date_gmt":"2023-03-22T20:38:20","guid":{"rendered":"https:\/\/www.isalt-gestion.com\/le-fonds-strategique-des-transitions\/"},"modified":"2026-04-07T14:05:59","modified_gmt":"2026-04-07T12:05:59","slug":"isalt-the-fonds-strategique-des-transitions-fst","status":"publish","type":"page","link":"https:\/\/www.isalt-gestion.com\/en\/isalt-the-fonds-strategique-des-transitions-fst\/","title":{"rendered":"The Fonds Strat\u00e9gique des Transitions (FST)\u2028"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;one_column&#8221;][qode_elements_holder_item advanced_animations=&#8221;no&#8221; item_padding=&#8221;150px 0 0 0&#8243; item_padding_480=&#8221;50px 0 0 0&#8243; item_padding_480_600=&#8221;50px 0 0 0&#8243;][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;two_columns&#8221;][qode_elements_holder_item vertical_alignment=&#8221;top&#8221; advanced_animations=&#8221;no&#8221; item_padding_480=&#8221;0px 20px 20px 20px&#8221; item_padding=&#8221;0 8% 0 23%&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2>The Fonds Strat\u00e9gique des Transitions (FST)<\/h2>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;&#8221; css=&#8221;.vc_custom_1631258801517{padding-top: 7% !important;}&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4 style=\"text-align: left;\">The FST is a long-term investment vehicle designed to support the industrial scale-up of innovative French SMEs and mid-sized companies with a clear vision of tomorrow\u2019s societal needs.<\/h4>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;45px&#8221;][vc_single_image image=&#8221;1872&#8243; img_size=&#8221;full&#8221; alignment=&#8221;right&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;top&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0 25% 0 15%&#8221; item_padding_480=&#8221;20px 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3 style=\"font-family: 'Gilda Display', sans-serif; color: #002c4c;\">Financing <em><span style=\"color: #fc7b43;\"> Innovation-Driven SMEs and Mid-Sized Companies\u2028 <\/span><\/em><\/h3>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;&#8221; css=&#8221;.vc_custom_1631258700918{padding-top: 5% !important;}&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h6>The Fonds Strat\u00e9gique des Transitions (FST) supports French innovative SMEs and mid-sized companies in their growth and transition projects.<\/h6>\n<p>&nbsp;<\/p>\n<h6>Focusing mainly on companies with advanced and robust technologies, ISALT, as a long-term investor, helps these companies scale industrially by financing production capacity while ensuring environmental, technological, and social transitions remain central to their strategic priorities.<\/h6>\n<p>&nbsp;<\/p>\n<h6>In practical terms, we help companies establish local operations, build factories, strengthen teams, and form their first industrial and commercial partnerships.<\/h6>\n<p>&nbsp;<\/p>\n<h6>The companies we select share a common DNA: innovation, technology, and decarbonization.<\/h6>\n<p>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;one_column&#8221;][qode_elements_holder_item advanced_animations=&#8221;no&#8221; item_padding=&#8221;150px 0 0 0&#8243; item_padding_480=&#8221;80px 0 0 0&#8243;][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;two_columns&#8221;][qode_elements_holder_item vertical_alignment=&#8221;top&#8221; advanced_animations=&#8221;no&#8221;][vc_gallery interval=&#8221;3&#8243; images=&#8221;1766,1767&#8243; img_size=&#8221;full&#8221; onclick=&#8221;&#8221; direction_nav=&#8221;no&#8221; control_nav=&#8221;no&#8221; pause_on_hover=&#8221;no&#8221;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding_480=&#8221;40px 20px 40px 20px&#8221; item_padding=&#8221;90px 8% 90px 15%&#8221; item_padding_480_600=&#8221;40px 20px 40px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3 style=\"font-family: 'Gilda Display', sans-serif; color: #002c4c;\">Championing <em><span style=\"color: #fc7b43;\"> the New French Industrial Model\u2028<\/span><\/em><\/h3>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;&#8221; css=&#8221;.vc_custom_1631258700918{padding-top: 5% !important;}&#8221;][vc_column_text css=&#8221;&#8221;]ISALT is optimistic about the future of French industry and actively contributes to its renewal by supporting the creation and growth of high-potential, innovative businesses and services. Our goal is to help build a competitive and resilient \u201cnew industry\u201d in France\u2014one capable of standing alongside Europe\u2019s and the world\u2019s best.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>The FST is built on four core beliefs: <\/strong><br \/>\n<span style=\"color: #fc7b43;\">\u2794<\/span> France has many strengths to spark economic and industrial renewal, generating growth beneficial for future generations<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> Supporting innovative and technology-driven SMEs and mid-sized companies is crucial for this industrial renaissance<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> These companies are key drivers of competitiveness and economic growth. Long-term capital is critical to support the investments they need to scale<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> Investing long-term means financing innovation and expanding production capacity. It\u2019s a civic commitment to strengthening productive investment and regional expertise<br \/>\n[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; el_class=&#8221;reverse_order&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;two_columns&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding_480=&#8221;40px 20px 40px 20px&#8221; item_padding=&#8221;90px 8% 90px 15%&#8221; item_padding_480_600=&#8221;40px 20px 40px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3 style=\"font-family: 'Gilda Display', sans-serif; color: #002c4c;\">Targeted <em><span style=\"color: #fc7b43;\"> Sectors\u2028 <\/span><\/em><\/h3>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;&#8221; css=&#8221;.vc_custom_1631258700918{padding-top: 5% !important;}&#8221;][vc_column_text css=&#8221;&#8221;]The FST aims to support around twenty innovative SMEs and mid-sized companies in four strategic sectors for the French economy:<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> <strong>Alternative energies:<\/strong> energy production and distribution, electrification, and energy efficiency<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> <strong>Low-carbon industry:<\/strong> circular economy and sustainable production<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> <strong>Quality of life: <\/strong>health, food, and responsible agriculture<\/p>\n<p><span style=\"color: #fc7b43;\">\u2794<\/span> <strong>Technological innovation:<\/strong> critical components, production automation, security, and digital services<br \/>\n[\/vc_column_text][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;center&#8221; advanced_animations=&#8221;no&#8221; background_image=&#8221;344&#8243; item_padding=&#8221;10% 10%&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3 class=\"qotefst\"><em> \u201cWe will help French companies take a step forward by directly financing their development projects and production capacities. We firmly believe these industrial initiatives will deliver high-value products to clearly identified and growing end markets.\u201d<br \/>\n<\/em><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #ffffff;\">&#8211; <strong>Nicolas Dubourg,<\/strong> President of ISALT<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;two_columns&#8221;][qode_elements_holder_item vertical_alignment=&#8221;top&#8221; advanced_animations=&#8221;no&#8221;][vc_gallery interval=&#8221;3&#8243; images=&#8221;1762&#8243; img_size=&#8221;full&#8221; onclick=&#8221;&#8221; direction_nav=&#8221;no&#8221; control_nav=&#8221;no&#8221; pause_on_hover=&#8221;no&#8221;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding_480=&#8221;40px 20px 0px 20px&#8221; item_padding=&#8221;90px 8% 90px 15%&#8221; item_padding_480_600=&#8221;40px 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3 style=\"font-family: 'Gilda Display', sans-serif; color: #002c4c;\">Decarbonization <em><span style=\"color: #fc7b43;\"> as a Priority\u2028 <\/span><\/em><\/h3>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;&#8221; css=&#8221;.vc_custom_1631258700918{padding-top: 5% !important;}&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>ISALT acts for a low-carbon economy. Our fund prioritizes supporting the reduction of greenhouse gas (GHG) emissions to combat climate change.<\/h4>\n<p>&nbsp;<\/p>\n<p>We help companies define and implement a decarbonization trajectory aligned with the Paris Agreement climate goals. Our aim is to raise awareness among companies and their leaders regarding emission reductions across their value chains. With over 10 years of experience in decarbonization, we share best practices, provide tools and expertise, and help deploy ambitious yet realistic carbon reduction strategies.<br \/>\n[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; el_class=&#8221;reverse_order&#8221; z_index=&#8221;&#8221;][vc_column][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1699606045587{padding-top: 50px !important;}&#8221; anchor=&#8221;participationsFST&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding_480_600=&#8221;80px 20px 0 20px&#8221; item_padding_480=&#8221;0px 20px 0 20px&#8221;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;100px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2>Portfolio Companies<\/h2>\n<p>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 6% 0px 0%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;2265&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>Oury M\u00e9dical<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Oury M\u00e9dical, an independent French industrial group specialising in the manufacture of precision medical instruments for orthopaedics and spinal surgery, has spent the last three years building a leading French platform in this strategic sector of the medtech industry. The integration of C\u00e9fim\u00e9ca, a French manufacturer recognised for over 25 years for its expertise in orthopaedic and spinal instruments and implants, strengthens the group\u2019s position as a \u2018one-stop solution\u2019 partner for global players in the orthopaedics sector.<\/p>\n<p>Oury M\u00e9dical now has five production sites in France and over 200 employees, giving it an industrial scale capable of competing with global leaders in the sector whilst preserving its DNA of precision manufacturing. The FST\u2019s investment enables the company to finance the acquisition of C\u00e9fim\u00e9ca, strengthen its industrial capabilities in selective instrumentation and implants, consolidate its balance sheet to support its technological and production investments, and pursue its external growth strategy by establishing itself as a leading player in medical instrumentation in France and Europe.[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"> <strong>Entry date: <\/strong>April 2026 <\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 6% 0px 0%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;2153&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>DentalMonitoring<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Created in France by Philippe Salah (PhD), DentalMonitoring is the pioneer of remote orthodontic monitoring. Its software platform, compatible with all appliance brands, is a medical device that enables practitioners to monitor treatment progress remotely and continuously, thanks to a unique technology combining artificial intelligence with a standardized database of clinical images. A global leader in its field, the company holds more than 470 patents and generates a significant share of its revenue internationally (notably in the United States, Australia, and Japan). It employs over 400 people across more than 18 countries, more than half of whom are based in France, with a strong R&amp;D focus.<\/p>\n<p>The investment from the Fonds Strat\u00e9gique des Transitions will enable DentalMonitoring to strengthen its position in its core markets, support expansion into new regions (including Brazil, the Middle East, and Southeast Asia), explore opportunities to broaden its applications to other dental uses, and consolidate its positioning as an innovative French technology company with global reach.[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"> <strong>Entry date: <\/strong>February 2026 <\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 6% 0px 0%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;2192&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>Meelo<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]<br \/>\nFounded in 2017, Meelo is a French purpose-driven company that develops a SaaS software solution to secure transactions, detect fraud, and predict payment default risk, leveraging Open Banking, Open Data, and AI. The company has experienced rapid growth and now serves over 50 major corporate clients (including leaders in credit, insurance, and retail), proving its ability to reduce fraud risk tenfold while significantly cutting associated costs.<\/p>\n<p>This investment by FST will enable Meelo to accelerate its scale-up by bolstering R&amp;D investments, particularly in generative AI, actively recruiting in 2026, and supporting its international expansion, all while advancing its commitment to more inclusive, transparent, and responsible finance.[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"> <strong>Entry date: <\/strong>December 2025<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 6% 0px 6%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1783&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>Sources<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Founded in 2000, Sources specializes in the design and construction of turnkey water treatment plants. An independent sector leader, Sources serves municipalities and industrial clients across France and internationally, with over 500 plants built and 14 regional offices. The company offers a wide range of solutions, from wastewater treatment to potable water production, industrial water treatment, waste management, and associated services. Sources integrates advanced technologies such as co-methanization of sludge, Carbocycle\u00ae processes, and energy recovery from waste. The FST\u2019s LBO will strengthen Sources\u2019 growth, expand its regional presence, and consolidate its position among the leading water treatment companies in France and Europe, in a context where sustainable resource management is a major strategic challenge.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"> <strong>Entry date: <\/strong>June 2025 <\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 6% 0px 6%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1781&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>Via Sana<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Founded in 2020, Via Sana specializes in turnkey clinics for healthcare professionals. A market leader in France, its network includes 450 clinics across 50 sites in major cities. Each month, more than 500 healthcare professionals welcome nearly 30,000 patients. The FST investment will help Via Sana strengthen its model and accelerate development by consolidating its position in the liberal healthcare market across France, enhancing its digital platform, and making local healthcare more accessible.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"><strong>Entry date:<\/strong> April 2025<br \/>\n<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 9% 0px 9%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1779&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>Epsor<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Founded in 2017, Epsor is a French fintech transforming employee savings and retirement plans into an HR lever for companies. Through an intuitive digital platform, personalized human support, and an independent investment offering, Epsor manages savings plans (PEE, PER, PERECO\u2026) for over 1,500 client companies and supports more than 200,000 employees. With +50% growth in 2024 and the ambition to triple assets under management by 2027, Epsor welcomed the FST as an investor in March 2025 through a \u20ac16M Series C round. Epsor is the only fintech in the sector certified B Corp.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"><strong>Entry date:<\/strong> March 2025<br \/>\n<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 7% 0px 7%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1778&#8243; img_size=&#8221;full&#8221; css=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h4>Energies de Loire<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Founded in 2018, Energies de Loire develops, builds, and operates photovoltaic plants in Pays de la Loire and Brittany with an innovative zero-land-use approach. With 600 plants already built totaling 100 MW and a target of 800 MW by 2030, the company aims to become a regional photovoltaic leader supporting agricultural, industrial, and municipal stakeholders.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"><strong>Entry date:<\/strong> December 2024<br \/>\n<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 0 0px 0%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1776&#8243; img_size=&#8221;full&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text]<\/p>\n<h4>Unseenlabs<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Unseenlabs is the world\u2019s leading provider of radio-frequency (RF) data and solutions for maritime surveillance. Its proprietary technology allows precise geolocation and characterization of any ship globally under all weather conditions. The FST\u2019s participation in Unseenlabs\u2019 exceptional fundraising\u2014one of the largest in the space sector\u2014demonstrates ISALT\u2019s interest in disruptive technologies. With 11 satellites already deployed and 10 more planned by 2025, Unseenlabs\u2019 technology is transforming maritime surveillance.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"><strong>Entry date: <\/strong>February 2024<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 0 0px 20%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1775&#8243; img_size=&#8221;full&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text]<\/p>\n<h4>Intact Regenerative<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Intact is an innovative industrial and tech company producing low-carbon ingredients, pioneering a new regenerative agriculture-based French food sector. Founded in 2022, Intact produces a new generation of high-quality plant proteins from legumes and a neutral alcohol for food, cosmetic, and pharmaceutical uses. The FST investment enables the construction of its first industrial site in Baule (Loiret), operational in 2024.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"><strong>Entry date: <\/strong>September 2023<br \/>\n<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1630580504999{padding-top: 60px !important;}&#8221;][vc_column offset=&#8221;vc_col-xs-12&#8243;][qode_elements_holder number_of_columns=&#8221;two_columns&#8221; columns_proportion=&#8221;25_75&#8243; alignment_one_column=&#8221;left&#8221;][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; horizontal_alignment=&#8221;left&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 0 0px 20%&#8221; item_padding_480=&#8221;0px 30% 0 20px&#8221;][vc_single_image image=&#8221;1773&#8243; img_size=&#8221;full&#8221; qode_css_animation=&#8221;&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;1&#8243; up=&#8221;20&#8243; down=&#8221;0&#8243;][\/qode_elements_holder_item][qode_elements_holder_item vertical_alignment=&#8221;middle&#8221; advanced_animations=&#8221;no&#8221; item_padding=&#8221;0px 10% 0px 5%&#8221; item_padding_480=&#8221;0 20px 0px 20px&#8221;][vc_column_text]<\/p>\n<h4>Tissium<\/h4>\n<p>[\/vc_column_text][vc_column_text css=&#8221;&#8221;]Founded in 2013, Tissium is a French medtech company developing polymers for atraumatic tissue reconstruction during surgery. Its solutions offer non-traumatic alternatives to staples and invasive screws in peripheral nerve, hernia, and cardiovascular surgeries. Tissium has 62 patents and operates in Paris and Boston. The FST\u2019s participation will support scaling and U.S. commercialization over the next five years.<br \/>\n[\/vc_column_text][vc_separator type=&#8221;small&#8221; position=&#8221;left&#8221; thickness=&#8221;4&#8243; up=&#8221;20&#8243; down=&#8221;20&#8243; color=&#8221;#232323&#8243; width=&#8221;200px&#8221;][vc_column_text css=&#8221;&#8221;]<span style=\"color: #002c4c;\"><strong>Entry date: <\/strong>May 2023<br \/>\n<\/span>[\/vc_column_text][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;one_column&#8221;][qode_elements_holder_item advanced_animations=&#8221;no&#8221; item_padding=&#8221;150px 0 0 0&#8243; item_padding_480=&#8221;80px 0 0 0&#8243;][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;one_column&#8221;][qode_elements_holder_item advanced_animations=&#8221;no&#8221; item_padding=&#8221;150px 0 0 0&#8243; item_padding_480=&#8221;50px 0 0 0&#8243; item_padding_480_600=&#8221;50px 0 0 0&#8243;][\/qode_elements_holder_item][\/qode_elements_holder][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; background_color=&#8221;#ffffff&#8221;][vc_column][qode_elements_holder number_of_columns=&#8221;two_columns&#8221;][qode_elements_holder_item vertical_alignment=&#8221;top&#8221; advanced_animations=&#8221;no&#8221; item_padding_480=&#8221;0px 20px 20px 20px&#8221; item_padding=&#8221;0 8% 0 23%&#8221;][vc_column_text css=&#8221;&#8221;]&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"full_width.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1753","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/pages\/1753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/comments?post=1753"}],"version-history":[{"count":12,"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/pages\/1753\/revisions"}],"predecessor-version":[{"id":2266,"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/pages\/1753\/revisions\/2266"}],"wp:attachment":[{"href":"https:\/\/www.isalt-gestion.com\/en\/wp-json\/wp\/v2\/media?parent=1753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}