Alto Invest et al. back EZ-Wheel

Orkos Capital, BPI France, Ecomobilité Ventures, Poitou-Charentes Innovation (PCI) and Charente-Périgord Expansion also participated in the funding round.

BPI France led the round, investing €2.5m via its €150m Fonds Ecotechnologies.

Orkos invested via its robotics-focused fund, Robolution Capital 1, which launched in January 2012 and held a first close last March on €80m.

Company
Founded in 2009 and headquartered in Angoulême, EZ-Wheel is a manufacturer of electric wheels.

The company's products are designed for use with handling, light vehicles and medical equipment.

EZ-Wheel employs 25 staff.

People
Alec Lafourcade-Jumenbo is the CEO of EZ-Wheel. Laurent Arthaud, BPi's life sciences and environmental technology director, and Anne-Sophie Carrese, investment director at BPI, worked on the deal alongside Orkos partners Jean-Jacques Bertrand and Pierre-Yves Meerschman; Ecomobilité investment analyst Andreas Von Richter; PCI president Joel Mazet; Alto partner Franck Halley; and Thierry Vayssier of Charente-Périgord Expansion.

Advisers
Equity - Alerion (Legal); Grant Thornton (Financial due diligence); Regimbeau (IP due diligence).
Company - Redlink (Legal).

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