Vulkam SAS announced that it has received ?34 million in funding from a group of investors
January 14, 2024
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Vulkam SAS announced that it has received ?34 million in round of funding led by new investor Fonds SPI 2 Fund, a fund managed by Bpifrance Investissement SAS for on January 15, 2024. The transaction included the participation from new investors Inco Ventures and SEB SA, returning investors Supernova Invest, BNP Paribas Développement SA, SCR, Caisse Régionale de Crédit Agricole Mutuel Sud Rhône Alpes and UI Investissement, SAS. The company will issue common shares for ?14 million and non-convertible debt for ?20 million out of which ?6 million debt was contributed by the State via France 2030 schemes.
The world leader in Small Household Equipment, SEB S.A. relies on 35 flagship brands (Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, etc.) and a broad product portfolio:
- cookware: frying pans, saucepans, pressure cookers, utensils, etc.;
- small culinary appliances: items for electric cooking (deep fryers, rice cookers, pressure cookers, etc.), beverage preparation (coffee makers, kettles, etc.) or food preparation (blenders, food processors, etc.);
- small non-culinary household appliances: linen care equipment (irons, steam generators, steamers, steamers, etc.), vacuum cleaners, fans, and personal care equipment (hairdressing and depilation appliances, etc.).
At the end of 2023, the group operated 41 manufacturing sites worldwide.
Net sales are distributed geographically as follows: Western Europe (34.1%), Europe/Middle East/Africa (15.2%), China (27.9%), Asia (7%), North America (10.9%) and South America (4.9%).
SEB S.A. 
