# Bulane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bulane

- Industry: Renewable Energy
- Headquarters: France
- Website: www.bulane.fr
- Total disclosed funding: $11M
- Latest round: Series C (Dec 12, 2022)
- Investors on record: 10

## About

Based in Fabregues, France, and founded in 2009, Bulane SAS operates as a designer and manufacturer of hydrogen electrolyzers for combustion applications such as brazing, soldering, and heat treatments. In January 2023, the firm raised EUR 14 million in venture funding from investors Irdi Capital Investissement, Crédit Agricole Mutuel du Languedoc, Banque Populaire, etc. The firm as of January 2023 has a presence in more than 20 countries with clients including Lennox, Thales, aldes, Bonnet Neve, etc, and is led by its CEO, Nicholas Sherry.

The company offers a Dyoflam flame station manufactured through its patented technology developed in cooperation with the CNRS (National Center for Scientific Research) to generate industrial flame burning at a high temperature of more than 25,000°C with zero carbon combustible gas from hydrogen and oxygen. The company’s products include Dyoflam industrial range for industrial applications and Dyoflam mobile range offers flame station for mobile applications Bulane also offers a clean fuel technology called Dyomix, to generate energy from water.

The company plans to utilize its January 2023 funding for R&D (research and development) activities and for the construction of a new electrolyzer production site.

## Funding rounds

- Series C, Dec 12, 2022, $7.5M — Caisse d'Epargne, Banque Populaire, Bpifrance, Irdi Capital Investissement, Sofilaro, BNP Paribas, Crédit Agricole Mutuel du Languedoc
- Series B, Dec 13, 2018, $1.1M — Sofimac Partners, Soridec, Sofilaro
- Series A, Jan 13, 2015, $1.9M — Sofimac Partners, Soridec, Sofilaro, Languedoc-Roussillon Regional Council

## Investors

- Sofimac Partners (https://capitalatlas.ai/funds/sofimac-partners) — Series A, Series B
- Soridec — Series A, Series B
- Sofilaro (https://capitalatlas.ai/funds/sofilaro) — Series A, Series B, Series C
- Languedoc-Roussillon Regional Council — Series A
- Caisse d'Epargne — Series C
- Banque Populaire — Series C
- Bpifrance — Series C
- Irdi Capital Investissement (https://capitalatlas.ai/funds/irdi-capital-investissement) — Series C
- BNP Paribas — Series C
- Crédit Agricole Mutuel du Languedoc — Series C