# Expliseat raises €17M to build new factory in Angers, France

Expliseat, a French manufacturer of lightweight aircraft seats, has raised €17 million in capital investment. The funds will be used to build a new 6,000 m² factory in Angers, France, with a production capacity of 25,000 seats per year, expandable to 37,000 seats per year.

- Type: Investment
- Announced: 2023-04-25
- Where: Angers, France, France
- Value: $18.8M (17.0M EUR)
- Jobs: 50
- Status: announced
- Capacity: 25,000 seats per year, expandable to 37,000 seats per year
- Products: lightweight aircraft seats
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Expliseat](https://endata.com/companies/63460.md)
- [Bpifrance](https://endata.com/companies/5687.md) (investor)
- [BNP Paribas Développement](https://endata.com/companies/8428.md) (investor)
- [NCI Inc](https://endata.com/companies/17349.md) (investor)
- [Go Capital](https://endata.com/companies/69938.md) (investor)

## Sources

- [expliseat.com](https://expliseat.com/expliseat-raises-e17-million-to-expand-operations/), 2023-04-25: "This fundraising comes at a key moment and allows Expliseat to begin a new chapter, on the strength of the solid foundations acquired during the first 12 years of its history."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.