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France-based maker of rail and road machinery for building and maintaining transport infrastructure, founded in 1991.
Neotec Développement SAS engineers and builds rail and road machinery, including rail/road vehicles, excavators, lifting baskets, and railway cranes. Founded in 1991 and headquartered in France, the company has managed two deals, most recently on March 9, 2023, when a minority stake led by InnovaFonds was acquired from Bpifrance Investissement and IXO Private Equity. In 2022 it generated revenue of USD 15.86 mn and EBITDA of USD 3.31 mn. It is at the Seed stage.
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