What we do
The EIF in 2020
Coronavirus: The EIB Group’s initiatives to address its economic consequences
Pan-European Guarantee Fund – EGF
Institutional investors
Equity products
AI Co-Investment Facility
Climate & Infrastructure Funds
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
Documentary Finance Facility – Bulgaria
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
Regional Development - Country and sector-specific initiatives
Fons d’Inversió en Tecnologia Avançada (FITA) Catalonia
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Croatian Growth Investment Programme (CROGIP)
AGRI Italy Platform Uncapped Guarantee Instrument
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
The Cyprus Entrepreneurship Fund (CYPEF)
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
Romania Recovery Equity Fund of Funds
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund (LFF)
Mezzanine 'Fund of Fund' for Germany (MDD)
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece
Irish Innovation Seed Fund (IISF)

Behring: Pure for Sure


“Essentially, our mission is to provide eco-responsible and quality hydration, available to all,” says Grégoire Genot, President of Behring Water. “We want to make available pure and natural water without the need for plastic. I think it’s disturbing that water is offered almost everywhere using public utilities and yet we all go around buying bottled water! A bottle of water could travel 800km to reach you, and even if you opt to recycle it, it will have to travel 800 more. Our products bacteriologically purify the water that reaches your water dispenser, with no need for plastic.”

Behring, based in Grenoble, specialises in water purification, be it in the form of a water fountain or just a device no larger than a beer can installed under your water dispenser. “With water fountains, where-ever you have stagnant water, there is likely to be a build-up of bacteria. That’s what our products tackle.” The unique combination of biofilm explosion and UV exposure that Behring proposes renders the water pure and of much higher quality.

“15 years ago when we started the business with the aim of replacing bottled water without jeopardizing bacteriological quality, to be honest, nobody really cared. It would have been the last thing people thought about at the time. Today, things are changing,” he explains. Behring have since installed their devices in more than 1000 companies and organisations across France, mostly in the health sector. The system works well, as proven by the fact that clients stay with them, maintaining and renewing the product. In 2021, the company estimates it will purify about 50 million litres of water and help avoid 1500 tonnes of plastic bottle waste.

But Behring is an innovative company, and is always looking to fine-tune and advance its products. With this in mind, Grégoire sought financial support in the form of a loan from crowd-lending platform October, backed by the EIF under the European Guarantee Fund, in order to invest in new technology: “Now we have the opportunity to renew our technology, replacing our traditional UV lamps by LED technology while keeping our differentiating patents. This will transform our range of products completely. To make this investment and to grow, we needed financing. We have been wanting to step out of the health sector in France alone, to go beyond France,” he says.

Building on a strong reputation on the back of its work in the French health sector, the company’s challenge is now to go global and take on the competition. “We’ve got a great car, but to get it running in the global race, we need to put fuel in it,” he adds.

Location: Grenoble,  Auvergne-Rhône-Alpes, France

Financial Intermediary: October

SME: Behring (France)

Sector: water

Number of employees: 33

Financing purpose: growth; product development

EU financing: EGF

For further information about EIF intermediaries in France, please refer to: http://www.eif.org/what_we_do/where/fr/index.htm

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.


Copyright ©

 European Investment Fund   – The European Investment Fund is not responsible for the content of external internet sites.