Regulated
- Risk level
- Medium
- Risk-return
- Medium
- Start from
- €100
COSMYX
France
Cosmyx designs and builds industrial 3D printers and automated "micro-factories" in France, sold to armed forces and industrial companies that want to produce spare parts and technical components on site.
Key figures
- Estimated return
- up to 10×
- platform's estimate
- Valuation
- €4,500,000
- Stake offered
- 6.27
- Exit expected
- 2031
- Funding ends
- 31 Dec 2026
- Start from
- €500
- Target
- €400,000
What you own, how it can pay off, and when
What do I own?
6.27 of the company
Check the documents for how the shares are held and what rights they give.
How can it pay off?
The platform estimates up to 10×
Usually only if the company is sold or listed. Estimates are the platform's own claims.
When could I get money?
Around 2031
Only if a sale or listing happens; shares are hard to sell before that.
Capital at risk. Most startups fail; estimates are the platform's own claims. Shares are hard to sell before an exit.
Would AI invest?
AI 75 HighOur AI gives this project 75 out of 100: High. How the AI score works
Information, not personal investment advice. The AI score rates the documents the platform publishes, can be wrong, and does not predict returns.
AI review
AICOSMYX — Crowdfunding Investor Memo
Cosmyx designs and builds industrial 3D printers and automated "micro-factories" in France, sold to armed forces and industrial companies that want to produce spare parts and technical components on site.
Sector: Industrial hardware — additive manufacturing (dual civil / defence) · Stage: Revenue-generating, first institutional angel round closed · HQ: Épinay-sous-Sénart, France · Raise: €400K (part of a €1.7M equity round)
Snapshot
|
1 · Is the price fair? 💶 |
3 / 5 — Stretched but arguable. The €4.5M pre-money equals about 2.4x the company’s reported 2025 revenue, inside the 2–4x revenue band typical for hardware acquisitions, but recent recorded exits in this sector (Markforged 2025 and 2026, per 3DPrint.com and 3D Printing Industry) paid only ~0.6–1.2x revenue, and the pack contains three mutually inconsistent implied valuations — see the questions section. |
|
2 · Can they reach an exit stage? ⭐ |
AI SCORE 75 / 100 — Good. The strongest evidenced precondition is real, publicly confirmed defence demand — a competitive-tender contract to supply 100+ printers to the French Army, plus an air-force maintenance contract. The biggest gap is coherence of the disclosed numbers: the company’s own documents give conflicting figures for 2025 revenue and for the share of the company on offer. |
|
3 · If they do, what could it pay? 🎯 |
Target 10x over 5 years (the company’s own plan). If an exit is reached, the company’s own three scenarios show roughly 0.5x to 10x before fees (0.4x to 7.9x after the fees shown in its simulation). Method: the company values a 2030 exit at 3.5x its forecast EBITDA of €13.5M (its deck); we compare the required exit value with recorded sector exits below. These figures do not include dilution from future fundraising rounds, which would reduce actual returns — see the dilution section. |
How to read the score
|
85–100 · Excellent |
All key preconditions for reaching an exit stage are evidenced and strong — rare at this stage |
|
70–84 · Good |
Preconditions largely in place, with specific gaps — named in the questions section |
|
50–69 · Average |
Meaningful preconditions missing or weakly evidenced |
|
30–49 · Weak |
Several core preconditions absent, or the evidence points against them |
|
1–29 · Critical |
Fundamental preconditions are not visible in the evidence |
|
What we could check. We verified against public sources the company’s registration, the French Army (SIMMT) contract for 100+ printers, the air-force maintenance (DMAé) selection, the €1.3M business-angel round, the 2023 Élysée "Fabriqué en France" selection and the 2022 Global Industrie award. The company’s revenue, margins, forecasts and customer contract values rest on its own materials, and key deal details — the price per share and the economics of the investors’ repayment priority — were not in the pack we reviewed. See the questions section. |
Three answers, one honest note. The fairness score says whether the entry price is supported by the sector benchmarks we could find. The AI Score is our read on whether the company has the preconditions in place to reach a stage where a sale or similar event can happen — it audits readiness on the disclosed evidence; it is not a probability of success, and even companies with every precondition in place fail more often than they succeed, which is why crowdfunding only works as a small part of a diversified portfolio. The returns range is an illustration built from named benchmarks and the company’s own scenarios — not a forecast. Where something was not in the pack we reviewed, it did not lower any score: it appears in the questions list instead, so you can ask the company directly before investing. The listing was reviewed by an AMF-licensed crowdfunding platform (Les Entreprêteurs, PSFP n° FP-2023-28) before going live. Nothing in this memo is a recommendation.
At a glance
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✅ Three reasons to look closer |
⚠️ Three reasons for caution |
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Deal terms. No terms were identified in the reviewed documents that would prevent a crowdfund investor from sharing in the upside. One point deserves your attention before investing: the shareholder-agreement summary mentions that "Seed" investor shares are repaid first if the company is sold, but the pack does not say whether the crowd’s holding vehicle owns those protected shares or ordinary ones — ask the company (question 2 below). Full mechanics are at the end of this memo. |
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ℹ️ Information, not investment advice. Capital at risk — you could lose the full amount invested. Full notes are at the end of this memo. |
🏢 What the company does
Cosmyx is a Fr…
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Information, not personal investment advice. The AI score rates the documents the platform publishes, can be wrong, and does not predict returns.
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