On March 1, 2022, CIOA Group, an engineering and development firm, disclosed acquiring €165 million in financing from Landes Finance, a Montreal-based finance and investment company. The arrangement involved a partially convertible bond with a 10-year lifespan, inclusive of an early redemption option, a 4.5% coupon rate, and a 2-year grace period.

This capital injection is set to catalyze CIOA Group's expansion, particularly in sales and marketing. It aims to develop housing programs in France, French overseas departments, and Africa, focusing on individual and collective houses using off-site building processes, as well as residential leisure parks for Tiny Houses. Additionally, the funding will support the deployment of a house-builder network, offering low-carbon, affordable housing.

The company also plans to innovate and scale its business applications, diversifying its Software as a Service (SaaS) offerings. Part of the strategy includes organizing a network of licensees for distributing its business solutions domestically and internationally.

With these initiatives, CIOA Group targets achieving a €100 million turnover within 48 months. Lionel Lucide, the General Manager of CIOA Group, expressed gratitude towards Landes Finance for recognizing the efficacy of CIOA’s unique business model. He highlighted the funding's role in strengthening the industrial tools and enhancing support to new licensees globally. The BATIR subsidiary, thanks to new production facilities, will now be able to manufacture low-carbon buildings up to R+10, serving institutional markets. This funding is seen as pivotal for accelerating CIOA's growth and solidifying its presence in collaborative development.