AlgoTx Raises €20M to Conduct ATX01’s Phase 2 Program in Peripheral Neuropathic Pain
HQ: FR
Founded: 2018
Series B
Sector: Biotechnology
Investment Raised: EUR 20M €
Valuation Remains Undisclosed
Investors: Bpifrance (https://www.bpifrance.com/) InnoBio Fund (https://www.bpifrance.com/products/biotech-and-medtech-vc-funds/) Omnes Capital (https://www.omnescapital.com/) Turenne Capital (https://www.turennecapital.com/) UI Investissement (https://www.ui-investissement.com/)
Iktos raises €15.5M to expand AI drug discovery technologies
HQ: FR
Founded: 2016
Series A
Sector: Artificial Intelligence
Investment Raised: EUR 15M €
Valuation Remains Undisclosed
Investors: Debiopharm Innovation Fund (https://www.debiopharm.com/investment/) M Ventures (https://www.m-ventures.com/) Omnes Capital (https://www.omnescapital.com/)
Spareka fixes €11 million to help DIYers repair home appliances
HQ: FR
Founded: 2012
Sector: E-Commerce, Retail
Investment Raised: EUR 11M €
Valuation Remains Undisclosed
Investors: Banque des Territoires (https://www.banquedesterritoires.fr/) Caisse des Dépôts et Consignations (https://www.caissedesdepots.fr/en) DemeterInvestment Raised Banque des Territoires Caisse des Dépôts et Consignations Demeter (https://demeter-im.com/)
Qotto raises $ 8 million in series A round to expand to Cote d’Ivoire
HQ: FR
Founded: 2016
Series A
Sector: Renewable Energy
Investment Raised: USD 8M €
Valuation Remains Undisclosed
Investors: Cordaid Investment Management (https://cordaidinvestment.com/) IBL (https://iblgroup.com/about-ibl) The Off-Grid Energy Access Fund (https://www.get-invest.eu/fund/facility-for-energy-inclusion-off-grid-energy-access-fund-ogef/#:~:text=The%20Facility%20for%20Energy%20Inclusion%E2%80%99s%20Off-Grid%20Energy%20Access,renewable%20energy%20to%20communities%20living%20off%20the%20grid.)
EGERIE raises €30 million to help quantify the financial impact of shabby cyber security
HQ: FR
Founded: 2016
Venture – Series Unknown
Sector: Cyber Security
Investment Raised: EUR 30M €
Valuation Remains Undisclosed
Investors: Banque des Territoires (https://www.banquedesterritoires.fr/) Open CNP (https://open.cnp.fr/en) TIIN Capital (https://tiincapital.nl/) Tikehau Capital (https://www.tikehaucapital.com/)
French pharma Amolyt nets €130 million series C co-led by Sofinnova Partners
HQ: FR
Founded: 2015
Series C
Sector: Health Care
Investment Raised: EUR 130M €
Valuation Remains Undisclosed
Investors: Andera Partners (https://www.anderapartners.com/fr/) ATEM Capital Fund LP (https://atemcap.com/) Bpifrance (https://www.bpifrance.com/) Credit Agricole Entreprises (https://www.credit-agricole.fr/entreprise.html) CTI Life Sciences Fund (https://www.ctisciences.com/) EQT life science (https://eqtgroup.com/) Intermediate Capital Group (https://www.icgam.com/) Kurma Partners (https://www.kurmapartners.com/en) Mass General Brigham Ventures (https://www.massgeneralbrigham.org/en/research-and-innovation/innovation/ventures) Novo Ventures (https://www.novoholdings.dk/investments/ventures/) OrbiMed (https://www.orbimed.com/) Pontifax (http://www.pontifax.com/) Sectoral Asset Management (https://www.sectoral.com/) Sofinnova Partners (https://sofinnovapartners.com/) Tekla Capital Management (https://www.teklacap.com/) Turenne Capital (https://www.turennecapital.com/)
Another nail in the photographers’ coffin as PhotoRoom develops $19 million
HQ: FR
Founded: 2019
Series A
Sector: Artificial Intelligence
Investment Raised: USD 19M €
Valuation Remains Undisclosed
Investors: Adjacent (https://adjacent.com/) Balderton Capital (https://www.balderton.com/) Hugging Face (https://huggingface.co/) Meta (https://www.meta.com/)
Fairmat raises €34M to recycle carbon fibre composite and help decarbonise the manufacturing sector
HQ: FR
Founded: 2020
Series A
Sector: CleanTech
Investment Raised: EUR 34M €
Valuation Remains Undisclosed
Investors: Antoine Bernard de Saint-Affrique Compagnie Nationale Г Portefeuille (https://www.cnp.be/) Pictet Private Equity Investors S.A. (https://www.pictet.com/ch/en) Singular (https://singular.vc/) Temasek Holdings (https://www.temasek.com.sg/en/index) THE FRIEDKIN GROUP (https://www.friedkin.com/)
