28.02.2023

Deal |

2023

Mangrove DAO pockets $7.4 million series A cheque

  • HQ: FR

Founded: 2021

  • Series A
  • Sector: Blockchain

Investment Raised: USD 7M €

Valuation Remains Undisclosed

Investors: CMT Digital Ventures (https://www.cmtdigital.com/) Cumberland (https://www.cumberland.io/) Greenfield (http://greenfield.one/) gumi Cryptos Capital (gCC)

News Link
28.02.2023

Deal |

2023

PILI picks up $15.8 million, pushes petroleum-free pigment production

  • HQ: FR

Founded: 2015

  • Series A
  • Sector: Biotechnology

Investment Raised: USD 15M €

Valuation Remains Undisclosed

Investors: Bpifrance (https://www.bpifrance.fr/) Elaia (https://www.elaia.com/) Famille C Participations (https://www.famillec-participations.com/) SOSV (https://sosv.com/) Startup Angels (https://www.startupandangels.com/)

News Link
16.02.2023

Deal |

2023

Paris-based Brigad raises €33M Series B led by Balderton Capital; looks for M&A opportunities in Europe

  • HQ: FR

Founded: 2015

  • Series B
  • Sector: Business Development

Investment Raised: EUR 33M €

Valuation Remains Undisclosed

Investors: Balderton Capital (https://www.balderton.com/team/) Serena (https://www.serena.vc/) Square Capital (https://www.squarecapitalgroup.com/) Wendel (https://www.wendelgroup.com/en/)

News Link
13.02.2023

Deal |

2023

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.)

News Link
07.02.2023

Deal |

2023

Exotrail raises $58 million to expand space logistics services

  • HQ: FR

Founded: 2015

  • Series B
  • Sector: Information Technology

Investment Raised: USD 58M €

Valuation Remains Undisclosed

Investors: 360 Capital (https://www.360cap.vc/about-us/) Bpifrance (https://www.bpifrance.fr/) CELAD (https://www.celad.com/) Eurazeo (https://www.eurazeo.com/en) Innovacom (https://innovacom.com/?lang=en) IRDI SORIDEC Gestion (https://www.irdi.fr/nous-connaitre/) IXO Private Equity (https://www.ixope.fr/) Karista (https://www.karista.de/) NCI Waterstart (https://www.n-ci.com/waterstart-capital-le-fonds-accelerateur-de-nci-franchit-la-barre-des-30-startups-en-moins-de-30-mois/)

News Link
01.02.2023

Deal |

2023

SESAMm Raises €35M in Series B2 Funding

  • HQ: FR

Founded: 2014

  • Series B
  • Sector: Analytics

Investment Raised: EUR 35M €

Valuation Remains Undisclosed

Investors: AFG Partners (https://www.afgvc.com/) CEGEE Capital (https://www.crunchbase.com/organization/cegee-capital) Elaia (https://www.elaia.com/) Elevator Ventures (https://www.elevator-ventures.com/) NewAlpha Asset Management (https://www.newalpha.com/) Opera Tech Ventures (https://www.operatechventures.com/) The Carlyle Group (https://www.carlyle.com/) Unigestion (https://www.unigestion.com/)

News Link
31.01.2023

Deal |

2023

Hydrogen startup HySiLabs raised €13 million

  • HQ: FR

Founded: 2015

  • Series A
  • Sector: Renewable Energy

Investment Raised: EUR 13M €

Valuation Remains Undisclosed

Investors: CAAP Creation (https://www.crunchbase.com/organization/caap-creation) EDP Ventures (https://www.edp.com/en/innovation/edp-ventures) EIC Fund (https://eic.ec.europa.eu/investment-opportunities_en) Equinor Ventures (https://www.equinor.com/energy/ventures) KREAXI (https://www.kreaxi.com/en/) PLD Automobile (https://www.pldauto.fr/) Région Sud Investissement (https://www.regionsudinvestissement.com/)

News Link
26.01.2023

Deal |

2023

In the midst of a bear market, hrtech startup Welcome to the Jungle claws in €50 million

  • HQ: FR

Founded: 2014

  • Series C
  • Sector: Digital Media

Investment Raised: EUR 50M €

Valuation Remains Undisclosed

Investors: Blisce (https://blisce.com/) Bpifrance (https://www.bpifrance.com/) Cipio Partners (https://www.cipiopartners.com/) Groupe ADP (https://www.parisaeroport.fr/en/homepage-group) Phiture (https://phiture.com/) Revaia (https://revaia.com/) XAnge (https://www.xange.vc/)

News Link
25.01.2023

Deal |

2023

ProovStation raises €10.4 million, continues to scan for damage

  • HQ: FR

Founded: 2017

  • Series A
  • Sector: Artificial Intelligence

Investment Raised: EUR 10.4M €

Valuation Remains Undisclosed

Investors: Crédit Agricole Centre-Est (https://www.credit-agricole.fr/ca-centrest/particulier.html) Otium Capital (https://www.otiumcapital.com/) Supernova Invest (https://www.supernova.at/)

News Link
24.01.2023

Deal |

2023

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/)

News Link
23.01.2023

Deal, Deal of the Week |

Calendar Week # 4 |

2023

France-based PASQAL bags €100M to build quantum computers with atoms and laser

  • HQ: FR

Founded: 2019

  • Series B
  • Sector: Information Technology

Investment Raised: EUR 100M €

Valuation Remains Undisclosed

Investors: Bpifrance (https://www.bpifrance.com/) Daphni (https://www.daphni.com/) EIC Fund (https://eic.ec.europa.eu/investment-opportunities_en) Eni Next (https://www.eni.com/eninext/en-US/home.html) Quantonation (https://www.quantonation.com/) Saudi Aramco Entrepreneurship Ventures (https://aramcoventures.com/) Temasek Holdings (https://www.temasek.com.sg/en/index)

News Link
06.01.2023

Deal |

2023

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/)

News Link
05.01.2023

Deal |

2023

France-based AI-driven healthtech startup Volta Medical bags €36M

  • HQ: FR

Founded: 2016

  • Series B
  • Sector: Health Care

Investment Raised: EUR 36M €

Valuation Remains Undisclosed

Investors: Gilde Healthcare (https://gildehealthcare.com/) Lightstone Ventures (https://www.lightstonevc.com/) Vensana Capital (https://www.vensanacap.com/)

News Link
08.12.2022

Deal |

2022

Innovative photonics company Cailabs raises €26 million to become market leader in optical ground stations

  • HQ: FR

Founded: 2012

  • Series C
  • Sector: Consumer Electronics

Investment Raised: EUR 26M €

Valuation Remains Undisclosed

Investors: Crédit Agricole Ille and Vilaine Expansion (https://www.credit-agricole.fr/ca-illeetvilaine/entreprise.html) Definvest (https://www.definvest.cz/de) Innovaacom (https://innovaacom.com/) NewSpace Capital (https://www.newspace.capital/) Safran Corporate Ventures (https://www.safran-group.com/group/innovation/safran-corporate-ventures) Starquest Capital (https://www.starquest-capital.com/)

News Link
01.12.2022

Deal |

2022

Deepomatic Raises €10 Million from EnBW New Ventures and Orbia Ventures

  • HQ: FR

Founded: 2014

  • Series B
  • Sector: Artificial Intelligence

Investment Raised: EUR 10M €

Valuation Remains Undisclosed

Investors: Alven (https://alven.co/) EnBW New Ventures (https://www.env.vc/) Hi Inov – Dentressangle (https://www.hiinov.com/) Orbia Ventures (https://www.orbia.com/ventures/) Swisscom Ventures (https://ventures.swisscom.com/)

News Link
29.11.2022

Deal |

2022

L’Oréal acquires minority stake in French microalgae firm Microphyt for €15 million

  • HQ: FR

Founded: 2007

  • Series B
  • Sector: Biotechnology

Investment Raised: EUR 15M €

Valuation Remains Undisclosed

Investors: Bpifrance (https://www.bpifrance.com/) Business Opportunities for L’Oréal Development (https://www.loreal.com/en/beauty-science-and-technology/) IRDI Capital Investissement (https://iticapital.com/) IXO Private Equity (https://www.ixope.fr/en/) Sofilaro (https://www.sofilaro.fr/) Sofinnova Partners (https://sofinnovapartners.com/) Supernova Partners

News Link
28.11.2022

Deal |

2022

Kiln Announces €17 Million in Funding to Expand Staking Offering

  • HQ: FR

Founded: 2018

  • Series A
  • Sector: Blockchain

Investment Raised: EUR 17M €

Valuation Remains Undisclosed

Investors: Alven (https://alven.co/) BlueYard Capital (https://www.blueyard.com/) ConsenSys (https://consensys.net/) GSR (https://gsrventuresglobal.com/) Illuminate Financial (https://www.illuminatefinancial.com/) Kraken Ventures (https://www.krakenventures.com/) LeadBlock Partners (https://leadblockpartners.com/) Sparkle Ventures (https://www.sparkleventures.vc/) SV Angel (https://svangel.com/) Third Kind Venture Capital (http://3kvc.com/) XBTO Group (https://www.xbto.com/)

News Link
21.11.2022

Deal |

2022

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/)

News Link
21.11.2022

Deal |

2022

Toulouse-based I-ROX takes €12 million for pulsed power that matches a nuclear reactor’s output in a millionth of a second

  • HQ: FR

Founded: 2022

  • Series A
  • Sector: Energy

Investment Raised: EUR 12M €

Valuation Remains Undisclosed

Investors: Breakthrough Energy Ventures (https://breakthroughenergy.org/)

News Link
17.11.2022

Deal |

2022

Helping young aspiring buyers to become homeowners, Virgil raises €15 million

  • HQ: FR

Founded: 2018

  • Series A
  • Sector: Rental

Investment Raised: EUR 15M €

Valuation Remains Undisclosed

Investors: Alven (https://alven.co/) Aquasourca (https://www.aquasourca.com/) Clément Alteresco Emmanuel Amon Evolem Start (https://evolem.com/en/activities/start/) Global Founders Capital (https://www.globalfounderscapital.com/) LocalGlobe (https://localglobe.vc/) Victoria van Lennep

News Link
15.11.2022

Deal |

2022

Pelico Raises $18.5M to Help Manufacturers Manage Factory Operations in an Increasingly Complex & Volatile Context

  • HQ: FR

Founded: 2019

  • Series A
  • Sector: Supply Chain Management

Investment Raised: USD 18.5M €

Valuation Remains Undisclosed

Investors: 83North (https://www.83north.com/) Adrien Nussenbaum Alexis Le-Quoc Bastian Nominacher Carsten Thoma Charles Miglietti Clément Buyse Florian Douetteau Isai (https://www.isai.vc/) Jonathan Benhamou La Famiglia (https://www.lafamiglia.vc/) Serena (https://www.serena.vc/)

News Link
15.11.2022

Deal |

2022

VoltAero Secures the First Funding of €32m in Its Series B Round From the Strategic Industrial Investor, TESI

  • HQ: FR

Founded: 2018

  • Series B
  • Sector: Aerospace

Investment Raised: EUR 32M €

Valuation Remains Undisclosed

Investors: Tesi (https://www.tesi.fi/en/)

News Link
08.11.2022

Deal |

2022

Mytraffic wraps up €30 million fundraise for BI in brick-and-mortar settings

  • HQ: FR

Founded: 2016

  • Series B
  • Sector: Real Estate

Investment Raised: EUR 30M €

Valuation Remains Undisclosed

Investors: Alven (https://alven.co/) AXA Venture Partners (https://www.axavp.com/) Kernel Investissements (https://www.crunchbase.com/organization/kernel-investissements)

News Link
08.11.2022

Deal |

2022

France’s Agriconomie bags €60M to help European farmers shop farming needs easily

  • HQ: FR

Founded: 2014

  • Series B
  • Sector: Agtech

Investment Raised: EUR 60M €

Valuation Remains Undisclosed

Investors: Aliment Capital (https://www.alimentcap.com/) Eurazeo (https://www.eurazeo.com/en) Temasek Holdings (https://www.temasek.com.sg/en/index) Treïs (https://treis-group.com/)

News Link
08.11.2022

Deal |

2022

Sarbacane raises $110 million, acquires data management company Marketing 1BY1, changes name to Positive Group

  • HQ: FR

Founded: 2001

  • Private Equity
  • Sector: Digital Marketing

Investment Raised: USD 110M €

Valuation Remains Undisclosed

Investors: EMZ Partners (https://emzpartners.com/en/)

News Link
31.10.2022

Deal, Deal of the Week |

Calendar Week # 45 |

2022

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://about.meta.com/)

News Link
28.10.2022

Deal |

2022

Coqli raises EUR 650k

  • HQ: FR

Founded: 2019

  • Seed
  • Sector: GreenTech

Investment Raised: EUR 650k €

Valuation Remains Undisclosed

Investors: Yeast (https://www.yeast.fr/) INEO Capital (https://www.crunchbase.com/organization/ineo-capital) GROUPE ILP (https://www.groupe-ilp.com/) Bpifrance (http://bpifrance.fr/)

News Link
24.10.2022

Deal |

2022

Paris-based Shippeo bags €40.4M for its real-time supply chain transportation visibility platform

  • HQ: FR

Founded: 2014

  • Series C
  • Sector: Supply Chain Management

Investment Raised: EUR 40.4M €

Valuation Remains Undisclosed

Investors: Battery Ventures (https://www.battery.com/) Bpifrance (https://www.bpifrance.com/) ETF Partners (https://etfpartners.capital/) LFX Venture Partners (https://lfxvp.com/) NGP Capital (https://www.ngpcap.com/) Partech (https://partechpartners.com/) SAP.iO (https://sap.io/) Yamaha Motor Ventures & Laboratory Silicon Valley (https://www.yamahamotor.vc/)

News Link
19.10.2022

Deal |

2022

Using “deep physics powered- AI”, Aqemia raises €30 million to further its drug discovery pipeline

  • HQ: FR

Founded: 2019

  • Series A
  • Sector: Biotechnology

Investment Raised: EUR 30M €

Valuation Remains Undisclosed

Investors: Bpifrance (https://www.bpifrance.com/) Elaia (https://www.elaia.com/) Eurazeo (https://www.eurazeo.com/en)

News Link
17.10.2022

Deal, Deal of the Week |

Calendar Week # 43 |

2022

Neoplants has raised more than $20 million in funding

  • HQ: FR

Founded: 2018

  • Seed
  • Sector: Biotechnology

Investment Raised: USD 20M €

Valuation Remains Undisclosed

Investors: Collaborative Fund (https://collabfund.com/) Entrepreneur First (https://www.joinef.com/) Heartcore Capital (https://www.heartcore.com/) Niklas Zennström True Ventures (https://trueventures.com/)

News Link