French Tech Funding Wire November 15: OpenAirlines, Elicit Plant, Agicap & More!
๐ Company: OpenAirlines
๐ Description: OpenAirlines is a provider of eco-flying software solutions aimed at reducing fuel consumption and COโ emissions in the aviation industry.
๐ป Website: https://www.openairlines.com
๐ HQ City: Toulouse
๐ง Round: Funding round led by Eiffel Investment Group
๐ฐ Amount raised: Nearly โฌ45 million
๐ฆ Investors: Eiffel Investment Group, Mirova, with the Caisse de Retraite du Personnel Navigant Professionnel de lโAรฉronautique Civile (CRPN) expected to join by the end of the year
๐จ๐ผ๐ฉ๐ผ Founders: Alexandre Feray
๐๏ธ News: OpenAirlines has secured close to โฌ45 million to advance sustainable aviation solutions, focusing on enhancing their SkyBreatheยฎ platform, which utilizes AI and machine learning to optimize fuel consumption and reduce COโ emissions. | EU-Startups
๐ Company: Prelude
๐ Description: Prelude offers fraud-resistant SMS verification solutions, acting as an independent broker to identify cost-effective routing options and reduce verification costs.
๐ป Website: https://prelude.so
๐ HQ City: Paris
๐ง Round: Seed
๐ฐ Amount raised: โฌ7.6 million
๐ฆ Investors: Singular, Seedcamp
๐จ๐ผ๐ฉ๐ผ Founders: Matias Berny, Quentin Le Bras
๐๏ธ News: Prelude secured โฌ7.6 million to expand its fraud-resistant SMS verification services across Europe and North America, aiming to enhance mobile-first onboarding solutions. | EU-Startups
๐ Company: Liberlo
๐ Description: Liberlo is a platform dedicated to alternative medicine, connecting users with certified practitioners and offering a unique third-party payment option to simplify reimbursements.
๐ป Website: https://liberlo.com
๐ HQ City: Lyon
๐ง Round: Not specified
๐ฐ Amount raised: โฌ2.2 million
๐ฆ Investors: Not specified
๐จ๐ผ๐ฉ๐ผ Founders: Not specified
๐๏ธ News: Liberlo raised โฌ2.2 million to structure a care pathway for alternative medicine, aiming to enhance accessibility and reimbursement processes for patients. | FrenchWeb
๐ Company: Money Walkie
๐ Description: Money Walkie provides a contactless wallet designed to teach children financial autonomy, featuring a mobile app for parents to manage allowances and monitor spending.
๐ป Website: https://moneywalkie.com
๐ HQ City: Paris, France
๐ง Round: Not specified
๐ฐ Amount raised: โฌ4 million
๐ฆ Investors: BPCE, M6, with a portion reserved for crowdfunding via Sowefund
๐จ๐ผ๐ฉ๐ผ Founders: Raphaรซl Leprette, Clรฉmence Coursimault
๐๏ธ News: Money Walkie raised โฌ4 million and opened its capital to the public to promote financial autonomy among children, aiming to transform the pocket money experience. | Maddyness
๐ Company: Meet My Mama
๐ Description: Meet My Mama is a catering platform that showcases the culinary talents of women from around the world, offering immersive culinary experiences and supporting chefs in professionalizing their skills.
๐ป Website: https://meetmymama.com
๐ HQ City: Paris, France
๐ง Round: Not specified
๐ฐ Amount raised: โฌ3 million
๐ฆ Investors: Kimpa, Fair Equity, BNP Paribas, Olympe Capital, Groupe Up
๐จ๐ผ๐ฉ๐ผ Founders: Youssef Oudahman, Donia Souad Amamra, Loubna Ksibi
๐๏ธ News: Meet My Mama raised โฌ3 million to help chefs professionalize, aiming to scale their platform and integrate new features for clients and chefs. | Maddyness
๐ Company: Elicit Plant
๐ Description: Elicit Plant is an agritech company developing biostimulants that reduce water consumption in plants by approximately 20%, enhancing their resistance to environmental stress.
๐ป Website: https://elicit-plant.com
๐ HQ City: Saint-Christoly-de-Blaye, France
๐ง Round: Series B
๐ฐ Amount raised: โฌ45 million
๐ฆ Investors: Carbyne Partners, Sofinnova Partners, ECBF, BPI EcoGreenTech
๐จ๐ผ๐ฉ๐ผ Founders: Jean-Franรงois Dรฉchant
๐๏ธ News: Elicit Plant raised โฌ45 million to expand its biostimulant products that reduce plant water consumption and to develop new solutions for crops like vines and potatoes. | Maddyness
๐ Company: Wyden
๐ Description: Wyden is a leader in digital asset trading technology for financial institutions, offering a full-cycle trading platform that integrates with asset custody, banking, and portfolio management systems to simplify trading processes.
๐ป Website: http://www.wyden.io
๐ HQ City: Zurich, Switzerland (with offices in New York and Singapore)
๐ง Round: Series B
๐ฐ Amount raised: โฌ15.4 million
๐ฆ Investors: Truffle Capital, PostFinance, SBI Sygnum, FiveT Fintech, C3 Venture Capital (existing investor)
๐จ๐ผ๐ฉ๐ผ Founders: Andy Flury
๐๏ธ News: The funding will accelerate Wyden's expansion into regulated markets worldwide, enhance product development, and grow its client base, including banks and brokers across various regions.
๐ Company: Alentis Therapeutics
๐ Description: Alentis Therapeutics is a clinical-stage biopharmaceutical company focused on developing therapies targeting CLDN1 for the treatment of CLDN1-positive tumors and fibrosis.
๐ป Website: https://www.alentis.ch
๐ HQ City: Basel, Switzerland (R&D site in Strasbourg, France)
๐ง Round: Series D
๐ฐ Amount raised: โฌ164.5 million
๐ฆ Investors: Jeito Capital, OrbiMed, Novo Holdings, Frazier Life Sciences, Longitude Capital, Catalio Capital, Piper Heartland Healthcare Capital, Avego Bioscience Capital, RA Capital Management, Morningside Venture Investments, BB Pureos, Bpifrance (InnoBio 2)
๐จ๐ผ๐ฉ๐ผ Founders: Dr. Roberto Iacone (CEO)
๐๏ธ News: The new funding will support clinical trials for Alentis' antibody-drug conjugates targeting CLDN1 in solid tumors, with studies commencing in 2025. The financing reflects ongoing support for innovative cancer therapies.
๐ Company: Omaha Insights
๐ Description: Normalized financial data and analytical tools for small businesses.
๐ป Website: https://www.omaha-insights.com/
๐ HQ City: Paris
๐ง Round: Seed
๐ฐ Amount raised: โฌ3.5 million
๐ฆ Investors: Ventech, Axeleo Capital
๐จ๐ผ๐ฉ๐ผ Founders: Jordan Alloun, Bryant Matthews
๐๏ธ News: Omaha Insights raises funding
๐ Company: Trace For Good
๐ Description: Traceability and data management software for food supply chains.
๐ป Website: http://traceforgood.com
๐ HQ City: Paris
๐ง Round: Early VC
๐ฐ Amount raised: โฌ3.5 million
๐ฆ Investors: Seed4Soft, Hi Inov, Ankaa Ventures
๐จ๐ผ๐ฉ๐ผ Founders: Lรฉa Gillet
๐๏ธ News: Trace For Good funding details
๐ Company: IADYS
๐ Description: Designs, develops and delivers Artificial Intelligence solutions.
๐ป Website: http://www.iadys.com
๐ HQ City: Roquefort-la-Bรฉdoule
๐ง Round: Series A
๐ฐ Amount raised: โฌ10 million
๐ฆ Investors: Innovacom, Rรฉgion Sud Investissement, GO Capital
๐จ๐ผ๐ฉ๐ผ Founders: Nicolas Carlรฉsi
๐๏ธ News: IADYS funding announcement
๐ Company: AdipoPharma
๐ Description: Not specified.
๐ป Website: http://adipopharma.com
๐ HQ City: Strasbourg
๐ง Round: Early VC
๐ฐ Amount raised: Not specified
๐ฆ Investors: Sambrinvest, Okeanos, Good Growth Capital, Newton Fund
๐จ๐ผ๐ฉ๐ผ Founders: Vincent Marion
๐๏ธ News: AdipoPharma funding details
๐ Company: Agicap
๐ Description: A software adapted to all the SMEs for the management of cash flow.
๐ป Website: https://agicap.com/fr/
๐ HQ City: Lyon
๐ง Round: Series C
๐ฐ Amount raised: โฌ43.84 million
๐ฆ Investors: AXA Venture Partners
๐จ๐ผ๐ฉ๐ผ Founders: Sebastien Beyet, Sylvain Tessier
๐๏ธ News: Agicap raises funds