French Tech Funding Wire November 15: OpenAirlines, Elicit Plant, Agicap & More!
📇 Company: OpenAirlines
🔍 Description: OpenAirlines is a provider of eco-flying software solutions aimed at reducing fuel consumption and CO₂ emissions in the aviation industry.
💻 Website: https://www.openairlines.com
📍 HQ City: Toulouse
🧗 Round: Funding round led by Eiffel Investment Group
💰 Amount raised: Nearly €45 million
🏦 Investors: Eiffel Investment Group, Mirova, with the Caisse de Retraite du Personnel Navigant Professionnel de l’Aéronautique Civile (CRPN) expected to join by the end of the year
👨💼👩💼 Founders: Alexandre Feray
🗞️ News: OpenAirlines has secured close to €45 million to advance sustainable aviation solutions, focusing on enhancing their SkyBreathe® platform, which utilizes AI and machine learning to optimize fuel consumption and reduce CO₂ emissions. | EU-Startups
📇 Company: FASST
🔍 Description: FASST is a leading provider of digital acceleration solutions for insurers, offering a SaaS platform to improve sales performance, time-to-market, regulatory cost management, and underwriting processes through an omnichannel approach.
💻 Website: fasst.io
📍 HQ City: Angoulême, France (with offices in Paris and Bordeaux)
🧗 Round: Series (Led by Revaia and Bpifrance Large Venture)
💰 Amount Raised: €27 million
🏦 Investors: Revaia, Bpifrance (Large Venture fund), AG2R LA MONDIALE, Malakoff Humanis, Digital Insure, Covea, M Capital fund, Nouvelle Aquitaine Co-Investment (NACO)
👨💼👩💼 Founders: Xavier Favre and Yasser Echoukry
🗞️ News: Next-gen insurtech solutions provider FASST raises €27M for digitalisation of industry
📇 Company: Polar Analytics
🔍 Description: Polar Analytics is a centralized platform that assists e-commerce merchants in leveraging their first-party data to make more informed decisions. It integrates seamlessly with e-commerce platforms like Shopify, providing in-depth analysis of acquisition costs and marketing campaign performance, particularly across channels such as email.
💻 Website: polaranalytics.com
📍 HQ City: Paris, France
🧗 Round: Series A
💰 Amount Raised: €18 million
🏦 Investors: Point Nine, Frst Capital, Chalfen Ventures
👨💼👩💼 Founders: David Dokes and Charbel Seif
🗞️ News: Polar Analytics lève 18 millions d’euros pour aider les commerçants à exploiter leurs données
📇 Company: Prelude
🔍 Description: Prelude offers fraud-resistant SMS verification solutions, acting as an independent broker to identify cost-effective routing options and reduce verification costs.
💻 Website: https://prelude.so
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount raised: €7.6 million
🏦 Investors: Singular, Seedcamp
👨💼👩💼 Founders: Matias Berny, Quentin Le Bras
🗞️ News: Prelude secured €7.6 million to expand its fraud-resistant SMS verification services across Europe and North America, aiming to enhance mobile-first onboarding solutions. | EU-Startups
📇 Company: Liberlo
🔍 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.
💻 Website: https://liberlo.com
📍 HQ City: Lyon
🧗 Round: Not specified
💰 Amount raised: €2.2 million
🏦 Investors: Not specified
👨💼👩💼 Founders: Not specified
🗞️ News: Liberlo raised €2.2 million to structure a care pathway for alternative medicine, aiming to enhance accessibility and reimbursement processes for patients. | FrenchWeb
📇 Company: Money Walkie
🔍 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.
💻 Website: https://moneywalkie.com
📍 HQ City: Paris, France
🧗 Round: Not specified
💰 Amount raised: €4 million
🏦 Investors: BPCE, M6, with a portion reserved for crowdfunding via Sowefund
👨💼👩💼 Founders: Raphaël Leprette, Clémence Coursimault
🗞️ News: Money Walkie raised €4 million and opened its capital to the public to promote financial autonomy among children, aiming to transform the pocket money experience. | Maddyness
📇 Company: Meet My Mama
🔍 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.
💻 Website: https://meetmymama.com
📍 HQ City: Paris, France
🧗 Round: Not specified
💰 Amount raised: €3 million
🏦 Investors: Kimpa, Fair Equity, BNP Paribas, Olympe Capital, Groupe Up
👨💼👩💼 Founders: Youssef Oudahman, Donia Souad Amamra, Loubna Ksibi
🗞️ News: Meet My Mama raised €3 million to help chefs professionalize, aiming to scale their platform and integrate new features for clients and chefs. | Maddyness
📇 Company: Elicit Plant
🔍 Description: Elicit Plant is an agritech company developing biostimulants that reduce water consumption in plants by approximately 20%, enhancing their resistance to environmental stress.
💻 Website: https://elicit-plant.com
📍 HQ City: Saint-Christoly-de-Blaye, France
🧗 Round: Series B
💰 Amount raised: €45 million
🏦 Investors: Carbyne Partners, Sofinnova Partners, ECBF, BPI EcoGreenTech
👨💼👩💼 Founders: Jean-François Déchant
🗞️ News: Elicit Plant raised €45 million to expand its biostimulant products that reduce plant water consumption and to develop new solutions for crops like vines and potatoes. | Maddyness
📇 Company: Wyden
🔍 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.
💻 Website: http://www.wyden.io
📍 HQ City: Zurich, Switzerland (with offices in New York and Singapore)
🧗 Round: Series B
💰 Amount raised: €15.4 million
🏦 Investors: Truffle Capital, PostFinance, SBI Sygnum, FiveT Fintech, C3 Venture Capital (existing investor)
👨💼👩💼 Founders: Andy Flury
🗞️ 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.
📇 Company: Alentis Therapeutics
🔍 Description: Alentis Therapeutics is a clinical-stage biopharmaceutical company focused on developing therapies targeting CLDN1 for the treatment of CLDN1-positive tumors and fibrosis.
💻 Website: https://www.alentis.ch
📍 HQ City: Basel, Switzerland (R&D site in Strasbourg, France)
🧗 Round: Series D
💰 Amount raised: €164.5 million
🏦 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)
👨💼👩💼 Founders: Dr. Roberto Iacone (CEO)
🗞️ 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.
📇 Company: Omaha Insights
🔍 Description: Normalized financial data and analytical tools for small businesses.
💻 Website: https://www.omaha-insights.com/
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount raised: €3.5 million
🏦 Investors: Ventech, Axeleo Capital
👨💼👩💼 Founders: Jordan Alloun, Bryant Matthews
🗞️ News: Omaha Insights raises funding
📇 Company: Trace For Good
🔍 Description: Traceability and data management software for food supply chains.
💻 Website: http://traceforgood.com
📍 HQ City: Paris
🧗 Round: Early VC
💰 Amount raised: €3.5 million
🏦 Investors: Seed4Soft, Hi Inov, Ankaa Ventures
👨💼👩💼 Founders: Léa Gillet
🗞️ News: Trace For Good funding details
📇 Company: IADYS
🔍 Description: Designs, develops and delivers Artificial Intelligence solutions.
💻 Website: http://www.iadys.com
📍 HQ City: Roquefort-la-Bédoule
🧗 Round: Series A
💰 Amount raised: €10 million
🏦 Investors: Innovacom, Région Sud Investissement, GO Capital
👨💼👩💼 Founders: Nicolas Carlési
🗞️ News: IADYS funding announcement
📇 Company: AdipoPharma
🔍 Description: Not specified.
💻 Website: http://adipopharma.com
📍 HQ City: Strasbourg
🧗 Round: Early VC
💰 Amount raised: Not specified
🏦 Investors: Sambrinvest, Okeanos, Good Growth Capital, Newton Fund
👨💼👩💼 Founders: Vincent Marion
🗞️ News: https://lifecarenews.in/french-biotech-company-adipopharma-secures-funding-to-initiate-clinical-trials-for-its-first-in-class-compound-for-insulin-resistance/
📇 Company: Agicap
🔍 Description: A software adapted to all the SMEs for the management of cash flow.
💻 Website: https://agicap.com/fr/
📍 HQ City: Lyon
🧗 Round: Series C
💰 Amount raised: €43.84 million
🏦 Investors: AXA Venture Partners
👨💼👩💼 Founders: Sebastien Beyet, Sylvain Tessier
🗞️ News: Fintech startup Agicap has raised €45 million in a Series C funding round to enhance its treasury management platform and expand its international presence. | TechEU
📇 Company: ValueCo
🔍 Description: Solution for aggregating corporate ESG data to establish market trends.
💻 Website: https://www.valuecometrics.com
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount Raised: €1.5M
🏦 Investors: 115k, Techstars, business angels
👨💼👩💼 Founders: Mariem Mhadhbi, Mathieu Joubrel
🗞️ News: https://www.linkedin.com/feed/update/urn:li:activity:7263121091676487680/
📇 Company: PimpUp
🔍 Description: Online waste-prevention baskets ordering platform.
💻 Website: https://www.pimpup-antigaspi.fr/
📍 HQ City: Not specified
🧗 Round: Montpellier
💰 Amount Raised: €850,000
🏦 Investors: Business angels
👨💼👩💼 Founders: Anaïs Lacombe and Manon Pagnucco
🗞️ News: https://www.linkedin.com/feed/update/urn:li:activity:7262766470550491138/
📇 Company: Ekip
🔍 Description: Meal ticket service.
💻 Website: https://www.ekip.app/
📍 HQ City: Annecy
🧗 Round: Seed
💰 Amount Raised: €800,000
🏦 Investors: Share Invest, business angels, Family Offices
👨💼👩💼 Founders: Julien Derville and Sandrine Eklou
📇 Company: Doado
🔍 Description: Mobile app to prevent and reduce back pain.
💻 Website: http://doado.app/
📍 HQ City: Bordeaux
🧗 Round: Seed
💰 Amount Raised: €400,000
🏦 Investors: Bpifrance, Région Nouvelle Aquitaine, business angels
👨💼👩💼 Founders: Hadia Ripoll and Julien Legay
📇 Company: Gr33t
🔍 Description: Platform for employees to adopt more sober digital practices.
💻 Website: https://greet.lecko.fr/
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount Raised: €320,000
🏦 Investors: Business angels
👨💼👩💼 Founders: Christophe Borée, Michel Ezran, Bastien Le Lann, and Delphine Wintenberger
🗞️ News: https://www.frenchweb.fr/gr33t-leve-320-000-euros-pour-transformer-les-pratiques-de-travail-en-entreprise/449865
📇 Company: Just
🔍 Description: One-click payment solution.
💻 Website: https://www.getjust.eu/
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount Raised: €6.5M
🏦 Investors: Backed, Daphni, Otium Capital, Kima Ventures, business angels
👨💼👩💼 Founders: Jeremy Pinto and Benjamin Cohen Aloro
🗞️ News: https://www.vestbee.com/blog/articles/paris-based-e-commerce-platform-raises-8-m-led-by-backed-vc