Skip to content

French Tech Funding Wire November 29: Devialet, Lactips, Biolevate & More!

French startups that raised money the week of November 24 to November 29 also include Teeptrak, Kapsera, Darwin, Mago, Kryll, Serenn, Klart AI, and I-TRACING.

Photo by Markus Winkler / Unsplash

📇 Company: Devialet
🔍 Description: An acoustic engineering technology company.
💻 Website: https://www.devialet.com/fr-fr/
📍 HQ City: Paris
🧗 Round: LATE VC
💰 Amount Raised: €30.0M
🏦 Investors: Korelya Capital
👨💼👩💼 Founders: Quentin Sannié
🗞️ News: https://www.frenchweb.fr/fleur-pellerin-vient-au-secours-de-devialet-qui-leve-30-millions-deuros/450069


📇 Company: Lactips
🔍 Description: Lactips makes recyclable food packaging, with casein-based thermoplastics (milk protein), the only biodegradable and water-soluble substance
💻 Website: http://lactips.com
📍 HQ City: Saint-Paul-en-Jarez
🧗 Round: SERIES C
💰 Amount Raised: €16.0M
🏦 Investors: Bpifrance; GO Capital; SWEN Capital Partners; BNP Paribas Développement
👨💼👩💼 Founders: Fabrice Plasson; Frédéric Prochazka; Marie-Hélène Gramatikoff
🗞️ News: https://www.sustainableplastics.com/news/french-bioplastics-start-raises-eu16m-expand-americas-japan


📇 Company: Raidium
🔍 Description: Raidium develops the world's first foundation model for precision radiology, offering a multimodal AI-native PACS viewer with advanced imaging capabilities designed for clinical and research use.
💻 Website: www.raidium.eu
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €16M
🏦 Investors: Newfund; Kurma Partners; Founders Future; Galion.exe; Techmind; Debiopharm Corporate Ventures; European EIC Fund
👨💼👩💼 Founders: Dr. Paul Hérent (CEO); Pierre Manceron (CSO)
🗞️ News: https://www.frenchweb.fr/raidium-leve-16-millions-deuros-pour-devenir-le-copilote-des-radiologues/450085


📇 Company: The Marshmallow Project
🔍 Description: Uses AI to develop educational content for children via digital platforms
📍 HQ City: Marseille
🧗 Round: SEED
💰 Amount Raised: €10.0M
🏦 Investors: Balderton Capital; Kima Ventures; General Catalyst
👨💼👩💼 Founders: Cedric O; Flore Cousin; Nicolas Princen; Fréderic Bardeau
🗞️ News: https://sifted.eu/articles/cedric-o-the-marshmallow-project-news


📇 Company: Biolevate
🔍 Description: Biolevate is a VC-backed B2B startup harnessing synthetic biology to develop sustainable food alternatives
💻 Website: https://www.biolevate.com/
📍 HQ City: Paris
🧗 Round: SEED
💰 Amount Raised: €6.0M
🏦 Investors: Bpifrance; EQT Ventures; Mehdi Ghissassi
👨💼👩💼 Founders: Joel Belafa; Anas Laaroussi; Antoine De Torcy
🗞️ News: https://techcrunch.com/2024/11/25/biolevates-raises-e6m-to-helps-medical-writers-keep-up-with-the-pace-of-new-drugs/


📇 Company: TEEPTRAK
🔍 Description: Unleash the power of your production to connect, monitor, and optimize manufacturing processes
💻 Website: http://www.teeptrak.com/en/
📍 HQ City: Paris
🧗 Round: EARLY VC
💰 Amount Raised: €5.0M
🏦 Investors: XAnge; SHIFT Invest; Sia Partners; EDF
👨💼👩💼 Founders: Francois Coulloudon; Guillaume Artigue; Antonin Girard
🗞️ News: https://teeptrak.com/en/teeptrak-announces-e5-million-fundraising-to-drive-global-expansion-and-equip-industrial-manufacturers-of-all-sizes-and-across-all-sectors/


📇 Company: Argil
🔍 Description: Argil is a French generative AI startup that enables users to create realistic, multilingual video avatars, transforming text and audio content into engaging videos in minutes.
💻 Website: https://www.argil.com
📍 HQ City: Paris + San Francisco
🧗 Round: Pre-seed & Seed
💰 Amount Raised: €4.9M
🏦 Investors: EQT Ventures; Kwebblekop (YouTube Star); Charles Gorintin (Cofounder & CTO, Alan); Seedcamp; Axeleo
👨💼👩💼 Founders: Laodis Menard; Brivael Arzel
🗞️ News: https://www.frenchweb.fr/argil-leve-39-millions-deuros-pour-democratiser-la-video-personnalisee-pour-tous/450076


📇 Company: Kapsera
🔍 Description: Offers natural and innovative formulations for microbials-based biofertilizers and biopesticides
💻 Website: https://www.kapsera.com/
📍 HQ City: Bordeaux
🧗 Round: SERIES A
💰 Amount Raised: €4.2M
🏦 Investors: Demeter Partners; The Yield Lab; Banque des Territoires
👨💼👩💼 Founders: Édouard Duliège
🗞️ News: https://igrownews.com/kapsera-secures-e4-2m-funding-to-accelerate-industrialization-of-sustainable-microencapsulation-solutions


📇 Company: Darwin
🔍 Description: Darwin offers a biodiversity calculation engine, allowing nature teams to integrate biodiversity impact and dependency metrics into their software
💻 Website: https://darwindata.io
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount Raised: €1.5M
🏦 Investors: Astérion and Business Angels
👨💼👩💼 Founders: Cyprien Hallé; Aurore Falque-Pierrotin
🗞️ News: https://tech.eu/2024/11/28/biodiversity-startup-darwin-secures-eur15m-for/


📇 Company: Mago
🔍 Description: Provider of AI tools empowering creators to transform and stylise any video
💻 Website: https://www.mago.studio/
📍 HQ City: Paris
🧗 Round: SEED
💰 Amount Raised: €1.5M
🏦 Investors: Atlantic Labs
👨💼👩💼 Founders: Aleksandr Spirin; Alvaro Lamarche Toloza
🗞️ News: https://siliconcanals.com/french-startup-mago-raises-1-5m/


📇 Company: Les Cosmétiques Frais Freedge
🔍 Description: N/A
💻 Website: https://horeecosmetiques.com
📍 HQ City: Paris
🧗 Round: SEED
💰 Amount Raised: €0.33M
👨💼👩💼 Founders: Laurence Caisey


📇 Company: Kryll
🔍 Description: Kryll.io — Powerful Crypto Trading Bots for Binance, Kraken, Bittrex
💻 Website: http://kryll.io
📍 HQ City: Paris
🧗 Round: EARLY VC
💰 Amount Raised: $200,000
🏦 Investors: Google
👨💼👩💼 Founders: Luca Benevolo; Philippe Longère
🗞️ News: https://www.accesswire.com/945566/google-invests-200000-in-ai-powered-crypto-platform-kryll


📇 Company: Serenn
🔍 Description: La solution de pilotage de cabinet dentaire qui prend soin des dentistes
💻 Website: https://serenn.com
📍 HQ City: Gagnac-sur-Garonne
🧗 Round: SEED
💰 Amount Raised: N/A
🏦 Investors: Nubbo
👨💼👩💼 Founders: Marcel Mateescu


📇 Company: Efectis
🔍 Description: Tests materials for fire safety
💻 Website: https://www.efectis.com/en/
📍 HQ City: Saint-Aubin-sur-Mer
🧗 Round: SPINOUT
💰 Amount Raised: N/A
🏦 Investors: University of Ulster


📇 Company: Klart AI
🔍 Description: Enterprise-grade AI Assistant Connected to Company Knowledge & Tools
💻 Website: http://klartai.com
📍 HQ City: Paris
🧗 Round: SEED
💰 Amount Raised: N/A
🏦 Investors: Startup Wise Guys
👨💼👩💼 Founders: Erol Koseoglu; Noyan Bilge
🗞️ News: https://swipeline.co/sirketlere-yapay-zeka-asistanlari-sunan-klart-ai-tohum-oncesi-yatirimi-aldi/


📇 Company: I-TRACING
🔍 Description: Addressing customer needs for IT security and data protection
💻 Website: http://i-tracing.com
📍 HQ City: Puteaux
🧗 Round: GROWTH EQUITY VC
💰 Amount Raised: N/A
🏦 Investors: Eurazeo
👨💼👩💼 Founders: Laurent Charvériat


📇 Company: Moon
🔍 Description: Provider of solar energy solutions for rural areas in Africa
💻 Website: https://moon.community/
📍 HQ City: Bordeaux
🧗 Round: Series B
💰 Amount Raised: €7M (including €3.5M non-dilutive)
🏦 Investors: Kima Ventures; Raise Sherpas; Climate Club; Delmas; Business Angels
👨💼👩💼 Founders: Thomas Samuel
🗞️ News: https://www.pv-magazine.fr/2024/11/15/arrivee-dune-nouvelle-jeune-pousse-sur-le-marche-de-lautoconsommation-en-france/


📇 Company: Wally
🔍 Description: Online club-deal real estate investment platform
💻 Website: https://wally.co/
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount Raised: €1.7M (including €0.6M debt)
🏦 Investors: 50 Partners; Klub; INext; Business Angels
👨💼👩💼 Founders: Maxime Parpex; Nathan Zappelli
🗞️ News: https://startup-in-europe.com/2024/11/wally-raises-e1-7-million-to-develop-its-real-estate-club-deal-platform/


📇 Company: Volta
🔍 Description: Platform automating order processes between wholesalers and distributors in the logistics and distribution sectors
💻 Website: https://voltasoftware.com/
📍 HQ City: Milan and Paris
🧗 Round: Pre-Seed
💰 Amount Raised: €5M
🏦 Investors: Emblem; Founders Future; Exor Ventures; Ithaca Investments; Alecla7; Family Offices; Business Angels
👨💼👩💼 Founders: Paul Guillemin; Mario Parteli.
🗞️ News: https://techcrunch.com/2024/11/25/volta-a-shopify-for-b2b-transactions-raises-biggest-pre-seed-round-of-italy/


📇 Company: Oplit
🔍 Description: Oplit is a software platform specializing in planning and optimization for Industry 4.0, enhancing the resilience and performance of industrial sites.
💻 Website: https://www.oplit.com
📍 HQ City: Paris
🧗 Round: N/A
💰 Amount Raised: Undisclosed
🏦 Investors: Vi Partners; OSS Ventures; Newfund; Evolem; BACS Innov
👨💼👩💼 Founders: Thibaut Wilhelm (CEO)
🗞️ News: https://www.linkedin.com/feed/update/urn:li:activity:7267085960251674624/

Comments

Latest

French AI Research: April Synthesis
AI

French AI Research: April Synthesis

Topics: AI breakthroughs across medicine, law, and engineering—from outperforming neurologists in diagnosis to smart energy systems, legal term extraction, and translation—plus philosophical and cultural reflections on AI, media, fairness, and ethics.

Members Public