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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/

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