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French Tech Funding Wire September 26: Waat, Nxtfood, Goodvest & More!

Between September 22 and September 26, a total of 23 companies raised €€271.8M, including: Lithium de France, StemInov, Groupe Akacia, Futurail, Juisci, Vocca, Rippletide, Igonogo, Kikleo, Abby, Sonomind, Chat3D, Elmut, Gigi, Seaturns, 2501.ai, PikkoPay, Enakl, and All In Box.

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  • Biggest Round: Waat (€100M), followed by Nxtfood (€49M) and Lithium de France (€40M).

Sector Diversity:

  • Climate & Energy: EV charging (Waat), geothermal & lithium (Lithium de France), wave energy (Seaturns).
  • AI / Software: Health AI (Juisci, Vocca), enterprise AI infra/agents (Rippletide, 2501.ai), emotion AI (Igonogo), 3D generative AI (Chat3D), AI marketing (All In Box).
  • Fin/Insur/Wealth: Sustainable investing (Goodvest).
  • Mobility & Rail: Autonomous trains (Futurail), urban bus-sharing (Enakl).
  • Food & Ag/Foodtech: Plant-based foods (Nxtfood), food-waste analytics (Kikleo).
  • Services & Infra: Energy/digital transformation (Groupe Akacia).
  • Medtech/Biopharma: Stem cell therapies (StemInov), ultrasound neuromodulation (Sonomind).
  • Social/Networking: Pro networking app (Gigi).
  • Geographic Focus: Predominantly France (Paris, Bordeaux, Strasbourg, Grenoble, Lyon, Dijon, etc.), with cross-border angles: Franco-German (Futurail), Morocco (Enakl HQ in Casablanca), and U.S. presence/relocation (Gigi; Rippletide Paris + San Francisco).

📇 Company: Waat
🔍 Description: French startup specializing in the installation and management of electric vehicle charging stations in co-owned buildings, social housing, and office complexes. Waat has deployed over 20,000 charging points and offers a proprietary app to simplify use, optimize charging costs, and enable smart features such as load shifting and solar integration.
💻 Website: https://waat.fr/
📍 HQ City: Paris
🧗 Round: Growth
💰 Amount Raised: €100M
🏦 Investors: DWS Group (lead), Bpifrance, Raise Impact, existing investors
👨💼👩💼 Founders: Patrick Kic (President)
🗞️ News: With 300 employees and €70M in annual revenue, Waat has been EBITDA positive for three years. The company plans to expand into the UK, Belgium, Poland, and Switzerland, accelerate digitalization and AI adoption, strengthen customer services, and invest in energy storage solutions with Renault’s second-life batteries. The fresh capital will fund international expansion, new hiring (including maintenance roles), the integration of AI for enhanced services, and the development of advanced charging solutions aligned with renewable energy production. | Le Figaro


📇 Company: Nxtfood (brand: Accro)
🔍 Description: French foodtech startup producing 100% plant-based meat and seafood alternatives using wet extrusion technology. Its brand Accro offers over 20 products, from nuggets and charcuterie to plant-based sole meunière, available in major supermarkets and 10,000+ foodservice outlets across France.
💻 Website: Not provided
📍 HQ City: Vitry-en-Artois, Hauts-de-France, France
🧗 Round: Growth
💰 Amount Raised: €49M
🏦 Investors: Creadev (lead, now majority shareholder), Roquette Ventures, Clay Capital, IRD Invest
👨💼👩💼 Founders: Renaud Saïsset (President)
🗞️ News: The company tripled its revenue in 2024 and aims to reach profitability within 12–18 months. With this round, Nxtfood will triple the size of its production site, accelerate commercial and marketing efforts in France and Europe, and continue expanding its product line. The funding will boost industrial capacity, strengthen R&D, expand international sales, and support Nxtfood’s mission to make plant-based alternatives more accessible, tasty, and competitively priced with meat.| Maddyness


📇 Company: Lithium de France (subsidiary of Arverne Group)
🔍 Description: French pioneer in low-carbon geothermal heat and lithium production. The company develops geothermal solutions to supply heat to businesses, farmers, and local authorities while producing lithium for electric mobility, supporting the energy transition.
💻 Website: www.lithiumdefrance.com
📍 HQ City: Haguenau, Alsace, France
🧗 Round: Series B2
💰 Amount Raised: €40M
🏦 Investors: Arverne Group, Equinor Ventures
👨💼👩💼 Founders: Pierre Brossollet (Founder & CEO of Arverne Group; parent company)
🗞️ News: The funding supports Lithium de France’s entry into the pre-industrial phase, including first drilling operations, a Direct Lithium Extraction (DLE) demo plant, and Front-End Engineering Design (FEED) as part of its Definitive Feasibility Study. The capital structure post-transaction: Arverne Group (64.58%), Equinor Ventures (24.40%), Hydro Energy Invest AS (9.25%), Management (1.86%). The financing will help scale Lithium de France’s geothermal and lithium projects, advance DLE technology deployment, and mature the supply chain for sustainable lithium production in Europe. | PR


📇 Company: Goodvest
🔍 Description: Paris-based fintech offering sustainable savings and investment products (life insurance, retirement plans, savings accounts, and private wealth management) fully aligned with the Paris Agreement, excluding harmful industries such as fossil fuels, tobacco, and arms.
💻 Website: www.goodvest.fr
📍 HQ City: Paris, France
🧗 Round: Series B
💰 Amount Raised: €12M
🏦 Investors: Serena (lead, via InnovAllianz III), Ring Capital, Polytechnique Ventures, AG2R La Mondiale, Globivest
👨💼👩💼 Founders: Joseph Choueifaty (CEO), Antoine Bénéteau, Aurore Pinon-Jacques
🗞️ News: Goodvest has reached 200M€ in assets under management with 15,000 clients and aims for €1B AUM by 2027. The company will expand its team, strengthen private wealth management offerings, and develop new ecological and social impact savings solutions. The fresh capital will accelerate hiring, expand product innovation, and support strategic partnerships, enabling Goodvest to further scale its mission of decarbonizing French savings while driving both financial returns and measurable impact. | Maddyness, TechEU


📇 Company: StemInov
🔍 Description: Biopharmaceutical company pioneering mesenchymal stem cell-based therapies for severe inflammatory and autoimmune diseases, with a lead candidate WhartSep® targeting complications from severe pneumonia.
💻 Website:
📍 HQ City: Illkirch, Alsace, France
🧗 Round: Early Stage
💰 Amount Raised: €10.6M
🏦 Investors: Angels Santé, Business Angels des Grandes Écoles, Alsace Business Angels, Codexial, Finovam Gestion, ILP, with public support from France 2030 (via Bpifrance) and the European Regional Development Fund (FEDER)
👨💼👩💼 Founders: Julie Hutin (CEO), Danièle Bensoussan (Co-founder)
🗞️ News: The funds will support the setup of a GMP-compliant bioproduction platform, regulatory validation, and the launch of a Phase I/IIa clinical trial for severe pneumonia complications in late 2026. StemInov will use the capital to scale industrial production capabilities, advance its WhartSep® stem cell therapy into first-in-human trials, and expand its dual strategy of therapeutic development and contract bioproduction. | MyPharma


📇 Company: Groupe Akacia
🔍 Description: Fast-growing French company specializing in energy and digital transformation services, aiming to become a national leader in addressing major energy transition and digital challenges.
💻 Website: https://groupe-akacia.fr/
📍 HQ City: Dijon, France
🧗 Round: Growth round (equity + structured debt)
💰 Amount Raised: €8M (including €3.5M equity and €4.5M structured loans)
🏦 Investors: Elevation Capital Partners (equity), BNP Paribas, Crédit Agricole Champagne-Bourgogne, LCL Dijon, Caisse d’Epargne Bourgogne Franche-Comté (debt partners)
👨💼👩💼 Founders: Yoann Faivre
🗞️ News: The funds will accelerate Akacia’s build-up strategy to consolidate its national footprint and strengthen its position as a reference player in energy and digital transition. | Inter Invest


📇 Company: Futurail
🔍 Description: Franco-German deep-tech startup developing autonomy technology for self-driving trains. Its FUTURAILDriver stack retrofits existing trains or integrates into new builds, handling full train control with lidar, radar, and camera sensors optimized for mainline and branch rail operations.
💻 Website: https://www.futurail.com/
📍 HQ City: Strasbourg (France) & Munich (Germany)
🧗 Round: Seed
💰 Amount Raised: €7.5M (including €5.5M in seed capital, €1M in public grants, €1M pre-seed)
🏦 Investors: Asterion Ventures, Leap435, EIT Urban Mobility, Zero Infinity Partners, Heroic Ventures
👨💼👩💼 Founders: Alex Haag (CEO, ex-Tesla Autopilot lead), Dr. Patrick Dendorfer (CTO), Maximilian Schöffer (CCO)
🗞️ News: Funding will accelerate team growth, regulatory certification, and scaling of commercial pilots into large-scale operations under a Driver-as-a-Service model across Europe and the U.S. over the next 3–5 years. Futurail will use the capital to expand its team, fast-track safety and regulatory approvals, and transition pilot programs into certified large-scale deployments. The company aims to establish its Driver-as-a-Service licensing model, enabling rail operators to run more trains more efficiently while addressing the industry’s critical driver shortage. | TechFundingNews

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📇 Company: Juisci
🔍 Description: Paris-based HealthTech startup transforming how healthcare professionals access scientific knowledge through an AI-powered, mobile-first SaaS platform that delivers digestible summaries, recommendations, and multimedia formats.
💻 Website: www.juisci.com
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €5.5M
🏦 Investors: Big Pi Ventures (lead), Ring Capital, Bpifrance, strategic business angels
👨💼👩💼 Founders: Robin Roumengas (CEO), Dr. David Luu (Co-founder)
🗞️ News: The funds will be used to boost R&D, expand the team, and accelerate international expansion with a strong focus on the U.S. market. Juisci already serves 200,000+ users in 60 countries, including major pharma, MedTech, and healthcare organizations. Juisci will use the capital to strengthen its proprietary AI, grow its global presence, and scale its platform as a trusted knowledge ally for healthcare professionals, enabling them to save time, combat misinformation, and advance medical progress. | EU Startups


📇 Company: Vocca
🔍 Description: Startup developing an AI-powered receptionist specialized for healthcare. Vocca automates phone call handling, appointment scheduling, reminders, and patient interactions for clinics and medical centers.
💻 Website: vocca.ai
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €4.7M
🏦 Investors: Speedinvest, firstminute capital, Nina Ventures, FJ Labs, and the founders of Alan, Deel, Jellysmack, and Datadog
👨💼👩💼 Founders: Eliott Hoffenberg, Hugo Danet
🗞️ News: This funding will support the industrial and clinical scaling of Vocca’s AI receptionist solution for healthcare. Vocca plans to expand its product’s deployment in medical centers, strengthen regulatory and clinical validation, and scale operations to meet the growing demand for patient-interaction automation in the health sector. | L'Usine Digitale


📇 Company: Rippletide
🔍 Description: Startup building an AI “Reasoning Database” to eliminate hallucinations in enterprise AI agents, enabling explainable, reliable autonomous agents for workflows.
💻 Website: rippletide.com
📍 HQ City: Paris + San Francisco
🧗 Round: Seed
💰 Amount Raised: €4M
🏦 Investors: OneRagtime, business angels
👨💼👩💼 Founders: Patrick Joubert (CEO), Yann Bilien (Chief Scientist)
🗞️ News: Rippletide has launched in the U.S. and is positioning its hypergraph-based architecture to prevent AI hallucinations in agent workflows. The company aims to push its enterprise-grade AI agents into production use, scale globally (especially in the U.S.), and deliver reliable, explainable AI behavior in mission-critical workflows. | Les Echos, Maddyness


Florian Loeser et Candice François, cofondateurs d'Igonogo

📇 Company: Igonogo
🔍 Description: Grenoble-based deeptech startup specializing in fine-grained emotion measurement using neuroscience and AI-powered algorithms. Its technology enables real-time emotional analysis for applications in marketing, market research, and beyond.
💻 Website: Not provided
📍 HQ City: Grenoble, France
🧗 Round: Series A
💰 Amount Raised: €4M
🏦 Investors: French family offices (undisclosed names)
👨💼👩💼 Founders: Candice François, Florian Loeser
🗞️ News: The funding will allow Igonogo to accelerate its growth from startup to scale-up, expand internationally, and strengthen its R&D efforts in predictive neuroscience and AI. Supported by Grenoble’s strong innovation ecosystem (CEA, Leti, Grenoble INP, STMicroelectronics, Soitec), the company is positioning itself as a key player in emotional AI for MarTech. Igonogo will expand its commercial presence in Europe and globally, recruit new R&D talent, enhance its emotion-analysis algorithms, and scale its product for wider adoption in the marketing and research industries.


From left to right: Martin d’Agay (CEO), Vincent Garcia (COO), and Jean Dussaix
From left to right: Martin d’Agay (CEO), Vincent Garcia (COO), and Jean Dussaix

📇 Company: Kikleo
🔍 Description: French foodtech startup using AI and data analysis to measure and reduce food waste in restaurants. Its patented camera-based solution tracks production waste in kitchens and leftovers on plates, providing actionable insights to improve sustainability and cut costs.
💻 Website: www.kikleo.com
📍 HQ City: Paris, France
🧗 Round: Seed / Early stage
💰 Amount Raised: €3.5M
🏦 Investors: Newfund (lead), Bpifrance, historical shareholders; supported by Avelana
👨💼👩💼 Founders: Martin d’Agay (CEO), Vincent Garcia (COO), joined by Jean Dussaix in 2023
🗞️ News: Kikleo already works with 250+ restaurants (schools, healthcare, companies, etc.) and has analyzed over 5 million meals, achieving up to 65% waste reduction and €50,000 in annual savings per site. The new funding validates the scalability of its model and supports international growth. The capital will accelerate Kikleo’s deployment in France, expand into Europe and the U.S., enhance its AI-powered platform (impact dashboards, integrations), and strengthen technical and operational teams.


📇 Company: Abby
🔍 Description: SaaS platform for independent professionals (freelancers, auto-entrepreneurs) that centralizes billing, accounting, payment, URSSAF declarations, project management, etc.
💻 Website: Abby
📍 HQ City: Nancy
🧗 Round: Seed
💰 Amount Raised: €3M
🏦 Investors: Tomcat, One Green, Kima Ventures
👨💼👩💼 Founders: Nicolas Lespinasse, Benjamin Gardien, Corentin Allemand, Jérémy Dieuze
🗞️ News: Abby aims to become the top platform for independents, using the €3M funding to expand its product offering and grow its user base across France and potentially Europe. | LinkedIn


📇 Company: Sonomind
🔍 Description: Paris-based medtech developing a non-invasive, ultrasound-based neuromodulation device that precisely targets deep brain regions to treat psychiatric and neurological disorders, starting with drug-resistant depression.
💻 Website: www.sonomind.com
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €3M (€2M equity + €1M non-dilutive Bpifrance Deeptech aid)
🏦 Investors: Critical Path Ventures (lead), Bpifrance (France 2030 initiative)
👨💼👩💼 Founders: Jérémy Bercoff (CEO & Co-founder), Prof. Mickael Tanter, Prof. Jean-François Aubry
🗞️ News: The funds will support the launch of clinical trials in drug-resistant depression, accelerate development of Sonomind’s personalized therapy platform, and build on more than 25 years of academic research at Inserm, ESPCI Paris – PSL, and CNRS. Sonomind will use the capital to advance its mission of providing safe, precise, and side-effect-free neuromodulation therapies for millions suffering from depression and other neurological disorders. | Pharmiweb


📇 Company: Chat3D
🔍 Description: Lyon-based deeptech startup developing generative AI technology that instantly transforms photos, sketches, or text into ready-to-use 3D models for gaming, animation, VR, industrial applications, and 3D printing. The solution is available as a web app, an enterprise API, and bespoke services for large clients.
💻 Website: https://chat3d.ai/
📍 HQ City: Lyon, France
🧗 Round: Seed
💰 Amount Raised: €3M
🏦 Investors: Mesh Ventures, Campus Fund, Innov’Alpes, Bpifrance, and business angels
👨💼👩💼 Founders: Félix Balmonet (CEO), Glenn Avezoux (CTO)
🗞️ News: Already adopted by video game studios, industrial firms, and independent creators, Chat3D is preparing to launch a consumer-facing version with free and premium features. The startup, labeled DeepTech by Bpifrance and partnered with Nvidia, aims to make 3D creation accessible to all. The new capital will help Chat3D grow its team, accelerate product launches, expand internationally (North America and Asia), and reinforce its R&D on ethical, sovereign AI models trained with controlled datasets.


📇 Company: Elmut
🔍 Description: French fresh pet food brand offering subscription-based, gently cooked meals and treats for dogs and cats, made in France with human-grade ingredients and minimal processing.
💻 Website: https://elmut.fr/
📍 HQ City: Paris
🧗 Round: Seed
💰 Amount Raised: €3M
🏦 Investors: Private investors including The Moon Venture community
👨💼👩💼 Founders: Maxime Cadin, Martial Dargent, Claudine
🗞️ News: Elmut will use the funds to expand its range with new recipes and healthy treats, strengthen its scientific research with a multidisciplinary committee of veterinarians and nutrition experts, and accelerate recruitment to support growth. The brand has already served over 60,000 pets in France and nearly tripled revenue in 2024, positioning itself as a leader in fresh pet food.


📇 Company: Gigi
🔍 Description: AI-powered professional social networking app aiming to be “LinkedIn 2.0,” leveraging AI to analyze users’ connections, calendars, and online presence to surface relevant, high-value introductions and foster meaningful professional relationships.
💻 Website: https://gigi.co/
📍 HQ City: Originally Paris, relocating to San Francisco, USA
🧗 Round: Seed extension
💰 Amount Raised: $3M (extension to $5M seed round in 2023)
🏦 Investors: Khosla Ventures (latest); previous backers include Sequoia Capital, OpenAI, DST Global, Monashees
👨💼👩💼 Founders: Clara Gold (Founder & CEO)
🗞️ News: The extension provides 18 months of runway as Gigi doubles down on the U.S. market, hires an engineering team in San Francisco, and continues developing its AI-driven networking platform. The fresh capital will support Gigi’s U.S. relocation, product iteration, and team expansion, with the goal of scaling its professional networking platform to rival established players like LinkedIn. | Sifted, Sifted


📇 Company: Seaturns
🔍 Description: French greentech startup developing an innovative wave energy converter—a floating horizontal cylinder with an internal pendulum system that transforms wave motion into air pressure to drive turbines, generating clean electricity. The technology offers high energy density, stable power, and minimal environmental impact.
💻 Website: www.seaturns.com
📍 HQ City: Bordeaux, France
🧗 Round: Crowdfunding/Early-stage
💰 Amount Raised: €2.45M (from 1,543 investors)
🏦 Investors: Crowdinvestors via Keenest platform (1,543 individual backers)
👨💼👩💼 Founders: Lawrence Sigaud (Deputy CEO), Renan Labrunie (COO)
🗞️ News: Seaturns’ wave energy system has shown “outstanding results” in 18 months of real-world testing. The company plans to industrialize its technology and prepare for large-scale deployment. The capital will be used to advance industrialization, accelerate commercial deployment at scale, and position Seaturns as a major clean energy provider capable of creating hundreds of thousands of jobs and powering millions of homes sustainably by 2050. | The Cooldown


📇 Company: 2501.ai
🔍 Description: French startup developing autonomous AI agents for IT/Cloud infrastructure maintenance, enabling automated detection, diagnosis, remediation of incidents, compliance checks, and security updates. Its sovereign, modular, and secure platform reduces MTTR, lowers operating costs, and increases system availability.
💻 Website: https://www.2501.ai/
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €2M
🏦 Investors: Galion.exe, KFund, KIMA Ventures, Bpifrance, business angels from Meta and IBM
👨💼👩💼 Founders: Alexandre Pereira, Alex Zhuk
🗞️ News: With this funding, 2501.ai will accelerate recruitment in AI applied to observability, remediation, and real-time event management, while launching commercial operations across Spain, UK, and Germany. The company positions itself as a sovereign European alternative in IT/Cloud automation for critical infrastructures.


📇 Company: PikkoPay
🔍 Description: French retailtech startup offering a mobile checkout solution that eliminates queues in stores. Using a QR code, shoppers can scan items, pay via web app, and exit through a dedicated fast lane without going through a traditional checkout.
💻 Website: https://www.pikkopay.fr/
📍 HQ City: France (Hauts-de-France region)
🧗 Round: Seed
💰 Amount Raised: €1.5M
🏦 Investors: Finovam Gestion (lead), Ventures by Delaware, business angels
👨💼👩💼 Founders: Alexandre CHEN, Vincent TERRASSE
🗞️ News: Already deployed in over 30 supermarkets in the Hauts-de-France, PikkoPay will use this funding to accelerate the rollout of its cashierless payment solution across more retail locations. The capital will be used to scale deployments, enhance product capabilities, and expand partnerships with retailers, helping PikkoPay transform the in-store shopping experience. | Planet Fintech


📇 Company: Enakl
🔍 Description: Moroccan-French urban mobility startup providing a bus-sharing service on fixed routes, designed to offer affordable, reliable, and sustainable transport options for daily commuters.
💻 Website: https://www.enakl.com
📍 HQ City: Casablanca, Morocco
🧗 Round: Pre-seed
💰 Amount Raised: $1.4M
🏦 Investors: Catalyst Fund (lead), Renew Capital, Digital Africa, Station F, plus 15 angel investors
👨💼👩💼 Founders: Samir Bennani, Charles Pommarede (French founder); Ahmed Omrane joined later as associate CTO
🗞️ News: Enakl is already handling over 15,000 ride bookings per month in Casablanca with ~20% monthly growth. The funding will be used to enhance Enakl’s technology (e.g. AI-driven route optimization), expand into new cities across North Africa and the broader African continent, deepen its impact in Casablanca, and scale operations to meet growing commuter demand. | Tech In Africa


📇 Company: All In Box
🔍 Description: French startup specializing in AI-powered automated marketing solutions for physical retailers, shopping centers, tourist sites, and leisure venues. Its intelligent assistant helps businesses improve customer communication, visibility, and profitability.
💻 Website: www.allinbox.com
📍 HQ City: Grand Est, France
🧗 Round: Seed
💰 Amount Raised: €1M+
🏦 Investors: Yeast (lead), Alsace Business Angels (ABA), Groupe ILP
👨💼👩💼 Founders: Vincent Arnould, Stéphane Wagner
🗞️ News: The funding will support All In Box’s expansion across France and Europe, strengthening its presence in shopping centers, tourist sites, and independent retail. The company will invest in branding, recruitment (aiming for 40 hires in coming years), and market positioning as the go-to AI marketing assistant for physical commerce. | Yeast PR

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