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Hot seed deals 🔥: Recyc'Elit, Osiris, Semana, Fentech

Impact companies focused on the environment and diversity lead the latest batch of early-stage investments.

Recyc'Elit co-founders Karim & Raouf Medimagh
Recyc'Elit co-founders Karim & Raouf Medimaghc

What: Recyc'Elit, a selective polyester and plastic recycling solution with a low carbon footprint

Why: to recycle all types of polyester-based textiles and various PET (Polyethylene Terephthalate) plastic waste (colored, opaque, etc.) that is usually difficult to recycle

Funding: €3.2 million

Who: Founder brothers Karim Medimagh & Raouf Medimagh  

Investors: Demeter, Banque des Territoires, Crédit Agricole Création, and various Business Angels
What's Next: The new money will be used to launch the industrialization of the selective recycling solution.

What: Osiris, a robot irrigator for potatoes and vegetables

Why: to assist farmers in optimizing irrigation, fertilization, and crop protection.

Funding: €2.1 million
Who: Co- founders Henri Desesquelles, Rodolphe Cockenpot & Léon Guyard

Investors: Finovam Gestion, Nord France Amorçage, BACS-Innov, Gufra Somme & various Business Angels
What's Next: Osiris will use the new money to industrialize the production of its robot, Oscar, hire new employees and set up distribution networks to deploy its solution throughout France and Europe.

What: Semana, a connected workspace management platform simplifying flex working.

Why: to strengthen the connection and collaboration within hybrid organizations

Funding: €1.5 million
Who: Co- founders Albert Reynaud & Nicolas Cosme

Investors: Faraday VP, SuperCapital, Onegreen and several Business Angels including Guillaume Sarkozy & Jean-Luc Barbier
What's Next: the startup will use the new cash to continue its expansion into the French market.

What: Fentech, produces AI-based sales forecast automation software, Clairvoyant.

Why: to provide retail business teams with the most reliable forecasts possible to allow them to better manage their inventory and facilitate decision-making processes.

Funding: €1.2 million
Who: Co-founder brothers Fayçal Djerrab, Mohamed Djerrab & Moussab Djerrab

Investors: Elaia, Bpifrance and various Business Angels
What's Next: the new money will be used for R&D and to scale commercial efforts to help retailers face their daily challenges.

What: Goodrecruiter, an online executive and expert recruitment firm made up of certified independent recruiters

Why: to create a strong network of high-quality entrepreneur recruiters who share common values and are committed to providing an ethical recruitment service.

Funding: €1 million
Who: Founders, Arnaud Lacassagne & Aymeric Ouizille

Investors: 2 Business Angels, including Frédéric Noyer, ex-President of Groupe Ergalis
What's Next: Goodrecruiter aims to establish itself quickly in the French market while initiating its internationalization. The team also plans to launch an ethical recruitment label in the coming months.

What: 50 inTech, an online platform and community that matches women with inclusive tech companies

Why: to facilitate the connection of female talents with businesses and promote entrepreneurship and bring diversity, equality, and inclusion into the tech industry.

Funding: €1.5 million
Who: Founders, Julien Londeix & Caroline Ramade

Investors: Inco Investissements, Super Capital, Altalurra, AIV Ventures & various renowned Business Angels such as Corinne Vigreux (Tom Tom co-founder), Florian Douetteau (Daitaiku), Alexandre Fretti (Malt) & Gimena Dias (ex Paypal Europe)
What's Next: the startup will use the money to further develop its tool and tech and expand its team.

What: Waro, a SaaS carbon calculation platform.

Why: to measure, reduce and communicate the environmental impact of products.

Funding: €1 million
Who: Founders Paul Cappuccio, Michel Richard, Adrien Esnault, and Alexandre Alves

Investors: several Business Angels including Lucie Basch (Too Good To Go), Clément Alteresco (Morning), Jean Despax (Movinmotion) and Eric Mahé (ex-Axeleo)

What's Next: Waro will continue its commercial expansion in France. It also plans to recruit 10 employees by year-end, doubling the size of its team.

What: Reemo, a streaming collaboration platform facilitating remote work.

Why: to provide remote workers with high-quality ultra-rapid desktop solutions via streaming, thereby facilitating the recruitment of remote tech and sales talents

Funding: € 500,000
Who: Founder Yann Fourre

Investors: Business Angels (undisclosed)
What's Next: Reemo will use the cash to fuel its rapid expansion in France and internationally.