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The Big Deals 💣 : Tech solaire, Eodev, Upway, Bioserenity

Funding for sustainability and climate startups lead the latest batch of deals.

© Tech'Solaire

What: Tech Solaire, a solar energy distributor.

Why: To help accelerate the transition to clean energy.

Funding: €200 million

Who: Co-Founders Jérémie Lagarrigue & Victorien Erussard

Investors: Bpifrance & Groupe Credit Agricole

What's Next: The funding will enable the company to scale operations, R&D efforts, and amplify its international footprint.

What: Eodev, a manufacturer of hydrogen fuel cell power generators.

Why: To help accelerate the transition to clean energy.

Funding: €46 million

Who: Co-Founders Jérémie Lagarrigue & Victorien Erussard

Investors: Tilt Capital Partners, Supernova Invest, CapHorn, CMA CGM Ventures, Thelem Assurances, Accor, Groupe Monnoyeur, AMFIL, Toyota

What's Next: The funding will enable EODev to strengthen its leading position in the hydrogen fuel cell power generators market by financing its investment program, the expansion of its product range and the acceleration of its commercial development.

What: Upway, a market place for reconditioned electric bikes.

Why: To help speed up the adoption of electric bikes.

Funding: €27.5 million

Who: Co-Founders, Toussaint Wattinne & Stéphane Ficaja

Investors: Korelya, Sequoia Capital, Exor Ventures, Transition Venture

What's Next: The new funding will enable Upway to continue its French and international development (notably Germany & the US where it is already implanted), double the size of its French warehouse, invest in a new LA warehouse and grow its team ( 5 to 10 news devs and product managers).

What: Bioserenity, providers of diagnostic and treatment tools for sleep, neurological, and cardiological disorders.

Why: To provide medical access for everyone, everywhere by deploying mobile healthcare units, establishing a network of medical centers in different regions, and leveraging digital tools to enhance healthcare services.

Funding: €24 million

Who: Founder and CSO, Piere Jouin

Investors: Jolt Capital
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What's Next: Thanks to this funding, Bioserenity escapes liquidation. Starting afresh, the startup can now commercialize their latest product the "Neuronaute+" that has just been approved for sale in Europe and the United States.

What: Le Fourgon, a producer of returnable glass bottles and products.

Why: To help combat plastic waste.

Funding: €10 million
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Who: Co-Founders Charles Christory, Maxime Tharin & Stéphane Dessein

Investors: Id4 & Teampact, La Poste Ventures managed by XAnge, and several business angels. 
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What's Next: Fourgon will use the new cash to expand its geographical coverage, continuing developing its private label of returnable ranges of beverages, food and household products, develop its B2B offering and recruit new staff to support its growth. 

What: Defacto, an embedded B2B lending platform.

Why: To provide European SMEs with short term financing solutions

Funding: €10 million
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Who: Co-Founders Jordane Giuly, Morgan O'hana & Marc-Henri Gires

Investors: Headline, Northzone, Global Founders Capital, Citi Ventures, Motier ventures
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What's Next: The fintech will use the new money to significantly expand its influence in the European market, especially in Germany.

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