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Dealflow France is the best way to follow the French startup and VC ecosystem.

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Startup funding news 💸

Rounds of €20M+:

• Riot raises $30M to enhance its employee cybersecurity platform. The funds will support AI-driven security posture management and expand its international reach.

• Stockly raises €26M to enhance its stock pooling network. The funds will support the expansion of its platform for e-commerce, enabling better product availability and faster transactions.

Rounds €10M to €20M:

• ThePackengers raises €14M to optimize logistics for fragile items. The funds will support a C2C app, new logistics centers, and AI technology enhancements.

• SUPERBRANCHE raises €13M to advance cancer treatment with nanotechnology. The funds will support a pilot plant and preclinical research for theranostic nanoparticles.

Rounds €5M to €10M:

• REEV raises €8.8M for portable robotic mobility assistance. The round was led by Newfund Heka, Polytechnique Ventures, and Irdi Capital. The funds will support DREEVEN's design and clinical trials.

Rounds €1M to €5M:

• NETRI inaugurates France's first organs-on-chip plant and raises €5M. The funds will support scaling production and advancing drug development.

• SIRIUS NEOSIGHT raises €4.4M to develop its oncology prediction platform. The round was led by GO CAPITAL and DEMETER, with other investors participating.

• Histovery raises €4M to expand its immersive AR solutions for cultural sites. The funds will support international growth, including an exhibition on the American Revolution.

• Revolte raises €4M to accelerate electric vehicle repairs. The round was led by Macif and Groupe IMA, with participation from BPI. The funds will support expansion and R&D.

• Neuralk-AI raises $4M to personalize retail with AI. The funds will enhance predictive analysis and customer experience for major retailers.

• Mantle8 raises €3.4M to map natural hydrogen using AI, with support from Breakthrough Energy Ventures and Kiko Ventures.

• EPYR raises €3M for thermal energy storage. The round was co-led by AENU and Daphni, with OVNI Capital and WEPA Ventures participating. The funds will support industrial-scale pilots and technology advancement.

• Lyv Healthcare raises €2.6M to develop the Lyv Endo app for managing endometriosis. The funds will support e-health solutions for chronic women’s health.

• Crown raises €2M to automate procurement processes using AI-driven e-auctions and predictive analysis. The funds will help streamline the entire purchasing cycle and improve supplier negotiations.

• CountAct raises €1.3M to expand its crisis management solution for schools and businesses. The round was led by Grenoble Angels, with 50 Partners and Kapa Invest.

• Fraktion raises €1.1M to expand its blockchain real estate investment platform. The funds will drive B2B2C growth and target 60 clients in 2025.

• ExtraJool raises €1M to launch its patented "Heat to Power" technology for recycling industrial waste heat. The round was led by Bordeaux Technowest, with other investors participating.

M&A transactions 🎊

Choco acquires Goot with advice from August Debouzy, expanding its AI-driven supply chain solutions in the food and beverage industry.

BCTG Avocats assisted Okaveo Group in acquiring Crop & Co and Okaveo to drive innovation and streamline procurement with technology.

Jems has acquired Dats'up and Perl to accelerate innovation and streamline data management with AI-driven solutions in the big data sector.

Dataventure acquires The Ramp to strengthen its position in multilocal advertising, enhancing its offerings for local marketing strategies with new tools and technology for digital strategies.

NaturaBuy and Ultimate Fishing merge to create a €140M revenue leader in the outdoor sector, combining GoldFish's fishing expertise with NaturaBuy's digital marketplace.

Investor & accelerator news 🚀

Bpifrance plans to invest €10B in France's AI ecosystem by 2029, focusing on AI startups, infrastructure, and hardware to boost France’s global AI leadership.

Lita launches Lita Gestion, a fund targeting €60M, with €30M in initial closings. It will invest in startups focused on energy, sustainable agriculture, and responsible consumption.

Emblem closes €80M fund to support pre-seed and seed startups, investing €500K to €3M in tech and green sectors across Europe.

Agreen Lab'O in Orléans has earned the Living-Lab Greentech label, boosting its role in green tech innovation. The hub aims to attract new companies, focusing on environmental sustainability and supporting startups in the sector.

Ramify's X Fund combines private, public, and alternative investments, targeting 7-10% annual returns over 5-10 years. It offers quarterly liquidity after three years and is accessible from €100,000.

Startup news 💡

Wandercraft launches a clinical trial for its Personal Exoskeleton to enable autonomous walking in spinal cord injury patients. The trial is held at James J. Peters VA Medical Center and Kessler Institute.

Big company & policy news 💡

French authorities opened a fraud investigation into Binance for money laundering, tax fraud, and other charges related to drug trafficking. Binance denies the allegations and plans to contest them, while the investigation covers activities from 2019 to 2024.

French Tech Finance Partners released its latest report highlighting the challenges and opportunities for boosting IPOs in France and Europe. It offers 10 strategic recommendations to ease capital exits and strengthen the tech innovation ecosystem, emphasizing the need for more liquidity and greater access to European stock markets.

Interesting reads 💡

🇺🇸 Michel Lieben, founder of ColdIQ, discussed the dominance of US sales software platforms like Salesforce and LinkedIn, while highlighting European competitors such as Instantly.ai, FullEnrich, and Genesy that are gaining traction in the sales SaaS market.

🇫🇷 Alexandre Berriche, founder of Fleet, discussed the importance of work ethic in French tech. He stressed that success relies on discipline, passion, and hard work, not just the startup lifestyle. At Fleet, prioritizing work ethic helped drive the company's growth.