Search results for: bpifrance
Recessions & Revolutions: France's Balancing Act.
Photo: Uber protests earlier this year in Madrid. Once again I find myself face-to-face with a digital culture clash. It’s nearly impossible to imagine that Rude Baguette readers haven’t been following as images, videos, news reports, and responses concerning the taxi protest against Uber have reached a new peak. 18 months ago, I wrote about […]
IoT Specialist Actility raises $25 Million from Ginkgo Ventures, Foxconn & Orange
It’s seems to be a big week for IoT fundraising – Actlity, a network specialist building IoT solution on top of LoRaWan (Low Power Wide Area Network) has announced a $25 Million fundraising led by Ginkgo Ventures, with participation by FoxConn, Orange, KPN, and also its traditional investors BPIFrance, IDinvest & Truffle Capital. Actility has built a […]
The Rebirth of French Venture Capital
Change is an important part of any ecosystem. A forest fire may seem like a natural disaster that only causes destruction; however, it is the disappearance of older, larger trees that allows for younger ones to receive sunlight, and for seeds to sprout up from the ashes. Such is the Venture Capital ecosystem, and in France, the […]
Drivy raises €8 million and acquires competitor Buzzcar
A little under a year after having closed a €6 million round, car sharing startup Drivy has raised a second round, this time at €8 million. For their latest round Via-ID (investment fund of Mobivia Group) and BPIfrance joined the round, with previous investors Alven Capital and Index Ventures reinvesting. Via-ID’s coming board as investor was precipitated […]
Partech Ventures announces the Biggest European Seed Fund. Ever.
Partech Ventures announced this morning that they have closed a new €60 Million Seed Fund – Partech Entrepreneur II – with LPs including BPIFrance, seven corporations (Carrefour, Econocom, EdenRED, Groupama, Ingenico, Neopost, Renault-Nissan), as well as 50 entrepreneurs, including Eric Carreel (Withings), Marc Menasé (Menlook – a Partech investment) & Oliver Goy (Lendix). The fund will […]
Augure raises €15 million to launch in NYC, further expand in Europe
Marketing software startup Augure has announced that they’ve just closed a 15 million euros round with their previous investors, Serena Capital, Aumndi Private Equity Funds, Ventech, and OTC Agregator, with two new investors, Seventure and Bpifrance, joining the round. This brings the total amount of funds they’ve raised to €23 million, having closed an €8 million round in 2008. […]
Europe's War against US Tech Giants is seeing increasing Friendly Fire incidents
It’s not news that France is in a hot war against digital US companies – even Barack Obama is in the loop. The two-fold motivation of foregone tax revenue for the government by digital goods being sold from tax havens, as well as the foregone revenue by incumbent local leaders who are seeing their very way […]
Kelbillet expands to the UK with launch of pan-European brand Gopili
In just under five years, Kelbillet has grown massively from a site to sell unwanted train tickets to become the leading travel search engine in France. Unlike sites like Expedia, Travelzoo, Travelocity or even SNCF, Kelbillet’s biggest strength is that they help you figure out how to get from point A to point B domestically on […]
Partech announces first closing of its €300 Million Series B/C Fund
This week in Paris, French VC fund Partech Ventures announced it has closed €200 Million from investors including Carrefour, Renault, Ingenico, Bpifrance & others for a fund that is capped at €300 Million. The fund will be used to make investments in Mid-Stage startups – typically $12 – $50 Million investments. Partech’s been on fire since they raised their […]
With a 2015 IPO on the roadmap, is Teads really the next Criteo?
AdTech startup Teads announced that it has raised €12 Million from BPIFrance and existing investors, and has raised €12 Million in debt from various banks – HSBC, BNP Paribas, BPIFrance, and Bank of China. The new round of investment comes almost a year after the company announced its merger with eBuzzing, stating then that they will […]