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Corporate learning platform 360Learning raises $200 million
Corporate learning platform 360Learning raises $200 million
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Corporate learning platform 360Learning raises $200 million

– 360Learning, a French e-learning company, raised $50m funding.
– The round was led by Bpifrance’s Large Venture fund and joined by XAnge and Educapital.
– Existing investors also participated in the round.
– The company plans to hire more people, expand to new markets and make some acquisitions.

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Provepharm Life Solution Raises €120M in Funding
Provepharm Life Solution Raises €120M in Funding
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Provepharm Life Solution Raises €120M in Funding

– Provepharm Life Solutions, a Marseille-based pharmaceutical company that finds new applications for known molecules.
– The company raised €120M in funding.
Tikehau Capital will provide the funds joining the group’s pool of banking investors, including Société Générale, BNP Paribas, Banque Populaire Méditerranée, Crédit Agricole Alpes Provence and Bpifrance.
– The new investment will be used to consolidate its position as an international and independent pharmaceutical group, specifically by hiring new staff in France and the United States, and increasing the size of its laboratories in Marseille.

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SEO optimization platform Botify lands $55M
SEO optimization platform Botify lands $55M
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SEO optimization platform Botify lands $55M

– Botify, provider of search engine optimization tools and apps, announced that it raised $55 million, bringing its total raised to date to $82 million.
– The funding — a series C, led by InfraVia Growth with participation from Bpifrance, Eurazeo, and Ventech — will enable the company to grow its platform, develop its partner ecosystem, and expand its global footprint as it focuses on product R&D.
– With an increasing number of businesses shifting to online as their primary channel, ensuring high placement in web searches has become a priority. There are 80,000 searches done per second, driving 53% of web traffic today. But it’s a moving target. Google alone made 4,500 algorithm updates and changes last year to Google Search.

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PEP-Therapy Raises €2.6M in Series A Extension Financing
PEP-Therapy Raises €2.6M in Series A Extension Financing
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PEP-Therapy Raises €2.6M in Series A Extension Financing

– PEP-Therapy, a biotechnology company based in Paris, raised €3m in Series A funding.
– The funding was led by Anaxago, i&i Prague and BADGE as well as a €1m loan from Bpifrance.
– The company intends to use the funds to finance the Phase I a/b clinical trial of PEP-010, its lead candidate, for the treatment of advanced solid tumors.

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Younited Credit raises $170 million for its data-driven credit offering
Younited Credit raises $170 million for its data-driven credit offering
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Younited Credit raises $170 million for its data-driven credit offering

– French startup Younited Credit has raised $170m funding.
Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating.
– The company offers several credit products to European consumers.
– It also has a diversified distribution strategy.

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PowerZ raises $8.3 million for its video game focused on education
PowerZ raises $8.3 million for its video game focused on education
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PowerZ raises $8.3 million for its video game focused on education

– French startup PowerZ raised $8.3m funding.
– The round was led by Bpifrance Digital Venture, RAISE Ventures and Bayard.
– Existing investors Educapital, Hachette Livres, Pierre Kosciusko-Morizet and Michaël Benabou are also investing once again.
– The company wants to build a game that is as engaging as Minecraft or Fortnite, but with a focus on education.
– Aimed at kids who are six years old and over, PowerZ teleports the player into a fantasy world with cute dragons and magic spells.
– The company wants to partner with other game studios.
– It plans to launch its game on the iPad this week.

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Isorg Raises €16M in Series C Financing
Isorg Raises €16M in Series C Financing
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Isorg Raises €16M in Series C Financing

– Isorg from Limoges, France develops Organic Photodetectors (OPDs) and large-area image sensors.
– The company raised €16M in series C financing.
– Two major industrial investors – Sumitomo Chemical Co. Ltd and Mitsubishi Corporation participated in the round.
– Greece-based Integrated Systems Development SA and five new French investors represented by fund manager Financière Fonds Privés also joined the round.
– Legacy shareholders Bpifrance, through its large venture funds, New Science Venture, CEA Investment and Sofimac Group (Limousin Participations) also contributed.

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Alentis Therapeutics Raises $67M in Series B Financing
Alentis Therapeutics Raises $67M in Series B Financing
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Alentis Therapeutics Raises $67M in Series B Financing

– Alentis Therapeutics from Basel develops new treatments for fibrotic diseases.
– The company raised $67m in Series B financing round.
– The round was led by Morningside Venture Investments, joined by Jeito Capital and Series A investors BioMed Partners, BB Pureos Bioventures, Bpifrance through its InnoBio 2 fund, High-Tech Gründerfonds and Schroders Capital.
– The new investment will be used to support the company’s drug discovery programs targeting other fibrotic diseases and hepatobiliary cancers.

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C12 Quantum Electronics Raises $10M in Funding
C12 Quantum Electronics Raises $10M in Funding
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C12 Quantum Electronics Raises $10M in Funding

– C12 Quantum Electronics, a Paris, France-based company which makes functional units of quantum computers, raised $10M in funding.
– The round was led by 360 Capital, Bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, and Octave Klaba (OVHcloud), with additional grants from Bpifrance and the Ile-de-France Region.
– The company intends to use the funds to expand the team with tech developers and engineers, as well as establish a high-tech pilot production line.

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Matera raises another $43 million to turn residential building management into SaaS
Matera raises another $43 million to turn residential building management into SaaS
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Matera raises another $43 million to turn residential building management into SaaS

– French startup Matera has announced that it has raised a new $43m funding round.
– The round was led by Mubadala Capital and joined by Bpifrance, Burda Principal Investments as well as existing investors Index Ventures and Samaipata.
– The company is building a vertical SaaS for residential property management.
– In France, co-owners of the common space of a building can decide to ditch the company that handles residential building management for them and do it themselves.
– It could work particularly well for small buildings with 10 or 15 apartments.
– When co-owners vote to switch to Matera, they get a web-based platform and a mobile app to view information and see all the contracts with various partners — think about elevator maintenance, heating maintenance, water, electricity, etc.

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Contentsquare Raises $500M in Series E Funding
Contentsquare Raises $500M in Series E Funding
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Contentsquare Raises $500M in Series E Funding

– Contentsquare is a global digital experience analytics company.
– Company raised $500M in Series E funding round.
– The round was led by SoftBank Vision Fund 2, which joined existing investors Eurazeo, Bpifrance, KKR, Canaan, Highland Europe, and funds and accounts managed by BlackRock.
– The new investment will be used to further develop its platform, advance AI innovation, and expand geographically.

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Virtuo Raises $96M in Series C Funding
Virtuo Raises $96M in Series C Funding
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Virtuo Raises $96M in Series C Funding

– Virtuo, a Paris, France based provider of car-on-demand solutions, raised €50m ($60m) in a Series C funding.
– The round was led by AXA Venture Partners with participation from Bpifrance, Alpha Intelligence Capital and H14, as well as existing investors Balderton Capital, Iris Capital and Raise Ventures.
– The company intends to use the funds to accelerate its presence in Europe with plans to conquer one million active customers across the continent by 2025.

Source
OpenClassrooms raises $80 million for its online education platform
OpenClassrooms raises $80 million for its online education platform
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OpenClassrooms raises $80 million for its online education platform

– French startup OpenClassrooms has raised $80m funding.
– The round was led by Lumos Capital Group and joined by GSV, CZI, and Salesforce Ventures.
– Existing investors General Atlantic and Bpifrance also participated in the round.
– The company operates an online education platform in French and English.
– Users can choose among 54 training programs and get a diploma at the end of the program.
– The company guarantees that you’ll find a job.
– In 2020, 4,300 students found a job or received a promotion after participating in an OpenClassrooms program.

Source
Step Pharma Raises EUR35 Million in Series B Financing to Advance First in Class CTPS1 inhibitor into the Clinic in T Cell Malignancies
Step Pharma Raises EUR35 Million in Series B Financing to Advance First in Class CTPS1 inhibitor into the Clinic in T Cell Malignancies
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Step Pharma Raises EUR35 Million in Series B Financing to Advance First in Class CTPS1 inhibitor into the Clinic in T Cell Malignancies

– Step Pharma, a biotech company developing novel drugs for oncology and autoimmune diseases, today announced the successful closing of a EUR35 million Series B financing.
– New investors Hadean Ventures and Sunstone Life Science Ventures co-led the round, joining existing investors Kurma Partners, Pontifax and Bpifrance, which reinvested through its Innovative Biotherapies and Rare Diseases fund and InnoBio 2 fund.
– As part of the financing, Jacob L Moresco from Sunstone Life Science Ventures and Walter Stockinger from Hadean Ventures will join the Step Pharma Board of Directors.

Source
CVasThera Secures €1.3M in Funding Round
CVasThera Secures €1.3M in Funding Round
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CVasThera Secures €1.3M in Funding Round

– CVasThera Secures €1.3M in Funding Round.
– The round was led by OCSEED, a venture capital company supporting startups in the Occitanie region of France via convertible bonds, supported by an investment loan from Bpifrance, the Occitanie region and a contract with the Agence Nationale de la Recherche, the French National Research Agency.
– The new investment will be used for clinical stage trials, recruitment of additional team members and support of its pharmaceutical research and development work.

Source
Vulog Raises $31M in Funding
Vulog Raises $31M in Funding
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Vulog Raises $31M in Funding

– Vulog is a new mobility technology provider based in Nice, France.
– The company raised $31m in Series B funding.
– The round was led by the European Investment Bank (EIB) and its current investors, which are Frog Capital, ETF Partners, Inven Capital, and Bpifrance.
– The new investment will be used to accelerate the company’s AI-powered services for the world’s leading OEMs (Volkswagen, Stellantis, Kia Motors, Mocean), as well as new mobility providers (Repsol, Sumitomo Corporation and British Columbia Automobile Association, among others).

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