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Idinvest portfolio company Stanley Robotics raises €3.6m
French start-up company, Stanley Robotics, has raised 3.6 million euros ($4 million) to advance the development of its signature automated valet service. The Paris-based start-up firm has created giant robots, named Stan, to pick up your vehicle and securely park your car without any assistance. The service, which is already being rolled out at Paris' Charles de Gaulle airport, is designed to return the user's car at the airport exit when the driver has returned from vacation. The company said it intends to use the funds to boost the global [...]
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Idinvest portfolio company Stanley Robotics raises €3.6m to expand internationally with its robotic parking solution
French robotics startup Stanley Robotics has raised €3.6 million from Elaia Partners, Idinvest Partners and Bpifrance's Ville de Demain investment fund.The company has developed an autonomous robotic parking valet, dubbed Stan, that collects a car and carries it to its parking location. It has launched in Paris Charles de Gaulle airport so far. "Beforehand, we were working in a research lab developing autonomous vehicles. Stan is the product of 15 years of research in this field," said Aurélien Cord, CTO, who along with his other cofounder [...]
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Idinvest's portfolio company, OnTruck, raises $10m
OnTruck, a Madrid-based startup that has built an "on-demand logistics platform" to connect businesses directly with road freight carriers, has raised $10 million in Series A funding. The round was led by VCs Atomico and Idinvest, with participation from existing backers Point Nine Capital, La Famiglia, and Samaipata Ventures. Noteworthy, LocalGlobe also previously invested in the company but I understand hasn't joined this current (and oversubscribed) round. Founded in 2016, OnTruck is one of numerous startups attempting to 'digitise' the [...]
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Idinvest's portfolio company, Actility, raises $75m
Actility, a French AI communication platform, raised $75 million in Series D funding. Investors include Creadev, Bosch, Inmarsat, Idinvest, Bpifrance, Ginko Ventures, KPN, Orange Digital Ventures, Swisscom, and Foxconn.
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Here's why Nasdaq is the best stock exchange to list on by Benoist Grossmann
While the Paris and Frankfurt stock markets preen their feathers to entice those disillusioned with Brexit, one financial centre glides on unchallenged: Nasdaq. The American market remains by far the reference exchange for companies looking to finance their growth. In the first half of 2016, 35 new companies listed on Nasdaq with combined proceeds totalling €3.8 billion. Read more on uk.businessinsider.com
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Zenly proves that location sharing isn't dead
Now that you are giving up on check-ins and sharing your location with your friends, a French start-up is coming up with better technology to use cases to make location cool again. That's why the company has recently raised an $11.2 million Series A round with Idinvest and Xavier Niel leading the round...Read more on TechCrunch.com
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UK's Onfido raises $25M as it brings its background checking platform to the US
Background checks - and the automation of them by software - is a budding area right now. Onfido, one startup building software-based solutions to do just that, has raised $25 million. The Series B round was led by Idinvest Partners, with participation also from existing backers Wellington Partners and CrunchFund...Read more on TechCrunch.com
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Planday, the workforce management solution for shift-based businesses, scores $14M Series B
Planday, the Danish startup that offers a cloud-based 'shift planning' solution for various types of businesses that employ a flexible workforce has scored $14 million in Series B funding, led by new investor Idinvest...Read more on Techcrunch.com
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JustEat's IT provider gobbles £10m from investors behind Happn and Spotify
Planday, the start-up software provider used by JustEat has now sold a $14m (£10m) minority stake to three backers: Creandum, the venture capitalist fund Idinvest, which also funded the online dating app, Happn, and Arthur Kosten, the angel investor and co-founder of Booking.com...Read more on Telegraph.co.uk
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Planday closes $14M Series B from Idinvest and Creandum
Brooklyn-based Planday raised a $14 million Series B round of funding. The round was led by new investors Idinvest, and also included Creandum, the lead investor in Planday's Series A round, SEB Private Equity and angel investor Arthur Kosten, co-founder of Booking.com...Read more on Bizjournals.com
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Creandum and Idinvest lead $14m series-B for Planday
Nordic VC Creandum and French VC Idinvest have led a $14m series-B for Danish staff shift management software startup Planday. Planday's latest funding round will be used to finance further US expansion and consolidate in the European market...Read more on Unquote.com (subscription required)
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Planday closes $14 Million Series B from Idinvest and Creandum
Planday, the workforce management platform for shift-based businesses, today announces that it has raised a $14 million Series B led by new investors Idinvest. Planday has grown into a team of more than 80 people in five international offices, and with this investment plans to grow rapidly in all locations...Read more on Angelnewsletter.co.uk
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Idinvest and Creandum Invest $14 Million in Planday
Planday, the workforce management platform for shift-based businesses, today announces that it has raised a $14 million Series B round of funding, led by new investors Idinvest. Planday will use the funds to expand further into the US, strengthen its leadership in the European market, and develop integrations with other technologies...Read more on FinancialIT.net
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GSN Games acquires social casino studio Plumbee from Idinvest and Endemol
SN Games, the social gaming division of the Sony-owned Game Show Network, has acquired Shoreditch-based social casino studio Plumbee for an undisclosed amount. GSN has acquired 100 per cent of Plumbee's equity, which was previously backed by Endemol and Idinvest Partners...Read more on GamingIntelligence.com
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GSN Games acquires rival Plumbee to Expand in UK
Sony-owned GSN Games has acquired rival Plumbee to expand its global footprint in the UK. GSN has acquired 100% of London-based Plumbee's equity for an undisclosed price, the company announced on Monday. Plumbee is best known for its Mirrorball Slots app, which exceeded its 10 million download mark on Facebook...Read more on CalvinAyre.com
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Social casino consolidation continues as GSN Games acquires Plumbee from Idinvest and Endemol
Consolidation in the competitive and lucrative mobile social casino market continues with the news that #4 social casino publisher GSN Games has acquired UK studio Plumbee. Backed by Endemol and Idinvest Partners, Plumbee is best known for its Mirrorball Slotsgame...Read more on Pocketgamer.biz
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Venture capital firm Idinvest Partners takes minority stake in Secret Escapes
A venture capital firm supporting luxury flash sales site Secret Escapes has taken an unspecified minority stake in the company. Guillaume Durao, investment director at Idinvest Partners, will join Secret Escapes' board of directors as an observer...Read more on Travolution.co.uk
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Fresh investment for Secret Escapes
Flash sale travel site Secret Escapes has secured investment from venture capitalist firm Idinvest Partners, which has taken a minority stake in the London-based business. The company, which sells rooms in four and five-star hotels at discounts of up to 70%, did not reveal the size of the investment...Read more on TravelMole.com
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Peakon Raises €4M To Bring 'People Analytics' To Employee Engagement And Retention
Peakon, the self-described "people analytics platform" for employee engagement and retention, is fully launching today and announcing it's closed €4 million in Series A funding. Backing comes from Idinvest Partners...Read more on TechCrunch.com
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The Five Biggest Things In Tech You Missed this week: 1/23/16
French start-up Botify, which makes it easy for customers to get insight on their SEO strategy, has raised a $7.2 million Series A round from Idinvest and Ventech. The company uses a software-as-a-service approach to make it as seamless as possible to crawl your website and give you insights...Read more on Forbes.com
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Botify Raises $7.2M in Series A Funding
Botify, a France-based search marketing analytics platform, raised $7.2m in Series A funding in a round lead by Idinvest Partners and Ventech. Benoist Grossmann, Partner at Idinvest will join Botify's board. The company currently has more than 300 customers spanning 30 countries...Read more on FinSMEs.com
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Botify, London-based search analytics platform, secures $7.2M Series A with Idinvest
Botify, the search marketing analytics platform platform providing search marketers with data and intelligence to optimize their sites and structurally traffic today announced a $7.2m Series A investment by Idinvest and Ventech. Founded in 2012, Botify has seen a huge demand for its product...Read more on ClosingCircle.com
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Idinvest invests in €6.6m series A for Botify
Botify, a French search marketing analytics specialist, has secured €6.6m in funding from French VE Idinvest Partners and Ventech. According to Botify, the funds will be allocated to new hires, product development and a push for international expansion...Read more on Unquote.com (subscription required)
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Botify Wants To Take Care of Your SEO
Botify is aimed at Webmasters or business owners who rely heavily on Search traffic to increase sales and profit, and claims to be able to increase search engine traffic. Recently, they were able to raise $7.2Million from partners Idinvest and Ventech...Read more on CrunchNG.com
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Botify Grabs $7.2 Million from Idinvest To Turn You Into An SEO Wizard
French start-up Botify just raised a $7.2 million Series A round from Idinvest and Ventech. The copany uses a software-as-a-service approach to make it as seamless as possible to crawl your website and give you insights into your engine optimization strategy. Currently, the company has more than 300 customers...Read more on TechCrunch.com
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Cisco Investment Pushes Second Idinvest Digital Fund to €155m
Cisco, the corporate venturing arm of technology
giant Cisco Systems, is one of the main investors in Idinvest Digital Fund II
(IDF II) following its investment. IDF II is
focused on financing companies in the digital and new technologies sector
including web services, the internet of things, software, security...Read more on AltAssets.net (subscription required)
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Venture Capital Dispatch
Idinvest has held a final close on its second digital fund of 155 million euros after securing a commitment from the corporate venturing arm of technology giant Cisco Systems. Cisco Investments has invested EUR15.45 million in Idinvest Digital Fund II, which will focus on new companies in the technology sector...Read more on WSJ.com
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Cisco Invests USD17m in Idinvest Digital Fund II
Cisco is now one of the main trade investors in IDF II alongside a pool of renowned European institutionals, bringing the size of this Idinvest Partners-managed fund for European business growth to EUR155 million...Read more on Privateequitywire.co.uk
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Cisco Invests over $50m in French Start-ups and Funds Including Idinvest
Cisco has invested USD 17 million in Idinvest Digital Fund II, specialised in digital (internet services, e-commerce, telecom )and a backer of video platform Dailymotion, music service Deezer and digital marketing company Criteo...Read more on Telecompaper.com
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Idinvest Secures $17m Commitment from Cisco
Idinvest has secured a $17m commitment from US technology firm Cisco to its Idinvest Digital Fund II. The US trade player is now one of the main LPs in the fund. The fund targets growth capital investments in start-ups in the digital, internet, telecommunications and e-commerce sectors...Read more on Unquote.com (subscription required)
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Idinvest announces an investment in Secret Escapes, the exclusive members only travel club
Following the $60 million Series C fundraising closed by the company during the summer of 2015, Idinvest Partners has decided to join some of the most successful international venture firms (including Google Ventures, Octopus Ventures, Index Ventures,) by taking a minority stake in the company. As a result, Guillaume Durao, Investment Director at Idinvest Partners will be joining Secret Escapes' board of directors as an observer.
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Idinvest Partners hits first close of its third digital fund: Idinvest Digital Fund III
Idinvest Partners, a leading investor in SMEs across Europe, has announced today the first close of its third digital fund at €180 million, as the firm continues to place long-term importance on cultivating a dedicated ecosystem for European entrepreneurs by supporting and growing the next generation of talent.The first close of Idinvest Digital Fund III has exceeded that of its predecessor, Idinvest Digital Fund II, which raised €154 million, and the fund is targeting a final close of €300 million. Idinvest Digital Fund III is backed by [...]
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Midaxo Raises €12.9 Million to accelerate product development and expansion
Midaxo, the
Finnish developer of the award-winning cloud M&A platform, announces a
€12.9m funding round led by major growth
investor Idinvest Partners, with the participation of the existing investors Tesi
(Finnish Industry Investment) and EOC Capital.This B round brings Midaxo's
total funding to €18.6m and follows a period
of sustained and rapid growth.In 2017, Midaxo more
than doubled its revenue and expanded its customer base to hundreds of leading
corporations, consultants, and private equity firms,
including over 40 companies [...]
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Idinvest helps Peakon raise $22m for global expansion
Peakon, the London and Copenhagen based people analytics company, today announces the completion of its latest funding round of $22M. The round was led by Balderton Capital, with participation from Peakon's existing investors the EQT Ventures fund ("EQT
Ventures"), Idinvest Partners, and Sunstone.Since launching in early 2016, Peakon has been rapidly adopted by hundreds of enterprise clients, such as Capgemini, BMW, and Maersk. Peakon creates tangible improvements to employee engagement and retention through insights delivered via its SaaS [...]
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Idinvest Partners' new fund - 'Idinvest Growth Fund II' - announces a first closing of 250 million euros
Idinvest Partners strengthens its commitment to financing unlisted European businesses with the initial closing of its second capital growth fund at 250 million euros. The strategy of 'Idinvest Growth Fund II' follows in the footsteps of the firm's previous investments in the growth sector which financially supports European SMEs, transforming them into global leaders. The fund targets Digital, Health, and Energies & Cities sectors. Idinvest is aiming for a final closing of between 350 and 400 million euros in the first quarter of 2017.
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Idinvest announces Talend's successful IPO on Nasdaq, its 4th portfolio company to be introduced to the Nasdaq Stock Exchange
Idinvest announces the successful Initial Public Offering of Talend on the Nasdaq Stock Exchange today. In its first trading session on the Nasdaq in New York, Talend's share price soared more than 50 % from its IPO price. This IPO marks a major step in the rapid and successful development of Talend as a global leader in data integration and big data.
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Onfido raises $25 million to continue european expansion and scale U.S operations
Onfido, the leading identity verification and background checking provider, today announces that it has closed a Series B funding round of $25 million. Participants in the round include Idinvest Partners, Wellington Partners and CrunchFund. Raised to meet rising demand from the U.S. and international markets, Onfido will use the funds to scale its U.S. operations as well as continue to develop its machine-learning based technology.
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Idinvest digital portfolio company, Vestiaire Collective, secures a €58m funding
Vestiaire Collective, the European leader in luxury and premium pre-owned fashion today announced the completion of a €58 million round of financing to fuel continued international growth and increase operational capabilities. The round was led by new investor Vitruvian Partners as part of Vitruvian's increasing focus on French opportunities. As an existing major shareholders, Idinvest Partners participates, reaffirming its support to the company. Created in October 2009, Vestiaire Collective has since raised a total of more than €110 [...]
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Idinvest sells Social Point, a digital portfolio company, to Take-Two Interactive
Idinvest Partners announces the sale of Social Point to Take-Two Interactive Software, Inc. for $310 million. This outstanding transaction allows Idinvest to make a multiple of 10x and an IRR of more than 60%. Benoist Grossmann, Managing Partner of Idinvest, said: "The growth of the company Social Point will take a new turn at Take-Two, it will have an even more international dimension. Idinvest has once again demonstrated its expertise in transforming European start-ups / SMEs into world leaders. I am delighted that, throughout the years, [...]
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Idinvest's portfolio company, Actility, energised by $75m funding round to accelerate industrial IoT solutions globally
Actility, the industry leader in Low Power Wide Area Networks (LPWAN) for the internet of Things (IoT), today announced that it has successfully completed its Series D funding round, raising $75M to enhance its portfolio of IoT solutions. The company's expansion will focus on enabling industrial IoT solutions in key verticals: logistics and supply chain; smart buildings; and energy & utilities. In the first closing, Creadev, Bosch and Inmarsat are among the new investors, alongside existing investors such as Idinvest, Bpifrance, Ginko [...]
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Famoco raises €11m of funding to boost its international growth
Famoco, leader of Android-based transactional devices, today announced a €11m round of financing led by Idinvest Partners, together with Orange Digital Ventures, SNCF Digital Ventures, BNP Paribas Développement and alongside their historical investors Hi inov, Fonds Ambition Numérique managed by Bpifrance, and Aurinvest. This new round of funding will enable FAMOCO to meet growing international demand for transactional solutions in the fields of cashless payment, transportation, smart city as well as the digital transformation in mobility [...]
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Idinvest Partners announces the appointment of Alban Wyniecki as Investment Director
Idinvest Partners is pleased to announce the appointment of Alban Wyniecki as an Investment Director. Alban will provide strategic direction and oversight of Idinvest's Growth Capital Fund II, which recently held its first close at €250 M. The fund's first investment this year was in Vestiaire Collective, an online e-commerce marketplace for pre-loved clothes. "We are very much looking forward to Alban joining the Growth team here at Idinvest," says Benoist Grossmann, Managing Partner at Idinvest. "We are currently seeing a good amount of [...]
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Idinvest Partners realizes a multiple of 5x on Leetchi exit
Idinvest Partners sold its stake in Leetchi last week, when 86% of the company was acquired by "Crédit Mutuel Arkéa", realizing a multiple of 5x and an IRR of more than 60%.
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Save My Smartphone raises €15 million to support strong growth
Save,a start-up founded in 2013 by Damien Morin and specializing in the speedy repair of smartphones and touch tablets, has announced a €15 million round of capital raising from the investment funds Idinvest Partners and 360 Capital Partners and business angels including Xavier Niel.
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Idinvest Partners leads NGDATA's $10 million funding round
NGDATA, the customer experience management solutions company, today announced that it has closed a $10.2 million Series B round of venture funding led byIdinvest Partners with participation from existing investors including Pamica (investment companyof Michel Akkermans), Capricorn Venture Partners, Nausicaa Ventures, SmartFin Capital and angelinvestors. The capital will be used to scale its business growth, and to continue to advance thedevelopment of the company's customer experience management solution, Lily Enterprise.
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Peakon Raises €4 million to Launch Globally, Enable Every Business to Benefit from People Analytics
Peakon, the real-time people analytics platform, today announced the public release of its product and a €4 million round of investment from Idinvest Partners and Sunstone Capital.
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Sigfox and Save My Smartphone, winners at the BFM Awards
The 11th annual BFM Awards were held on Monday at the Théâtre des Champs Elysées, attended by 1,600 guests including French Economy Minister Emmanuel Macron, designer and head of the eponymous fashion house Jean-Paul Gaultier, and some real live "unicorns". It was the opportunity for BFM Business to celebrate businesses and the people who found them, run them, make them indispensable and, in doing so, help boost the French economy.
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Botify's Disruptive Search Analytics Technology Grabs $7.2m Series A Investment by Idinvest and Ventech
Botify, the search marketing analytics platform, today announced a $7.2m Series A investment by Idinvest and Ventech. The funding will be used for product development, international expansion and hiring to accelerate the company's already impressive growth.
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Planday closes $14 Million Series B from Idinvest and Creandum
Planday , the workforce management platform for shiftbased businesses, today announces that it has raised a $14 million Series B round of funding. Theround was led by new investors Idinvest, and also included Creandum, the lead investor in Planday's Series A round, SEB Private Equity, and angel investor Arthur Kosten, cofounderof Booking.com.
