Idinvest Partners, the European private equity investor, announces today that Stéphanie Courtadon is joining the business as Head of Marketing. In this role, Stéphanie will be responsible for both Marketing and the RFP process. Before joining Idinvest Partners, Stéphanie had been Head of Marketing and Development at Siparex from 2012 and Head of Investor Relations and Marketing at Crédit Agricole Private Equity from 2008.
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.
Idinvest Partners is expanding its international team with two new additions to the Strategy & Solutions division, led by Partner, Sylvain Makaya. As Strategic Projects Director, Sophie Béric is responsible for managing Idinvest's international and cross-border projects. Moreover, Solomon Moos has joined Idinvest Partners' Investor Relations practice in Asia.
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.
From October 24th to November 4th, a selection of 11 French start-ups embarked on a tour to China. Organized by Bpi France and Business France, the French Tech Tour was sponsored by Idinvest Partners. This two-week program of intensive immersion, aimed at boosting French startups' commercial opportunities in China, led these happy few into four high-tech Chinese cities: Beijing, Shanghai, Shenzhen and Hong-Kong. "China curious" start-ups had the chance to discuss with experts various questions related to business practice, cultural management, [...]
Géraldine Usseglio has been announced as Director of Human Resources at Idinvest Partners. She will report to Syvianne Guyonnet, Partner and COO at Idinvest Partners. Géraldine joined Idinvest Partners in September 2016 with over 15 years of experience in HR, notably in the services and publishing sector.
Julien Princi has been announced as General Counsel at Idinvest Partners. Julien specialises in the creation of private equity funds and related transactions. He has extensive experience with fund structures and both European and US regulation. He will report to Syvianne Guyonnet, Partner and COO at Idinvest Partners.
Electranova Capital US, the energy cleantech venture capital fund dedicated to the US, managed by Idinvest Partners, and sponsored by EDF, announces its investment in Off Grid Electric. Off Grid Electric is already a world leader solar leasing company in Africa. Off Grid Electric delivers innovative stand-alone solar systems to a range of last-mile customers at costs lower than traditional kerosene lighting...
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.
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.
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.
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.
Conscious of the ongoing fight against inequality and as part of its commitment to socially responsible investment, Idinvest Partners has decided to support several charitable organisations by working with an intermediary organisation, Epic Foundation. Idinvest will initially support two specific initiatives through the foundation, Simplon.co and Sport dans la Ville. Christophe Bavière, CEO of Idinvest, stated that "Idinvest was enormously impressed by the Epic Foundation's operational model. Modern and transparent, it gives donors complete [...]
Business Insider has ranked the 22 most prominent venture capital investors operating in Europe in 2017. Number 16 on the list, Idinvest has offices dotted around the continent, including Paris, Frankfurt, and Madrid - as well as further afield, in Shanghai and Dubai. Its portfolio includes Happn, Onfido, Secret Escapes, and Deezer. See the full rankings here: http://www.businessinsider.fr/uk/biggest-most-prominent-venture-capital-investors-europe-dealroom-2017-4/#16-idinvest-partners-7
Today, Idinvest Partners is pleased to announce the appointment of Caroline Steil as a Senior Legal Advisor. Caroline Steil advises clients on the incorporation, approval, and monitoring of management companies as well as investment service providers in connection with their activities and their relationships with the AMF (the French financial markets authority) and the ACPR (the French prudential supervision and resolution authority). Caroline's practice extends to the legal and tax structuring of venture capital mutual funds and companies [...]
DAMAE Medical, a leading French medtech company, announces the closing of a €2 million investment round with Kurma Partners, Idinvest Partners, News Invest, Paris-Saclay Seed Fund co-managed by Partech Ventures, and private investors. DAMAE Medical was founded in September 2014 to revolutionize skin cancer diagnosis through its one-of-a-kind technology based on optical tomography. The company's strong ambition has already paid off: since its inception, over €1 million has been raised from Bpifrance and other sources.
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 [...]
With about two-thirds of the world population and led by the world's second largest economy, Asia is at the core of global economy growth and might well transform the 21st century into 'Asian Century'. Under one condition though: that Asia takes the lead in innovation. Asia has seen a boom in economy, first with the rise of Japan and the Asian Tigers (Hong Kong, Singapore, Taiwan and Korea) then with China, now the world's second largest economy. Lately however, Asia has beenin the midst of a very challenging transition to slower growth, [...]
Idinvest Partners and China Orient Asset Management (International) signed a strategic cooperation agreement to support the growth of European small & medium-sized enterprises (SMEs) and further increase Sino-European cooperation. Under the agreement, both parties will carry out a comprehensive business relationship to increase funding to innovative non-listed European companies. Jean-Pierre Raffarin, former French Prime Minister and Chairman of the Prospective & Innovation Foundation, and Wu Yue, Chairman of China Orient Asset Management Co., [...]
Cyber Group Studios and L-GAM are pleased to jointly announce a partnership to fuel the company's growth and help finance new opportunities. Founded in 2005, Cyber Group Studios is a producer and a distributor of international animated series targeted at TV and digital media platforms. The company has developed numerous partnerships with major industry players all around the world and is operating on all continents. L-GAM takes over Cyber Group Studios' minority shareholders and brings the financing enabling the company to launch an ambitious [...]
On September 7th, Business France and BPI France, the French sovereign fund, unveiled the name of 12 French innovative startups selected for the 5th edition of French Tech Tour China. From December 4th to December 15th 2017, this selective program will give laureates the opportunity to immerse themselves in the Chinese market, discovering and validating their business potential in China.The French Tech Tour China has been sponsored by Idinvest Partners for several years in a row. As an immersion program, it aims to provide over a two-week [...]
Idinvest Partners today announced €12 million in funding for life sciences company M2i as part of the firm's continued support of high-growth European SMEs. The funds raised will enable biocontrol producer M2i to finance the approval process of its Biocontrol products, pursue its R&D investment strategy and accelerate its international development. Matthieu Baret, Partner at Idinvest, commented: "This investment comes from the Idinvest Growth Fund II which targets small-mid cap companies that have the potential to expand globally and become [...]
On June 6th, the sovereign wealth fund China Investment Corporation held its Belt and Road and Cross-Border Investment CEO Summit. This exclusive annual event brings together government officials and policy makers, the world's top sector experts and prominent business investors. Co-organised by leading Chinese financial institutions (CICC, Shenwan Hongyuan Securities, China Securities, China Galaxy Securities) and sponsored by China Association for Public Companies, it welcomed handpicked top-end executives from 200 Chinese and international [...]
Idinvest Partners announces today the launch of its SME Academy as an initiative to help foster European innovation and encourage collaboration and international expansion amongst its portfolio companies. Aiming to provide small and medium-sized European companies with the means to become global enterprises, Idinvest has established this permanent program to help its portfolio companies both understand and navigate an increasingly competitive, globalised world.
As the Secretary-General of the China Economic and Cultural Exchange Association, Mr. Wu Zhong, said, the 'Belt and Road' is the Chinese version of the idea of "globalization" which is significant for both China and Europe. The Belt and Road opens a wide array of opportunities for increased cross-border investments between both regions. As a leading pan-European private equity firm focused on financing innovative Small & Medium-sized companies, Idinvest brought its contribution to help reach that [...]
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 [...]
Idinvest Partners, a leader in financing the growth of European SME's, has announced the opening of a new office in Frankfurt along with new additions to its team. This new office highlights Idinvest's resolve to develop further internationally and offer dedicated in-country support to assist the growth of its portfolio companies.As both a former subsidiary of the Allianz Group, and by financing the growth of German companies, the establishment of a Frankfurt office marks the latest step in the strong relationship that Idinvest has maintained [...]
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, [...]
Idinvest Partners received wide recognition at the occasion of the 21st Franco-Chinese Economic Forum held on December 8th in Beijing, where the 3rd Innovation Awards Ceremony for Franco-Chinese Teams was celebrated. Idinvest's CHANCE program featured among the finalists of the Innovative Initiative Prize. The Innovation Awards Ceremony was held during the 21st Franco-Chinese Economic Forum. This annual top level Forum brings together French companies to promote their leading activities and their know-how in China. Idinvest was among those [...]
The idea is to syndicate with industry partners from the get-go, bringing them in at a pre-seed stage, prior to forming the company, to provide expertise that matches the newco's technology. Moreover, it should allow Kurma to compete for seed or series A stage assets with the bigger players. According to managing partner Vanessa Malier, the new approach is unique among French life science investors and makes it possible for a small firm like Kurma to create new companies without tying up a large percentage of its capital in seed investments. [...]
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 [...]
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 [...]
Idinvest Partners today launched an annual study into the UK's attitudes towards entrepreneurship. Idinvest's UK Entrepreneurship Barometer measures the concerns of the next generation of entrepreneurial talent and therefore addresses the health of the UK's innovation ecosystem. In its first year, the Barometer poses questions about Brexit consequences, personal motivations, fundraising challenges and economic climate. Despite concerns that Brexit might diminish the UK's position as one of Europe's leading business hubs, 44% of the UK [...]
Over the last couple of years, we have witnessed the emergence of a new form of innovation that no longer takes place within large corporates, even the market leaders. More disruptive and game-changing, these innovative models grow outside the traditional environment of corporate R&D departments and are increasingly developed by young start-ups.This tendency has resulted in a higher proportion of trade sale operations led by established market actors willing to capture the next disruptive trends and to broaden their knowledge.
TrustInSoft raises $1.2M from Idinvest Partners to change the rules in software development and automate code vulnerability detection at a wide scale.TrustInSoft is the first company to offer developers a guarantee on the quality of their code, a significant breakthrough for the software industry. After 10 years of R&D at CEA, the National Research Center in France, TrustInSoft has successfully applied its technology in critical applications for industry and detected crucial source code vulnerabilities. The company is now preparing the release [...]
Idinvest Partners, the specialist European SME investor, has established a Shanghai office to support the growth of its portfolio companies in Asian markets. The office will be led by Solomon Moos, Corporate Development Asia, who joined Idinvest in July 2016 from Allianz Global Investors. Solomon will be supported by three Chinese partners.This marks the most recent milestone in Idinvest's strategic international development and ability to offer in-country support to portfolio companies with hypergrowth ambitions, coming shortly after the [...]
Idinvest Partners and Chinese Academy of Sciences Holdings (CASH) have agreed to support the growth of European small & medium-sized enterprises (SMEs) with the signature of a memorandum of understanding (MoU), during the RAID event of March 14th 2017 held in Beaubourg museum in Paris. To do so, a fund of funds for Green Development will be launched, which main objective is to finance innovative European SMEs which have the potential to develop and grow in China. The fund of funds will be managed by CASH, advised by Idinvest, and targets a [...]
On September 14th and 15th, the Boao Forum for Asia held an exceptional meeting in Paris to discuss the Belt & Road Initiative and how to build synergies with EU policies and strategies. Co-organized by Foundation Prospective & Innovation, this 2-day event brought together government officials and C-level businessmen from "Belt and Road" countries, to reflect on infrastructure connectivity, trade and investment promotion, inclusive and innovative ways of funding. The Boao Forum had opening remarks from former French Prime Minister Jean-Pierre [...]