French PE firm plugs into China's priorities
… hunger for advanced technological know-how.Ever since it shifted its economic focus to quality of growth, China has been big on the high-tech sector and environment-themed innovations.According to Sylvain Makaya, a senior partner of Idinvest, …
Le crowdlender de la semaine : Lendix
Aujourd'hui, nous sommes 87 dans la structure. Une quarantaine de salariés actionnaires détiennent ensemble la moitié du capital, le reste se répartit entre des investisseurs, dont Partech, Idinvest Partners, Allianz France, CNP Assurances et Matmut.
Fit for purpose? Venture funding in Europe
Some interesting thoughts from Christophe Bavière, the head of European alternative assets manager Idinvest, on what European start-ups need to match up to their US and European counterparts.
Retail AI firm Nosto raises $7.4 million
Nosto, a leader in ecommerce personalization and artificial intelligence (AI) tools for retail, has raised USD $7.4 million led by European investment companies Tesi, Open Ocean and Idinvest.
Idinvest Partners gears up for growth
Founded in 1997, Idinvest Partners has developed into one of France’s—and indeed Europe’s—leading private market investors, focusing on its three business lines: venture and growth capital, private debt, and private equity.
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 [...]
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 [...]
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.
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 [...]
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, the specialist European SME investor, announces today the launch of the ISIA Fund (Idinvest SME Industrial Assets), the first large-scale fund intended to finance the modernization of production tools for European SMEs, to help increase their competitiveness and productivity in both local and international markets. The fund is targeting an €300m close, having raised an initial €150m from the European Investment Bank (EIB), the European Investment Fund (EIF), and a number of European institutions. This will enable [...]
LumApps - the only enterprise portal fully integrated with Google's G Suite - has completed an $8m Series A funding round that will allow it to continue the rapid global expansion of its service. With Idinvest Partners leading the round, the investment will allow Paris-based LumApps to grow its existing operations in the United States, the UK, Japan and across the Asia Pacific region. LumApps is the only mobile, social and smart intranet officially recommended by Google for G Suite customers who want to bring all their business content into a [...]
Identity verification provider Onfido today announces $30M in funding, led by Crane Venture Partners with support from MicrosoftVentures, Salesforce Ventures and other current investors, including Idinvest Partners. The funding follows a Series B round of $25M in April 2016, allowing the company to take its identity verification technology global. With just a photo of an identity document and a selfie, users can now gain access to a host of online platforms such as Square, Zipcar, and Revolut. Onfido's machine learning technology enables [...]
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 [...]
FeetMe, a medical device company that produces smart and connected insoles for improved running, walking and gait analysis, today announced it has raised € 1.95 million in seed funding. The investment round was led by Kurma Diagnostics, with additional investment from the new Paris Saclay seed fund, Idinvest Partners, Seventure and SOSV (a current shareholder of FeetMe). The innovative technology from FeetMe allows gait and posture analysis in real-time and real-life conditions. The technology combines pressure sensors, motion sensors and [...]
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., [...]
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 [...]
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.
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, [...]
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 [...]
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
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 [...]
Secret Escapes, the London-based international online marketplace for affordable luxury travel deals, has today announced that it has closed a $111m (£83m) Series D investment and debt facility. This significant equity round was led by Singapore-headquartered Temasek, with participation from existing investors Idinvest Partners, and a debt facility from Silicon Valley Bank. With the additional funding, Secret Escapes has now raised almost $153m (£104m) in capital since its 2011 launch. In July 2015, the company raised $60m (£37m) in a round [...]
Souscritoo, the digital platform built to simplify paperwork, rebrands to become Papernest . After having made life easier for thousands of home movers in France, Papernest is poised for international expansion in 2018 , alongside the diversification of its offer for a fully digital paperwork management solution. Currently available across the entire French territory, the platform's sights are now set on the European continent. In just two years, Papernest has become the go-to service for the paperwork-averse. With this rebranding, Papernest [...]
Idinvest Partners, a leading investor in SMEs across Europe, has today announced the final closing of its fourth direct lending Fund (Idinvest Private Debt IV), at €715m, surpassing its initial target of €600m. More than 60% of the investors are from outside France.Since its launch in 2016, the Idinvest Private Debt IV fund has invested 60% of its total commitments across 17 companies, of which more than 40% based outside France.
Idinvest Partners, a leading investor in SMEs across Europe, today announces the appointment of Guillaume Santamaria as Investment Director for Idinvest's Growth Capital team, which held its first closing at €250 million in November 2016.In this role, Guillaume will be involved in sourcing, analysing and executing investments for the Growth Capital team, both in France and across Europe.
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 [...]
Eurazeo is pleased to announce the acquisition of a 70% stake in Idinvest Partners. This follows the announcement on February 5, 2018 of a final agreement between the parties in which IDI, an investment company listed on Euronext Paris, undertook to sell its entire investment in Idinvest, i.e. 51% of the share capital.A share acquisition price of €230 million was paid on completion of the deal, valuing Idinvest at €310 million. Idinvest will retain management autonomy and an unchanged management team, which will continue to hold 30% of the [...]
Today Idinvest Partners announces the arrival of Damien Boulangeat as Investment Manager, joining the Idinvest SME Industrial Assets (ISIA) team. His recruitment serves to strengthen a management team already boosted by the recent arrival of an Investment Director. Reporting to Sylvain Makaya, Associate Director, Damien will be involved in researching, negotiating and structuring investments as well as analysing risks and managing potential disputes. "We are delighted to welcome Damien, whose skills and experience complement those of 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 [...]
Idinvest Partners, a leading investor in SMEs across Europe, announces the appointment of Reza Machdi-Ghazvini as Investor Relations Director for Germany. In this position, Reza will play a key role in further developing Idinvest Partners' client base in Germany and the German-speaking market, as well as supporting local fundraising and client relationship management. Reza is a German citizen and will be based in the Frankfurt office.
The UK is a strategic growth market with investment in sales, customer support and a new London development team planned29 August 2018, London. Planday, the workforce collaboration platform, has announced today that it has closed its Round C fundraising of €35 million Euros. The lead investor is SEB Private Equity, with additional investment from investors in previous funding rounds, including Creandum, LeadX Capital Partners and Idinvest. This investment will be used to both extend the platform and accelerate expansion into new markets [...]
Social-commerce fashion app 21Buttons today announces it has raised $17M Series B funding led by Idinvest Partners, the €8bn pan-European private equity and venture capital investor. The capital will mainly be invested in talent traction for tech and product profiles, and user acquisition.All existing investors from the company's $10M Series A Funding in Q3 2017 have followed on, including Kibo Ventures, JME VC, Samaipata, Breega Capital and 360 Capital Partners.The app has 1.6 million monthly active users (MAUs) and is successfully [...]
Idinvest Partners, a leading investor in SMEs across Europe, today announces the appointment of Nicolas Debock as Investment Director in the Venture Capital team.In this position, Nicolas will be involved in sourcing, analysing and executing investments for the Venture Capital team, both in France and in Europe.Nicolas joins Idinvest Partners following 7 years' experience working as a venture capitalist for Balderton Capital and XAnge Private Equity, where he made numerous SaaS, Marketplaces and Fintech investments focusing on the French and [...]
Idinvest Partners announces the appointment of Guillaume Cavalin as Legal
Director. He will report to Sylviane Guyonnet, Partner and COO at Idinvest
this role, Guillaume will be involved in the structuring and the fundraising of
investment vehicles in France and abroad, and will also supervise Idinvest
Partners' legal topics. His appointment highlights Idinvest's continued international
growth, with Guillaume's practice extending to both French and foreign limited
partners, including institutional investors, [...]
For the third year in a row, Idinvest Partners participated in the International Capital Conference in Beijing, which took place on the 29th and 30th November. This year, Idinvest Partners brought five portfolio companies from its SME Academy. This annual tour provides a selection of Idinvest's portfolio companies with the opportunity to leverage a network of entrepreneurs, businesses and key market players, and is in line with the overall mission of the SME Academy to support the international development of Idinvest's portfolio companies by [...]
Idinvest announced today the first investment by the Idinvest Industrial Assets Fund (ISIA) to fund upgraded manufacturing machinery to MBF Aluminium (MBF), a leading French aluminium parts supplier for the automotive industry. ISIA has invested €4.2m into MBF Aluminium across a financial lease and sale-and-leaseback, which has allowed MBF Aluminium to purchase three groups of pressurized injection molding machines and a tribofinishing vibrator. Providing a reactive, flexible and tailor-made financing solution will allow ISIA to support [...]
Seedcamp, the pan-European seed investor, today announced the first close of its fourth fund to invest in the next generation of European talent. The £41M seed fund at first close is already over 2x larger than Seedcamp's last (€20M raised in 2014) and is backed by 60 leading corporates, venture capitalists and fund of funds from across the world including: Idinvest Partners, Investec, Unilever Ventures, Thomas Cook Money, MassMutual Ventures, ADV, Draper Esprit, Index Ventures, Atomico, Underscore Ventures, Speedinvest and British Business [...]
Idinvest Partners announces the appointment of Charles Daulon du Laurens as Partner and Global Head of Investor Relations and Marketing. This appointment marks the latest move in Idinvest's international growth strategy, where the firm is adding investment and operational expertise to help support its cross-border ambitions.
Heetch confirms its success and mutation. Launched in September 2013 as a pure P2P ride-sharing platform focusing only on young people trips at night, the service had to shut down in March 2017 due to a court decision. But the company came back with a ride-sharing platform available 24h/24 for all professional drivers in order to compete directly with Uber. Its new objectif is simple: win market shares over Uber and become the European Lyft.
Vision Systems announces today that it is accelerating its innovation efforts as well as its international expansion plans. Vision Systems is a tier-one system supplier designing, developing and manufacturing complete and tailored solutions for the aeronautic, land transport and marine markets. Vision Systems is joining forces with Idinvest Partners to support their strategy which will be acquiring a 20% stake in the company. Vision Systems leadership team Carl Putman, CEO, and Catherine Robin, Executive Vice President, have taken this [...]
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 [...]
Today, Idinvest announces that 2017 has been another record-breaking year for the Private Debt division, having invested almost €900M in 45 companies. These results demonstrate the strength of Idinvest's private debt expertise and market positioning:• Idinvest Partners' Direct Lending portfolio generated over €680M in cash• Invested almost €900M in 2017• Investments made in 45 companies, with an increasingly international portfolioAccès Industrie, Ask Chemicals, Auvesy, Europart, Frostkrone, Iberchem, Organic Alliance, Remade in [...]
Eurazeo and Idinvest Partners have announced the conclusion of a firm agreement that will create a private equity leader, with over €15 billion under management and serving the growth needs of companies in Europe and North America. Under the terms of this agreement, IDI, an investment company listed on Euronext Paris, has undertaken to sell its entire investment in Idinvest (i.e 51% of the share capital) to Eurazeo, which will subsequently own about 70% of the company, next to the Idinvest's management who will retain around 30%. The [...]
Idinvest Partners, a leading pan-European Private Equity firm, today announced it was named the recipient of the Global Cleantech 100 "Financial Investor of the Year" Award. The Financial Investor of the Year is awarded to the financial investor with the highest percentage of their qualifying cleantech portfolio companies on the list (with a minimum of 4 on the list, and a minimum of 10 qualifying portfolio companies overall). "We are very honoured to receive this award. All of this has been made possible thanks to the great entrepreneurs who [...]
Idinvest Partners, a leading pan-European Private Equity firm, today announced the appointment of Thierry Legeais as Investment Director working within the Idinvest SME Industrial Assets (ISIA) team. Reporting to Sylvain Makaya, Partner in charge of the fund, Thierry will be involved in both sourcing new investment opportunities and managing its current portfolio. In addition, Thierry will sit on the ISIA Investment Committee.Idinvest launched the ISIA fund in October 2017 as a response to market demand and growing SME requirements for [...]
Real-time air quality data leader BreezoMeter charges ahead with funding and big plans for health, automotive, and myriad other industries so they can reach customers with relevant data for improved well-being.September 13, 2018 - Haifa, Israel: BreezoMeter, a global provider of hyperlocal air quality data and pollen information, announces the completion of a series B funding, totalling $7.75Million USD, led by Goldacre and Entrée Capital. In 2014 BreezoMeter was the first company to introduce location-based and real-time air quality data, [...]