European Growth Capital: Optimum entry point on a steep growth trajectory
Posté le : 06/13/2019European Growth Capital is in the investment spotlight and is gradually becoming a core alternative asset for global institutional investors.
Posté le : 06/13/2019
Idinvest Partners has announced the final closing of the ISIA Fund (Idinvest SME Industrial Assets) at €340m, surpassing its initial target of €300m by 13%.Launched at the end of 2017, ISIA is the first diversified fund intended to finance the modernisation of production tools for European SMEs, and has the ability to finance over fifty operations. To date, ISIA has already supported over fifteen companies and financed nearly fifty pieces of industrial machinery.
With their innovative enzymatic technology, DNA Script has overcome many of the inefficiencies of today's synthetic DNA production and allows researchers to accelerate their experiments. This funding round will be used to accelerate the development of the company's first products and expand its teams both in New York and in Paris.
The Paris-based high-growth ride-sharing platform is already operating in 9 cities in France and recently very successfully launched operations in Morocco. The company aims to use this funding to become the leading ride sharing platform across French-speaking markets and plans to launch in Central and West Africa by the end of 2019.
The pioneering startup which has a revolutionary approach to Active Directory cyber-security achieved more than 500% growth in 2018 and has attracted clients such as Orange, Sanofi and Sodexo. This funding will allow Alsid to expand into new markets including the United Kingdom, Singapore, Germany and Northern Europe and to prepare to enter the US and Japanese markets planned for 2020.
WeMaintain joins Idinvest's Smart City portfolio having managed to establish itself on the historically closed elevator repair market. The startup's platform assembles qualified mechanics and allows them to work independently. Having already attracted large clients in Paris' Central Business District, this funding will enable the company to strengthen its presence in Paris and begin providing support to its customers worldwide.
The French global luxury fashion resale company has over 8 million members across 50 countries worldwide. This funding will help accelerate international growth, particularly in Asia, and drive widespread adoption of sustainable and circular consumption.
Specialising in remote diagnostic solutions for several chronic disease areas, this medical technology company already operates with more than two hundred healthcare facilities around the globe, helping them to perform more efficient medical procedures. With this financing the startup aims to accelerate growth, especially internationally, and expand current IoT and AI solutions.
Meero, the first on-demand photograph platform in the world, is already present in over 100 countries and delivers a photoshoot to a client every 25 seconds. This fundraising will enable the startup to develop its solutions for new audiences and perfect its automatic photo editing and content enrichment technology.