G.News 🗞|Your weekly dose of Tech #11
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1 | DiliTrust acquires Hyperlex to strengthen its position as a Legaltech leader in Europe
⚖️ Legaltech - Startup
💡To strengthen DiliTrust’s portfolio of solutions in the key area of contract management, from their signature to their renewal.
💰DiliTrust has completed its first large-scale external growth operation with Hyperlex.
DiliTrust offers its SaaS solution, the DiliTrust Governance suite, to meet the challenges of digital transformation for legal departments. Hyperlex is a SaaS solution that allows companies to structure and accelerate their contractual process thanks to a proprietary artificial intelligence.
2 | Climentum Capital, a new VC fund to combat climate change
🌍 GreenTech - VC
💡To accelerate Europe’s green transition and to cut down CO2 emissions.
💰 Climentum has secured half of the targeted €150M for its first close, but it expects to close the full fund by the year’s end. It’s backed by corporate investors, banks, industrial conglomerates, prominent family offices and successful tech entrepreneurs.
Climentum Capital is a VC fund that invests in European early-stage tech companies attacking CO2 emissions. It’s looking to make some 25 investments across Europe, from late-seed stage to Series A, with tickets ranging from around €1M to €5M.
3 | XAnge closes €220M in early-stage fund to invest in digital health and Web3
💶 Health tech / Web3 - VC
💡To invest in companies in the seed and early stage while expanding across Europe, specialised in digital health, decentralised finance, Web3, developer tools, bio sourcing and bioproduction.
💰XAnge has €600M in assets under management and tickets will range from €300K to €10M for the newest fund.
XAnge is an impact-driven and tech-enthusiasts VC fund. They focus on making tech accessible to the largest possible audience by investing in startups specialised in data that improve care and have a positive impact.
4 | Bird Office and Kactus merge to create the leading platform for B2B events and raise €10M
🏢 B2B event managment - VC
💡To respond to the entire value chain in the MICE market and to become a reference player on the European market.
💰€10M raised from Eurazeo, BNP Paribas Développement and Raise.
Bird Office and Kactus offer solutions to enable client companies to organize corporate events quickly and easily, to help them meet the challenges of employee engagement.
5 | €20M for Bridge to develop its payment solutions
🏦 Fintech - Startup / VC
💡To strengthen their position as leader of Open Banking in France, to gain new market segments and to continue its international expansion, particularly in Europe.
💰€20M raised from Venture Capital, Truffle Capital and Groupe BPCE.
Bridge offers companies solutions that simplify the initiation and collection of payments. They want to simplify the payment process and access to bank data but also to aggregate, standardize and enrich the processing of financial data.
See you next week 👋
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