G.News 🗞|Your weekly dose of Tech #8
Tired of missing the hottest news from the FrenchTech? 🇫🇷
1 | Masteos raises €40M to become the leader of rental investment in Europe by 2024
🏡 PropTech - Startup / VC
💡To launch themselves in new countries, to continue the development of their solution and to recruit 300 new talents.
💰€40M raised from DST Global Partners, their existing investor daphni, and their own employees.
Masteos is an app that supports individuals at every stage of their rental investment. The startup will find the property, renovate it, furnish it, and put it up for rent on behalf of individual investors.
2 | 360 Capital holds €45M first close for new fund, 360 Square II
🔬 DeepTech - Startup / VC
💡To back pre-seed and seed tech businesses with a focus on deeptech, B2B software, consumer tech startups.
💰Backed by Fonds National d’Amorçage 2, MAIF Avenir, Crédit Mutuel Arkéa, Groupe Rocher and BA.
360 Capital is a VC firm focused on early stage digital and deeptech companies. They have an active portfolio of over 60 companies with more than €400M under management and invests in Southern Europe.
3 | EcoVadis, the newest French unicorn
🖥 Saas - Startup
💡The $500M raised will help EcoVadis to develop their platform (especially in the supply chain level) and to expand their product in Asia.
💰Operation led by Astorg and BeyondNetZero (General Atlantic) with the support of GIC Private Limited et Princeville Capital.
EcoVadis is specialising in the evaluation of CSR. They use data analysis, AI and human analysis to enable companies around the world to obtain a CSR rating at competitive costs.
4 | Broadpeak listed on Euronext Growth Paris
🧑💻 Software - Startup
💡To reach new targets by developing their SaaS cloud platform, to triple their turnover by 2026 and to strengthen their international presence.
💰With a capitalisation of €80M, Broadpeak will raise €20M through the issue of new shares and may be increased to €23M.
Broadpeak specialises in software and systems for video streaming and digital content delivery for content providers and network operators. Broadpeak launched their IPO in May to fund research and development programme for their technology tools and services.
5 | ImCheck Therapeutics raises €96M to develop antibodies that activate immune cells against cancer
🧬 BioTech - Startup / VC
💡To expand their clinical trial which includes a lead candidate in development for both liquid and solid tumors.
💰Operations led by Earlybird and Anderra Partners with the support of Invus, The Leukemia & Lymphoma Society Therapy Acceleration Program and existing investors (Pfizer Ventures, etc.)
ImCheck Therapeutics is developing a broad pipeline of novel immunotherapeutic antibodies harnessing the innate & adaptive immune responses. The startup is part of the FT120.
6 | $15M for BlaBlaCar to support their growth in Brazil
🚗 Saas - Startup / VC
💡This fundraiser aims at developing access to affordable, convenient and environmentally friendly travel in Brazil.
💰$15M raised from International Finance Corporation (World Bank)
BlaBlaCar is a transportation network based on a community of more than 100 million members, who share carpooling and bus rides in 22 countries. Their platform makes travel more economical and convenient.
See you next week 👋
G.Ventures Next-Gen VC for Next-Gen Founders