France Newsletter

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  • Y Combinator's Sam Altman on Valuation, Competition, and Evil

    Y Combinator Squares Up To 500 Startups, Takes Its One-Day Event International

    Y Combinator, the mother of tech accelerators, says it is not planning to run its three-month YC program anywhere but Mountain View, but it is definitely starting to look further afield. Today YC announced that it would start running its Startup School, its one-day networking event, in cities outside of the Valley, starting first with New York and London. Read More

  • Drivy Raises $8.3 Million For Its Community-Based Car Rental Service

    Drivy Raises $8.3 Million For Its Community-Based Car Rental Service

    French startup Drivy raised a Series A round of $8.3 million (€6 million) from Index Ventures and Alven Capital. These two investors already put $2.8 million (€2 million) in seed funding. As a reminder, Drivy allows anyone to rent out their car. On the other side, you can go to Drivy’s app or website to rent a car, usually for less than what it would cost you in a brick and mortar… Read More

  • Amazon Takes A 25% Stake In Colis Prive To Ramp Up Its Delivery Network In France

    Amazon Takes A 25% Stake In Colis Prive To Ramp Up Its Delivery Network In France

    E-commerce giant Amazon has reportedly made its first investment into the French market: it has acquired a 25% stake in Colis Privé, a delivery company that competes in France against the likes of state-owned La Poste, and global giants TNT, DHL, UPS and FedEx to deliver parcels. The news was first reported by the French site le Journal du Net, which claims it has had direct confirmation. We… Read More

  • Augment Raises $1.5 Million For Its Augmented Reality Solution

    Augment Raises $1.5 Million For Its Augmented Reality Solution

    French startup Augment raised $1.5 million to fuel international growth. Three private investors participated in this round — Alain Roubach, Georges Saier and Stanislas Cromback. Augment makes augmented reality useful for salespeople. Whenever you want to show how furniture, merchandising displays or even art prints would look, you can just use your iPad. You can upload your 3D models to… Read More

  • France Could Create A Developer Visa To Support French Startups

    France Could Create A Developer Visa To Support French Startups

    French Secretary of State for the digital economy Axelle Lemaire announced in an interview with Le JDD that the French government will work on a developer visa for highly skilled employees. While the French government already announced that it plans to create a so-called startup visa for entrepreneurs and investors, Lemaire wants to extend this visa to engineers. According to French… Read More

  • Google Is Preparing To Pay A Huge Fine For Tax Noncompliance In France

    Google Is Preparing To Pay A Huge Fine For Tax Noncompliance In France

    France’s equivalent of the IRS (Direction générale des finances) has been investigating Google for tax noncompliance. With only €138 million of revenue reported in France in 2011, something wasn’t right. Le Canard Enchaîné first reported in 2012 that the company owed $1.3 billion (€1 billion). Le Point confirmed this number in 2014. Google will probably end up paying less… Read More

  • Appsfire Launches ‘Brichter-San’, A Native Pull-To-Refresh Ad Unit

    Appsfire Launches ‘Brichter-San’, A Native Pull-To-Refresh Ad Unit

    Advertising tech company Appsfire is rolling out a new ad unit again! This time, it’s called Brichter-San, and it’s all about taking advantage of the load time when you pull to refresh. These are native ads, but the content is automatically provided by Appsfire. Once again, Brichter-San seems to be mostly about app promotion. After implementing the ad unit, your app will… Read More

  • France Joins Open Government Partnership

    France Joins Open Government Partnership

    French minister Marylise Lebranchu announced earlier today at the Paris Conference that France is joining the Open Government Partnership. It’s the logical next step following France’s work on open data and open government. In particular, a small entity called Etalab acted like a startup within the French government to release a new version of Data.gouv.fr. Many open data… Read More

  • Flash Fashion Site SecretSales Raises £4.5M, Led By Partech

    Flash Fashion Site SecretSales Raises £4.5M, Led By Partech

    Flash fashion sales site SecretSales.com, a significant UK player, has raised £4.5 million – its third round of funding – from Partech Ventures’ new Partech VI fund and French private equity firm 123Venture, as well as existing investors Pentech and Doughty Hanson. The co-founders and key managers also participated. The cash will be used on product and customer… Read More

  • Intralinks Acquires Document Security Service docTrackr

    Intralinks Acquires Document Security Service docTrackr

    Enterprise software vendor Intralinks acquired document encryption service docTrackr for $10 million in cash. Gigaom first spotted the news in an SEC filing, Intralinks confirmed in a release. docTrackr provided powerful plugins to add a security layer on top of Gmail or Box. For example, you could send a PDF file using docTrackr to encrypt the file on your computer and then track it. You… Read More

  • Uber, SnapCar And Others May Not Be Able To Use Geolocation In France

    Uber, SnapCar And Others May Not Be Able To Use Geolocation In France

    Thomas Thévenoud had an impossible job — he was the member of the Assemblée Nationale in charge of finding an agreement between urban transportation startups and taxi unions in France. He just announced his report to those companies, and it will become a law in the coming weeks. But some of the 30 points are highly controversial. For example, Uber, Chauffeur-Privé, LeCab and… Read More

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