bpifrance

French deep tech spinout Diamfab crystallizes hopes for diamond semiconductors to support green transition

Its long-term goal is to make more efficient semiconductors with a lower carbon footprint, while supporting what its CEO refers to as "the electrification of society," starting with transportation.

As European dynamism gathers momentum, Elaia and partners double down with new deep tech fund

Elaia's third deep tech seed fund, DTS3, is double the size of the two previous funds, and signals the momentum that is forming around an emerging concept: European dynamism.

Crypto startup Ledger teams up with Cathay Innovation to launch $110M sector fund

Cathay Innovation is hoping to secure the bag in a new investment partnership with a company that secures crypto assets. The $1.5 billion venture capital firm is entering the crypto market with a new

Alice&Bob, a quantum computing startup, raises $30M to launch its first fault-tolerant ‘cat qubit’ computers in 2023

Quantum computing has been something of a holy grail in the world of technology: In theory, it promises an unprecedented amount of processing power that could be used to solve the most complicated pro

Silvr wants to bring revenue-based financing to Europe

French startup Silvr has raised a $20.6 million (€18 million) Series A funding round and has opened a $128 million (€112 million) debt line for its activities. Silvr wants to offer new credit oppo

Frontline worker HR platform Snapshift raises $45M round led by Highland Europe

With the so-called “Great Resignation” many frontline workers (nurses, truck drivers, etc.) are re-assessing their lives in the wake of the pandemic, while older companies are struggling with this

Sweep raises a $22M to aim at large corporates scrambling to deal with carbon

Enterprise SaaS for measuring company carbon emission is hot. Only recently Planetly was acquired by OneTrust for an undisclosed amount. And there are plenty of other startups in the space such as Pla

Nowhere to hide: The emissions threat facing corporate America

Businesses across industries and throughout the world are facing an existential threat that can no longer be ignored.

Gaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund

Paris-based VC fund Gaia Capital Partners has change its name to Revaia and announced the final closing of its first growth fund, at €250 million. The firm said it exceeded its initial target of €

White Star Capital launches new $50M crypto/blockchain fund backed by Bpifrance, Ubisoft

White Star Capital, better known as a VC firm which, in its time, has backed the likes of Digg, LaunchRock, Meero, Summly, and Tier, among others, is moving into the hot world of crypto and blockchain

France’s Sendinblue, an all-in-one digital marketing platform, raises $160M

As more companies and brands put the internet at the core of how they run their businesses these days, it’s giving a strong push to the growth of startups that are building tools to help them. I

France to spend $8.4 billion on digital as part of stimulus plan

The French government unveiled a massive $120 billion (€100 billion) stimulus package earlier today to recover from the economic downturn — it represents 4% of the country’s GDP. As part of this

iBanFirst raises $23.8 million for its borderless financial services

French startup iBanFirst has raised a $23.8 million (€21 million) Series C round from Elaia and Bpifrance’s Large Venture fund. Previous investors include Serena, Breega and Xavier Niel — Serena

France refines its plan to support startups

A few days ago, the French government detailed different measures as part of its support plan for startups. France already announced a $4.3 billion (€4 billion) plan back in March. The new announcem

France announces $4.3B plan to support startups

France’s Minister of State for Digital Affairs Cédric O and public investment bank Bpifrance announced a comprehensive support plan for startups this morning. Some French startups are going to face

PayFit raises $79 million for its payroll service

French startup PayFit is raising a new $79 million funding round (€70 million) from Eurazeo and Bpifrance. The company first started with a payroll service for small and medium companies in France.

Tech investors see bugs as a big business as Ÿnsect raises $125 million

A company using advanced technologies to grow and harvest mealworms (larval beetles) at scale is on track to become one of the venture capital industry’s oddest billion-dollar investments. Ÿnse

French IoT startup Sigfox nabs €150M Series E, reportedly at €600M valuation

Sigfox, the IoT company based out of France that is building a dedicated, global network to connect, monitor and control devices like smart-home alarms, machinery, refrigerators and city streetlights,

iAdvize Grabs $16 Million For Its Customer Engagement Platform

French startup <a target="_blank" href="http://www.iadvize.com/en/">iAdvize</a> just raised $16 million (€14 million) from <a target="_blank" href="https://www.crunchbase.com/organization/iris-capit