Macron announces €5 billion late-stage investment pledge from institutional investors

President Emmanuel Macron announced in a speech ahead of France Digitale Day that the French government has convinced institutional investors to invest more heavily in late-stage VC funds and asset managers in one way or another. Institutional investors have committed to investing $5.5 billion (€5 billion). “We’ll have €2 billion that will go in so-called […]

Zyl raises $1.1 million to resurface old memories from your photos

French startup Zyl has raised $1 million (€1 million) in a round led by OneRagtime. The company has developed an app that uses artificial intelligence to find the most interesting photos and videos in your photo library. Now that smartphones have been around for a while, many people have thousands of unsorted photos on their […]

Akeneo raises $46 million for its product information management service

French startup Akeneo has raised a $46 million Series C round led by Summit Partners, with existing investors Alven, Partech, Salesforce Ventures and Stephan Dietrich also participating. The company develops a popular product information management (PIM) service to manage all information about products in your stores, online and in paper catalogs. Akeneo started as a […]

Lime stops working with freelancers in Paris

Scooter startup Lime is ending the juicer model in Paris. The company has announced that it will stop working with freelancers to recharge scooter batteries at night. Lime is switching to Amazon’s model by partnering with third-party companies. Lime has often been criticized for relying on freelancers to take care of its scooters. As Libération […]

Dejbox wants to deliver food to offices in business districts at scale

Meet Dejbox, a French food delivery startup that tries to avoid busy cities in order to accommodate people who really need a new lunch option. The company is a food delivery startup that designs its own meals and works with other companies to cook them, sell them and deliver them. “Corporate headquarters are more and […]

Bird plans to hire 1,000 people in Paris

Scooter startup Bird is betting on the French market in a significant way. The company plans to open up its biggest European office in Paris. Eventually, Bird wants to hire 1,000 people by mid-2021, which is a meaningful number for a company that has been around for a couple of years. Paris is an important […]

Karamel is an app to find activities for your kids

French startup Karamel wants to help you find things to do for your kids. The company is launching a mobile app that lets you find and book kid-friendly activities around you. The startup also just raised a $560,000 round (€500,000) from Kima Ventures, Roxanne Varza, Thibaud Elzière and Oleg Tscheltzoff. Varza participates in the Atomico […]

Clever Cloud launches GPU-based instances

French startup Clever Cloud is a cloud hosting company that operates a Platform as a Service (or PaaS). The company just launched GPU-based instances for machine learning purposes under a new brand, Clever Grid. Behind the scene, the company uses Nvidia GeForce GTX 1070. You get billed by the minute and the most basic instance […]

Dott raises $34 million to build a sustainable scooter startup

European micro-mobility startup Dott is about to raise a $34 million Series A round (€30 million). Compared to many scooter companies out there, the startup is taking a careful approach when it comes to growth in order to build a good reputation and a sustainable service. EQT Ventures and Naspers are leading today’s found. Existing […]

Shine adds premium accounts to its bank for freelancers

French startup Shine is launching two new features today — Shine Premium, a premium account with basic insurance coverage for freelancers, and support for more types of companies using Shine Start. Shine is building an alternative to traditional bank accounts for freelancers. In addition to bank information and a payment card, users can register a “micro-company” […]