France Newsletter

French VC firm Breega raises $130 million fund

Breega, a VC firm based in Paris, has announced the final closing of its third fund. The firm has managed to raise $130 million (€110 million). This is Breega’s third fund and is officially called

PayFit raises $107 million for its payroll and HR platform

French startup PayFit has raised a $107 million series D funding round (€90 million). Eurazeo Growth and Bpifrance’s Large Venture fund are leading today’s round. Existing investors Accel, Frst

Vestiaire Collective raises $216 million for its second-hand fashion platform

Vestiaire Collective announced a new funding round. The company has raised $216 million, or €178 million — it has reached a valuation above $1 billion, making it a unicorn. French fashion and lux

Private equity firm Marlin snatches up e-commerce optimization platform Lengow

French startup Lengow has a new landlord as Marlin Equity Partners has acquired a majority stake in the company. Lengow operates a software-as-a-service platform to optimize e-commerce listings. Terms

Powder raises $14 million for its social app for game clips

Meet Powder, a French startup that helps you share video clips of your favorite games, follow people with the same interests and interact with them. The company has raised a $14 million Series A round

Hyper casual game publisher Homa Games raises $15 million

French startup Homa Games has raised a $15 million seed round led by e.ventures and Idinvest Partners. The company has built several in-house technologies that can take a game from prototype to App St

ManoMano’s sales are growing rapidly for its home improvement e-commerce platform

It’s been a year since I covered ManoMano, the French e-commerce platform focused on DIY, home improvement and gardening products. And 2020 has been a successful year as the company’s gross mercha

Cajoo promises grocery deliveries in 15 minutes

Meet Cajoo, a new French startup that has raised a $7.3 million (€6 million) funding round. The company wants to make it easier to order groceries from your phone and receive them 15 minutes later.

Beam raises $9.5 million to build a web browser that collects ideas

Beam has raised a $9.5 million Series A round. The company is working on a new web browser that completely rethinks the way you start a web session and browse the web. The startup is founded by Dom Le

Seyna is building an insurance-as-a-service startup for the French market

French startup Seyna is getting a new CEO. Stephen Leguillon is joining the company as chief executive while Philippe Mangematin is stepping back from day-to-day activities for personal reasons — he

Chefclub raises $17 million to expand its food media brand beyond social networks

French startup Chefclub announced earlier this week that it has raised a $17 million funding round led by First Bridge Ventures. SEB Alliance, the venture arm of kitchen appliance maker Groupe SEB, Ko

Corporate card startup Mooncard challenges American Express in France with miles

French startup Mooncard is partnering with Flying Blue to offer Air France miles to its customers. This is the first time you can earn miles with a payment card in France that isn’t an American Expr

SaaS startup studio eFounders launches a fintech startup studio

eFounders is expanding its focus by creating a second startup studio called Logic Founders. This time, Logic Founders is going to focus on fintech startups exclusively. Camille Tyan (pictured above) i

Alma raises $59.4 million for its Klarna-like payment option

French startup Alma is raising a $59.4 million Series B funding round (€49 million). The company has been building a new payment option for expensive goods. You can choose to pay over three or four

Bodyguard is a mobile app that hides toxic content on social platforms

If you’re somewhat famous on various social networks, chances are you are exposed to hate speech in your replies or in your comments. French startup Bodyguard recently launched its app and service i

Accounting automation startup Georges raises $42.4 million and rebrands to Indy

French startup Georges — or Georges.tech — is raising a new round of funding of $42.4 million (€35 million). The company is also getting a new name and will be called Indy going forward. The sta

Health insurance startup Alan launches free medical app Alan Baby

French startup Alan is generating 100% of its revenue from health insurance products — and that isn’t going to change. But the company wants to start a conversation with a bigger use base. Alan is

Iziwork raises $43 million for its temporary work platform

French startup Iziwork has raised a $43 million funding round. Cathay Innovation and Bpifrance’s Large Venture fund are participating in this funding round. The company has been building a platform

Molotov starts its international expansion with seven African countries

French startup Molotov provides an OTT TV streaming service in France with live TV, premium channels, a cloud DVR and on-demand content. While the service has managed to attract 13 million users in Fr

PhotoRoom launches background-removal app on Android

French startup PhotoRoom is launching its app on Android today. The company has been working on a utility photography app that lets you remove the background from a photo, swaps it for another backgro
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