> Chinese giant Tencent
led two big rounds in the French tech economy, investing in mobile payment platform Lydia
(€40m Series B
) and bank for SMEs Qonto
(€104m Series C
). Tencent, which heavily participated to the transformation of China into a cashless society
with its flagship super-app WeChat, is accelerating its investment strategy in Europe. Are WeChat-like apps coming to the West? Read my detailed article here
> DIY marketplace ManoMano has raised €125m
in a round led by Singapore’s Sovereign Fund Temasek
, existing investors General Atlantic, Eurazeo, Piton Capital, Bpifrance and Kismet Holdings also participating. The operation, which occurs only one year after a €110m Series D, should help the scaleup strengthen its position in Europe and become profitable out of France.
> Lyon-based LumApps
, which develops a platform to connect and engage all employees in a central hub, raised
a $70m Series C
. Investors include Goldman Sachs (lead), Bpifrance
, Idinvest Partners
, Iris Capital
and Famille C
> iBuyer Homeloop bagged €20m
to achieve its ambitious goal of €100m in deal value in 2020. The company offers to quickly buy your properties online at a discounted price and then resell it with a great margin.
> SaaS solution for community management (alumni, employees, etc.) Hivebrite landed
a €18m Series A
led by NYC-based Insight Venture Partners
> SaaS platform for residential property management Matera
(formerly illicopro) grabbed €10m
in a round led by Index Ventures
. The startup already enrolled 1,000 residential buildings and 25,000 users.
> Other funding rounds include temp platform GoJob (€11m), open-source cloud platform Containous (€9m), live video enabler Aviwest (€8m), environmental quality sensors startup Rubix S&I (€7m), workplace virtualization Wisper (€5m), 2nd-hand automotive parts marketplace Marketparts.com (€3m), energy-efficient solution for mobile infrastructure Wupatec (€2.5m), medical transport solution Sanilea (€2.5m), cybersecurity SaaS Yogosha (€2m), design-testing platform Maze (€1.8m), data protection startup Fair&Smart (€1.7), food procurement solution FoodMeUp (€1.7m) and recruiting platform Extracadabra (€1.5m) among others.