French startup BlaBlaCar has raised a new $115 million funding round (€97 million). While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace with the acquisition of Ouibus and an online bus ticketing platform with the acquisition of Busfor. Existing investor […]
Categories France Newsletter
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French startup Lengow has a new landlord as Marlin Equity Partners has acquired a majority stake in the company. Lengow operates a softare-as-a-service platform to optimize e-commerce listings. Terms of the deal are undisclosed. In particular, many sellers now list their items on multiple e-commerce websites at once. For instance, […]
French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131 […]
French startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures, with 360 Capital also participating. The company has been working on wearable airbag systems for motorbikes. Integrated in a vest, the airbag is completely autonomous and can detect crashes in 60 milliseconds. The company […]
Don’t call it StopCovid anymore. France’s contact-tracing app has been updated and is now called TousAntiCovid, which means “everyone against Covid”. The French government is trying to pivot so that it’s no longer a contact-tracing app — or at least not just a contact-tracing app. Right now, TousAntiCovid appears to […]
French startup Spendesk has added $18 million to its Series B round. The company already raised $38.4 million as part of its Series B last year, which means that it raised $56.4 million as part of this round. Eight Roads Ventures is investing in today’s extension round. Spendesk, as the […]
French startup Exotec has raised a $90 million Series C round led by 83North, with existing investors Iris Capital and Breega also participating. Other existing investors include 360 Capital. The company has been working on semi-automated warehouses for e-commerce clients. The system is based on tiny robots called Skypods. They […]
French startup Majelan is pivoting a year after launching a podcast player and service. The company, created by former Radio France CEO Mathieu Gallet and Arthur Perticoz, is ditching the podcast aggregation side of its business and focusing on premium audio content going forward. Like many podcast startups, Majelan has […]
France’s data protection watchdog CNIL has released its second review of StopCovid, the contact-tracing app backed by the French government. The CNIL says there’s no major issue with the technical implementation and legal framework around StopCovid, with some caveats. France isn’t relying on Apple and Google’s contact-tracing API. Instead, a […]
France’s lower chamber of the parliament has voted in favor of a controversial law against hate speech on social networks and online platforms. As I described last year, online platforms will have to remove within 24 hours illicit content that has been flagged. Otherwise, companies will have to pay hefty […]