Tracxn - Geo Monthly Report - France Tech - Dec 2021

TRACXN MONTHLY REPORT
DECEMBER 2021
FRANCE TECH

France Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
France Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 9
Top Funded Business Models - last 1 year 11
New Analyst Picks 12
IPOs 15
Acquisitions 16
Recent News 17

France Tech Snapshot – December 2021
France Tech: Snapshot – December 2021
Note : "Investors" refers to "Institutional Investors" only
3
$379M
15 1
Overall Geo Stats
20
7
84
26
29
Funding Rounds $ Invested Analyst Picks
Lydia Upgraded to
UNICORN
New Investors
brainib.com
Lansdowne Partners
Series A+ rounds Active Investors IPOs
Toosla
Acquisitions
PrestaShop
Kiute
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Paris
(15 Rounds, $287M)
Carnon-plage
(1 Rounds, $22M)
Clapiers
(1 Rounds, $11.3M)
Champs-sur-marne
(1 Rounds, $11.3M)
$100M - Series C
Lydia (2013, Paris, $260M)
$44M - Series B
GitGuardian (2017, Paris, $56.2M)
$34.5M - Series A
Depixus (2012, Paris, $47M)
$28.2M - Series B
La Belle Vie (2014, Paris, $47.4M)
Bpifrance
(3 Investments)
Balderton Capital
(3 Investments)
Kima Ventures
(2 Investments)
Casdin Capital
(2 Investments)
Payments
Lydia
Genomics
Depixus
Life Sciences Platforms and Tools
Meiogenix
Cybersecurity
GitGuardian
Market Size
Companies Covered 17,243
Funded Companies 5,659
Total Funding $40.5B
Funding in last 12 months $10.7B
Top Exits
IPOs 184
Acquisitions 1,004
Company Stage
Unicorns 22
Soonicorns 95
Minicorns 481
Editor Picks 2,126
Series A+ 1,502
Series C+ 270
Acqui-Hires 8
Deadpooled 1,108
Top Cities
Paris (2,557 Rounds, $26.1B)
Lyon (153 Rounds, $1.1B)
Top Investors
Bpifrance (309 Investments)
Kima Ventures (237 Investments)

Investment Snapshot
Investment Snapshot of France Tech as of December 2021
France Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (December 2021)*
Lydia
(2013, Paris, $260M)
$100M - Series C Tencent
GitGuardian
(2017, Paris, $56.2M)
$44.0M - Series B Eurazeo
Depixus
(2012, Paris, $47.0M)
$34.5M - Series A Bpifrance
La Belle Vie
(2014, Paris, $47.4M)
$28.2M - Series B Left Lane Capital
Sweep
(1998, Carnon-plage, $27.0M)
$22.0M - Series A Balderton Capital
PDC*line Pharma
(2014, Grenoble, $64.6M)
$19.8M - Series B Korea Investment Partners
Numeral
(2021, Paris, $14.6M)
$14.6M - Seed Balderton Capital
Corteria Pharmaceuticals
(2021, Paris, $13.6M)
$13.6M - Seed Kurma Partners
Meiogenix
(2010, Paris, $13.0M)
$13.0M - Series A Sofinnova Partners
itk
(2003, Clapiers, $12.4M)
$11.3M - Series A EDF
Milvue
(2018, Paris, $9.0M)
$9.0M - Series A
*Shows only the lead Investors

List of Funding Rounds (1/4)
List of Funding Rounds in France Tech in December 2021
France Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$7.9M - PE
easiware (2008, Paris, $7.9M)
Provider of NPS based customer tracking,
communication management, and customer service
management platform
Ardian
LATE STAGE
$100.0M - Series C
Lydia (2013, Paris, $259.7M)
App-based mobile payment platform for consumers
Tencent, Accel, Founders Future, Dragoneer
Investment Group, Echo Street Capital
EARLY STAGE
$4.0M - Series A
Lum Network (2021, Paris, $4.0M)
Blockchain-based network for businesses to gain
customer trust
Ki Foundation, SwissBorg, Arcanum Capital, Peng
Zhong, Owen Simonin, and 1 more
EARLY STAGE
$5.0M - Series A
Rarecells (2009, Paris, $13.0M)
Developer of noninvasive tests for earlier cancer
diagnoses
EARLY STAGE
$5.1M - Series A
HypnoVR (2016, Strasbourg, $5.9M)
Provider of VR-based headsets for stress management
Theodorus, Banque des Territoires, Akiles, Alsace
Creation, Guillaume Richard
EARLY STAGE
$6.8M - Series B
FineHeart (2010, Pessac, $51.9M)
Developer of an implantable cardiovascular device for
treating heart failures
Doliam, , Verve Ventures
EARLY STAGE
$6.8M - Series A
Végétalement Provence (2013, Saint-remy-de-
provence, $6.8M)
Internet first brand offering multi-category organic
beauty products
CONNECT PRO, BNP Paribas Developpement, ,
EARLY STAGE
$9.0M - Series A
Milvue (2018, Paris, $9.0M)
Provider of AI-based medical image analysis
EARLY STAGE
$11.3M - Series A
itk (2003, Clapiers, $12.4M)
Developer of a software platform for farm data
analytics and precision agriculture planning
BNP Paribas, Banque Populaire, EDF, Starquest Capital

6
EARLY STAGE
$13.0M - Series A
Meiogenix (2010, Paris, $13.0M)
Developer of novel breeding technologies for crop
plants
Sofinnova Partners, Casdin Capital, Genoa Ventures,
Bpifrance, Alexandria
EARLY STAGE
$19.8M - Series B
PDC*line Pharma (2014, Grenoble, $64.6M)
Developer of therapeutic vaccines for the treatment of
cancer
Korea Investment Partners, , SFPI, , Sambrinvest, and 3
more
EARLY STAGE
$22.0M - Series A
Sweep (1998, Carnon-plage, $27.0M)
SaaS based platform to reduce carbon emissions in
business and value chain
Balderton Capital, New Wave, La Famiglia, 2050do
EARLY STAGE
$28.2M - Series B
La Belle Vie (2014, Paris, $47.4M)
Online platform for ordering grocery products
Left Lane Capital, Quadrille Capital
EARLY STAGE
$34.5M - Series A
Depixus (2012, Paris, $47.0M)
Provider of solutions for single-molecule genetic and
epigenetic sequencing
Bpifrance, Lansdowne Partners, Casdin Capital, Arix
Bioscience
EARLY STAGE
$44.0M - Series B
GitGuardian (2017, Paris, $56.2M)
Cloud based security solutions for source code
Eurazeo, Sapphire Ventures, Balderton Capital, Fly
Ventures, Bpifrance
SEED STAGE
$1.1M - Seed
Dyameo (2017, Limoges, $1.1M)
Developer of endoscopic probes for cancer detection
Aquiti Gestion, Medevice
SEED STAGE
$1.1M - Seed
LoneScale (2020, Nantes, $1.1M)
Cloud based customer communication management
solutions provider
OneRagtime
SEED STAGE
$1.8M - Seed
Lumos (2020, Nanterre, $1.8M)
Provider of AI-enabled mobile application publishing
services
Bpifrance, Breega

7
SEED STAGE
$2.0M - Seed
Fraîche (2019, New York, $3.0M)
Platform offering smart vending machine offering fresh
meals
Newlab, Pascal Rigo, Jean Moueix, Bruno Caron, Julien
Caron
SEED STAGE
$2.9M - Seed
Marmelade app (2017, Paris, $2.9M)
Safety training platform for enterprises
Brighteye Ventures, Aster Capital, , Kima Ventures
SEED STAGE
$3.4M - Seed
Neurinnov (2018, Les Aires, $3.4M)
Developer of active implantable medical devices to
restore the function of the hand
IRDInov, UI Investissement, SOFILARO
SEED STAGE
$4.4M - Seed
JellyFi (2021, Paris, $4.4M)
Online crypto lending platform for businesses
Lemniscap, Tioga Capital, Digital Currency Group,
Genesis Trading, AngelDAO, and 5 more
SEED STAGE
$4.5M - Seed
Aria (2019, Saint-ouen, $4.5M)
On-demand pay for self-employed workers
Otium Capital, Arthur Waller, Oleg Tscheltzoff, Michael
Diguet
SEED STAGE
$5.7M - Seed
Unlimitd (2021, Lille, $5.7M)
Online platform for revenue-based financing
Michael Cohen, Michel de Guilhermier, Ilan Elbase,
Jordan Zeitoun
SEED STAGE
$6.0M - Seed
Dogami (2018, Paris, $6.0M)
App-based trading solutions for 3D NFT dog avatars
Ubisoft, Animocabrands, GHAF Capital, Blockchain
Founders Fund, Draper Goren Holm, and 2 more
SEED STAGE
$13.6M - Seed
Corteria Pharmaceuticals (2021, Paris, $13.6M)
Developer of therapeutics for the treatment of heart
failure
Kurma Partners, Invivo, V-Bio Ventures, Omnes Capital
SEED STAGE
$14.6M - Seed
Numeral (2021, Paris, $14.6M)
Payment API integration solutions for tech companies
Balderton Capital, Kima Ventures, Alexandre Prot, Tom
Blomfield, Guillaume Princen

8
SEED STAGE
Seed
DOMOS FS (2013, Paris)
Deal management solutions for alternative investment
fund managers
SimCorp
SEED STAGE
Seed
LOLO (2019, Champs-sur-marne)
Internet first brand offering eco-friendly innerwear for
women
OBRATORI

New Investors (1/2)
List of New Investors in France Tech in December 2021
France Tech: List of New Investors
9
Investor Company Info Round Amount Round Name
brainib.com
2 portfolio companies | Diversified asset management firm
PDC*line Pharma
Developer of therapeutic vaccines for the treatment of cancer
$19.79M Series B
Lansdowne Partners
19 portfolio companies | Diversified investment management firm
Depixus
Provider of solutions for single-molecule genetic and epigenetic
sequencing
$34.52M Series A
SFPI
34 portfolio companies | PE firm focused on private & public companies
PDC*line Pharma
$19.79M Series B
Animocabrands
76 portfolio companies | Mobile games developer focusing on franchise-based
core games
Dogami
$6.00M Seed
Ubisoft
5 portfolio companies | Video game developer and publisher
Dogami
$6.00M Seed
groupe-credit-du-nord.fr
1 portfolio companies |
Végétalement Provence
Internet first brand offering multi-category organic beauty products
$6.78M Series A
AngelDAO
3 portfolio companies | Provider of blockchain development services
JellyFi
$4.40M Seed
Echo Street Capital
2 portfolio companies | An investment management firm
Lydia
$100M Series C
SimCorp
2 portfolio companies | Front & back-office solutions for investment managers
DOMOS FS
Deal management solutions for alternative investment fund managers
Undisclosed Seed
Invivo
4 portfolio companies | Home - Invivo Capital
Corteria Pharmaceuticals
Developer of therapeutics for the treatment of heart failure
$13.57M Seed

New Investors (2/2)
List of New Investors in France Tech in December 2021
France Tech: List of New Investors
10
Investor Company Info Round Amount Round Name
Blockchain Founders Fund
5 portfolio companies | Provider of block-chain focused investment services
Dogami
$6.00M Seed
OBRATORI
2 portfolio companies | Sector agnostic startup studio
LOLO
Internet first brand offering eco-friendly innerwear for women
Undisclosed Seed
ALPHA SERVICES AND HOLDINGS
1 portfolio companies | Diversified insurance carrier
PDC*line Pharma
$19.79M Series B
Genesis Trading
2 portfolio companies | Trading & investment platform for cryptocurrencies
JellyFi
$4.40M Seed
Medevice
1 portfolio companies | Venture capital fund investing in medtech & e-health
startups
Dyameo
Developer of endoscopic probes for cancer detection
$1.13M Seed
DeFiance Capital
38 portfolio companies | Venture capital firm investing in decentralised finance
startups
JellyFi
$4.40M Seed
GHAF Capital
4 portfolio companies | GHAF Capital Partners – Crypto VC in Dubai, U.A.E
Dogami
$6.00M Seed
Newlab
3 portfolio companies | Provider of managed co-working space for AI & life
sciences industry
Fraîche
Platform offering smart vending machine offering fresh meals
$2.00M Seed
Theodorus
10 portfolio companies | VC fund investing in early-stage technology companies
HypnoVR
Provider of VR-based headsets for stress management
$5.10M Series A
SwissBorg
2 portfolio companies | B2B robo advisory and crypto wealth management
solution
Lum Network
Blockchain-based network for businesses to gain customer trust
$4.00M Series A

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
11
Rank Business Model $ Funding # Rounds Top Funding Round
1 <> 0 Marketplaces Software Suite $555M 1 Mirakl | $555M | Series E
2 ▲1 Marketing Analytics $500M 1 ContentSquare | $500M | Series E
3 ▲1 Customer Journey Analytics $500M 1 ContentSquare | $500M | Series E
4 ▲8 Data Science Platforms $400M 2 Dataiku | $400M | Series E
5 ▲8 Data Science Platforms $400M 2 Dataiku | $400M | Series E
6 -- Offline Crypto Wallets $380M 1 Ledger | $380M | Series C
7 ▼-1 Home Furnishing Products Marketplaces $355M 1 ManoMano | $355M | Series F
8 -- Insurance Risk Management $226M 3 Shift Technol.. | $220M | Series D
9 -- Financial Fraud Detection $220M 2 Shift Technol.. | $220M | Series D
10 ▲17 Internet First Health Insurers $220M 1 Alan | $220M | Series D

New Analyst Picks (1/3)
Interesting Companies identified by Analysts in France Tech in December 2021
France Tech: Analyst Picks
12
Upgraded to UNICORN
Lydia (2013, Paris, $86.0M, Series B)
Siparex, Accel, NewAlpha Asset Management and 10
other Investors
Upgraded to MINICORN
Depixus (2012, Paris, Undisclosed, Series A)
Provider of solutions for single-molecule genetic and
epigenetic sequencing
Arix Bioscience, Lansdowne Partners, Casdin Capital
and 2 other Investors
Sweep (1998, Carnon-plage, $22.0M, Series A)
SaaS based platform to reduce carbon emissions in
business and value chain
2050do, New Wave Ventures, New Wave and 3 other
Investors
Meiogenix (2010, Paris, $13.0M, Series A)
Developer of novel breeding technologies for crop
plants
Sofinnova Partners, Bpifrance, Kurma Partners and 4
other Investors
Numeral (2021, Paris, $14.6M, Seed)
Payment API integration solutions for tech companies
Kima Ventures, Alexandre Prot, Tom Blomfield and 2
other Investors
Marmelade app (2017, Paris, $2.9M, Seed)
Safety training platform for enterprises
Brighteye Ventures, , Aster Capital and 1 other
Investors
JellyFi (2021, Paris, $4.4M, Seed)
Tioga Capital, Parafi Capital, Lemniscap and 7 other
Investors
Aria (2019, Saint-ouen, $4.5M, Seed)
On-demand pay for self-employed workers
Arthur Waller, Michael Diguet, Kima Ventures and 3
other Investors
Lum Network (2021, Paris, $4.0M, Series A)
Blockchain-based network for businesses to gain
customer trust
Peng Zhong, Ki Foundation, SwissBorg and 3 other
Investors

13
Milvue (2018, Paris, $9.0M, Series A)
Provider of AI-based medical image analysis
Unlimitd (2021, Lille, $5.7M, Seed)
Online platform for revenue-based financing
Michel de Guilhermier, Michel de Guilhermier, Jordan
Zeitoun and 2 other Investors
Added to Editor's Pick
itk (2003, Clapiers, $487K, Seed)
Developer of a software platform for farm data
analytics and precision agriculture planning
BNP Paribas, EDF, Starquest Capital and 2 other
Investors
Sinay (2008, Caen, $1.8M, Seed)
Provider of AI-based marine tracking data solutions
Zebox, BNP Paribas, Alpana Ventures and 3 other
Investors
DOMOS FS (2013, Paris, Undisclosed, Seed)
Deal management solutions for alternative investment
fund managers
LHoFT,SimCorpand
Octopize (2020, Nantes, $1.8M, Seed)
Online software for data anonymization
Pays de la Loire Participations, Bpifrance, Crdit Agricole
and 2 other Investors
Végétalement Provence (2013, Saint-remy-de-
provence, $6.8M, Series A)
Internet first brand offering multi-category organic
beauty products
CONNECT PRO, , and 2 other Investors
MastOR (2019, Paris, $2.1M, Grant (prize money))
Provider of surgical assistance platform for digestive
procedures
Sofinnova Partners,MD Start,Bpifranceand
Indeez (2020, Paris, Undisclosed, Seed)
Online workers compensation insurance platform for
gig economy & freelancers
Mosaic Venturesand
Deepflow (2019, Bordeaux, Unfunded)
AI-based platform for industrial quality inspection
Techstarsand

14
Swello (2010, Toulon, Unfunded)
Platform offering software for social media
management
Olbia Investand
SILINA (2021, Paris, Unfunded)
Manufacturer of curved imaging sensors
Agoranov,Nubboand
Bricks.co (2021, Montpellier, Unfunded)
Online fractional real estate investment platform for
individuals
Courtin Investmentand
Ki Foundation (2006, Paris, Unfunded)
Provider of blockchain network and ecosystem for DeFi
Plebicom (2000, Paris, Unfunded)
API-based marketing solutions for banks and
businesses
Terremys (2018, Illkirch-graffenstaden, Unfunded)
Provider of drone services for geomagnetic surveying
SCRIBZEE (2016, Herouville-Saint-Clair, Unfunded)
Provider of a scanner app

IPO Date Company IPO Mcap Exchange Ticker
17 Dec 2021
Toosla (2016, Reims, $8.8M)
App-based car rental platform
$ Euronext:ALTOO
IPOs
List of IPOs in France Tech in December 2021
France Tech: IPOs
15

Acquisitions
List of Acquisitions in France Tech in December 2021
France Tech: Acquisitions
16
Acq. Date Company Acquirer Deal Size
02 Dec 2021
PrestaShop(2007, Paris, $13.4M)
Developer of an open source e-Commerce software with
PrestaShop
mbe.it
03 Dec 2021
Kiute(2016, Paris)
Online appointment booking platform for salons
Booksy
03 Dec 2021
Lido(2002, Paris)
Provider of a marketplace listing events
Accor
07 Dec 2021
Foxintelligence(2016, Paris, $0.7M)
Cloud-based marketing intelligence platform
NielsenIQ
14 Dec 2021
AppScho(2014, Paris, $1.4M)
Student engagement app for higher educational institutes
Ready Education
16 Dec 2021
GeoUniq(2015, Paris)
Provides location-based SDK for enabling applications
Cloud4Wi
22 Dec 2021
Sportnco(2008, Labege)
Software solutions for sports betting platforms
Gaming Innovation Group $57.3M

Recent News (1/2)
Recent News in France Tech in December 2021
France Tech:News
17
Exit News
.
● Philips to Expand Its Cardiac Diagnostics and Monitoring Portfolio With the
Acquisition of Cardiologs Imaging Technology News
.
● Worldline to take 80% stake in Eurobank’s merchant acquiring arm Electronic
Payments International
.
● fuboTV Announces Completion of Molotov SAS Acquisition Business Wire
.
● CoinShares Agrees to Acquire Napoleon and its Social Trading Platform
Expanding into New Consumer Market Segment GlobeNewswire
.
● Criteo's $380M deal for Iponweb adds powerful partner in cookie replacement
race MarketingDive
.
● Sodexo sells the Lido to Accor AGEFI
.
● InVivo seals the acquisition of Soufflet for 2.2 billion euros AGEFI
.
● Photizo acquires Lyra OPI
.
People News
.
● ESI Group Announces New Management Business Wire
● AVEVA Announces Appointment of Nayef Bou Chaaya as Vice-President Sales
and Head of Middle East and Africa globalsecuritymag.com
.
● Ÿnsect Announces New Organization & Management to Lead Acceleration and
Growth Alongside its Ambition to Feed ... CNW
.
● Shippeo introduces Anand Medepalli as Chief Product Officer Business Wire
.
● Kelly Beaver is appointed CEO of Ipsos UK & Ireland Research Live
.
● Grita Loebsack appointed president of Beiersdorf-owned Nivea Fashion Network

Explore more on Tracxn
Explore more about France Tech on Tracxn Platform
France Tech: Explore more on Tracxn Platform
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Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in France
AI Companies in France
Fintech Companies France
Consumer Digital in France
Company Due Diligence
Detailed profile of Mirakl
Competitors of ContentSquare
Cap Tables of Sorare
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
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News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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Tracxn - Geo Monthly Report - France Tech - Dec 2021

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