Paris-based VC firm Breega has observed Africa’s tech ecosystem mature over the years. From receiving less than a billion dollars in venture capital per year to a record-high $ 6 billion, there’s also been an increase in high-growth companies, from one unicorn to seven within the span of three years. Now the VC wants to […]
Paris-based VC firm Blisce launches climate tech fund with a target of $160M
Blisce has become the latest VC firm to launch a fund dedicated to climate tech, for which it plans to raise as much as €150 million (about $ 162 million). The firm is hiring investor Pierre-Edouard Berion to lead the fund, and Lucie Basch, the co-founder of Too Good To Go, is going to support […]
Lago, a Paris-based open source billing platform, banks $22M
A startup out of Paris that began life building marketing tools has raised $ 22 million after making a successful pivot into billing — a space it discovered was even more broken among potential customers. Lago, developer of an open-source billing platform, has picked up the funding across two rounds of funding it’s revealing to […]
Paris-based VC firm Singular raises $435 million for its second fund
For a VC firm, the second fund is a make-or-break moment. With the initial fund, you raise money based on an investment thesis because you don’t have any track record, any return on investment to prove that you’re a capable investor. It’s a different story when it’s time to raise the second fund. And Singular, […]
Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $ 415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $ 2 billion. Mistral AI is also opening up its commercial platform today. As a reminder, Mistral […]