💸 XAnge: First Closing
Of €200M For 5th Fund
Of €200M For 5th Fund
XAnge has raised €200 million toward a planned €250M fund, the firm's 5th and largest yet, as it plans to extend its presence across Europe.
The fund is built around three investment pillars: AI transformation, deep tech, and sustainable future. The new fund reflects XAnge's ambition to back companies capable of building what the firm calls "global leaders" across the continent. XAnge 5 will expand the firm's geographic reach beyond France, Benelux, and DACH countries to cover most of continental Europe, excluding the UK.
In terms of AI, the company has skipped the foundational model hype and focused on more targeted opportunities. "We are deeply focused on software integrations," said XAnge partner Alexis du Peloux, emphasizing the firm's focus on companies with existing client access and technical barriers to entry.
XAnge's track record includes successes like Lydia, Ledger, Believe, and Odoo, with more recent bets on companies like Skello, 360Learning, Greenly, and Gleamer. The new fund will lead early-stage rounds with initial investments ranging from €1 million to €15 million.
On the deep tech side, XAnge is betting on vertical integration over traditional lab spinouts. The new fund also comes at a moment when European tech sovereignty is getting more attention.
"The question of European sovereignty is quite active in the ecosystem and leading to a lot of interesting markets and opportunities," said Partner Guilhem de Vregillede.
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💸 Weekly Funding Recap: November 14
🏆 Key Highlights
Total Raised: €72.35 million
Number of Companies: 13
Dominant City: Paris, 10 of 13 deals
🧬 Sector Diversity
- 🚗 Mobility & Smart Cities: €25.1M
- 💻 AI & Software: €45.7M
- ⚙️ Deeptech & Industrial Innovation: €3.7M
- 💳 Fintech / DeFi: €2.0M
- 🧠 Medtech & Health Intelligence: €2.7M
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📇 Company: Beside
🔍 Description: Provides an AI-powered telephony & messaging assistant for small businesses—capturing inbound calls and texts and turning them into actions (bookings, follow-ups, notes, scheduling) by rebuilding the full telephony stack with AI for the “real economy.”
💻 Website: Beside
📍 HQ City: Paris
🧗 Round: Paris
💰 Amount Raised: $32M
🏦 Investors: EQT Ventures, Index Ventures, Stewart Butterfield, Clement Delangue, NextView Ventures, ISAI, Volo Ventures, Factorial Capital, Mathilde Colin, Pierre Valade, Jean-Charles Samuelian (beside.com)
👨💼👩💼 Founders: Maxime Germain (CEO), Bobby Giangeruso (Product), Aymeric Beaumet (CTO), Justin Bureau (Product), Hélène Blonz (Growth)
🗞️ News: Beside secured $32 M to enable small businesses to transform their call/text volume into growth, leveraging AI to handle missed calls, book appointments, take notes, and update systems automatically. | Fortune
📇 Company: U-Space
🔍 Description: Toulouse-based manufacturer of modular satellites, providing end-to-end capabilities from design to assembly to in-orbit operations. U-Space serves the rapidly scaling global small-satellite constellation market with proprietary software, 12U and FreeForm platforms, and a fully digitized industrial line inspired by automotive manufacturing.
💻 Website: U-Space
📍 HQ City: Toulouse, France
🧗 Round: Series A
💰 Amount Raised: €24 million
🏦 Investors: Blast’s Definvest fund (Bpifrance & French Ministry of Armed Forces, co-lead), Expansion Venture Capital, Primo Capital, Karot Capital, ARIS Venture Capital, Vertech Finance, CapSpace, Audacia (co-invest)
👨💼👩💼 Founders: Fabien Apper, Antoine Ressoucche
🗞️ News: U-Space raised €24M to accelerate its industrial scale-up and global expansion after previously securing €7M in 2022. The company targets producing one satellite per week by 2027, with an eventual goal of one per day, thanks to its new 850 m² U-Zine cleanroom facility. U-Space already has three satellites in orbit (NESS, Soap, Pandore) and a dozen in production, and is expanding into APAC and MENA markets. | Space News, EU Startups, Maddyness, FrenchWeb
📇 Company: sunday
🔍 Description: sunday is a restaurant-focused payments platform created by the founders of Big Mamma to transform the dining experience. Initially launched as a fast and seamless QR-code payment solution, it now connects every customer interaction — ordering, payment, loyalty, and CRM — through deep integrations with more than 50 POS and restaurant systems. Used by over 80 million diners, sunday helps restaurants increase tips, improve feedback collection, boost average basket size, and streamline operations.
💻 Website: Sunday
📍 HQ City: Paris, France
🧗 Round: Series B
💰 Amount Raised: $21M (≈ €18M)
🏦 Investors: DST Global Partners
👨💼👩💼 Founders: Victor Lugger, Tigrane Seydoux, Christine de Wendel
🗞️ News: sunday raised a $21M Series B to accelerate global expansion and scale its all-in-one restaurant operating system. The company has tripled in size over the past year and now processes $4B+ in annual payments across 3,000 restaurants in the U.S., France, and the U.K. The new funding fuels 2026 ambitions: covering all restaurant formats from fast-food kiosks to Michelin-starred dining, expanding across major U.S. cities and Dubai, and doubling revenue, customer volume, and product adoption by summer 2026. | FrenchWeb, Maddyness, Sifted
📇 Company: Filiz
🔍 Description: Filiz is a French EdTech SaaS platform that helps private schools and apprenticeship centres manage their financial, administrative, and academic operations. Already used by 500+ campuses, the platform streamlines funding flows, attendance-linked public payments, invoicing, compliance, and academic planning. Filiz is now expanding into an integrated all-in-one operations system with upcoming AI-powered tools for task automation, planning, and real-time insights.
💻 Website: Filiz
📍 HQ City: Olonne-sur-Mer, France
🧗 Round: Seed / Early Growth
💰 Amount Raised: €6 million
🏦 Investors: Hexa
👨💼👩💼 Founders: Maxime Jacquet, Aurélia Jacquet
🗞️ News: Filiz raised €6M from Hexa to scale its education-operations platform across Europe, marking one of the largest administrative EdTech rounds in 2025. The startup has tripled revenue year-on-year to reach €2M ARR while remaining profitable. The partnership with Hexa includes both capital and multi-year operational support, aimed at expanding Filiz’s reach, strengthening its leadership team, and evolving the product to support larger multi-campus networks. The round stands out in a year where comparable European EdTech raises — such as DigitalErleben (€1M) and Kidola (€1.3M) — remained in the lower single-digit range. Filiz aims to grow revenue 10× within five years as private education surges across Europe. | EU Startups
📇 Company: Dialog
🔍 Description: AI-powered “brand agent” that reinvents e-commerce by enabling visitors to ask questions, receive personalized product recommendations, and interact through natural conversation. Trained on each brand’s catalogue, content, stock and tone, Dialog integrates directly into product pages, homepages and search bars — multiplying conversions by up to 3× and powering over 1M customer conversations.
💻 Website: Dialog
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: $4.4 million
🏦 Investors: Galion.exe (lead), Kima Ventures, Weaving Group, Hexa, plus business angels from La Redoute, Criteo, Decathlon, CDiscount, Veepee, AB Tasty, Hugging Face, Pigment
👨💼👩💼 Founders: Antoine Grimal, Louis Pinsard
🗞️ News: Dialog raised a $4.4M seed round to accelerate product development and expand across Europe. Already deployed at brands such as OhMyCream, Delsey Paris and MG Motor, its AI sales agent drives 3× higher conversion, +25% AOV, and 95% CSAT across more than 300 e-commerce customers. The funds will support deeper capabilities and commercial scale as conversational buying becomes the new default in global e-commerce. | LSA
📇 Company: OWLO
🔍 Description: OWLO is a deeptech spin-off from Institut Langevin (ESPCI, CNRS, PSL) developing a real-time, 3D, label-free microscopy technology for medical and pharmaceutical applications. Its imaging module, powered by advanced optics and AI, allows clinicians and researchers to visualize oocytes, embryos, and organoids in 3D — dramatically enhancing IVF assessment accuracy and enabling breakthroughs in drug discovery and ophthalmology.
💻 Website: OWLO
📍 HQ City: Paris, France
🧗 Round: Pre-Seed
💰 Amount Raised: €2.5 million (including €0.5m debt and €0.5m subsidies)
🏦 Investors: daphni (lead), Cercle de Chiron, iXcore, Thibault Courthéoux, Alain Decombe
👨💼👩💼 Founders: Paul Balondrade, Nicolas Guigui, PhD, Victor Barolle, Alexandre Aubry
🗞️ News: OWLO raised €2.5M to develop its first product version by end of 2025. The company’s 3D, non-invasive microscopy solution aims to significantly improve IVF success rates (currently ~25%) by allowing embryologists to assess oocyte maturity and embryo viability more precisely. The technology originates from a decade of research at Institut Langevin and is positioned to transform fertility treatments first, with extensions into pharma R&D and ophthalmology. | Les Echos, LinkedIn
📇 Company: K-Words
🔍 Description: K-Words is reinventing Search Media for the Open Internet by allowing brands to sponsor keywords directly within trusted editorial content. Their contextual, privacy-friendly adtech solution helps advertisers reach users where their attention naturally is, creating a smarter and more efficient alternative to traditional search and display advertising.
💻 Website: K-Words
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €2 million
🏦 Investors: daphni, plus participation from additional investors (not specified)
👨💼👩💼 Founders: Yohan Elmaalem, Harry Levy, Sacha Bouaziz, Damien Peponnet, Claire Poirier
🗞️ News: K-Words secured a €2M round to scale its contextual keyword sponsorship platform across the open web. The company is already partnering with publishers such as Reworld, Webedia, and Marie Claire to power privacy-safe, AI-driven contextual advertising. K-Words aligns with daphni’s Dastore thesis and aims to define the next evolution of search and media monetization on the open internet. | LinkedIn
📇 Company: Paage
🔍 Description: Paage is an AI-powered platform designed for independent creators and small brands, enabling them to build and manage a complete online presence without technical skills. The platform centralises design, content creation, payments, audience management, and e-commerce into an AI-driven “cockpit” that interprets natural language to instantly create interactive pages. Paage aims to become the daily operating system for the social commerce generation.
💻 Website: Paage
📍 HQ City: Paris, France
🧗 Round: Seed
💰 Amount Raised: €2.2 million
🏦 Investors: Aglaé Ventures, Kima Ventures, Cassius; angels including Alexandre Eruimy, Felix Malfait, Darren Lachtman, Enzo Mattioli Ferrari
👨💼👩💼 Founders: Jean Ronin, Nicolas Garcin
🗞️ News: Paage raised €2.2M to expand its AI capabilities, grow its product and engineering teams, and accelerate international expansion—especially in the U.S., where 60% of its 100,000+ users are already based. Founded in 2025, Paage differentiates itself from traditional website builders by offering an AI co-pilot that helps creators instantly design pages, manage audiences, and integrate payments and CRM tools. The funding follows rapid global adoption driven primarily by community and word-of-mouth growth. | TechFundingNews
📇 Company: Zaiffer
🔍 Description: Zaiffer is a Paris-based confidential finance startup bringing a compliance-ready privacy layer to decentralised finance (DeFi). Built on Zama’s fully homomorphic encryption (FHE) technology, Zaiffer enables any ERC-20 or EVM-compatible token to be shielded into a confidential version (“cTokens”), hiding transaction amounts while allowing selective disclosure for auditors and regulators. The protocol introduces privacy-preserving transfers, payroll, OTC trades, and cross-border payments — all without new wallets, bridges, or changes to existing DeFi infrastructure.
💻 Website: Zaiffer
📍 HQ City: Paris, France
🧗 Round: Pre-seed / Seed (Stealth emergence)
💰 Amount Raised: €2 million
🏦 Investors: Zama, PyratzLabs
👨💼👩💼 Founders: Bilal El Almay (Co-founder & CEO)
🗞️ News: Zaiffer emerges from stealth with €2M to launch confidential tokens (“cTokens”), a breakthrough privacy primitive for DeFi built on FHE. The protocol enables encrypted on-chain transactions with sub-5-second performance and selective disclosure for compliance. The raise positions Zaiffer within a broader 2025 European trend in encrypted and privacy-preserving DeFi infrastructure — a category that has seen €61.9M in funding this year, including Zama (€49M), TACEO (€4.8M), and BOB (€8.1M). Mainnet rollout is planned for November 2025 with an SDK enabling confidential AMMs, lending, borrowing and perpetuals. | EU Startups
📇 Company: KLODIOS
🔍 Description: KLODIOS is a French health-intelligence startup developing a sovereign, highly automated, and deeply personalized monitoring platform for healthcare organizations. Combining advanced AI with hands-on field expertise, the company helps hospitals, institutions, and health professionals navigate regulatory, economic, and ethical complexity through precise, actionable health intelligence.
💻 Website: Klodios
📍 HQ City: Caen
🧗 Round: Seed
💰 Amount Raised: €1.2M
🏦 Investors: Normandie Business Angels, Normandie Participations, Bpifrance, Caisse d’Epargne Normandie, CIC
👨💼👩💼 Founders: Nicolas VIVET, Clément VIVET
🗞️ News: Four years after its creation, KLODIOS completed its first funding round to accelerate both its AI development and its user-success operations. The new capital will reinforce the R&D team to advance automation and personalization, while expanding on-the-ground support for healthcare professionals. The company aims to become a leading European player in health monitoring and the French market reference within two years. | Normandie Incubation
📇 Company: Karbikes
🔍 Description: Karbikes develops hybrid bicycle–microcar vehicles designed to replace urban car usage with a low-carbon, space-efficient mobility alternative. Their lightweight, electric-assisted vehicles aim to offer the comfort and practicality of a small car with the efficiency and environmental benefits of cycling.
💻 Website: Karbikes
📍 HQ City: Strasbourg
🧗 Round: Equity + Loans + Grants)
💰 Amount Raised: €1.1 million
🏦 Investors: Private investors, loans, and public subsidies (names not disclosed)
👨💼👩💼 Founders: Gaëlle Richard et Lucas Vançon
🗞️ News: Karbikes has secured €1.1M through private investors, loans, and grants, and is opening the round to additional participants. The funding will accelerate production and support the company’s mission to replace more cars on the road with sustainable hybrid bike-cars. Karbikes invites supporters to join the round or help amplify the initiative. | LinkedIn
📇 Company: fluiidd
🔍 Description: fluiidd develops intelligent industrial monitoring sensors with real-time, on-device AI processing. Spun out from 10 years of research at the CEA, its technology helps industrial operators reduce maintenance costs by 30% and prevent critical production stoppages through advanced predictive monitoring.
💻 Website: Fluiidd
📍 HQ City: La Ciotat
🧗 Round: Seed
💰 Amount Raised: €650,000
🏦 Investors: Provence Angels, Femmes Business Angels, INSEAD BA Network, Région Sud Investissement (RSI)
👨💼👩💼 Founders: Mathieu Darnajou, Philippe Guenebaud
🗞️ News: fluiidd secured over €650k in its first funding round, bringing together three business angel networks and leading regional fund RSI. The capital will allow the startup to scale its commercial and marketing teams, continue R&D to expand predictive AI capabilities, and industrialize the manufacturing of its intelligent sensors. | LinkedIn
📇 Company: Mariloo
🔍 Description: Mariloo is an all-in-one, modern planning platform designed specifically for public-sector organizations. It replaces fragmented tools like Excel, outdated software, and paper-based workflows, helping public teams manage rooms, equipment, interventions, and daily operations with simplicity and reliability.
💻 Website: Mariloo
📍 HQ City: Lille
🧗 Round: Seed
💰 Amount Raised: €500,000
🏦 Investors: FINORPA, Finovam Gestion
👨💼👩💼 Founders: Mehdi En Asseri,
🗞️ News: Mariloo raised €500k to accelerate product development and expand deployment across public-sector institutions. With 10,000+ users and over 1 million events planned, the company aims to become the go-to planning solution for the 140,000 public establishments in France still underserved by modern software tools. | LinkedIn
OF NOTE:
📇 Company: ELWAVE
🔍 Description: ELWAVE develops advanced electromagnetic sensing technology for underwater drones and remotely operated vehicles (ROVs), inspired by electro-sensing fish species. Its E-Pulse platform delivers real-time 360° visibility in complex subsea and industrial environments, detecting both metallic and non-metallic materials — including pipelines and cables usually missed by traditional systems. The technology is used across energy, infrastructure inspection, and defence applications such as mine countermeasures and underwater surveillance.
💻 Website: Elwave
📍 HQ City: France (Olonne-sur-Mer / Nantes area)
🧗 Round: EU Support
💰 Amount Raised: €6 million+
🏦 Investors: BlueInvest Readiness Assistance programme support (investor details not disclosed)
👨💼👩💼 Founders: Pierre Tuffigo
🗞️ News: ELWAVE secured more than €6M following support from the EU’s BlueInvest programme, which helped refine its international strategy and connect the company to key funding partners. Founded in 2018 as a spinoff from Institut Mines-Télécom, ELWAVE is now preparing its next fundraising round to accelerate global expansion and enhance its sensor software stack. Its compact E-Pulse sensors are increasingly adopted for subsea inspection, defence surveillance, and anti-submarine operations, offering a major leap beyond conventional detection systems.
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