๐ซ๐ท French Tech Funding Wire June 22: VivaTech 200K; Comand AI โฌ32M Led 9 Deals For โฌ77.8M
๐งฎ Data Point: VivaTech By The Numbers
Greetings, VivaTech survivors. The 10th anniversary of the Paris conference took place under a crushing heatwave, and the existential fears of sovereignty. But that never seems to dampen spirits inside. This year, VivaTech emerged bigger than ever:
- 200,000 visitors
- 165 nationalities
- 60 country pavilions
- 4,500 exhibitors (61% of them international)
- 15,000 startups
- 1,155 speakers
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๐ธ Weekly Funding Recap: June 19
๐ Company: Comand AI ๐ท๏ธ Sectors: DefenseTech, Artificial Intelligence ๐ Description: Comand AI is a Paris-based defense technology company developing AI-native command-and-control software for military operations. Its flagship platform, Prevail, enables armed forces to coordinate autonomous systems, distributed sensors, drone swarms, and human operators through AI-assisted decision-making and battlefield management. ๐ป Website: https://comand.ai ๐ HQ City: Paris ๐ง Round: Series A ๐ฐ Amount Raised: โฌ32 million ๐ฆ Investors: Blossom Capital, Saab, Expeditions ๐จ๐ผ๐ฉ๐ผ Founders: Loรฏc Mougeolle, Antoine Chassan ๐๏ธ News: Comand AI has raised a โฌ32 million Series A to accelerate the deployment of its AI-native command-and-control platform, Prevail, across NATO countries. The companyโs software has already been deployed with operational units in France, Germany, Ukraine, and other allied nations. A strategic partnership with Saab will support the development of next-generation C2 and C5ISR capabilities, including software enhancements for Saabโs GlobalEye airborne surveillance platform. The funding will also support expansion into air and maritime operations, continued product development with Ukrainian forces, and industrial-scale deployment across allied militaries. Command AI aims to help armed forces operate at machine speed while maintaining human oversight in increasingly autonomous and data-intensive battlefields. | PR**,** Tech Funding News
๐ Company: Prophesee ๐ท๏ธ Sectors: DefenseTech, Drones, Artificial Intelligence, DeepTech ๐ Description: Prophesee develops event-based vision sensors inspired by the human eye. Its technology captures only changes in a scene, enabling ultra-low-latency perception for applications in defense, security, robotics, and autonomous systems. ๐ป Website: https://www.prophesee.ai ๐ HQ City: Paris ๐ง Round: Growth Equity ๐ฐ Amount Raised: โฌ20 million ๐ฆ Investors: Not disclosed ๐จ๐ผ๐ฉ๐ผ Founders: Luca Verre, Christoph Posch, Ryad Benosman ๐๏ธ News: Prophesee has raised โฌ20 million to accelerate the commercialization of Mantara, its AI-powered drone detection and tracking system built on event-based vision technology. The company is increasingly focusing on defense and security markets, where rapid detection of drones and other aerial threats has become a strategic priority. Prophesee also unveiled Hearth, a new software platform designed to support AI, cybersecurity, data fusion, and lifecycle management for event-based vision applications. The funding follows the appointment of CEO Jean Ferrรฉ and reflects the companyโs evolution from a sensor manufacturer into a provider of integrated hardware and software systems. The new capital will support Mantaraโs deployment, Hearthโs development, and deeper integration of AI capabilities directly into Propheseeโs sensors. | FrenchWeb
๐ Company: Rocapine ๐ท๏ธ Sectors: HealthTech, Artificial Intelligence ๐ Description: Rocapine is a Paris-based AI-native wellness venture studio that develops and scales consumer wellness applications focused on healthier habits, womenโs health, nutrition, and addiction recovery. Its portfolio includes Harmony, Unchaind, Stashcook, That Girl, and Eve, and it uses an AI-powered studio model to rapidly test, launch, and scale wellness apps. ๐ป Website: https://rocapine.com ๐ HQ City: Paris ๐ง Round: Series A ๐ฐ Amount Raised: โฌ11m (including โฌ2.5m debt) ๐ฆ Investors: Educapital, Daphni, Ring Capital, Center Court Capital, Athletico Ventures, Better Angle, Business Angels, Jean-Charles Samuelian-Werve ๐จ๐ผ๐ฉ๐ผ Founders: Stanislas Marchand, Jean-Gabriel Boinot-Tramoni, Sammy Teillet ๐๏ธ News: Rocapine has raised a $13 million in Series A funding to expand its portfolio of AI-powered wellness applications and scale its venture studio model. Founded in late 2024, the company reached $6 million ARR within nine months of launch, generated more than 2.5 million downloads, and derives 70% of its revenue from the U.S. market. Rocapine applies mobile-gaming-style rapid experimentation and AI-native development to build wellness apps focused on healthier habits rather than on maximizing screen time. The company plans to test up to 400 app concepts this year while investing further in AI, data, and marketing infrastructure. Its long-term goal is to improve the lives of 40 million people over the next five years through technology designed to promote wellbeing rather than addiction. | Tech Funding News
๐ Company: Green-Got ๐ท๏ธ Sectors: FinTech, GreenTech, ClimateTech ๐ Description: Green-Got is a French sustainable finance fintech offering current accounts, payment cards, savings products, life insurance, and investment solutions designed to align customersโ money with environmental values. The company aims to build an independent European banking alternative focused on financing the ecological transition. ๐ป Website: https://green-got.com ๐ HQ City: Paris ๐ง Round: Crowdfunding Round ๐ฐ Amount Raised: โฌ8M ๐ฆ Investors: Crowdfunding ๐จ๐ผ๐ฉ๐ผ Founders: Maud Caillaux, Andrรฉa Ganovelli, Fabien Huet ๐๏ธ News: Green-Got has raised โฌ8 million through a community equity crowdfunding round on Crowdcube, attracting 5,286 investors and more than โฌ33 million in investment commitments. The funding follows the companyโs recent approval as a licensed payment institution by Franceโs ACPR regulator. Green-Got will use the capital to build its own banking and payments infrastructure, expand its product offering, and strengthen its operational independence. The fintech currently reports over โฌ3 billion in transaction volume and nearly โฌ200 million in customer savings and investment assets. The company is targeting profitability within the next 18 to 24 months while continuing to grow its sustainable banking and investment platform across Europe. | Maddyness
๐ Company: CardNexus ๐ท๏ธ Sectors: Gaming, Artificial Intelligence, FinTech ๐ Description: CardNexus is a mobile-first marketplace and collection management platform for trading card game (TCG) enthusiasts. The app combines AI-powered card scanning, collection tracking, and peer-to-peer trading across more than a dozen card games in a single platform. ๐ป Website: https://cardnexus.com ๐ HQ City: Bordeaux ๐ง Round: Pre-Seed ๐ฐ Amount Raised: โฌ3.5 million ๐ฆ Investors: Piton Capital, Motier, FSJ, OPRTRS, Kima Ventures, Aquiti, and a group of TCG content creators ๐จ๐ผ๐ฉ๐ผ Founders: Tristan Foureur ๐๏ธ News: CardNexus has raised โฌ3.5 million in a pre-seed round to expand its team and accelerate development of its trading card platform. Founded in 2025, the company offers a mobile app that combines AI-powered card scanning, collection management, and a marketplace across 12+ trading card games. The platform has grown to more than 50,000 users, with over 30 million cards inventoried and active sellers in more than 30 countries. The new funding will support expansion of the game catalog, product development, and new features beyond buying and selling. CardNexus also plans to launch a secure vault service in 2027, enabling collectors to store, insure, and trade high-value cards without physical shipment. | EU-Startups
๐ Company: Osmos X ๐ท๏ธ Sectors: SpaceTech, Aerospace, DefenseTech ๐ Description: Osmos X develops high-thrust reusable space vehicles and advanced plasma propulsion systems for orbital logistics, satellite servicing, space debris removal, and future interplanetary transportation. The company positions itself as a provider of the "last mile" of space logistics. ๐ป Website: https://osmosx.space ๐ HQ City: Rennes ๐ง Round: Seed ๐ฐ Amount Raised: โฌ2 million ๐ฆ Investors: Expansion, Rymdkapital, Business Angels, Jean-Jacques Dordain ๐จ๐ผ๐ฉ๐ผ Founders: Matthieu Cavellier ๐๏ธ News: Osmos X has raised โฌ2 million in seed funding to develop a demonstrator for its reusable orbital transport vehicle and proprietary plasma propulsion technology. The round was led by New Space-focused fund Expansion and Swedish space investor Rymdkapital, alongside industrial investors. Founded in 2022, the company is building reusable spacecraft designed for orbital logistics, satellite servicing, debris removal, and future interplanetary missions. The funding will support R&D, propulsion testing, and the launch of a first in-space demonstrator, while expanding the team with six additional engineers. Osmos X aims to become a key European player in the rapidly growing space logistics market, where increasing satellite deployments are driving demand for orbital transportation and servicing capabilities. | Le Journal des entreprises
๐ Company: NotiPark ๐ท๏ธ Sectors: Mobility, SaaS ๐ Description: NotiPark develops an automated on-street parking solution that starts and stops parking sessions automatically using proprietary high-precision localization technology. The platform eliminates the need for drivers to manually launch parking apps and ensures that users pay only for the time they actually park. ๐ป Website: https://www.notipark.com ๐ HQ City: Paris ๐ง Round: Seed ๐ฐ Amount Raised: โฌ1.7 million ๐ฆ Investors: Sowefund, N1 Investment Company, Bpifrance Digital Venture, business angels, and an undisclosed lead investor ๐จ๐ผ๐ฉ๐ผ Founders: Jeremy Skowronek ๐๏ธ News: NotiPark has raised โฌ1.7 million to accelerate the deployment of its automated parking technology. The company's platform automatically detects when a vehicle parks and ends the session when the driver leaves, removing the need for manual app interactions. Powered by proprietary localization technology, the solution aims to improve the parking experience while helping cities reduce lost parking revenue. NotiPark is already in discussions with more than 30 cities across Belgium, France, and the Netherlands, and is building partnerships with major mobility and parking operators. The funding will support expansion as the company seeks to become the default infrastructure layer for on-street parking payments. | LinkedIn
๐ Company: Eledone ๐ท๏ธ Sectors: Artificial Intelligence, SaaS ๐ Description: Eledone develops agentic AI software that automates B2B order processing and sales administration. Its platform integrates into existing workflows and systems, eliminating manual data entry between customers and suppliers without requiring companies to change their tools or processes. ๐ป Website: https://eledone.com ๐ HQ City: Paris ๐ง Round: Seed ๐ฐ Amount Raised: โฌ1.5 million ๐ฆ Investors: Wind, Business Angels ๐จ๐ผ๐ฉ๐ผ Founders: Bruno Heckel, Arno Heckel, Erwan Boullier ๐๏ธ News: Eledone has raised โฌ1.5 million in seed funding to automate B2B order and sales administration using agentic AI. Founded in 2024, the company targets the large share of European B2B transactions that are still processed manually through email and re-entered into ERP systems. Its software automates information exchanges between customers and suppliers while preserving existing workflows, reducing manual errors, incorrect deliveries, and operational inefficiencies. The funding round was co-led by Wind and notably included participation from both customers and family investors, reflecting strong early validation. Eledone plans to accelerate the deployment of its AI agents across industrial and commercial back-office operations while helping companies reduce waste and associated COโ emissions. | LinkedIn
๐ Company: Aiffin ๐ท๏ธ Sectors: FinTech, Mobility Tech, Artificial Intelligence ๐ Description: Aiffin is a Paris-based fintech providing AI-powered vehicle leasing and financing solutions for micro-entrepreneurs and small businesses. Its proprietary underwriting engine, OrbitScore, uses open banking data, cash-flow analysis, and behavioral signals to assess creditworthiness and automate financing decisions. ๐ป Website: https://aiffin.com ๐ HQ City: Paris ๐ง Round: Seed ๐ฐ Amount Raised: โฌ3.125 million (โฌ625K equity + โฌ2.5M debt financing) ๐ฆ Investors: Undisclosed ๐จ๐ผ๐ฉ๐ผ Founders: Sergii Vaskov, Khalil Aram ๐๏ธ News: Aiffin has raised โฌ3.125 million to expand its AI-powered vehicle leasing platform serving self-employed workers and small businesses traditionally overlooked by banks. The companyโs OrbitScore underwriting engine evaluates entrepreneurs using real-time banking and business activity data rather than traditional employment and credit history metrics. Since launch, Aiffin has built a financing portfolio of approximately โฌ3 million, processes more than 250 financing applications per month, and has established partnerships across France. The new funding will strengthen its AI capabilities, expand embedded-finance partnerships, and accelerate growth of its financing portfolio. Aiffin ultimately aims to become a leading AI-powered financing infrastructure platform for entrepreneurs across Europe and later the United States. | PR
๐ Company: Dawex ๐ท๏ธ Sectors: Artificial Intelligence, SaaS ๐ Description: Dawex develops data exchange and data ecosystem technology that enables organizations to securely source, share, trace, and govern data across industries. Its platform supports trusted data collaboration, AI traceability, compliance, and secure data transactions for enterprises and public-sector organizations. ๐ป Website: https://www.dawex.com ๐ HQ City: Lyon ๐ง Round: Growth Equity ๐ฐ Amount Raised: Undisclosed ๐ฆ Investors: Nemetschek Group, Banque des Territoires, Amadeus, Itochu Corporation, Bouygues Construction, Colas, Univers Capital ๐จ๐ผ๐ฉ๐ผ Founders: Laure Lucchesi, Fabrice Tocco ๐๏ธ News: Dawex has received a strategic investment from Germanyโs Nemetschek Group, a leading provider of software solutions for the architecture, engineering, construction, and operations (AEC/O) industries. The investment is intended to accelerate the adoption of governed data exchange infrastructure, support AI-ready data ecosystems, and expand Dawexโs presence in Germany. Nemetschek sees trusted data exchange and traceability as critical foundations for the next generation of AI-driven collaboration and productivity across the building lifecycle. Dawexโs founders will retain full control of the companyโs strategy, governance, and operations. The company will continue serving more than 15 industries globally while strengthening its position as a provider of secure, compliant, and auditable data exchange infrastructure. | Engineering
๐ Company: Cyclair ๐ท๏ธ Sectors: AgriTech, Robotics ๐ Description: Cyclair develops autonomous robotic weeding solutions for field crops. Its robots use camera- and LIDAR-based visual navigation to identify crop rows, distinguish weeds from cultivated plants, perform mechanical weeding, and collect agronomic field data without relying on GPS. ๐ป Website: https://www.cyclair.fr ๐ HQ City: Pressac ๐ง Round: Growth Equity ๐ฐ Amount Raised: Undisclosed ๐ฆ Investors: Ocรฉalia ๐จ๐ผ๐ฉ๐ผ Founders: Quentin Guillemot, Sebastien Gorry, Camille Auger ๐๏ธ News: Cyclair has secured a minority investment from French agricultural cooperative Ocรฉalia as part of its Cap 2030 strategy focused on sustainable farming. The partnership aims to accelerate the deployment of autonomous robotic weeding as an alternative to chemical herbicides while maintaining farm profitability. Cyclairโs robots currently support crops including maize, sunflower, and rapeseed, with plans to expand into cereals, vegetables, and specialty crops. The two companies are also collaborating on a PRAAM innovation program to test large-scale deployment models and introduce performance guarantees for farmers. The investment will support technology development, commercialization, and broader adoption of autonomous agricultural robotics across France. | Igrownews
๐ Company: Dry4Good ๐ท๏ธ Sectors: FoodTech, AgriFood, BioTech ๐ Description: Dry4Good develops precision drying technology that transforms fruits, vegetables, and natural raw materials into high-value ingredients while preserving their nutritional and organoleptic properties. The company produces natural flavoring and coloring solutions that help food manufacturers reduce reliance on artificial additives and ingredients. ๐ป Website: https://www.dry4good.com ๐ HQ City: Cergy ๐ง Round: Growth Equity ๐ฐ Amount Raised: Undisclosed ๐ฆ Investors: รle-de-France Rรฉindustrialisation Fund (managed by INNOVACOM โ Turenne Groupe), supported by the รle-de-France Region and the European Union's FEDER fund, alongside a consortium of agri-food industry investors ๐จ๐ผ๐ฉ๐ผ Founders: Jean-Gabriel Dijoud, Romaric Janssen ๐๏ธ News: Dry4Good has secured new backing from the รle-de-France Rรฉindustrialisation Fund and agri-food investors to accelerate the industrial expansion of its production site in Cergy. The company will invest โฌ5 million to increase production capacity and meet growing demand for natural ingredients. Plans include adding two new production lines, increasing processing capacity to 800 tonnes per year, and recruiting around ten employees. Dry4Goodโs technology enables the production of dried ingredients that closely preserve the taste, nutritional value, and sensory qualities of fresh products. The company is also advancing large-scale development projects with major food industry groups as it scales toward commercial partnerships. | Fusacq
๐ Company: Ellona ๐ท๏ธ Sectors: Artificial Intelligence, ClimateTech ๐ Description: Ellona develops AI-powered environmental and situational intelligence solutions that combine sensors, real-time data analysis, and automated response systems. Its platform helps industrial operators, infrastructure providers, airports, and cities monitor environmental conditions, improve operational efficiency, and optimize infrastructure performance. ๐ป Website: https://www.ellona.io ๐ HQ City: Toulouse ๐ง Round: Growth Equity ๐ฐ Amount Raised: Undisclosed ๐ฆ Investors: Green Growth Fund 2, Wermuth Asset Management, ADP Invest, Airbus Ventures ๐จ๐ผ๐ฉ๐ผ Founders: Abdelwahed Lahmar, Rรฉmi El-Ouazzane, Abdelilah Lahmar ๐๏ธ News: Ellona completed a growth financing round led and structured by Green Growth Fund 2, with Wermuth Asset Management playing a leading role and taking approximately 25% of the round. The company develops AI-powered environmental and situational intelligence systems that combine advanced sensors, real-time analytics, and automated response capabilities for industrial and infrastructure operators. Existing shareholders include ADP Invest and Airbus Ventures, highlighting Ellonaโs positioning in critical infrastructure and industrial technology markets. The financing will support Ellonaโs next phase of growth as demand for AI-driven infrastructure intelligence and operational optimization solutions continues to grow. Wermuth Asset Management described Ellona as part of Europeโs emerging wave of intelligent infrastructure technologies that enhance resilience, efficiency, and competitiveness. | Assetphysics
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