The French Web raised €95.5 million in May, driven by Showroomprivé

French web start-ups raised 95.5 million euros in May, compared to 20 million euros last year. Leading the way was Showroomprivé, which raised over €60 million.

Showroomprivé undoubtedly boosts the balance sheet of fundraising of French Web start-ups in May: the site has sold 10% of its capital to raise more than 60 million euros, according to our information, from investors from the Gulf countries, bringing the total funds raised to 95.5 million euros. By comparison, French web startups had raised €20 million in May 2014.

Another major fundraising follows Showroomprivé: e-retailer audience acquisition specialist Twenga has completed a €10 million round of funding from Idinvest and its historical shareholders. In third place, the creator of mobile games Kobojo, with 7 million euros raised.

The e-commerce sector unsurprisingly came out on top, with three deals and €62.7 million raised.E-marketing follows with four deals and €15.75 million, then mobile services with six deals and €11.735 million. Web services raised €3.35 million in four deals, while the connected objects sector raised €2 million for Gridbee Communications.

French Web fundraising in May 2015
Company Amount raised (in millions of euros) Investors Sector
Source : JDN
Showroomprivé 60 Private investors E-commerce
Twenga 10 Idinvest and historical shareholders E-marketing
Kobojo 7 Oxford Capital Partners, Endeavor Vision and Scottish Investment Bank Mobile services
Sublime Skinz 4,6 Isai E-marketing
Filechat 2,7 Private investors Mobile services
Le Slip Français 2 360 Capital Partners E-commerce
Gridbee Communications 2 PACA Investissement, R2V, FIP Entrepreneurs capital, Foréis, Davanière Capital and private investors Connected objects
Hopwork 1,5 Isai Web services
Cleeng 1,1 Pascal Cagni Web Services
Serious Factory 1 Investessor, Sibessor 2, Femmes Business Angels and FRCI. Mobile services
Bmobile 1 Finorpa, Nord Franc Amorçage and private investors E-marketing
Cavissima 0,7 Crowd Avenue and historical investors E-commerce
Wedoogift 0,5 Kima ventures and business angels Web services
Uplike 0,5 LCP Service and Katherine Zymla Mobile services
Jam 0,33 NC Mobile Services
Samboat 0,25 Private investors Web Services
Pretty Fun Therapy 0,205 WeLikeStartup, Investessor, Women Business Angels and private investors Mobile services
Amogado 0,15 Private investors E-marketing NC Team China Racing Web Services
Total 95,535

Leave a Comment