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Author: Romain Dillet

StarOfService switches business model for its independent contractor marketplace

French startup StarOfService has recently switched its business model and has been profitable for the month of January 2019. The company operates a marketplace for independent contractors, a sort of Thumbtack for the rest of the world. If you’re looking for a plumber, a music teacher or a DJ for a wedding, StarOfService can help you find one. The service is now available in 80 countries in Europe ...

Antescofo’s Metronaut adds an orchestra when you play music

Meet Metronaut, an app for smartphones and tablets that could change the way you play classical music. The startup behind the app, Antescofo, raised a $4.5 million funding round (€4 million) and has attracted 160,000 downloads. Daphni and OneRagTime are leading the round, with Nobuyuki Idei, Yann LeCun, Sophie Gasperment and Thibault Viort also participating. Metronaut lets you play a music instru...

Alan raises another $45 million for its health insurance product

Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with partners of DST Global also participating. The company had raised a $28 million funding round only ten months ago. Alan is a software-as-a-service startup tackling a very specific industry — the health insurance market in France — and soon across Europe...

Malt raises $28.6 million for its freelancer platform

French startup Malt is raising a $28.6 million funding round (€25 million) with Idinvest Partners leading the round and existing investors ISAI and Serena also participating. Overall, the company has raised $36.6 million since its creation (€32 million). Malt has created a marketplace for engineers working as freelancers and companies. There are currently 100,000 freelancers on the platform and 15...

Devialet’s Phantom Reactor turns music into an emotional experience

French startup Devialet has done it again. The new Phantom Reactor is a smaller, more effective speaker that packs everything that made Devialet speakers good in the first place. Devialet’s first speaker, the Phantom, attracted rave reviews a few years ago. The egg-shaped speaker promised no background noise, no saturation and no distortion in a relatively small package. To be clear, it wasn’t tha...

Paris sues Airbnb for illegal listings and seeks $14.2 million

The City of Paris first warned Airbnb and it is now taking action. Mayor of Paris Anne Hidalgo told the JDD that the city is suing the company for 1,010 illegal listings. The fine could be worth as much as $14.2 million (€12.625 million). Based on current legislation, you can’t rent an apartment more than 120 days a year. If you want to rent an apartment on Airbnb in Paris, you first have to regis...

Deepomatic raises $6.2 million for its industrial computer vision technology

French startup Deepomatic just raised a new funding round of $5.1 million in equity funding and $1.1 million in debt. Hi Inov is leading the round, with Alven Capital and Bertrand Diard also participating. Deepomatic lets you build your own computer vision applications for your industrial needs. The company gives you all the tools to train a model and connect it to your video feeds. You can then d...

Workwell wants to be the companion app for your office building

French startup Workwell has released a major update to its platform. The company now provides an app to manage as many things related to your office building as possible from your phone. The company started with a sort of intranet replacement. You could book meeting rooms, get a map of the office, contact your coworkers from the app. Workwell now wants to create a more flexible platform that expan...

Lunchr grabs $34 million for its corporate lunch card

French startup Lunchr is raising a $34 million funding round (€30 million) from Index Ventures, with existing investors Daphni, Idinvest and Kima Ventures also participating. The company had already raised $13 million 7 months ago (€11 million). In France, companies of a certain size have to support employees in one way or another when it comes to their lunch break. Big companies usually build out...

Crypto exchange Kraken acquires Crypto Facilities

Cryptocurrency exchange Kraken just closed its biggest acquisition to date. The company is buying Crypto Facilities in a nine-figure deal. Crypto Facilities is an exchange and index provider regulated by the Financial Conduct Authority in the U.K. In particular, Crypto Facilities lets you trade futures on multiple cryptocurrency pairs. Following this acquisition, some Kraken users can now access b...

Sencrop is a data platform to help farmers manage their lands

Meet Sencrop a French startup that wants to empower farmers using sensors, a data platform and a service marketplace. The company recently raised a $10 million funding round. The Series A round was led by Bpifrance with NCI Waterstart, Nord Capital and The Yield Lab also participating. Existing investors Demeter and Breega Capital also reinvested. If you’re a farmer and are getting started when it...

Altice to acquire majority stake in OTT startup Molotov

Telecom company Altice is about to close a significant investment in French startup Molotov — the two companies have entered into exclusive negotiations. While terms of the deal are undisclosed, Altice should end up with a majority stake in Molotov for hundreds of millions of euros. This is an interesting move as it greatly increases the reach of Molotov and opens up some new opportunities when it...

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