French Tech PH Webinar Event – Video content and Ecommerce

La French Tech Philippines organizes its first virtual French Tech Connect in collaboration with CCI France Philippines on June 18 at 5PM. We are thrilled to welcome: Erwan Heussaff who is the founder and CEO of The Fat Kid Inside Inc. – a digital media company with expertise in content creation and digital strategy. Mainly…

Aircall raises $65 million for its cloud-based phone system

Aircall has raised a $65 million Series C round (€60.2 million) with DTCP leading the round, Adam Street participating and existing investors eFounders, Draper Esprit, Balderton and NextWorld injecting more money in the company. Overall, Aircall has raised $106 million. Aircall is building a software-as-a-service company around phone calls. You could use it to operate a…

Paris-based Back Market raises $120 million to expand electronics marketplace and add new services

Back Market, the Paris-based online marketplace for refurbished electronics, has raised $120 million from Goldman Sachs, Aglaé Ventures (the venture arm of Groupe Arnault), and Eurazeo Growth. “Back Market has a clear mission to build a category leader in the circular economy, supporting the world’s transition to more sustainable consumption,” says Alexandre Flavier, an investor…

French company Alan secures €50 million Series C to expand digital health insurance

Alan, a Paris-based digital health insurance provider, has closed a €50 million Series C round led by Singapore’s Temasek, with support from other investors such as Index Ventures. The funding brings the company’s total amount raised to €125 million. “Once the world begins to emerge from the COVID-19 health crisis, we believe that patients’ expectations…

France announces $4.3B plan to support startups

France’s Minister of State for Digital Affairs Cédric O and public investment bank Bpifrance  announced a comprehensive support plan for startups this morning. Some French startups are going to face revenue issues as well as funding issues in the coming months. The French government wants to temporarily bridge that gap with refinancing and liquidity measures — overall…