Iris Capital closes its €250 million European investment fund IrisNext

Paris VC firm Iris Capital has announced the close of its new €250 million IrisNext fund for investing in European companies from seed to growth stages. Investors in IrisNext include Orange, Publicis, Valeo, and state-backed investment bank Bpifrance. The fund will invest between €1 million and €30 million in startups, mostly in France and Germany, […]

French IoT solutions company Actility raises a $75 million Series D round

French Actility, which provides Low Power Wide Area Networks (LPWAN) for the internet of Things (IoT), has completed a $75 million Series D funding round. Creadev, Bosch and Inmarsat are among the new investors in the round, with existing investors also participating including Idinvest, Bpifrance, Ginko Ventures, KPN, Orange Digital Ventures, Swisscom and Foxconn.

Industrial IoT startup KONUX closes Series A round at $16 million

Munich-based KONUX, an industrial IoT startup, has raised a further $9 million led by New Enterprise Associates (NEA), bringing its Series A round to $16 million. Several other investors participated in the round including MIG, Upbeat Ventures, Andy Bechtolsheim, Michael Baum, UnternehmerTUM, Warren Weiss, and Lothar Stein. KONUX develops industrial IoT solutions using smart sensors […]

Ukraine-based family locator app GeoZilla raises $1 million

Ukraine-based family locator app GeoZilla has raised $1 million, according to Firrma. The investment comes from business angels including Dmitri Lipnitsky, founder of Gismart, and other investors whose names were not disclosed. Additionally, Nikolay Davydov of Gagarin Capital has been granted a share of the company and will be joining the company’s advisory board.