LVMH Burgundy deal prompts concerns among winemakers

May 15, 2014 | France

Decanter May 1, 2014 LVMH has acquired 8.66 hectares of Clos des Lambrays, located in Morey-Saint-Denis and one of the largest grand cru vineyards in Burgundy. While the deal has not come as a surprise to many, particularly seeing as Clos des Lambrays was known to be...

PeopleDoc (Née Novapost) Raises $17.5 Million To Digitalize HR

May 15, 2014 | France, News

Formerly known as Novapost, French startup PeopleDoc raised a $17.5 million round led by Accel Partners. Existing investors Alven Capital and Pierre Kosciusko-Morizet’s Kernel Investissements also participated. PeopleDoc lets you paperlessly manage all your HR...

Sigfox Raises $20.6 Million To Create A Global Cellular Network For Connected Objects

Mar 28, 2014 | France, News

TechCrunch March 28, 2014 French startup Sigfox raised a Series B round of $20.6 million (€15 million) from IDInvest and BPIFrance. Existing investors (Elaia Partners, Partech Ventures, Ixo and Intel Capital) also participated. As a reminder, Sigfox wants to create an...

European Childcare Platform Yoopies Acquires French Startup Yokoro

Mar 20, 2014 | France, News

TechCrunch March 21, 2014 The Paris-based European childcare platform Yoopies has acquired local competitor (and neighbour) Yokoro to expand the range of homecare services offered via its marketplace. As it stands, Yoopies matches parents with sitters in a bid to take...

Drive Raises $2.7 Million For Its Uber-Like Service In The Crowded French Market

Jan 10, 2014 | France, News

French startup Drive just raised $2.7 million (€2 million) in Series A funding from undisclosed business angels and institutional investors. The service is reminiscent of Chauffeur-privé or LeCab — it’s an Uber-like service that owns its cars and operates with fixed...

Wijet raises 1.5 million euros to scramble its business jets

Nov 22, 2013 | France, News

Les Echos Business In the market for private aviation, the young company Wijet plans to make business aviation as accessible as a taxi. Wijet has now raised €1.5 million from investors. Four years after its launch, the taxi-jet airline Wijet continues to score points...