vc family - Newsletter #17
Ledger's new Web 3.0 vice president, Bumble acquiring Fruitz and Victor Lugger as the founder of the week!
✒️
Alice Bardon Catineau
,
Kenza Yahyaoui
,
Sara Idrissi
,
Baptiste Durand
and
Loup Audouy
.
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“Everything you can imagine is real.”― Pablo Picasso
On the agenda:
📰 Extra! Extra! Weekly news
🚀 Fundraisings, acquisitions and IPOs of the week
😍 Founder of the week: Victor Lugger
🔎 Internship and job offers
🎁 The Gift
📰 Extra! Extra! Weekly news
⚙️ Exotec, an industrial start-up in warehousing management, has made it to the top of the list of the 6th edition of Les Champions de la croissance. The criteria for the ranking are to have had strong, mainly organic, growth in turnover between 2017 and 2020, to be independent and to have their head office in France.
🗝 Ledger is recruiting Sébastien Badault, ex-director of Alibaba France, as its new vice president of metavers and Web 3. He formerly worked at Google and Amazon.
🧬 Lauxera Capital Partners raises over €260 million for European healthtech. Lauxera Growth I is dedicated to innovative European healthcare companies. Its portfolio already consists of five companies.
💸 Europe wants to create a €10 billion fund for start-ups. At the Scale-Up Europe conference in Paris, several countries and public institutions committed themselves to the creation of a European fund of funds that aims to have twenty or so European funds with a billion euros that can invest in scale-ups and help companies develop without having to raise funds in the USA or Japan. Among the players are France, Germany, Greece, the European Investment Bank, Bpifrance and the Danish National Public Bank. In the short term, the initiative aims to bring out 10 start-ups valued at over 100 billion dollars by 2023.
🏙 Fintech Anaxago acquires Cap Horn. The real estate private equity and real estate private debt company has acquired the venture capital fund CapHorn, which currently has €180 million under management, for an undisclosed sum. This acquisition will allow Anaxago to benefit from Cap Horn's 150 investor partners. Faced with competition from foreign funds and the evolution of the market, Cap Horn had wanted to raise funds for several months: it will finally be a buyout by another company.
🚀 Fundraisings, acquisitions and IPOs of the week
📜 Semper (Seed) raises $4.5M: This Paris-based startup aims to ease and provide more equity liquidity to startups thanks to a secondary market. This round counts Kima Ventures, Seedcamp, byFounders among others as well as business angels.
➗ Alma (Serie C) raises €115M: This fintech Klarna-like, allowing payment by installments, announced this week its Serie C round. This round was led by Tencent, GR Capital, Roosh Ventures to name a few.
🚢 Flexport (Serie E) raises $935M: This San Francisco-based startup is a logistics platform software. This round is led by Andreessen Horowitz and MSD Partners.
💛 Bumble & Fruitz, a new love story : The famous American dating app acquires Fruitz, a french dating app to increase its presence in Europe.
😍 Founder of the week: Victor Lugger
This week we present you Victor Lugger, CEO & Co-founder of Sunday.
Who is behind Big Mamma’s success story? In just a few years, Victor Lugger and his partner Tigrane Seydoux have created an empire of Italian gastronomy in France with more than 1200 employees and 11 restaurants.
Graduate of HEC and former head of My Major Company, France's first artist crowdfunding platform, Victor Lugger leaves a great situation in late 2012 to launch Big Mamma.
Their goal is to provide good, inexpensive food in a pleasant place. With more than 50,000 pizzerias in Ile-de-France (the region around Paris), the bet is risky and requires thinking differently: products exclusively imported from small Italian producers, all cooked in-house by Italian chefs and 100% Italian teams from Neapolitan cooking schools. The success is there and the queues in front of their restaurants have become famous in Paris.
In April 2021, here we go again. Accompanied by Tigrane Seydoux and Christine de Wendel (ex COO of ManoMano), Victor launches Sunday, a startup allowing to pay at the restaurant in only a few clicks, using a QR code. The startup is developing with a crazy growth: in September 2021, it already counted 1 million transactions made in 1500 partner restaurants representing an annual turnover of 1.59 billion euros. The startup raises 100 million dollars at the same time to establish itself in Europe and expand internationally.
Victor Lugger's adventure seems to have reached its peak and yet it has only just begun 🍕
by Loup Audouy
🔎 Internship and job offers
Soon you will find a complete section to find job and internship offers in Venture Capital, automatically scrapped and available directly on our website.
Volution - VC Analyst Intern (London) 👉 Apply here
Serena - VC Analyst Intern (Paris) 👉 Apply here
Superlyst Ventures - VC Analyst Intern (Munich) 👉 Apply here
Breega - VC Analyst Intern (Paris) 👉 Apply here
Bpifrance - Junior Investment Officer (Paris) 👉 Apply here
🎁 The Gift
⚙️ Do you need to enrich your Tech culture?
👉 Go take a look to Wired and thank us later! 😉
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