[INSIDERS] The 6 Tech Info You Shouldn’t Miss
- FrenchFood Capital raises 70 million euros to get the nuggets of FoodTech off the ground.
- The Ironhack Tech School is raising $ 3 million to expand internationally.
- Apitic, 1 million euros to strengthen its commercial presence.
- Ashley Madison is offering $ 11.2 million to victims of the data theft that took place in 2015.
- 10 products and services that did not exist in 2007.
- The nominations: Sylvain Piquet, Marion Darrieutort…
Bpifrance, Crédit Mutuel, Banque Populaire and Tikehau Capital announced the launch of the investment fund FrenchFood Capital. Endowed with 70 million euros, this new structure aims to support French agri-food companies. The fund will be managed by Paul Moutinho, Perrine Bismuth, Laurent Plantier (opposite), co-founder of Alain Ducasse Entreprise, and Denis hennequin, former McDonald’s CEO Europe.
This new structure does not target start-ups, but agribusiness SMEs and midcaps with up to 5,000 employees and achieving a turnover of 1.5 billion euros. FrenchFood Capital primarily wishes to invest in companies with an enterprise value of between 20 million euros and 150 million euros. The fund targets a final closing of 100 million euros by the end of the year. As for the first investment, it should be announced next fall.
American school Ironhack, which trains for digital professions, has completed a first funding round of $ 3 million. For this operation, the “Tech School” was supported by the Madrid investment fund JME Venture Capital.
Founded in 2013 by Ariel quinones and Gonzalo Manrique (opposite), Ironhack has four campuses around the world, located in Miami, Madrid, Barcelona and Paris. In the space of three years, the American school claims to have already trained more than 800 students of 40 different nationalities.
With this funding round, Ironhack plans to accelerate its international expansion. “Our ambition is to reach the 10 campus mark by the end of 2018», Says Alexandre Berriche, head of expansion at Ironhack.
The Breton start-up Apitic, which offers smart cash registers and connected solutions for the catering industry, raised € 1 million from Newfund. Since 2007, the company has developed a software suite that makes it easier to manage its point of sale and its brand.
This financing should enable Apitic to accelerate its commercial development and its R&D. “These funds strengthen our ability to respond to growing demand from our market.“, Explain Stephane Statiotis, CEO of Apitic.
In 2015, extra-marital dating site Ashley Madison was the victim of a massive hack, which resulted in the theft of the data of nearly 37 million users. These were made public a few days after the computer attack. On trial against a group of victims of this piracy, the Canadian company has agreed to pay $ 11.2 million in compensation, according to information reported by CNBC.
Users who “properly document the impact the security breach had on their lives” will be eligible for compensation up to $ 3,500 each. Almost a third of the sum promised by Ashley Madison will be used to pay the legal fees of the victims.
Certain technological innovations have profoundly changed our consumption habits, such as the iPhone, the first copy of which was put on sale 10 years ago. What other products or services, which are part of our daily lives today, did not exist in 2007? Response elements with a graphic produced by Statista.
Read also: 7 start-ups that did not exist 10 years ago
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