ChapsVision, a Paris, France-based AI-driven data processing company, has raised $90 million (€85M) in a funding round.
The company also announced the acquisition of Sinequa, an AI-powered enterprise search and Retrieval-Augmented Generation (RAG) solutions provider.
Investors
The round was led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital.
Tikehau Capital: A global alternative asset management group with €47.1 billion in assets under management (as of September 30, 2024). Tikehau specializes in credit, real assets, private equity, and capital market strategies, along with multi-asset and special opportunities investments.
Qualium Investissement is a French private equity since 1998, investing €2.1 billion in 70 French companies. It partners with entrepreneurs and managers to provide customized, innovative, and sustainable financial solutions for growth and buyout phases.
Bpifrance is a public investment bank in France offering loans, guarantees, equity, and support for innovation projects and exports. Bpifrance finances businesses from the seed stage to stock market listings.
GENEO Capital Entrepreneur is a Paris-based private equity firm founded in 2019. GENEO invests in small and medium-sized companies across various sectors in France and Europe.
Jolt Capital is an independent private equity firm specializing in scaling mid-sized, tech-driven businesses in high-growth sectors like cybersecurity, robotics, AI, and renewable energy.
ChapsVision Use of Funds
The funding will drive international growth focusing on Europe and North America, and accelerate R&D efforts for innovative product development.
About ChapsVision
Founded in 2019 by Olivier Dellenbach, ChapsVision specializes in AI-driven data processing and intelligence solutions. Its robust software suite enables businesses and public authorities to leverage diverse datasets, unlocking actionable insights to support strategic decision-making. With nearly 1,000 employees and 1,000 major clients, the company is targeting revenue of over €200 million in 2024.
Funding Details
Company: ChapsVision
Raised: $90.0M
Round: Unknown
Funding Date: November 2024
Lead Investors: Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, Jolt Capital
Company Website: https://www.chapsvision.fr/
Category: Business Software and Solutions
Source: https://www.businesswire.com/news/home/20241118794850/en