Cycloid, a Paris, France-based sustainable platform engineering company, has raised €5 million in Series A funding.
Investors
The round was led by Reflexion Capital and supported by five French angel investors, bringing Cycloid's total funding to €8 million.
Reflexion Capital is a venture capital firm that invests in early-stage technology companies, typically in sectors such as SaaS, AI, and other innovative areas. The firm partners with entrepreneurs to help scale their businesses, providing financial backing and strategic guidance.
Cycloid Use of Funds
The company plans to use the funding to strengthen its position in Europe and accelerate its expansion into North America.
About Cycloid
Founded in 2015 by Benjamin Brial, Cycloid is a sustainable platform engineering solution designed to enhance software delivery. It offers a self-service portal with modules focused on platform orchestration, infrastructure management, and cost and sustainability practices like FinOps and GreenOps. Cycloid works with customers like CMA-CGM, Alchemy, Amenetiz, and Warner Bros.
Funding Details
Company: Cycloid SAS
Raised: €5.0M
Round: Series A
Funding Date: February 2025
Lead Investors: Reflexion Capital
Additional Investors: Five French Angel Investors
Company Website: https://www.cycloid.io/
Software Category: Platform Engineering & DevOps
Source: https://www.eu-startups.com/2025/02/cycloid-raises-e5-million-to-accelerate-sustainable-platform-engineering-growth/