According to the City of Paris, there are 15,000 free-floating vehicles of all forms and shapes in the city, from electric scooters to fluorescent bikes and motorcycle-like scooters. And the City of Paris announced today that companies that operate free-floating services will have to pay a tax depending on the size of their fleet. If […]
View More Paris to tax scooter and bike servicesCategory: France Newsletter
Doctolib is now a unicorn with new $170 million round
French startup Doctolib has raised a new round of funding of $170 million (€150 million). The round is led by General Atlantic, with existing investors Accel, Eurazeo, Kernel and Bpifrance also participating. Some German healthcare entrepreneurs are also joining the round — the company isn’t detailing the names of those investors. But Doctolib is detailing an […]
View More Doctolib is now a unicorn with new $170 million roundAxeleo Capital raises $51 million fund
Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale, while the fund is called Axeleo Capital. And it’s important to mention […]
View More Axeleo Capital raises $51 million fundMeet eFounders’ next batch of startups that want to redefine the future of work
European startup studio eFounders has been relentlessly building new startups over the past few years. In 2019, the company plans to launch Bonjour, a demo tool for sales teams, Chilli, a recommandation service to help small and medium companies leverage modern software-as-a-service products, and Swan, a banking API to generate banking services on demand. If […]
View More Meet eFounders’ next batch of startups that want to redefine the future of workThis robot can park your car for you
French startup Stanley Robotics showed off its self-driving parking robot at Lyon-Saint-Exupéry airport today. While I couldn’t be there in person, the service is going live by the end of March 2019. And here’s what it looks like. The startup has been working on a robot called Stan. These giant robots can literally pick up […]
View More This robot can park your car for youFrance’s tax on tech giants is happening
Is it happening? Is it not happening? After years of back and forth, it looks like the new tax on tech giants in France is about to become a law. Big tech companies that generate significant revenue in France will be taxed on their revenue generated in France. France’s Economy Minister Bruno Le Maire has […]
View More France’s tax on tech giants is happeningScaleway releases cloud GPU instances for €1 per hour
French cloud hosting company Scaleway is rolling out new instances with an Nvidia Tesla P100 GPU. The company is opting for simple pricing with a single configuration that costs €1 per hour ($1.13). Many companies now use GPU instances to train models for their machine learning-powered app or service. Some companies also leverage these cloud […]
View More Scaleway releases cloud GPU instances for €1 per hourFrance overhauls its special visa for tech talent
The French government has unveiled a complete overhaul of the French Tech Visa for employees working for a tech company. And France is taking a contrarian stance by making it easier to come work in France. Let’s start with the big number. According to French Tech Mission director Kat Borlongan, there are more than 10,000 […]
View More France overhauls its special visa for tech talentShift Technology raises $60 million to detect insurance fraud
Paris-based Shift Technology has raised another $60 million funding round. Bessemer Venture Partners is leading the round and existing investors Accel, General Catalyst, Iris Capital and Elaia Partners are also participating. Shift Technology is all about detecting fraudulent insurance claims. There are 70 insurance companies around the world relying on its product, such as MACIF […]
View More Shift Technology raises $60 million to detect insurance fraudMirakl raises $70 million to manage the marketplace of your e-commerce website
French startup Mirakl raised a $70 million funding round. Bain Capital is leading the round with existing investors 83North, Felix Capital and Elaia Partners also participating. If you’ve bought a few products from a third-party seller on an e-commerce website that isn’t Amazon or Alibaba, chances are you’ve used Mirakl in the past. The company […]
View More Mirakl raises $70 million to manage the marketplace of your e-commerce websiteMade.com founder Ning Li launches cosmetics startup Typology
Meet Typology, a new Paris-based startup that designs and sells directly to consumer quality skincare and cosmetics products. The startup has been founded by Made.com co-founder Ning Li and is officially launching today. “Typology is a relatively ambitious project. We want to challenge FMCG [fast-moving consumer goods] brands with a digital pure player,” Ning Li […]
View More Made.com founder Ning Li launches cosmetics startup TypologyStarOfService switches business model for its independent contractor marketplace
French startup StarOfService has recently switched its business model and has been profitable for the month of January 2019. The company operates a marketplace for independent contractors, a sort of Thumbtack for the rest of the world. If you’re looking for a plumber, a music teacher or a DJ for a wedding, StarOfService can help […]
View More StarOfService switches business model for its independent contractor marketplace