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Partech Newsletter: 3 newbies, 2 exits and 6 companies in the Next40 !
Oct. 2, 2019
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You thought it would be a quiet and tranquil summer? Well, not for everyone and certainly not for some US tech companies who are struggling to file IPOs. On our side, no failed IPO, but two exits and our current portfolio companies are continuing to build big businesses. Three new companies made their debut into our portfolio, welcome Commsignia, Coachhub and Amboss! And a warm thanks to two exiting portfolio companies: Alltricks is now part of the Decathlon home and Streamroot joined forces with CenturyLink. Fare thee well!
Meanwhile, six of our French portfolio companies have been selected in the NEXT40, the new index of the most promising and valuable French tech startups, hats off!
More milestones were reached by Odaseva, Alan, Kantox and Urban Sports Club: read more below and take the time to look at our selection of online articles, and as always, our good old fashion paper book recommendation!
Vitamin C and coffee will help for the autumn, which has started as packed as was the summer!
The Partech Team
€186M raised by our portfolio companies
NA-KD has closed a Series B round at €65M ($71M), including an extension of €20M for localization!
The extension was led by existing investors Partech, Northzone and eEquity, and included new investors Quadrille Capital and La Maison. Huge congrats to the scaleup that just keeps on growing: 95% YoY!