Overview
Corporate venture capital fund investing in mobility startups.
Founded
2019
Deals · 12mo
0
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Investment portfolio
- XXII GROUP
Led · Series A · Mar 2023
XXII offers a SaaS platform called XXIICORE that enables deployment and configuration of video stream analysis algorithms to help operational teams control and optimize field activities. The company was established in 2015 by William Eldin and Damien Mulhem and is headquartered in Paris, France. XXII has more than 70 employees supporting its product and operations. The firm plans to use new funding to maintain its position as a market leader through R&D and recruiting new talent. Management also intends to mass deploy its technology and address new markets while accelerating international development in the US, Europe and the Middle East. The recent fundraise signals an effort to scale both product and geographic reach.