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iBionext

74, rue du Faubourg Saint-Antoine, Paris, Ile-de-France, 75012, France

Overview

iBionext is a unique healthcare fund created within a proven breakthrough innovation accelerator. Their companies are based in a single location named “Passage de l’innovation” in Paris, France. Over the past 4 years, we have created 7 companies that have raised over 250M € and created 103 highly qualified jobs.

Total investments
8
Lead investments
2
Investments · 12mo
0
Active investors
3

Sector focus

  • Financial Services
  • Health Care
  • Venture Capital
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Investment portfolio

  • Tilak Healthcare

    Participated · Equity · Oct 2023

    Tilak Healthcare's core product is OdySight, a CE‑marked Class I medical device that combines a mobile video game with remote monitoring to track visual acuity for retinal diseases such as AMD and diabetic retinopathy. OdySight is financed by the French social security system under the government’s ‘Article 51’ scheme for experimental technologies and is already used in Europe and the United States. Since launch it has improved care for about 12,000 patients and is distributed in part via a co-promotion partnership with Laboratoires Théa. The company says its telemedicine model has created a sustainable business model and is on the path to achieve profitability by 2025. Tilak reported a 500% increase in recurring revenue between 2022 and 2023. The company was founded in 2016 within the iBionext ecosystem and has raised €22 million in total funding to date. Tilak Healthcare develops OdySight, a CE‑labelled Class I medical game for mobile devices that remotely monitors visual acuity in patients with retinal diseases such as age‑related macular degeneration and diabetic retinopathy. The app has been used to optimize care pathways for thousands of patients across Europe and the USA and is used by nearly 20% of retinologists in France. The company combines video‑game developers and medical scientists under guidance from Professor José‑Alain Sahel and is led by CEO Edouard Gasser. Products are clinically validated, compliant with medical device regulations, and built to protect patient privacy. Tilak is expanding internationally (USA, Spain, Belgium) and plans to launch OdySight Care for clinical trials and health‑insurance preventative monitoring. Financially, the company has completed a new fundraising round and has raised over €12 million since its 2016 founding. Tilak Healthcare develops medically-prescribed video games for the diagnosis and follow-up of chronic diseases. Cofounded with iBionext in May 2016 and led by CEO Edouard Gasser, the company is specialized in digital healthcare. It is dedicated to creating disruptive videogames that can be prescribed to monitor and follow up patients. The company's first application targets ophthalmology, with a focus on macular diseases that affect many patients in aging populations of developed countries. Tilak intends to use new funding to accelerate the development of its therapeutic mobile games. The company raised €2.5m from iBionext Growth Fund.

  • Prophesee

    Participated · Series C · Sep 2022

    Prophesee develops event-based vision technologies—sensors, cameras and software—that detect and process motion as asynchronous events rather than conventional frames. The company has evolved its product set into integrated systems such as Mantara, an event-based drone detection and tracking system that the firm says has been validated in the field, and Hearth, a new software platform intended to replace OpenEB and the Metavision SDK for secure, updateable, event-based applications. Prophesee highlights roughly a hundred patents and more than ten years of technology development, and it sells into industry, security and defense markets with use cases spanning airports, critical infrastructure and counter-UAS. The firm has commercial partnerships (for example with IDS Imaging) and a memorandum of understanding with Exosens to extend sensing beyond visible wavelengths. Prophesee is based in Paris and maintains offices in Grenoble, Shanghai and Tokyo, and the company reports a strategic shift toward a full-stack, dual civil and military strategy following the recent funding round.

  • GrAI Matter Labs

    Led · Equity · Nov 2020

    GrAI Matter Labs develops brain-inspired, ultra-low latency computing for edge AI, centered on its NeuronFlow technology and GrAI One accelerator. Its current GrAI One chip and GrAI One HDK are available for product evaluation and application programming. The company says NeuronFlow delivers industry-leading inference latency and the "fastest AI per Watt" by exploiting spatial and temporal sparsity. GrAI plans to accelerate design and market launch of its upcoming GrAI full-stack AI system-on-chip platform to improve visual inference in robotics, industrial automation, AR/VR and surveillance. The company intends to partner with application specialists and integrators to deliver system-on-chip platforms and end-to-end applications. GrAI Matter Labs has offices in Paris, Eindhoven and San Jose and is led by a team of experienced engineers and managers.

Team