Participated · Series B · Jan 2024

SCALINX designs semiconductor chips aimed at the defense and telecommunications sectors. The company positions its technology to facilitate deployment of 5G and 6G networks and, in the future, autonomous mobility. It operates in a strategic area linked to national and European sovereignty. SCALINX recently raised €34 million from investors including French Tech Souveraineté, GO CAPITAL, Bertrand Distinguin and Thales (Patrice Caine). The fundraising occurs amid increased French and EU support for the semiconductor industry under initiatives such as the Chips Act. SCALINX is a fabless semiconductor company that designs advanced signal conversion chips, including ADCs and DACs, using its proprietary Smart Conversion CORE (SCCORE™) technology. Its solutions target wider analog bandwidth, lower power consumption, and higher integration for high-speed, medium-to-high resolution data conversion. Target applications include communications infrastructure, RADAR, and test & measurement equipment, with relevance to mmWave communications and the 5G transformation. SCALINX plans to increase capacity, enter new markets, and expand its team to meet growing customer demand. The company was founded in 2015 and is headquartered in Paris, with additional design centers in Caen and Grenoble. It was also selected as a 2020 winner of the France Relance call for projects.

Participated · Equity · Dec 2022

Cash.in is a Brazil-based financial-technology company focused on streamlining and digitizing sales incentive programs for businesses. Founded by entrepreneurs Nani Gordon and Luciana Ramos, the platform enables companies to design, distribute, and manage incentives in a single system. Cash.in’s technology reduces administrative friction and provides real-time visibility over incentive campaigns, helping client firms motivate sales teams more effectively. With new funding in place, the company plans to broaden its offering to include end-to-end corporate payment solutions, allowing enterprises to handle both incentives and broader payment needs on one platform. This strategic expansion is intended to deepen client relationships and open additional revenue streams. The recent capital injection brings fresh resources to scale product development, bolster go-to-market efforts, and enhance platform functionality. Although specific operating metrics such as revenue or user numbers were not disclosed, the Series A round signals investor confidence in Cash.in’s growth trajectory.

Participated · Series B · Jun 2022

Airspace Link offers an online platform that helps UAV operators obtain FAA permissions by partially automating safety-case workflows and tracking ground-based infrastructure such as radar coverage, nearby flights, and other assets. The company positions itself as state and local infrastructure rather than a pilot-facing app, with municipalities white-labeling the platform and charging convenience fees. It raised $23.1 million in a Series B to accelerate U.S. expansion and pursue a global roll-out as countries seek to build or update drone regulatory systems. Airspace Link is partnering with Thales and ESRI to support localization and airspace-monitoring capabilities for international deployments. The company cites tightening FAA rules — including an upcoming mandate for drones to broadcast location — as a driver of demand and a reason to expand quickly. Airspace Link is hiring rapidly, nearing 50 employees, and plans to grow its global team as it commercializes its infrastructure offering. Airspace Link offers drone operation planning tools and APIs that let developers integrate its geospatial data into third-party platforms. Its system is LAANC-compatible and the company is one of seven FAA-approved providers for low-altitude authorization in controlled airspace. The platform differentiates itself by integrating with municipal mapping tools to surface ground-based risk for communities and operators. Founded in 2018 and based in Detroit, the company employs about 20 full-time staff and says it partners with more than 40 U.S. government agencies and municipalities. Airspace Link plans to use new funding to expand its domestic offering, integrate with additional transportation groups, and grow overseas. The company has signaled specific expansion targets of Australia and Canada. It recently closed a $10 million Series A to support those efforts. Airspace Link builds mapping and authorization tools that help cities and towns manage low-altitude drone traffic by integrating ground-based risk data into flight guidance for operators. The company integrates deeply with ESRI to surface terrestrial critical-asset and population data and to enable municipal advisories and permitting workflows. Its platform components include AirRegistry (opt-in/opt-out for drone deliveries), AirInspect (city/state permitting), AirNetm (FAA-approved air routes) and AirLink (an API that connects operators with local governments and collects registration fees). Airspace Link has received FAA approval for low-altitude authorization and notification capabilities and currently focuses on authorizing flight plans while planning broader rollouts. CEO Michael Healander says the company expects live-tracking of every drone on its platform within about two years. Financially, Airspace Link previously closed a $1.0M pre-seed round in September 2019 at a $6.0M post-money valuation; the company’s current valuation following the new financing is undisclosed.

Participated · Equity · Feb 2020

Kinéis develops a constellation of nanosatellites to provide global connectivity and data collection for IoT, working with terrestrial IoT operators, device manufacturers and existing satellite operators. The company debuted in 2018 as a CLS Group spin-off and is Occitanie-based. Kinéis aims to add 25 nanosatellites and place them into orbit by 2022, with a goal of connecting several million objects worldwide by 2030. Its first components include Argos operational payloads on seven satellites and the ANGELS prototype, launched in December 2019. The satellites will weigh under 30 kg, be fitted with electric propulsion for end-of-life de-orbiting and include collision-avoidance capabilities to comply with France’s Space Operations Act and reduce space debris. Kinéis has appointed Alexandre Tisserant as President and secured funding to focus on satellite manufacturing and commercial deployment.

Participated · Equity · Feb 2020

Kinéis is an independent, private satellite operator founded in 2018 that is developing a nanosatellite constellation to provide global connectivity for IoT devices. The company works with terrestrial IoT operators, existing satellite operators and connected-object manufacturers to locate and collect data worldwide. Kinéis reached its capital-raising target of €100 million to fund satellite manufacturing and commercial deployment. With the funds it plans to add 25 nanosatellites and aims to have the constellation in orbit by 2022. Kinéis has established commercial partnerships with Bouygues Telecom, Suez, the Wize Alliance and Arribada and reports a filled order book. The satellites will weigh less than 30 kg and include electric propulsion for end-of-life de-orbiting and collision-avoidance, and the project will comply with France’s Space Operations Act to avoid space debris. Major technical support and backing comes from the French space agency CNES.