Bpifrance vs Breega

Wiremind Raises €35M in First Funding Round

Paris-based AI software company Wiremind has closed a €35 million funding round, marking its first external capital raise since its founding in 2014. The company, which serves the transport, air cargo, and events industries, has been bootstrapped and profitable. The round was led by IronWave (formerly Wendel Growth), Bpifrance Investissement through its Large Venture fund, and Seaya Andromeda. Wiremind's co-founders will retain majority control. The funding will support international expansion into South America, the Middle East, and APAC, as well as increased investment in AI research and development. In 2025, the company's revenue grew 67%, and its flagship CAYZN revenue management system saw ARR grow 81% year-over-year.

• Wiremind, a Paris-based AI software company, raised €35 million in its first funding round.
• The round was led by IronWave, Bpifrance Investissement, and Seaya Andromeda.
• Wiremind has been bootstrapped since its founding in 2014 and remained profitable.

Vates raises €30M from IRIS and Bpifrance

French virtualization company Vates has raised €30 million in growth funding from IRIS' Growth fund and Bpifrance's Large Venture fund. The investment comes amid shifts in the global virtualization market, driven by licensing changes, rising infrastructure costs, and complex architectures. Vates offers an open-source virtualization platform designed to give organizations control, reduce technological dependency, and ensure interoperability and reversibility. The company has expanded internationally, with customers in 100 countries and North America as its largest market. It also joined Gartner's Magic Quadrant for virtualization in 2026. The funding will accelerate Vates' strategy, focusing on next-generation platform development, international expansion in North America and Europe, and building a partner ecosystem. Open source remains central to Vates' approach.

• Vates raised €30 million from IRIS' Growth fund and Bpifrance's Large Venture fund.
• Vates serves customers in 100 countries, with North America as its largest market.
• Vates joined Gartner's Magic Quadrant for virtualization in 2026.

Moins d'un an après son lancement, le Fonds Bpifrance Défense a collecté 150 M€

Le Fonds Bpifrance Défense a collecté 150 M€ moins d'un an après son lancement, marquant l'intérêt des Français pour le secteur de la défense.

Cori Clinical Raises €3.8M to Accelerate Clinical Trials

London-based Cori Clinical, a startup providing an AI-powered intelligence layer for clinical trials, has raised €3.8 million in a Seed round led by Breega, with participation from Enzo, Heartfelt, Together Ventures, and Bynd. The company plans to use the funds to expand delivery capacity, grow its team, and deepen regulatory and clinical intelligence in its platform. Dr. Emma Ogburn joins as Chief Clinical Officer from Lindus Health. Founded in 2025 by Jorn Jansen Schoonhoven (CEO) and Patricio Fernández (CTO), Cori Clinical creates a 'living blueprint' for trials, integrating internal knowledge with external data from registries and regulatory bodies like FDA, MHRA, and EMA. The startup claims its approach could reduce average trial set-up costs by at least 33%. It already works with two of the top five global CROs and has customers like Erasmus MC.

• Cori Clinical raised €3.8 million in a Seed round led by Breega.
• Participants include Enzo, Heartfelt, Together Ventures, and Bynd.
• Dr. Emma Ogburn joins as Chief Clinical Officer from Lindus Health.