27.06.2024,
2639 Zeichen
Paris (ots/PRNewswire) - Fueling the Factory of the Future
OSS Ventures, a leading industrial start-up studio in France, is
thrilled to announce raising €8.5 million. This funding was led by
Tikehau Capital, France 2030's French Tech Accélération 2 fund
(Bpifrance), Etablissements Peugeot Frères, and business angels like
Max Pog.
Since late 2019, OSS Ventures has established 15 start-ups and
invested in four projects. The studio's innovative solutions are used
by over 40,000 operators monthly across nearly 2,000 industrial sites
globally, with 40% in France, 40% in Europe, and 20% in the US.
Collectively, the 19 start-ups under OSS Ventures generate €25
million in annual recurring revenue (ARR).
The latest €8.5 million boost brings OSS Ventures' total capital to
€11 million, enabling five startups annually focused on expanding in
Europe and the US, aiming for significant international clientele by
2027.
Renan Devillières, founder and CEO of OSS Ventures, states: "This
funding round marks a pivotal moment for OSS Ventures. Our mission to
drive industrial innovation is more critical than ever, and with our
investors' support, we are poised to scale our impact globally."
OSS Ventures partners with industrials to boost productivity, improve
product quality, enhance worker conditions, and address the climate
crisis. They visit sites weekly to identify challenges and co-create
solutions. They recruit founders and co-build startups with a team of
20 experts, injecting €300K to €500K for 25-30% equity. Leveraging
their network, OSS Ventures provides rapid market opportunities and
supports startups through all growth stages.
Visionary Investors Backing Industrial Transformation
François Lavaste of Tikehau Capital: "We are excited to continue our
partnership with OSS Ventures and support their mission of driving
industrial innovation through technology. Their proven track record
and deep expertise in the manufacturing sector make them a valuable
partner in our portfolio."
Frédéric Villain of Établissements Peugeot Frères: "OSS Ventures'
focus on reindustrializing France and Europe through cutting-edge
solutions aligns perfectly with our investment strategy."
Pierre Gillet of Bpifrance: "Supporting innovative startups in the
industrial sector is crucial for maintaining France's competitiveness
on a global scale. OSS Ventures' unique approach and deep domain
expertise make them an ideal partner in this endeavor."
Max Pog, Uniborn CEO: "OSS Ventures' foresight and execution in the
manufacturing sector is inspiring founders across our Venture Studio
Family community."
Press contacts
Digital press kit:
http://www.ots.at/pressemappe/PR175507/aom
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