CapHorn

CapHorn Invest, established in 2010, is a Paris-based venture capital firm focusing on climate and health technologies. It manages 180 million euros across two funds and has invested in over 20 companies. CapHorn primarily targets seed to Series B rounds, investing between 1 to 10 million euros in transformative technologies that combat climate change. Since 2020, it operates as a Club Deal under the financial structure of Anaxago.

Clementine Bouet

Principal

Marion Chanéac

Partner

Laurent Dumas-Crouzillac

Partner

Alexandre Heraud

Partner

Hugues Joubert

Associate President

Past deals in Southwestern Europe

Tilak Healthcare

Venture Round in 2023
Tilak Healthcare SAS, established in 2016 and headquartered in Paris, France, specializes in developing prescribed mobile games designed for diagnostic and rehabilitation purposes for individuals with chronic diseases. The company creates clinically validated mobile games that help patients monitor and manage their conditions in an engaging manner, thereby improving health outcomes and quality of life. Tilak's offerings include a game specifically tailored to track visual parameters relevant to patients suffering from macular diseases.

Check & Visit

Series A in 2023
Check & Visit is a Rennes, France-based software company founded in 2017 that develops a real estate inventory platform to organize and carry out property inventories. The platform supports dematerialized inventories with photos and digital monitoring, offers inventory booking, and facilitates certified checkers to perform validated inventories. It serves property owners and real estate professionals, providing structured inventories with photo documentation and responsive customer support by email or phone, with the goal of converting inventory data into actionable insights and improving accuracy, efficiency, and client engagement.

Ledger

Series C in 2023
Ledger is a prominent company specializing in security and infrastructure solutions for cryptocurrencies and blockchain applications, established in 2014 and headquartered in Paris, France. The company has become a leader in the market with over one million hardware security devices sold across more than 165 countries. Its flagship products, including the Ledger Nano S and Ledger Nano X, are designed for secure management of cryptocurrencies, featuring built-in displays and connectivity options for ease of use. For enterprises, Ledger offers Ledger Vault, a fully managed SaaS solution that safeguards substantial amounts of multiple cryptocurrencies while addressing physical and IT security threats. Additionally, Ledger is actively engaged in the industrial Internet of Things (IoT) sector, utilizing its secure hardware technology to connect sensors and machines to blockchain-based assets. The company also operates a production facility in Vierzon, France, and maintains offices in San Francisco.

Ganymed Robotics

Series B in 2023
Ganymed Robotics is a medical device company that develops robotics technologies for orthopedic surgeons, including a therapeutic device designed to improve precision in knee replacement procedures. Founded in 2018 and based in Paris, the company aims to enhance surgical accuracy, reduce operating times, and improve patient outcomes by integrating robotics into the orthopedic workflow.

Explora Project

Series A in 2022
Founded in 2018, Explora Project specializes in adventure travel, organizing guided expeditions to remote regions worldwide. The company offers a range of activities across various environments and operates an online travel platform.

Explora Project

Debt Financing in 2022
Founded in 2018, Explora Project specializes in adventure travel, organizing guided expeditions to remote regions worldwide. The company offers a range of activities across various environments and operates an online travel platform.

Kardinal

Series A in 2022
Kardinal is a Paris-based company that designs and develops real-time tour and route optimization software for logistics and field service. Its platform uses advanced mathematics and AI to optimize operations by leveraging existing processes and data for planning, monitoring, analytics, and business modeling, with a focus on last-mile delivery. The software supports territory optimization, subcontractor pricing, resources anticipation, fleet conversion through simulations, and depot location assessment, enabling data-driven decisions on routing and capacity. It offers real-time route optimization and re-optimization in response to disruptions, automatic dispatch and delivery management, and time prediction of courier arrivals to reduce delivery times and improve profitability. Kardinal was founded in 2015 in Paris and was formerly known as SAS CITODI.

Potloc

Series B in 2022
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.

FINALCAD

Private Equity Round in 2022
FINALCAD provides mobile apps and predictive analytics that help construction stakeholders identify and fix issues in the building process. Since 2011, it has supported more than 10,000 projects across 30 countries and aims to increase quality, reduce costs, and make digital construction tools accessible to all. Headquartered in Paris, the company pursues the digital transition of the construction industry.

EasyMovie

Series A in 2020
Founded in 2013, EasyMovie is a Paris-based company specializing in video creation platforms. It offers tools for businesses to produce high-quality videos efficiently, including mobile apps and a SaaS platform. The platform enables users to create workflows, shoot sequences with tips on duration, framing, light, and noise, streamline edits and approvals, and broadcast videos.

Dathena Science

Series A in 2020
Dathena Science, established in 2016, specializes in data security and privacy management software. Headquartered in Singapore with offices in Bangkok, Lausanne, Geneva, Paris, and New York, the company offers solutions such as data protection maturity assessment, sensitive data inventory, risk assessment, and AI-driven data classification and control. Dathena's software enables clients to identify, protect, and manage sensitive data, detect anomalies, and ensure regulatory compliance.

Potloc

Series A in 2019
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.

FINALCAD

Series C in 2018
FINALCAD provides mobile apps and predictive analytics that help construction stakeholders identify and fix issues in the building process. Since 2011, it has supported more than 10,000 projects across 30 countries and aims to increase quality, reduce costs, and make digital construction tools accessible to all. Headquartered in Paris, the company pursues the digital transition of the construction industry.

Potloc

Seed Round in 2018
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.

AntVoice

Series A in 2018
Founded in Paris, France in 2011, AntVoice is a European company specializing in personalized user experiences. It employs a multi-object graph-based artificial intelligence to create unique user profiles, enabling it to generate tailored recommendations across various channels and countries. The company's solution has been adopted by numerous e-commerce and media actors to enhance KPIs and improve audience experience.

Ledger

Series B in 2018
Ledger is a prominent company specializing in security and infrastructure solutions for cryptocurrencies and blockchain applications, established in 2014 and headquartered in Paris, France. The company has become a leader in the market with over one million hardware security devices sold across more than 165 countries. Its flagship products, including the Ledger Nano S and Ledger Nano X, are designed for secure management of cryptocurrencies, featuring built-in displays and connectivity options for ease of use. For enterprises, Ledger offers Ledger Vault, a fully managed SaaS solution that safeguards substantial amounts of multiple cryptocurrencies while addressing physical and IT security threats. Additionally, Ledger is actively engaged in the industrial Internet of Things (IoT) sector, utilizing its secure hardware technology to connect sensors and machines to blockchain-based assets. The company also operates a production facility in Vierzon, France, and maintains offices in San Francisco.

Vekia

Series B in 2017
Vekia is a French startup specializing in supply chain management solutions through its innovative SaaS platform. The company leverages advanced artificial intelligence algorithms to enhance inventory management for distributors, enabling them to optimize stock placement efficiently and cost-effectively. By providing tools for order proposals, demand forecasting, and customized indicators, Vekia empowers stock managers to streamline their daily activities and focus on high-value tasks. As a result, businesses utilizing Vekia's technology can improve supply chain planning, enhance customer satisfaction, and increase profitability.

Ledger

Series A in 2017
Ledger is a prominent company specializing in security and infrastructure solutions for cryptocurrencies and blockchain applications, established in 2014 and headquartered in Paris, France. The company has become a leader in the market with over one million hardware security devices sold across more than 165 countries. Its flagship products, including the Ledger Nano S and Ledger Nano X, are designed for secure management of cryptocurrencies, featuring built-in displays and connectivity options for ease of use. For enterprises, Ledger offers Ledger Vault, a fully managed SaaS solution that safeguards substantial amounts of multiple cryptocurrencies while addressing physical and IT security threats. Additionally, Ledger is actively engaged in the industrial Internet of Things (IoT) sector, utilizing its secure hardware technology to connect sensors and machines to blockchain-based assets. The company also operates a production facility in Vierzon, France, and maintains offices in San Francisco.

Revers.IO

Series A in 2017
Founded in Paris, France in 2009, Revers.IO is a Software-as-a-Service (SaaS) company specializing in reverse logistics management. It offers a platform that streamlines after-sales processes for e-commerce sellers and retailers by handling returns, repairs, and refunds efficiently. The platform connects all stakeholders involved in the process, providing full traceability and automating physical and administrative tasks.

Fidzup

Series A in 2016
Fidzup is a Paris-based company that specializes in providing web-oriented tools for brick-and-mortar businesses. Established in 2013, it has developed a unique in-store analytics platform that leverages Wi-Fi and GPS technology to monitor and analyze consumer behavior at points of sale. This platform enables retailers to gather valuable data on customer movements, both inside and outside their stores. By understanding these behaviors, Fidzup allows businesses to effectively retarget customers with personalized advertisements delivered directly to their mobile devices, thereby enhancing local marketing efforts and improving customer engagement.

FINALCAD

Series B in 2016
FINALCAD provides mobile apps and predictive analytics that help construction stakeholders identify and fix issues in the building process. Since 2011, it has supported more than 10,000 projects across 30 countries and aims to increase quality, reduce costs, and make digital construction tools accessible to all. Headquartered in Paris, the company pursues the digital transition of the construction industry.

AntVoice

Series A in 2016
Founded in Paris, France in 2011, AntVoice is a European company specializing in personalized user experiences. It employs a multi-object graph-based artificial intelligence to create unique user profiles, enabling it to generate tailored recommendations across various channels and countries. The company's solution has been adopted by numerous e-commerce and media actors to enhance KPIs and improve audience experience.

Vekia

Series A in 2015
Vekia is a French startup specializing in supply chain management solutions through its innovative SaaS platform. The company leverages advanced artificial intelligence algorithms to enhance inventory management for distributors, enabling them to optimize stock placement efficiently and cost-effectively. By providing tools for order proposals, demand forecasting, and customized indicators, Vekia empowers stock managers to streamline their daily activities and focus on high-value tasks. As a result, businesses utilizing Vekia's technology can improve supply chain planning, enhance customer satisfaction, and increase profitability.

MesMateriaux

Series B in 2014
MesMateriaux operates an e-commerce platform specializing in the online sale of building materials in France. The website provides a diverse selection of products, including electric wires, switches, plumbing materials, and bathroom fittings, catering to various construction needs. Customers can make secure purchases or request free quotations, ensuring they have access to all necessary materials for their projects, from foundations to finishes. Additionally, MesMateriaux offers expert advice from specialists, facilitating a smoother construction process for builders and contractors while delivering products throughout France.

EXAQTWORLD

Series A in 2013
EXAQTWORLD designs and manufactures electronic article surveillance and security solutions for retailers worldwide. Its Duraltag family includes anti-theft tags for apparel, leather goods, eyewear and accessories, as well as a smart detacher that links to payment systems to authorize removal after purchase, a Duraltag-Lock mechanism, and RFID readers optimized for store and warehouse use. The company provides in-store smart-tag solutions, tag management, and RFID-based tracking to combat shrinkage, improve stock accuracy, and support distribution and merchandising. Headquartered in Paris, France, EXAQTWORLD was founded in the mid-2000s and maintains manufacturing and R&D centers in Europe to serve retailers internationally.

MesMateriaux

Series A in 2012
MesMateriaux operates an e-commerce platform specializing in the online sale of building materials in France. The website provides a diverse selection of products, including electric wires, switches, plumbing materials, and bathroom fittings, catering to various construction needs. Customers can make secure purchases or request free quotations, ensuring they have access to all necessary materials for their projects, from foundations to finishes. Additionally, MesMateriaux offers expert advice from specialists, facilitating a smoother construction process for builders and contractors while delivering products throughout France.

miLibris

Seed Round in 2011
MiLibris S.A. is a Paris-based company, founded in 2009, that specializes in developing software tools and digital distribution services for the book and newspaper industry. The company's platform is designed to support the digital strategy of content publishers by automating various processes such as ingesting, transforming, securing, enriching, and monetizing publications. This enables publishers to manage their catalogs effectively and offer access to their publications under their own brand while providing an optimal browsing experience for users. MiLibris operates internationally, serving publishers around the globe, with additional offices located in Montreal, Canada. The company has established a reputation for its expertise in the digital content landscape and continues to innovate in this evolving field.
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