Partech

Partech is a global technology investment firm headquartered in Paris with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. It provides capital, operational experience, and strategic support to founders from seed to growth, working alongside the entrepreneurs it backs to pursue long-term success. Founded about 40 years ago in San Francisco, Partech currently manages around 2.5 billion euros in assets and backs a portfolio of about 220 companies across 40 countries and four continents. The firm concentrates on technology sectors, including software, cybersecurity, fintech, AI, cloud, and related areas, investing across the United States, Europe, and emerging markets.

Ami Amir

General Partner

Carlota Armero Saura

Analyst

Klaudyna Augler

Senior Associate

Omri Benayoun

General Partner

Philippe Collombel

General Partner

Past deals in Embedded Software

Exein

Series B in 2024
Exein is a cybersecurity company that specializes in firmware security software and middleware designed to protect connected devices from internal threats. Its innovative platform can be embedded directly into hardware, allowing it to operate at a lower level within the firmware. By addressing vulnerabilities inherent in smart devices, Exein aims to enhance the privacy and security of device data. The company's approach provides a proactive defense mechanism that helps clients mitigate significant security risks associated with the increasing connectivity of devices in various sectors.

Memfault

Series B in 2023
Memfault Inc. is a San Francisco-based company that specializes in providing solutions for firmware delivery, monitoring, and diagnostics tailored to embedded systems. Its platform assists hardware companies in identifying and resolving embedded software bugs, thereby enhancing the reliability of their devices. Memfault enables users to manage software updates and deployments efficiently, offering features such as staging and reverting rollouts by segments, monitoring deployment statuses, and targeting specific devices with custom builds. Additionally, the company’s tools allow users to analyze trends in battery life and device performance, capture backtraces and local variables during errors, and customize error conditions. By streamlining the debugging process, Memfault empowers consumer electronics, industrial automation, and IoT businesses to innovate more rapidly while maintaining product stability and reliability.

Memfault

Series A in 2021
Memfault Inc. is a San Francisco-based company that specializes in providing solutions for firmware delivery, monitoring, and diagnostics tailored to embedded systems. Its platform assists hardware companies in identifying and resolving embedded software bugs, thereby enhancing the reliability of their devices. Memfault enables users to manage software updates and deployments efficiently, offering features such as staging and reverting rollouts by segments, monitoring deployment statuses, and targeting specific devices with custom builds. Additionally, the company’s tools allow users to analyze trends in battery life and device performance, capture backtraces and local variables during errors, and customize error conditions. By streamlining the debugging process, Memfault empowers consumer electronics, industrial automation, and IoT businesses to innovate more rapidly while maintaining product stability and reliability.

NGD Systems

Series B in 2018
NGD Systems develops advanced computational storage drives (CSDs), enabling customers to process data where it resides. Their products offer high capacity, power efficiency, and small form factors, ideal for edge computing networks, AI/ML applications, CDNs, and hyperscale environments.

Mipsology

Seed Round in 2017
Mipsology SAS is an information technology company based in Palaiseau, France, specializing in artificial intelligence and deep learning solutions. Founded in 2015, Mipsology develops Zebra, an FPGA-based inference engine designed for data centers and edge computing. This accelerator enables efficient computation of image-based neural networks, allowing users to achieve faster performance with lower power consumption and cost. The software is compatible with major frameworks and can be deployed on both CPU and FPGA hardware, offering a plug-and-play solution that requires no modifications or retraining of existing neural networks. Mipsology aims to provide clients with a cost-effective alternative to traditional GPU-based systems, ensuring longer operational lifespans.

Teknovus

Venture Round in 2009
Teknovus, Inc. is a fabless semiconductor and software solutions company based in Petaluma, California. Founded in 2002, Teknovus specializes in developing access chips and embedded software for the fiber-to-the-x (FTTx) market. The company provides a range of products, including Ethernet passive optical network (EPON) integrated chips for both central office and customer premises applications, as well as EPON customer premises equipment (ONU) and TDM transport chips for circuit emulation across Ethernet switched networks. Additionally, Teknovus offers evaluation kits to support original equipment manufacturers and service providers, EPON optical line terminal (OLT) solutions with a system-on-a-chip approach, and the TK3401 Intelligent EPON Node Controller, which assists service providers in addressing diverse network topologies and subscriber densities. The company's products are marketed through distributors in the United States, Europe, and China, with additional sales and support centers located in Tokyo, Seoul, Beijing, Shanghai, Shenzhen, and San Jose, California.

Teknovus

Series D in 2007
Teknovus, Inc. is a fabless semiconductor and software solutions company based in Petaluma, California. Founded in 2002, Teknovus specializes in developing access chips and embedded software for the fiber-to-the-x (FTTx) market. The company provides a range of products, including Ethernet passive optical network (EPON) integrated chips for both central office and customer premises applications, as well as EPON customer premises equipment (ONU) and TDM transport chips for circuit emulation across Ethernet switched networks. Additionally, Teknovus offers evaluation kits to support original equipment manufacturers and service providers, EPON optical line terminal (OLT) solutions with a system-on-a-chip approach, and the TK3401 Intelligent EPON Node Controller, which assists service providers in addressing diverse network topologies and subscriber densities. The company's products are marketed through distributors in the United States, Europe, and China, with additional sales and support centers located in Tokyo, Seoul, Beijing, Shanghai, Shenzhen, and San Jose, California.

DiBcom

Series E in 2007
DiBcom S.A., a fabless semiconductor company, offers a range of integrated circuits in France & internationally. It specializes in the development of broadband wireless solutions following digital video broadcasting and other broadband communication standards. The company offers chipsets and development kits. Its solutions are used in automotive, portable LCD TV, PC, mobile phones and other handheld device applications. DiBcom S.A. was founded in 2000 and is headquartered in Palaiseau, France.

Teknovus

Series C in 2005
Teknovus, Inc. is a fabless semiconductor and software solutions company based in Petaluma, California. Founded in 2002, Teknovus specializes in developing access chips and embedded software for the fiber-to-the-x (FTTx) market. The company provides a range of products, including Ethernet passive optical network (EPON) integrated chips for both central office and customer premises applications, as well as EPON customer premises equipment (ONU) and TDM transport chips for circuit emulation across Ethernet switched networks. Additionally, Teknovus offers evaluation kits to support original equipment manufacturers and service providers, EPON optical line terminal (OLT) solutions with a system-on-a-chip approach, and the TK3401 Intelligent EPON Node Controller, which assists service providers in addressing diverse network topologies and subscriber densities. The company's products are marketed through distributors in the United States, Europe, and China, with additional sales and support centers located in Tokyo, Seoul, Beijing, Shanghai, Shenzhen, and San Jose, California.

DiBcom

Series C in 2005
DiBcom S.A., a fabless semiconductor company, offers a range of integrated circuits in France & internationally. It specializes in the development of broadband wireless solutions following digital video broadcasting and other broadband communication standards. The company offers chipsets and development kits. Its solutions are used in automotive, portable LCD TV, PC, mobile phones and other handheld device applications. DiBcom S.A. was founded in 2000 and is headquartered in Palaiseau, France.

Jungo Software

Series C in 2003
Jungo Software develops a range of software solutions primarily focused on connectivity and automotive applications. The company is known for its residential gateway software platform, OpenRG, which enables Original Equipment Manufacturers (OEMs) to efficiently introduce broadband customer premises equipment, including residential and small office/home office gateways. In addition to this, Jungo provides software development tools for embedded systems and telephony applications, which have been widely adopted across various markets. The company also offers products tailored for automotive use, such as WinDriver, a PC driver development toolkit; MediaCore, automotive multimedia middleware; and DriverCore, communication drivers for USB devices. Overall, Jungo Software plays a significant role in enhancing connectivity in both home and automotive environments.
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