European SME investor Idinvest Partners has brought in former Balderton Capital and XAnge Private Equity venture capitalist Nicolas Debock as an investment director.
Debock joins the firm’s venture capital team, and will focus on sourcing, analysing and executing investments in France and the wider European market.
Nicolas spent seven years working at Balderton and XAnge making software-as-a-service, marketplaces and FinTech investments focusing on the French and Southern European markets.
Prior to that he worked as innovation ecosystem Manager for La Poste, where he was in charge of analysing new trends in technology and managing relationships with the start-up ecosystem.
In April, Idinvest Partners held a first close for its third digital fund on $220.8m. The first close of Idinvest Digital Fund III has exceeded that of its predecessor, Idinvest Digital Fund II, which raised €154 million, and the fund is targeting a final close of €300 million.
The new vehicle will look to back companies with high growth potential operating in the enterprise software, fintech, insurtech, deeptech and healthtech.
Earlier this year, Idinvest Partners took part in a $22m funding round for people analytics company Peakon. The round was led by Balderton Capital and featured EQT Ventures fund and Sunstone.
Peakon uses machine learning technology to drive employee satisfaction to boost engagement and retention, by understanding and addressing issues. For financial services, Peakon’s GDPR compliant platform can help institutions ensure the protection of their data and help to promote and manage compliance.
The investment firm also took part in Scality’s $60m round of funding. The company sells software to manage and protect data for companies using one or more cloud systems. With more than 200 large enterprise customers, it plans to use the new money to invest in product development and marketing and to expand its staff.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
