Preligens raises €20M led by Ace Management and Definvest, together with existing investor 360 Capital

Preligens – formerly named Earthcube – raises a Series A of €20 million led by Ace Management and Definvest together with existing investor 360 Capital. Clipperton acted as sole financial advisor to Preligens in this financing.

The transaction first highlights Clipperton’s expertise in the Software space and in particular related to Artificial intelligence, with several AI-centric transactions over the last twelve months, from different verticals and at different stages of development (such as QopiusIbex Medical AnalyticsDreamquarkFinfrog,…). It also underlines our increasing focus on the Cybersecurity software market.

FR | FR

Raises €20 million with

SaaS & Software

Press release (extract)

Clipperton is pleased to announce that it advised Preligens, a Security & Defence AI software company on its new financing round, a Series A of €20M led by Ace Management and Definvest, fund of French Ministry of Armed Forces managed by Bpifrance, together with existing investor 360 Capital. The proceeds of the fundraising will enable Preligens to pursue its hypergrowth phase with an increasing international footprint, and consolidate its European leadership as a “Deftech” startup. READ FULL PR

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