Pierre H Leroy 🌒

📈 What drives top-tier performance in venture capital? In the latest episode of Entretien avec un VC by Benjamin Wattinne, Serena Partner Sébastien Le Roy, author of the Serena European SaaS Benchmark, unpacks what it takes to make a venture capital fund thrive. 🧑‍💻 Sébastien began as an engineer and entrepreneur until a pivotal trip to San Francisco shifted his career towards VC. Returning to France, he joined Serena as an intern, where his passion took root, ultimately leading him to become a partner. 🎙️ Some key takeaways from this episode: ✨ VC is high-risk, high-reward. Serena’s “home run” philosophy is about backing bold and visionary founders who can multiply the fund’s size and change the landscape of their industry. By partnering with them on strategy and execution, we accelerate growth in high-stakes environments. ✨ Most VC teams typically include two operating members. At Serena, we’ve built a team of eight. This larger structure provides founders with the resources needed to streamline execution and prepare for funding rounds. Our approach, recognized by the France Digitale Operating Talent Award, reflects our commitment to going beyond capital to address founders’ evolving needs. ✨ The Serena Squad, our network of over 500 C-level executives across our portfolio, is a powerhouse for founders. This community grants their teams access to practical templates, growth-focused workshops, and direct peer support. By connecting with other leaders, founders and their teams can navigate common challenges and scale more effectively. ✨ Our focus on Applied AI and Climate Tech At Serena, we’re especially enthusiastic about two areas: ➡️ Vertical AI solutions tailored to industries like finance and manufacturing, solving complex problems at scale. ➡️ Climate Tech, with a focus on decarbonization and biodiversity.  ➡️ One of Serena's standout investments is Descartes Underwriting, which operates at the intersection of AI and climate. Descartes leverages artificial intelligence to build parametric insurance models, assessing and pricing climate risks in real time. 💡 Spotlight: Jimmy A “coup de cœur” for Sébastien, Jimmy Energy is revolutionizing industrial heat decarbonization with nuclear fission—a game-changer for emissions-heavy industries. Tune it to deep dive into the inner workings of VCs!

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Soooo pretty much how French VC has always been. VC firms suing each other. LPs firing GPs. LPs taking funds back. VCs suing entrepreneurs. It's always been a dramatic scene. 🇫🇷 🐓🍷🥖 https://lnkd.in/eK8JbgDA #vc #venrurecapital #startups #entrepreneurs #entrepreneurship #tech #technology #innovation #money #business

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How has the Software M&A Market performed in the first half of 2024? Our comprehensive report provides in-depth analysis and key insights into the Software M&A market. In this report, part of our Software team, Alexis Iche and Antoine Riendeau, cover: 🔍 Valuation drivers of SaaS companies (including during market slowdowns) 📊 10 mid-market transactions 📈 50 public comparables and their stock market performance Click to download the PDF below. #software #privateequity #saas

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💸 Our business angel cash-out guide is out! 💸 I put together these 4 rules, compiling years of experience advising the best VC investors in managing their portfolio and their exit strategies ( 👋 Romain Afflelou Jean-David BENICHOU Jeremie Attali Marc Menasé Patrice Giami Fanny MIARA) For early-stage investors, finding the right monetization path is a significant challenge. The best, and most complex, option is selling shares on the secondary market. I put together this guide to help early stage venture investors maximize their returns, structured around four major rules RULE 👍 : Prepare this transaction strategy ahead of time RULE 🤘 : Find the right timing to do so RULE 👌 : Price their shares on the secondary market RULE 👊 : Efficiently manage your secondary process You can access the full version of the guide on https://lnkd.in/eqY2XQ_M If you want advice on how to maximize your portfolio I am more than happy to seat with you and discuss your strategy - just book a timeslot in my agenda https://lnkd.in/eFCPXU_g #venturecapital #businessangel #ROI #secondary #portfoliomanagement

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🔍 Looking to boost your fundraising strategy or grow your business? Alexandre Dutoit is now available for exclusive advisory sessions on Coffee ! Alexandre has 15 years of experience in Private Equity and Venture Capital. At ScaleFund, he helped many startups grow and raise funds. He knows the challenges entrepreneurs face and how to overcome them! Here's what he can offer: ✔️ Growth strategy: tips to optimize your business expansion. ✔️ Fundraising: expert advice to optimize your valuation. ✔️ Strategic consulting: use his deal experience to make better decisions. ✔️ Executive coaching: improve your management and negotiation skills. ✔️ ... and much more ! 🎯 Whether you lead a startup, scale-up, or SME, Alexandre can provide valuable insights to help you reach your goals. Ready to transform your business with real, impactful advice? 📈 Book your session with Alexandre on Coffee now! 👉 https://lnkd.in/efH6WJfp

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Upfund, a French proptech company co-founded by Mehdi Bakkali and Bereme Lardjane, has secured €1.3M in funding to transform commercial real estate with AI and data analytics. The round was led by Bpifrance, CDG Invest, MNF Ventures, and key business angels. Founded in 2022, Upfund uses GeoAI technology to provide real-time geospatial insights, empowering real estate professionals to make data-driven decisions in a $7.2 trillion industry. The funding will support the company’s growth and expansion. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/eJXZrmEj 🚀 #AI #RealEstate #PropTech #Funding

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Crunch Lab, a startup from our portfolio, has just raised $3.5M in a seed round led by Multicoin Capital ! Big big congrats to Jean & Arnaud and the whole team for the amazing work. I witnessed impressive dedication from the whole team to close this round and reach new heights. What does Crunch Lab la do? Crunch Lab makes it easier for big companies to unlock the value in their data by running machine learning competitions through their community, CrunchDAO, which has over 6,000 data scientists, quants, and ML engineers. These experts compete to build AI models that give companies actionable insights, mainly to the finance industry. With this funding, Crunch Lab will ramp up their operations and dive into new data-rich markets. Bravo! Link in the comments for the full article.

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[MEET THE JURY 3] Get ready to meet the exceptional members of our jury! We are delighted to introduce 5 of the investors who will be evaluating the presentations of 20 EIC Fund companies on 13 November at the 𝗘𝗜𝗖 𝗮𝗻𝗱 𝗝&𝗝 𝗛𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗗𝗮𝘆, 𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗯𝘆 EuroQuity - Bpifrance. ⭐ Lisanne Blauw Associate at Thuja Capital. Thuja manages several venture capital funds aimed at building and scaling companies in the fields of (bio)pharmaceuticals and medtech. In addition to generating a financial return for investors, Thuja’s investments positively impact the health and well-being of patients. Thuja serves physicians and patients worldwide by providing capital to daring entrepreneurs with ground-breaking product concepts locally.   ⭐ Claire Poulard Investment Director at Turenne Groupe. With more than € 350M dedicated to healthcare, Turenne Capital Healthcare team invests across the whole value chain of healthcare companies in Europe : from venture capital to buy out.   ⭐ Erki Mölder Managing Partner at Verge HealthTech Fund. Verge is an early-stage venture capital firm based in Singapore, exclusively focused on impactful healthcare technologies that have global applicability, especially for underserved populations. The team is composed of former founders or operators who take a hands-on, activist mindset to working with healthtech startups. The partners have invested in over 50 healthtech startups around the world since 2013.   ⭐ Fabienne Roussel, Partner at Vesalius Biocapital IV Partners, which is investing in appealing, later-stage companies in drug development, medical devices & diagnostics and eHealth / mHealth, predominantly in Europe. The companies in their portfolio are dedicated to addressing unmet medical and market needs while prioritizing strong intellectual property protection. Would you like to be part of this ? Make sure to secure your seat. #HealthTech #biotech #medtech #eicAccelerator #EUeic #Healthcare #Investors

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[🎬 Replay of the keynote of Stanislas Niox-Chateau, CEO and Cofounder of Doctolib, at the Adopt AI #Summit by Artefact] on Building the healthcare we all dream of, thanks to AI. 👉 Watch and get inspired by Stanislas Niox-Chateau on the Vision stage: https://lnkd.in/eWRQdsJZ 📖 Read the REPORT of Adopt AI with the replays & synthesis of all CEOs keynotes & key discussion panels: https://lnkd.in/e8yj2CeN 💼 After a severe back injury ended his tennis aspirations, Stanislas pivoted to academics, graduating from HEC School of Management. He co-founded Doctolib in 2013, which quickly became a leader in #ehealth across Europe, dramatically improving how patients connect with #healthcare providers. The platform serves 380,000 healthcare professionals and attracts 80 million patient visits each month. Key insights from the keynote of the CEO of Doctolib: ✔ Niox-Chateau envisions a future where healthcare professionals have access to patient #data in the right context, enhanced #medicalknowledge, and more time for #patientcare. He emphasizes the importance of simple, smart tools to enable preventive care. ✔ He believes that technology can transform how practitioners innovate in their daily work, allowing general practitioners and specialists to treat more patients and handle broader #clinicalcases efficiently. ✔ AI and technology can transform passive, traditional consultations into more dynamic, engaging experiences, benefiting both professionals and patients. Digital #healthstartups play a crucial role in this evolution. ✔ Niox-Chateau emphasizes that technology should be easy to use and have a significant impact on the daily lives of healthcare professionals. #AI can amplify these changes, opening up new possibilities. ✔ At the outset, AI will support practitioners with administrative tasks, ensuring transparency and reducing the possibility of mistakes, thereby enhancing the overall efficiency of #healthcareservices. ✔ Niox-Chateau concludes by reinforcing the potential of technology and AI to change the lives of patients and professionals, encouraging the audience to embrace these innovations for a better healthcare future. 🗣 “I believe technology, amplified by AI, can have a systemic impact on health and the lives of professionals. We dream of healthcare professionals with patient data in the right context, enhanced medical knowledge, and more time for patient care, enabled by smart and simple tools for preventive care,” says Stanislas Niox-Chateau. 👉 Watch all the replays of the Adopt AI Summit: https://lnkd.in/eDxHcR47 📅 Save the date - on November 21st, join us at the AI for Health Summit at STATION F in Paris, where Doctolib will be present to explore the future of healthcare technology! ⚕ You can already book your pass: https://lnkd.in/ej3pUNa7 

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#fundingalert 💼Company: Presti 💰Funding: $3.5 Million ⚡Round: Seed 👥Investors: Partech, Thibaud Elziere, Maxime Brousse, Abou Laraki, Rémi Lemonnier, and Julien Hirth. Presti is the #1 solution for high-quality product photos. Their mission is to transform the way companies create and utilize their product imagery. They bring a new way to stage your products at scale using AI. If you are a furniture company, it is time to use Presti. Presti is renowned as the leading AI platform for generating high-quality product photos. Boris Golden, Nabil Toumi, Damir Babacic, Hamza Bennis, Abdellah Lamrani Alaoui, Saad Bencherif   Read more - https://lnkd.in/gepbEKDi To share your startup story write us on - [email protected] #Presti #AI #Highqualityproducts #fundraising #funding #startup #news

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 🚀 OSS Ventures Secures €8.5 Million to Propel the Future of Operations 💡 We are thrilled to announce that OSS Ventures has successfully secured €8.5 million in our latest funding round! This milestone was made possible by our esteemed investors, including Tikehau Capital, Bpifrance on behalf of French Tech Accélération 2, Etablissements Peugeot Frères, and visionary business angels like Max Pog. 🌿 At OSS Ventures, we are driven by a mission to make industrial operations not just more efficient, but also adaptive and future-ready. We envision factories where technology and human ingenuity combine to create sustainable solutions that meet the challenges of tomorrow. 🌎 Our vision extends beyond technological advancement. We're committed to transforming the very foundation of how goods are produced, addressing critical challenges like climate change and working conditions in the process.  Since our inception in 2019, we've launched 15 startups, invested in four external projects, and our innovative solutions are now empowering over 40,000 operators across nearly 2,200 industrial sites worldwide. 🔧 "Operations account for 25% of the world GDP, yet only a fraction of startup funding goes to this sector. This funding round is pivotal as we aim to scale our impact globally thanks to our esteemed investors for their confidence, » says Renan Devillieres, our CEO. 🙌 A huge thank for the trust and support of our investors and to every team member, partner, and supporter who is part of this transformative journey. #OSSVentures #Innovation #Fundraising #FutureOfManufacturing Francois Lavaste Romain FRIEDMAN Pierre GILLET Frédéric Villain Ulysse Laroche Pierre GILLET Océane Fleury Renan Devillieres

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[#Healthcare] Eurazeo and Kurma Partners, group’s Health venture subsidiary, are thrilled to announce their first co-investment, the second Growth Equity investment of the Nov Santé Actions Non Cotées Fund, in the company PANTERA. As part of this €93m fundraising, both will have a minority stake in the company’s capital alongside EQT Life Sciences, the operation’s lead arranger. 👩‍🔬 The result of a research partnership initiated in 2019 between IBA (Ion Beam Applications S.A.), specialist in particle acceleration technologies, and the Belgian Nuclear Research Center SCK CEN, PanTera is a company created in 2022 whose goal is to produce Actinium-225 on a large scale. 🔍 This radioisotope shows particularly promising characteristics in the fight against cancer given its ability to eliminate cancer cells more deeply whilst saving as much as possible of the healthy surrounding tissues. Numerous clinical trials are underway in the treatment of certain cancers and leukemia, notably neuroendocrine and prostate cancers. 🏥 The co-investment between Nov Santé Actions Non Cotées and Kurma Partners reaffirms the Eurazeo group’s leadership in the strategic healthcare sector. This joint investment in PanTera marks a new phase in the consolidation of sector expertise to support innovation and growth in healthcare companies in Europe. 📰 Read more: https://lnkd.in/e9CwUGdd #Healtheconomy #Cancertreatment #Investment #Radiopharmaceuticals Sven Van den Berghe Christophe Malice Samy Bertrand Olivier MILLET Arnaud Vincent Asnen Cassam-Chenaï Simon Mauclair Samantha Schwartz Hugo Pergher Nicolas Lelièvre Rémi Droller Thierry Laugel Jean-Francois Rivassou Maÿlis Deschamps Daniel Parera Philippe Peltier

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You wanna know how startup funding is going on right now in Belgium 🇧🇪 ? 🔮 I shared with Maxime SAMAIN (L'Echo) my point of view on that matter. 🦄 < >🐌 Article here: https://lnkd.in/e9qbCKKX Discover my take on the situation in 4 points: 1️⃣ More experienced 🐼 Belgium's startup scene boomed around 2015. These early-stage investors, the Business Angels, have gained experience through their investments made between 2015 and 2020. This newfound expertise makes them more rigorous in their analysis and more demanding of startups, ultimately limiting funding for a select few. 2️⃣ Investment shift ↩ The 2022 inflation surge reshaped investor mindsets and expectations. This trend solidified in 2023, becoming the "new normal." Consequently, 2024 witnessed a significant decline in funding for startups lacking a clear path to profitability. 3️⃣ Cycle ♻ The pre-pandemic boom in startups (around 2020) is now experiencing its first wave of bankruptcies. This has understandably shaken some Business Angels' confidence. While this cycle is natural, fear currently dominates investment decisions for many. 4️⃣ Post trauma 🤕 We are in a “post trauma” period. The above elements are making Business Angels much more risk averse. To restore confidence, we need to see successful Belgian 🇧🇪 startups emerge. Thankfully, time can be a healer, and some inspiring success stories 💪 are likely unfolding even as you browse this tremendous LinkedIn post 😜. Let's scale it up! 👏 #startups #scaleups #buildingbridges

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Excited to share the new Gain.pro report on French PE market 🇫🇷🌟 What are the key takeaways? ✔️ PE-backed entries are on track to hit a new high this year, driven by a surge in activity in the Services, Industrials and TMT sectors. ✔️ PE exits are up, driven by a particularly strong Sponsor-to-Sponsor exit market, but multiples have dropped to 9.3x, and holding periods are now at 6.1 years. ✔️Ardian leads as the largest sponsor investing in France, managing a total estimated EV of €12.6bn in the region, followed by Bpifrance (€11.1bn) and Clayton, Dubilier & Rice (€10.6bn). Download the full report here ➡️ https://okt.to/86JheY

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🕚Here’s a flashback to an exciting and bold VC fund launch from 2023. 💸 In Q4 2023 Paris, France based Venture Capital Firm Hi Inov - Dentressangle successfully raised €75mn at first closing of its third fund from investors including DENTRESSANGLE and new investors from Germany and Luxembourg. 🌍 #France #Benelux and DACH region: #Germany #Austria #Switzerland 💡 #B2B fund targeting six sectors (i) #SaaS (ii) #PaaS / no-code / low-code (iii) #Cloud infrastructure software / DevOps (iv) #ClimateTech (v) Collaborative Tools (vi) #ArtificialIntelligence / #Data. Tickets of €2 million to €6 million and can go up to €15 million for #SeriesA and #SeriesB investment. A small #seedstage pocket of about €10mn to make between 10 and 12 investments. 📈 ‘Over the past ten years, Hi Inov has invested in 39 start-ups incl. Styla, 360Learning, Deepki, Glopal, Kenjo, Luzmo, Famoco, Zelros, amongst others; and now has €350mn in capital under management. 💭 “The fund is 50% bigger than previous funds, but we will keep a focused strategy. We simply want to have more reserves for the complicated period ahead so that we can support our societies more..." - Valerie Gombart, co-founder and CEO of Hi Inov. 🗞️Monon Triniac Maddyness https://lnkd.in/etPX22sF 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Pierre-Henri Dentressangle I Wolfgang Krause I Marie ROLE I Veronique Gauduchon I Valère Rames I Eléonore Caillaud I Camille Rivet I Nicolas Amiet I Myrtil Mitanga I Audrey Caramelle I Team Hi Inov … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #paris #venture #fund

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🚀 Proud to announce that OSS Ventures has secured €8.5 million in our latest funding round! 🚀 This achievement wouldn't have been possible without our esteemed investors, including Tikehau Capital, Bpifrance on behalf of Bpifrance French Tech Accélération, Etablissements Peugeot Frères, and visionary business angels like Max Pog. At OSS Ventures, we're not just making industrial operations more efficient - we're revolutionizing them. Our mission is to create adaptive, future-ready factories where technology and human ingenuity combine to address critical challenges like climate change and working conditions. Since 2019, we've launched 15 startups, invested in four external projects, and our innovative solutions now empower over 40,000 operators across nearly 2,200 industrial sites worldwide As our CEO Renan Devillieres says, "Operations account for 25% of the world GDP, yet only a fraction of startup funding goes to this sector. This funding round is pivotal as we aim to scale our impact globally." A huge thank you to our investors for their confidence, and to every team member, partner, and supporter who's part of this transformative journey. This is only the beginning. Time to build the future of operations! #IndustrialInnovation #StartupFunding #FutureOfManufacturing

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Check out all the selected startups that will be part of this years Hinterland of Things conference. The LHoFT - Luxembourg House of Financial Technology Telekom TechBoost Antony Martini 🚩 Alex Panican #fintech #cashmanagement #financialnavigator

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