Funding

OSS Ventures funding news – Paris-based OSS Ventures Secures €8.5 Million in Funding

Jun 27, 2024 | By Startup Rise EU

OSS Ventures, a leading industrial start-up studio in France, secures €8.5 million in funding. This funding was led by Tikehau Capital, France 2030's French Tech Accélération 2 fund (Bpifrance), Etablissements Peugeot Frères, and business angels like Max Pog.

OSS Ventures, a leading industrial start-up studio in France, secures €8.5 million funding. Tikehau Capital, Etablissements Peugeot Frères, Bpifrance, France 2030's French Tech Accélération 2 fund, and business angels like Max Pog spearheaded this funding.

SUMMARY

  • OSS Ventures, a leading industrial start-up studio in France, secures €8.5 million in funding.
  • OSS Ventures is the startup studio building & investing in the future of operations.

OSS Ventures has founded 15 start-ups and invested in four projects since the end of 2019. Almost 40,000 operators use the studio's cutting-edge solutions on a monthly basis at nearly 2,000 industrial locations worldwide, with 40% of those sites located in France, 40% in Europe, and 20% in the US. The 19 startups that make up OSS Ventures collectively bring in €25 million in annual recurring revenue (ARR).

OSS Ventures has raised its total capital to €11 million with this most recent €8.5 million investment, allowing five entrepreneurs every year to concentrate on growing in Europe and the US with the goal of gaining a sizable international clientele by 2027.

Read also - Zoios funding news – HRtech Startup Zoios Secures €1 Million in Seed Funding

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Renan Devillières, founder and CEO of OSS Ventures, states: "This funding round marks a pivotal moment for OSS Ventures. Our mission to drive industrial innovation is more critical than ever, and with our investors' support, we are poised to scale our impact globally."

Visionary Investors Backing Industrial Transformation

François Lavaste of Tikehau Capital: "We are excited to continue our partnership with OSS Ventures and support their mission of driving industrial innovation through technology. Their proven track record and deep expertise in the manufacturing sector make them a valuable partner in our portfolio."

Frédéric Villain of Établissements Peugeot Frères: "OSS Ventures' focus on reindustrializing France and Europe through cutting-edge solutions aligns perfectly with our investment strategy."

Pierre Gillet of Bpifrance: "Supporting innovative startups in the industrial sector is crucial for maintaining France's competitiveness on a global scale. OSS Ventures' unique approach and deep domain expertise make them an ideal partner in this endeavor."

Max Pog, Uniborn CEO: "OSS Ventures' foresight and execution in the manufacturing sector is inspiring founders across our Venture Studio Family community."

About OSS Ventures

OSS Ventures is the startup studio building & investing in the future of operations. They ideate, test, build, invest in great ideas to change the future of the organizations who provide physical services to the world.

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