French Tech start-up Kayrros is raising €40 million to further develop its tools for measuring and monitoring climate risks, and is thus entering the climate tech sector. Indeed, thanks to satellite imagery, this start-up proposes to measure CO2, methane and other gases levels in near real time.
This round of financing, announced on March 22, 2022, was carried out with the European Investment Bank (EIB), NewSpace Capital, OperaTech Ventures (BNP Paribas) and French Tech Souveraineté, which is making its first investment. The fund, which is managed by Bpifrance, is part of the France 2030 program and is managed by the General Secretariat for Investment (SGPI). Historic investors are also contributing to this round, which brings the total funds raised by the nugget since its creation in 2016 to €72 million.
Jérémie Swiecznik, partner, advised Bpifrance on this transaction.
This round of financing, announced on March 22, 2022, was carried out with the European Investment Bank (EIB), NewSpace Capital, OperaTech Ventures (BNP Paribas) and French Tech Souveraineté, which is making its first investment. The fund, which is managed by Bpifrance, is part of the France 2030 program and is managed by the General Secretariat for Investment (SGPI). Historic investors are also contributing to this round, which brings the total funds raised by the nugget since its creation in 2016 to €72 million.
Jérémie Swiecznik, partner, advised Bpifrance on this transaction.