Paris-based digital-economy-focused VC Iris Capital has appointed Julien-David Nitlech (pictured above) and Stéphane Pesqué as partners.
Fresh capital will be used to accelerate Funnel's operations in the US and invest in its technical teams
MACSF co-invested with the GP in a spin-off from Voalcom Group, an Apax Partners portfolio company
Transaction is said to value the company at £600-700m
Medtech-focused VC fund will target startups involved in the treatment of cardiovascular diseases