Artemis, Alven back Speachme

Artemis used its Red River West vehicle for the transaction. The latter, launched in June 2017, is dedicated to French tech. It has so far raised €87.23m and has a target of €128m, according to unquote" data. It invests €5-50m in series-A-to-D rounds. 

Alven typically invests between €1-4m initially and up to €10m in co-investments in companies operating in the technology, media, telecommunications and services sectors, preferably in France.

The early-stage round of funding will finance product development, the opening of an office in Los Angeles, and a recruitment effort that should see the company's workforce triple by the end of 2018.

Previous funding
Alven previously provided the company with €2m in early-stage funding.

Company
Founded in 2012 and headquartered in Nantes, Speachme offers a B2B knowledge-transfer platform, allowing employees to create and share videos across multiple work locations. The service can be used by companies with large numbers of employees, including those that frequently rely on short-term contract labour. Clients include Coca-Cola, PwC, Nissan and Total. The company has facilities in Toronto and Austin.

People
Speachme – Najette Fellache, Kamel Fellache (founders).
Artemis – Alfred Vericel (co-founder).
Alven – Jeremy Uzan (partner).

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• Topics
• Expansion
• France
• Technology
• France
• Venture