
Partech, Breega in €10m seed round for Ubble
Partech and Breega have completed a €10m seed funding round for Ubble, a Paris-based developer of identity verification software.
The investment is an extension to the seed round the company raised from angel investors and Partech last year. This brings the total financing the company has raised to date to more than €10m, 90% of which is equity, Unquote has learned.
Ubble also recently signed a partnership with BPI France, which now uses its identity verification solution.
The fresh capital will be used to recruit new talent - 15 are due to be filled by the end of the year, notably in the sales and marketing teams - and to break into further European markets.
Company
Ubble was founded in 2018 in Paris by former Gemalto, Criteo and Google staff. It develops a software to fight identity fraud on the Internet by relying on artificial intelligence and video streaming technologies.
People
Partech – Boris Golden (principal).
Breega – Isabelle Gallo (partner).
Ubble – Juliette Delanoe (co-founder).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater