The transaction highlights Clipperton’s expertise in artificial intelligence applied to various fields and industries after advising Ibex (cancer diagnosis) as well as Novaquark (gaming) earlier this year.
This private placement adds to the cohort of acceleration rounds for software companies managed by Clipperton whose track-record in the space includes transactions with Broadpeak, Sendinblue, Linkfluence, Botify, iAdvize, Odoo, etc.
Operating on a global scale, DreamQuark received the backing of a group of international investors: the round was led by Alma Mundi Ventures, with co-investments from AG2R la Mondiale, Keen Venture Partners and NewAlpha Asset Management, joining historical shareholder CapHorn Invest.
Paris, December 18, 2019 – Leading European technology investment bank Clipperton is pleased to announce its role as financial advisor to DreamQuark in the context of the company’s €14 million euros Series B financing. This new investment was brought by a group of new investors including Alma Mundi Ventures (lead), NewAlpha Asset Management, Keen Venture Partners and AG2R LA MONDIALE, with the participation of historical investor CapHorn Invest.