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Transactions 21 November 2024

Sirfull x Innovacom / Capital Grand Est / Demeter / Wille Finance

Fund raising
Secteur Software & Platforms
Sirfull, the software specialist for industry, raises €6m to accelerate its commercial development in Europe
Client Sirfull

Founded in 2012 in Alsace, SIRFULL is a software publisher for industrial players to support them in the digitalization of asset tracking and thus optimize the security of any industrial site. SIRFULL's solutions enable in particular the automation of the preparation and traceability of industrial welds and the monitoring of equipment in operation.

Contrepartie Innovacom

Innovacom supports the launch and development of technological start-ups that contribute to environmental, digital and industrial transitions in various sectors (energy, telecoms, mobility, smart city, aeronautics, new space, etc.).

Contrepartie Capital Grand Est

Capital Grand Est participates in the development and success of start-ups and dynamic SMEs in the Grand Est Region.

Contrepartie Demeter

Demeter is a major European player in investment in venture capital, development capital and infrastructure in the energy transition

Contrepartie Wille Finance

Wille Finance is an international family office based in Switzerland focused on private equity, venture capital, real estate and publicly traded assets.

Founded in 2012 in Alsace, Sirfull is a software publisher for industrial players to support them in the digitalization of asset monitoring and thus optimize the security of any industrial site. Sirfull’s solutions enable in particular the automation of the preparation and traceability of industrial welds and the monitoring of equipment in operation.

Following a process orchestrated by the Pax Corporate Finance teams, this fundraising of 6 million euros led by Innovacom alongside Sirfull’s historical investors (Demeter, Capital Grand Est, Wille Finance and Sirfull Holding) and financial and institutional partners (Banque CIC Est, Caisse d’Épargne Grand Est Europe, BNP Paribas and Bpifrance) should enable the company to strengthen its presence in Europe by establishing local sales teams in key countries such as Germany, the United Kingdom, Italy and Spain. In order to further improve the efficiency of Sirfull solutions, the funds will also be used to accelerate the integration of Artificial Intelligence into software solutions.

Already present in 15 countries and deployed on more than 200 industrial sites with notable customers – such as EDF, Air Liquide, GRTgaz, Inéos, etc. – Sirfull has demonstrated the relevance of its solutions in a context where manufacturers are faced daily with challenges and increasing requirements in terms of safety and the environment to control their equipment and minimize the risk of industrial accidents.

“We are proud of this fundraising and warmly thank all the stakeholders involved, particularly Innovacom, whose industrial and SaaS solution appetite won us over. In an economic context marked by many challenges, this fundraising demonstrates the confidence of our investors in our project and our growth,” comment Jean-Claude Lambolez, Founding President of SIRFULL, and Matthieu Gonzalez, CEO.
“Supporting ambitious technological projects and players in reindustrialization is at the heart of the investment thesis pursued by Innovacom. With its SaaS solutions, SIRFULL offers companies a key technical tool to manage industrial risk and ensure their compliance with standards and regulations relating to the protection of the environment and populations. We are proud to support them for this new phase of expansion,” say Frédéric Humbert, Partner and Alban Nénert, Investment Director at Innovacom.

Secteur lié

Software & Platforms

For more than 20 years, PAX Corporate Finance has been the leading investment bank in the world of software and platforms. Our DNA is based on supporting innovative and fast-growing companies in their financial operations.
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