Invivox Strengthens its Ties with Bpifrance

July 4, 2016

Bpifrance is supporting Invivox’s development and growth by granting a EUR 300,000 Prêt d’Amorçage Investissement (investment launch loan), to complement the Bordeaux startup’s successful raising of funds

Invivox, an Outstanding Destiny

Created in 2015, Invivox is the first worldwide e-platform that connects specialist doctors for on-site training. Based in Bordeaux, a beacon of e-health excellence in France, Invivox is on the verge of boosting its growth in the next few months, notably via the EUR 300,000 investment launch loan just granted by Bpifrance.

Invivox has been quick to trace an outstanding destiny for itself. Just months after its launch, Invivox was named one of the ten most innovative French startups at the competition helmed by France Digitale and French public investment bank, Bpifrance ; late 2015, it was chosen to integrate “Le Village by CA,” a startup accelerator.

Last March, Invivox sealed a EUR 1.2 million gathering of funds from several investors, including ISAI, before receiving a EUR 60,000 interest-free loan from Aquitaine Amorçage in May.

 

Invivox Accelerates its Roll-Out Supported by BPI

Today, Bpifrance is renewing its trust in the Invivox project, supporting it through a EUR 300,000 investment launch loan to reinforce the company’s financial structure, following its previous fundraising effort. This new mark of support follows on from Bpifrance’s initial EUR 35,000 grant to Invivox, in 2015, via the French Tech grant.

This new funding complements our raising of capital and reinforces our cash position at a pivotal stage in our growth. It will enable us to invest in Invivox’s commercial launch, to bolster our Bordeaux teams and to develop our strategy for the American market,” explains Fabrice Paublant, Invivox’s Financial Director.

The platform, whose beta version is already accessible, will soon be proposing a version boasting new features as of next autumn.

 

About Invivox

Invivox is a worldwide medical platform that connects medical experts and practitioners in view of offering on-site (in the operating room), one-to-one practical training sessions alongside experts.

Since the summer of 2015, Invivox has been supported by Technopole Bordeaux Unitec, under the umbrella of the Pessac business incubator. Invivox therefore benefits from the remarkable health ecosystem for which the Aquitaine region is famed.

 

About Bpifrance

Bpifrance, a state subsidiary of the French Caisse des Dépôts, and a trustworthy partner of entrepreneurs, supports companies from their launch to their stock exchange listing, with credit, collateral, and equity capital.
Bpifrance also offers coaching and enhanced support for innovation, external expansion and exportation, in partnership with Business France and Coface.

Bpifrance provides companies with financial continuum at each key stage of their development, boosted by an offer that is tailored to regional specificities.
With 42 regional operations (90% of decisions are made regionally), Bpifrance constitutes a competitive tool at the service of entrepreneurs. Bpifrance supports national and regional public policies to meet three objectives: (i) supporting company growth;
 (ii) preparing for tomorrow’s competitiveness;
 (iii) participating in developing an ecosystem that is favorable to entrepreneurship.

With Bpifrance, companies benefit from an efficient, responsive, and powerful partner in order to meet all of their financing, innovation, and investment needs.

More information on: www.bpifrance.fr – Follow us on Twitter: @bpifrance

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