XAnge

𝐑𝐞𝐢𝐦𝐛𝐮𝐫𝐬𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐞 — 𝐧𝐨𝐭 𝐭𝐡𝐞𝐨𝐫𝐲. On Tuesday night, we gathered 20+ health-tech founders in Paris for an intimate dinner on one of the trickiest challenges in the space: 𝒏𝒂𝒗𝒊𝒈𝒂𝒕𝒊𝒏𝒈 𝒉𝒆𝒂𝒍𝒕𝒉𝒄𝒂𝒓𝒆 𝒓𝒆𝒊𝒎𝒃𝒖𝒓𝒔𝒆𝒎𝒆𝒏𝒕���. The evening was co-hosted by Mutuelles Impact and XAnge, with our partners Nadja Bresous Mehigan (Partner Impact), Guillaume Meulle & Nicolas Rose (Managing Partners). It featured a conversation between Arnaud Rosier, Founder & CEO of Implicity, and Guillaume, diving into what it really takes to build and scale a healthtech company in a regulated environment. Drawing from his experience building Implicity, Arnaud offered a look into his experience, from early challenges to breakthrough moments. 𝘛𝘩𝘢𝘯𝘬 𝘺𝘰𝘶 𝘵𝘰 𝘦𝘷𝘦𝘳𝘺𝘰𝘯𝘦 𝘸𝘩𝘰 𝘫𝘰𝘪𝘯𝘦𝘥!

𝐎𝐧 𝐭𝐡𝐞 𝐇𝐑 𝐌𝐞𝐧𝐮: 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐑𝐮𝐥𝐞𝐬 𝐨𝐟 𝐂𝐨𝐦𝐩𝐞𝐧𝐬𝐚𝐭𝐢𝐨𝐧 Last Thursday, we had the pleasure of hosting a private lunch in Paris with a group of Chief People Officers and Heads of HR, diving into one of today’s most complex and evolving topics: 𝐜𝐨𝐦𝐩𝐞𝐧𝐬𝐚𝐭𝐢𝐨𝐧. Co-hosted by Joomy - Expert en recrutement RH, Lucca, and XAnge, the event offered space for honest dialogue, peer exchange, and fresh thinking around compensation strategies in a shifting talent market. On the menu: 🔍 Insights from Lucca on evolving on HR tech trends 📊 A preview of Joomy - Expert en recrutement RH’s 2025 compensation benchmark, with a deep dive into Sales, Data, and HR roles with Yotta - Expert en recrutement Data, AI & Product 🎤 A panel conversation featuring Candice Bell (Compensation & Benefits Specialist  at Lucca) on how to implement compensation strategies at scale in high-growth environments 𝘈𝘵 𝘟𝘈𝘯𝘨𝘦, 𝘸𝘦 𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘵𝘩𝘢𝘵 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘵𝘩𝘦 𝘵𝘰𝘰𝘭𝘴 𝘢𝘯𝘥 𝘵𝘳𝘦𝘯𝘥𝘴 𝘴𝘩𝘢𝘱𝘪𝘯𝘨 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦 𝘩𝘦𝘭𝘱𝘴 𝘭𝘦𝘢𝘥𝘦𝘳𝘴 𝘮𝘢𝘬𝘦 𝘣𝘦𝘵𝘵𝘦𝘳 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴 𝘵𝘰𝘥𝘢𝘺. Thank you to Candice Bell, Marvin Brigthon, Arthur Floquet, Jérémy Gautret, and Issam Lahouasnia for your support & contributions. 𝘎𝘳𝘢𝘵𝘦𝘧𝘶𝘭 𝘵𝘰 𝘢𝘭𝘭 𝘸𝘩𝘰 𝘫𝘰𝘪𝘯𝘦𝘥, 𝘶𝘯𝘵𝘪𝘭 𝘯𝘦𝘹𝘵 𝘵𝘪𝘮𝘦. #Compensation #HRLeadership #PeopleOps #XAngeEvents #HRBenchmark

🥐𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐎𝐯𝐞𝐫 𝐕𝐢𝐞𝐧𝐧𝐨𝐢𝐬𝐞𝐫𝐢𝐞𝐬 This week, we teamed up with the Crane Venture Partners team for a breakfast on the XAnge rooftop in Paris. 30 people from across the VC ecosystem, kicking off a very hot summer day with coffee, croissants, and great conversations. Major thanks to Anna Cachadina Abello, Julie Forel, Ayala Ples & Morgane Zerath for bringing both logistics and good vibes. 𝘎𝘳𝘢𝘵𝘦𝘧𝘶𝘭 𝘵𝘰 𝘢𝘭𝘭 𝘸𝘩𝘰 𝘫𝘰𝘪𝘯𝘦𝘥 (𝘢𝘯𝘥 𝘣𝘳𝘢𝘷𝘦𝘥 𝘵𝘩𝘦 𝘩𝘦𝘢𝘵), 𝘶𝘯𝘵𝘪𝘭 𝘯𝘦𝘹𝘵 𝘵𝘪𝘮𝘦.

 𝐃𝐞𝐛𝐭 𝐢𝐬𝐧’𝐭 𝐚 𝐥𝐚𝐬𝐭 𝐫𝐞𝐬𝐨𝐫𝐭 — 𝐢𝐭’𝐬 𝐚 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲. Non-dilutive financing is playing a growing role in how startups scale. But with persistent misconceptions, we wanted to offer founders and CFOs a clear, straightforward conversation on what debt can really do for a business. Tuesday morning, we hosted a breakfast session at Clipperton’s office with: ▪️Guillaume Nordlinger, Principal ‒ Portfolio & Transactions at Partech, & Pauline Paquet, Director of Operations at XAnge, who opened with a VC perspective on how debt fits into a startup’s growth path ▪️Fabrice Marsella, Director at La Banque des Startups by LCL, who laid out how banks are supporting startups ▪️Laurence de Rosamel, Partner at Clipperton who offered a deep dive into ARR-based financing and its relevance in today’s market ▪️Cyril Fessard, CFO of Wandercraft, who shared concrete lessons from his own experience with debt At XAnge, we believe that managing debt is as important as managing the company’s equity story, to successfully support its trajectory. Grateful to all who joined, and a big thank you to our co-host and partners, Partech, Clipperton & La Banque des Startups by LCL, for making this conversation possible. #startups #CFO #founders #debt #nonDilutiveFunding #scaling #venturedebt #VC

🐸 As the story goes: Put a frog in boiling water - it jumps. Put it in warm water and heat it slowly - it stays until it’s too late. That’s exactly where we are with the climate crisis. Today at HLTH Europe in Amsterdam I had the opportunity to discuss what this means for our health, together with Otto Birnbaum and Karen Piontek on a powerful panel. What we’re seeing already: → More heat-related illnesses → New infectious disease patterns → Mental health challenges driven by climate anxiety → Water scarcity - even in places we didn’t expect 📚 Perfect timing that I had seen Dr. Helena Ponstein delivering a brilliant keynote at Founders Kite Club just a few days before. A few key takeaways: 🌡️ 2024 was the hottest year ever, at 1.55°C above pre-industrial levels 🕒 We’re already 10 years ahead of the worst-case climate projections 🌍 Northern Europe is shifting to a Southern European climate in under a century 🌊 Sea levels will rise by at least 50 cm, whether or not we hit climate targets The climate crisis is not a future scenario. It’s here. And it’s reshaping how we live, work, and stay healthy. Shoutout to Lina Behrens & HLTH Europe for the awesome location and the love you could see in every little detail. I can highly recommend to visit next year if you missed it! Thx for the support and XAnge and Sebastian Heitmann 🙏🙏🙏 #ClimateHealth #HLTH2025 #FutureOfHealth #ClimateAdaptation #NetZero #ClimateAction #Impact

𝐓𝐰𝐨 𝐧𝐢𝐠𝐡𝐭𝐬, 𝐭𝐰𝐨 𝐩𝐚𝐜𝐤𝐞𝐝 𝐫𝐨𝐨𝐦𝐬, 𝐨𝐧𝐞 𝐜𝐥𝐞𝐚𝐫 𝐭𝐡𝐞𝐦𝐞: 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐠𝐨 𝐟𝐮𝐫𝐭𝐡𝐞𝐫. Last week, during Viva Technology, we hosted not one but two side events designed to spark real conversations and forge meaningful connections among Europe’s most ambitious founders. 🌍𝘚𝘤𝘢𝘭𝘪𝘯𝘨 𝘌𝘶𝘳𝘰𝘱𝘦 — 𝘍𝘰𝘶𝘯𝘥𝘦𝘳𝘴, 𝘊𝘢𝘱𝘪𝘵𝘢𝘭, 𝘢𝘯𝘥 𝘔𝘰𝘮𝘦𝘯𝘵𝘶𝘮  Just steps from our Paris office, we co-hosted a vibrant cocktail dinner with Notion Capital, Lakestar & Chausson Partners. Nearly 200 guests joined us, from rising founders to leading European VCs, filling the room with sharp ideas and great energy. It was a powerful snapshot of Europe’s scaling ambition in action. With co-hosts Claire Walker, Itxaso del Palacio, PhD and Thomas Diehl (Notion Capital), Odin Hoffmann and Sri Ayangar (Lakestar) & Laurence Hémery (Chausson Partners). 🗽𝘜.𝘚. 𝘌𝘹𝘱𝘢𝘯𝘴𝘪𝘰𝘯 𝘋𝘪𝘯𝘯𝘦𝘳 (𝘗𝘢𝘳𝘪𝘴 𝘌𝘥𝘪𝘵𝘪𝘰𝘯) After a successful first edition in Berlin, our U.S. Expansion Dinner series landed in Paris. We gathered a curated group of founders for an intimate, insight-rich discussion on what it really takes to scale into the U.S. market. Proudly supported by Amazon Web Services (AWS) and Zendesk for Startups, who share our commitment to helping European startups grow globally. Shoutout to Cécile Bulle (AWS) & Hannes Awe-Ortmeier (Zendesk for Startups). 𝘎𝘳𝘢𝘵𝘦𝘧𝘶𝘭 𝘵𝘰 𝘢𝘭𝘭 𝘸𝘩𝘰 𝘫𝘰𝘪𝘯𝘦𝘥, 𝘶𝘯𝘵𝘪𝘭 𝘯𝘦𝘹𝘵 𝘵𝘪𝘮𝘦.

🚨 Animaj, the GenAI-powered media company reinventing children’s content has raised $85M! 👏 Congratulations to Sixte de Vauplane, Gregory Dray, and the entire Animaj team on this milestone. At XAnge, we’re proud to back Animaj once again in this round, led by HarbourView Equity Partners and Bpifrance, with participation from Left Lane Capital, Marquee Ventures, daphni, J.P. Morgan and Bootstrap Europe. Founded in 2022, Animaj is building a new kind of global media company, acquiring promising kids’ IP and using generative AI to supercharge production across formats like series, music, games, and more. This round will fuel: ▪️ Further investment in AI tools ▪️ U.S.-led international expansion ▪️ New strategic IP acquisitions “𝑾𝒆’𝒓𝒆 𝒃𝒖𝒊𝒍𝒅𝒊𝒏𝒈 𝒔𝒐𝒎𝒆𝒕𝒉𝒊𝒏𝒈 𝒕𝒉𝒂𝒕’𝒔 𝒏𝒆𝒗𝒆𝒓 𝒆𝒙𝒊𝒔𝒕𝒆𝒅 𝒃𝒆𝒇𝒐𝒓𝒆. 𝑨𝒏𝒊𝒎𝒂𝒋 𝒊𝒔 𝒂 𝒏𝒆𝒘 𝒌𝒊𝒏𝒅 𝒐𝒇 𝒎𝒆𝒅𝒊𝒂 𝒄𝒐𝒎𝒑𝒂𝒏𝒚: 𝒅𝒂𝒕𝒂-𝒅𝒓𝒊𝒗𝒆𝒏, 𝑨𝑰-𝒑𝒐𝒘𝒆𝒓𝒆𝒅, 𝒅𝒊𝒈𝒊𝒕𝒂𝒍-𝒇𝒊𝒓𝒔𝒕 𝒃𝒖𝒕 𝒎𝒖𝒍𝒕𝒊𝒑𝒍𝒂𝒕𝒇𝒐𝒓𝒎 𝒃𝒚 𝒅𝒆𝒔𝒊𝒈𝒏 ” says Sixte de Vauplane, Animaj’s co-founder and CEO. A company supported by Guillaume Meulle, Managing Partner at XAnge.

🌡️ Hot cities, rising stakes 𝑪𝒂𝒏 𝑬𝒖𝒓𝒐𝒑𝒆’𝒔 𝒖𝒓𝒃𝒂𝒏 𝒄𝒆𝒏𝒕𝒆𝒓𝒔 𝒉𝒂𝒏𝒅𝒍𝒆 𝒕𝒉𝒆 𝒈𝒓𝒐𝒘𝒊𝒏𝒈 𝒉𝒆𝒂𝒍𝒕𝒉 𝒕𝒉𝒓𝒆𝒂𝒕𝒔 𝒐𝒇 𝒄𝒍𝒊𝒎𝒂𝒕𝒆 𝒄𝒉𝒂𝒏𝒈𝒆? Join Valerie B., Partner and Head of DACH at XAnge, and Otto Birnbaum (Revent) as they take the stage at HLTH Europe this week in Amsterdam, in a session moderated by Karen Piontek (Flying Health). 🗓️ June, 19th 🕤 9:30 AM – 10:10 AM CEST 📍 Boat House stage As Europe faces deadlier heatwaves, this panel explores how cities can ease pressure on healthcare systems and build climate resilience. Valerie B. joins leading voices to rethink how we design, govern, and protect our most vulnerable communities. We at XAnge, believe 𝒄𝒍𝒊𝒎𝒂𝒕𝒆 𝒓𝒆𝒔𝒊𝒍𝒊𝒆𝒏𝒄𝒆 𝒃𝒆𝒈𝒊𝒏𝒔 𝒏𝒐𝒘.

At INSEAD’s 21st Annual PE/VC Conference, Managing Partner at XAnge, Cyril Bertrand joined Yoann Caujolle (Rockby) and Thomas Schneider (Isomer Capital) for a panel on “𝐄𝐱𝐢𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲, 𝐒𝐞𝐜𝐨𝐧𝐝𝐚𝐫𝐢𝐞𝐬”. The conversation brought together leading perspectives from venture, buyout, and institutional capital at a moment when the traditional paths to liquidity are under pressure. With IPOs on hold and M&A only beginning to rebound, secondaries are stepping in. No longer just a fallback, they’re now a strategic way to manage older funds, unlock liquidity, and stay flexible as pricing stays volatile and timelines stretch. #INSEAD #PEVC2025 #Secondaries #Liquidity #VentureCapital #PrivateMarkets #Exits #XAnge

🚨 Knowunity, the world’s fastest-growing AI-powered learning platform for students, has raised a €27M Series B round! Congrats to Benedict Kurz, Lucas Hild, Yannik Prigl & Gregor Weber and the Knowunity team on this milestone. At XAnge, we are proud to be part of this round, with participation from new and existing investors including PortfoLion Capital Partners, Isomer Capital, Project A, Educapital and redalpine. Founded in 2020, Knowunity is on a mission to make high-quality, personalized education accessible to every student worldwide. This round will accelerate: ▪️ International expansion, with a focus on entering key markets in Asia and the U.S. ▪️ Further development of Knowunity’s AI-powered learning companion, designed to deliver personalized study plans, quizzes, exam preparation, and more to students around the world 💬 “𝘛𝘩𝘦 𝘢𝘱𝘱 𝘪𝘴 𝘳𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘪𝘻𝘪𝘯𝘨 𝘵𝘩𝘦 𝘦𝘯𝘵𝘪𝘳𝘦 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯 𝘴𝘺𝘴𝘵𝘦𝘮 𝘢𝘯𝘥 𝘸𝘪𝘭𝘭, 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦, 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘦𝘷𝘦𝘳𝘺 𝘴𝘵𝘶𝘥𝘦𝘯𝘵 𝘸𝘪𝘵𝘩 𝘢 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘈𝘐-𝘣𝘢𝘴𝘦𝘥 𝘭𝘦𝘢𝘳𝘯𝘪𝘯𝘨 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘰𝘯 𝘵𝘩𝘢𝘵 𝘦𝘹𝘱𝘭𝘢𝘪𝘯𝘴 𝘢𝘭𝘭 𝘵𝘰𝘱𝘪𝘤𝘴 𝘵𝘰 𝘵𝘩𝘦𝘮 𝘢𝘯𝘥 𝘱𝘳𝘦𝘱𝘢𝘳𝘦𝘴 𝘵𝘩𝘦𝘮 𝘧𝘰𝘳 𝘵𝘩𝘦𝘪𝘳 𝘦𝘹𝘢𝘮𝘴”, says Valerie B., Partner and Head of DACH, who is driving the journey at XAnge alongside Jennifer Bemert, Senior Associate.