Exor
Canvas Category Consultancy : Company : Private Equity
We are a holding company with a culture that combines entrepreneurial spirit and financial discipline. Our purpose is to build great companies, while providing opportunities for our people to grow, make a positive contribution to society and deliver superior returns to our investors. Great companies perform to the highest standards, seek renewal and change, are distinctive in what they do and act in a responsible way.
Assembly Line
Inbolt bags €15M to sharpen industrial robots’ intelligence
In a world where automation is key to staying competitive, one startup is helping manufacturers overcome long-standing barriers. Inbolt, a Paris-based pioneer in real-time robot guidance solutions, has secured €15M in a Series A funding round led by Exor Ventures, to develop AI-powered vision for industrial robots. This funding will drive Inbolt’s mission to revolutionise factory automation through cutting-edge AI-powered software that gives robotic arms the ability to adapt in real-time to their surroundings.
The latest funding round, led by Exor Ventures, the early-stage investment arm of Exor N.V., will accelerate Inbolt’s research and development efforts, helping the company expand its operations in the US and Japan. Existing investors such as MIG Capital (Germany), SOSV (US), BNP Paribas Développement, and Bpifrance also participated in the round, bringing the total amount raised to €20M. Notably, Exor Ventures is the largest shareholder in companies like Ferrari and Stellantis, linking Inbolt to a broader network of industrial giants.
DustPhotonics Raises $24M in Series B Follow-on Round
DustPhotonics, a leading developer of silicon photonics technology for data center and AI applications, announced the completion of its Series B follow-on funding round, an oversubscribed round of $24M. The round was funded by a combination of prominent investors, including new and existing investors such as Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures.
The funds will be used to allow DustPhotonics to scale production of its industry leading Carmel-4 and Carmel-8 products, used for 400Gb/s and 800Gb/s applications and to accelerate development of its next generation products which will enable 1.6Tb/s applications.
European high-tech shooting star Neura Robotics raises $55 million
Neura Robotics GmbH, an emerging AI and robotics startup, announced today the closing of a $55 million funding round, led by European investors Lingotto (an investment management company owned by Exor N.V.), Vsquared Ventures, Primepulse and HV Capital.
The $55 million capital increase secures the expansion of the versatile high-tech company towards the US and Japan and helps to expand the production infrastructure in Germany to meet the exponential demand of the order book, which today exceeds $450 million.
Leeds-based photonic chip company Optalysys raises £21 million to unlock its Fully Homomorphic Encryption process
Photonic chip maker Optalysys has raised a £21 million Series A funding which will see it ‘advance its Enable photonic computing technology to unlock a new form of secure processing known as Fully Homomorphic Encryption (FHE)’.
Backing the company is the Agnelli family through Lingotto which is owned by Exor – the Agnelli family holding company. The round was led by Lingotto, imec.xpand, and Northern Gritstone.
FHE, a form of quantum-secure cryptography, doesn’t require the data to be decrypted before it can be processed, allowing confidential or sensitive data to be sent along untrusted networks, or to be worked on by multiple parties without ever exposing the data itself.
🫧 Accelerating Carbon Removal with our $100m Series B
Our new funding was led by General Catalyst. The firm is deeply committed to investing in ‘responsible innovation’ companies that can deliver outsized financial and societal returns. General Catalyst’s CEO and Managing Director Hemant Taneja will join our board alongside Ryan Panchadsaram from John Doerr’s office (also, authors of Speed and Scale). We’re proud that Lowercarbon, Exor Ventures, Kinnevik, Thrive Capital and Elad Gil also invested as part of the round.
We’ll be using the new funding to accelerate our carbon removal deliveries. After deploying increasingly advanced pilot processes in 2021 and 2022, we began ramping up in 2023. Our primary focus is expanding bio-oil production and transport capacity, and since the beginning of the year we’ve increased tons of carbon removal delivered per week 5x.