That’s also why they turn to Agicap to centralize cash-related data and forecast future cash positions. The Lyon-based startup just raised a Series C funding round of €45 million (around $48 million at current exchange rates) from a single investor, AVP, the VC firm previously known as Axa Venture Partners.

The fintech startup previously raised $100 million, back in 2021, right in the middle of the digital funding frenzy around the pandemic. At the time, the company reached a valuation of €415 million (or around $450 million at current exchange rates). The value of the business has since inflated “substantially”, per Agicap, though it isn’t disclosing by how much.