Client:

Snips

Torch Partners advised Snips on its recent $13m Series A equity investment from MAIF Avenir, Bpifrance and Korelya Capital with participation from existing investor Eniac Ventures.

Based in Paris with offices in New York, Snips is the global AI startup behind the world’s first Private-by-Design voice platform that allows connected device makers for the home, car and elsewhere to put voice interaction into their products while protecting user privacy.

Torch Partners acted as exclusive financial adviser to Snips. 

This transaction underlines Torch’s experience in advising leading technology companies on raising capital from both strategic and financial investors around the world and demonstrates Torch’s track record in disruptive tech sectors such as Artificial Intelligence.

URL: 

http://www.snips.ai

Investor:

MAIF Avenir, Bpifrance, Korelya Capital, Eniac Ventures

Sector

Enterprise Software / SaaS

Product

Financings

$13,000,000
Equity Fund Raising
June 2017