Hi Inov - Dentressangle
Hi Inov - Dentressangle is a European B2B venture capital firm founded in 2012, backed by the Dentressangle family investment holding. It invests from Seed to Series B in high-growth startups focused on digital deep-tech innovations that transform services and industry, managing over €320 million in assets.
Hi Inov - Dentressangle is a Paris venture capital firm with €320M AUM, 26 active companies and 12 exits.
- ·11 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 11 realized deals: 4 years.
- ·Top sector focus: SaaS (42% of portfolio).
- ·Fund cadence: ~6Y between vintages · last raise 2023.
Sector breakdown
38 companiesGeography breakdown
5 geographiesKey facts
Recent exits
Hi Inov - Dentressangle sold Kaiko Systems to UniSea in 2026 after 1 year.
Hi Inov - Dentressangle sold Fabriq to Deepki in 2026 after 4 years.
Hi Inov - Dentressangle sold Deepomatic to IQGeo in 2025 after 6 years.
Hi Inov - Dentressangle sold InterCloud to BSO in 2025 after 3 years.
Coverage notes
3 funds tracked, 38 portfolio companies (26 active · 12 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Hi Inov - Dentressangle has raised, with its portfolio companies. Hand-checked from public filings.
Hi Inov 3VC2023€130M15 assets1 exitsVC2023 · 3yr€130M151
Unrealized
15 held| Company | Entry |
|---|---|
| Acodis AI/ML · Switzerland | 2023 |
| Actionable Software · France | 2026 |
| Anozr Way Cybersecurity · France | 2024 |
| Awork SaaS · Germany | 2023 |
| Covalo Software · Switzerland | 2026 |
| Dipeeo SaaS · France | 2024 |
| Glopal E-commerce · France | 2023 |
| Groupe Globe Consumer · France | 2023 |
| Joko Fintech · France | – |
| Kenjo SaaS · Germany | 2023 |
| MyC Doctor SaaS · France | 2026 |
| Partnify SaaS · Netherlands | 2025 |
| Rencore SaaS · Germany | 2025 |
| Trace For Good SaaS · France | 2024 |
| Xelera Deep Tech · Germany | 2025 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Kaiko Systems SaaS · Germany | 2025 | 2026 | Trade Sale | UniSea | – |
Hi Inov Fund IIVC2017€75M8 assets9 exitsVC2017 · 9yr€75M89
Unrealized
8 held| Company | Entry |
|---|---|
| 360Learning SaaS · France | 2021 |
| Agorapulse SaaS · France | 2019 |
| C4T SaaS · Belgium | 2021 |
| Deepki PropTech · France | 2017 |
| Luzmo Data & Analytics · Belgium | 2020 |
| Ninox SaaS · Germany | 2022 |
| Platform.sh Cloud Infrastructure · France | 2021 |
| SkillUp SaaS · France | 2022 |
Realized
9 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Deep Opinion Business Services · France | 2022 | 2022 | Secondary | LFPI | – |
| Deepomatic AI/ML · France | 2019 | 2025 | Trade Sale | IQGeo | – |
| Ermeo SaaS · France | 2018 | 2021 | Trade Sale | Causeway Technologies | – |
| Fabriq SaaS · France | 2022 | 2026 | Trade Sale | Deepki | – |
| ForePaaS Cloud Infrastructure · France | 2017 | 2022 | Trade Sale | OVHcloud | – |
| InterCloud Telecom · France | 2022 | 2025 | Trade Sale | BSO | – |
| Per Angusta SaaS · France | 2020 | 2022 | Trade Sale | SpendHQ | – |
| Prevision.io AI/ML · France | 2020 | 2022 | Trade Sale | Density | – |
| Zelros AI/ML · France | 2018 | 2025 | Trade Sale | Earnix | – |
Hi Inov 1HarvestingVC2012€40M3 assets2 exitsVC2012 · 14yr€40M32
Unrealized
3 held| Company | Entry |
|---|---|
| Commanders Act AdTech · France | 2014 |
| Famoco TMT · France | 2015 |
| Geolid AdTech · France | 2012 |
About Hi Inov - Dentressangle
Hi Inov - Dentressangle is a European B2B venture capital firm with €320 million of assets under management, founded in 2012 and backed by the Dentressangle family investment holding. Headquartered in Paris, the firm invests from Seed to Series B stages in high-growth startups focused on digital deep-tech innovations transforming traditional B2B sectors across European markets.
Investment thesis
Hi Inov - Dentressangle targets European B2B technology startups at Seed and Series A-B stages, with selective follow-on commitments. Sector focus spans enterprise software, industrial technology, B2B SaaS and digital deep tech innovations applied to traditional industries. Equity ticket sizes typically range from €500 thousand seed positions through to €8 million Series A-B follow-on investments. The Dentressangle family backing provides patient capital alongside operational expertise from the family's industrial logistics heritage.
Recent activity
Recent realised exits include Fabriq (software, 2026) and ForePaaS (software, 2022), reflecting selective distribution across the B2B technology portfolio. The platform tracks 2 funds, 9 active portfolio companies and 2 realised exits across the multi-vintage European B2B VC programme.
Frequently asked questions
- What investment strategy does Hi Inov - Dentressangle focus on?
- Hi Inov - Dentressangle focuses on VC, Growth strategies in the private equity space.
- How many portfolio companies does Hi Inov - Dentressangle have?
- Hi Inov - Dentressangle has 26 active portfolio companies and 12 completed exits and 3 funds tracked on GP Intel.
- Where is Hi Inov - Dentressangle headquartered?
- Hi Inov - Dentressangle is headquartered in Paris, France.
- What is Hi Inov - Dentressangle's assets under management?
- Hi Inov - Dentressangle manages approximately €320M in assets under management.
- What sectors does Hi Inov - Dentressangle invest in?
- Hi Inov - Dentressangle invests across Software, Business Services, Industrials.
- What are Hi Inov - Dentressangle's recent exits?
- Recent realized exits by Hi Inov - Dentressangle include: Kaiko Systems (2026) to UniSea; Fabriq (2026) to Deepki; Deepomatic (2025) to IQGeo; InterCloud (2025) to BSO; Zelros (2025) to Earnix; Hiflow (2023) to Credit Agricole Consumer Finance; Deep Opinion (2022) to LFPI; ForePaaS (2022) to OVHcloud.
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