Avolta is proud to announce its role as sole advisor to Meanings Capital Partners on its majority investment in Instant System

This strategic transaction supports Instant System’s next phase of growth, a leading provider of Mobility as a Service (MaaS) platforms enabling cities and regions to deliver seamless, integrated, and sustainable mobility experiences.nt and innovation.


About Meanings Capital Partners.

Meanings Capital Partners is a leading private investment platform specializing in the lower mid-cap segment, across Private Equity, Infrastructure, and Real Estate. Meanings supports management teams in transforming and financing the growth of French and European companies, enabling them to become leaders in their respective markets.

About Instant System.

Instant System is a French company specializing in digital solutions for mobility and public transport. As a key player in Mobility as a Service (MaaS), it develops platforms that integrate multiple transport modes into a single application, enhancing passenger information and access to mobility services. Its solutions support public authorities in France and internationally in delivering more seamless, sustainable, and connected mobility.

About Avolta

Avolta is a leading European tech investment bank with deep expertise in software transactions. Advising Meanings Capital Partners on its majority investment in Instant System marks another landmark in the software industry. The bank has recently advised:

The agency 24h00 accompanies brands in their Social Media Marketing strategy – strategic planning, fan page creation, F-stores, applications, Facebook-ads campaign management, site socialization, etc. The 24h00 agency also supports the brands in their strategy of recruiting qualified prospects – emails and fans – and clients. Design of lead generation mechanisms (Studio creates, game development, applications, etc.) that we then distribute via our emailing network and our network of partners representing more than 50 million email addresses.

Avolta has acted as exclusive financial advisor to Heliup, a leading French deeptech industrializing ultra-lightweight photovoltaic panels for large-scale rooftop solarization, on its €16 million fundraising round.


The round was led by Supernova Invest, alongside the entry of new investors (MAIF Impact, Lita Gestion, and C2AD) and the continued support of historical shareholders Starquest Capital and BNP Paribas Développement. This transaction marks a decisive milestone in Heliup’s European industrial scaling and commercial expansion.


Heliup.
 

Based in Le Bourget-du-Lac (Savoie), Heliup is a CEA spin-off developing and manufacturing ultra-lightweight photovoltaic panels specifically designed for large rooftops with limited load-bearing capacity, a vast, structurally underserved segment of the European building stock. Its proprietary architecture, combining state-of-the-art silicon cells with a purpose-built lightweight encapsulation technology, enables rapid solar deployment without structural reinforcement, significantly reducing installation costs, timelines, and environmental impact. Heliup operates a 100 MWc production facility in Le Cheylas (Isère), operational since January 2025 and supported by the EU Innovation Fund (project SHEEFT). The company has been recognized as SolarPower Europe’s “Startup of the Year 2025” and received the EUPD Top Innovation Award 2025 in the Photovoltaic Modules category. Heliup is positioned at the intersection of Europe’s accelerating rooftop solar mandate, growing self-consumption demand, and industrial sovereignty agenda.

Transaction Rationale.

This new funding will enable Heliup to accelerate the scale-up of its French manufacturing base, expand commercial teams across Europe, and prepare the replication of its industrial model through additional production units, with a stated ambition of a 10x capacity increase from 2028. The entry of Supernova Invest, Europe’s leading deeptech investment platform managing approximately €800 million, brings significant sector expertise and industrial network. MAIF Impact and Lita Gestion reinforce the company’s impact-oriented investor base, while C2AD anchors continued regional support. The renewed commitment of Starquest Capital and BNP Paribas Développement confirms the strategic conviction behind Heliup’s technology and execution trajectory. The transaction positions Heliup as a key enabler of European energy sovereignty and building decarbonization, addressing a market where a significant share of logistics, industrial, and tertiary rooftops remain inaccessible to conventional photovoltaic solutions.

Avolta.

Avolta is a leading European tech investment bank with recognized expertise in software and Hard Tech transactions. Advising Heliup in its €16m fundraising sets another landmark for Avolta in the Deeptech space, confirming its leadership, having recently advised:

AI Verse: on its growth investment from Supernova Invest, Innovacom, Bpifrance & Créazur
U-Space: on its growth investment from Blast, BPI, Expansion Capital, and others
Lattice Medical: on its growth investment from BPI, Blast, EIC, and others
Space Cargo Unlimited: on its growth investment from Expansion, Eurazeo, EIC, and others
Water Horizon: on its growth investment from Eren & Banque des Territoires
TiHive: on its growth investment from Karista, Wind, and EIC
Hexana: on its growth investment from Blast, Eren, CEA, and Région Sud Invest
Aisprid: on its growth investment from Innovacom, BPI, Demeter, Go Capital, and Breizh’up
Vela: on its growth investment from Crédit Mutuel Impact, BPI, 11th Hour, and others

Avolta is proud to have acted as sole advisor to Poool on its sale to Darwin CX.

By combining Poool’s front-end expertise with Darwin CX’s back-end capabilities, the two companies will form a powerful single reader revenue platform, whether through subscriptions, donations, print and digital, built specifically to help media companies manage engagement, conversion, and retention of their audiences.

Together, this integration offers publishers a full subscription platform to manage all direct reader revenue, whether through subscriptions, donations, print, or digital, with total control over the reader experience at every stage.

About Poool.
Founded in 2016 in Bordeaux, France, helps 250+ media companies across 25+ countries grow reader revenues, including L’Équipe, Les Échos, ELLE, Le Parisien, Irish News, The Kyiv Independent, and Hello!/Hola. The platform gives media teams full autonomy over engagement, conversion, and retention, without needing developers. Poool is also the team behind Audiencers, the leading publication and community for digital publishing professionals.

About Darwin CX.
Founded in 2018 in Ontario, Canada, and has expanded its presence to the US, UK, and Germany, partnering with local operating experts to deliver tailored support. Providing next-generation subscription management and customer experience solutions for publishers, media companies, and membership organizations worldwide, Darwin CX leverages AI-driven insights and a highly flexible platform to help organizations engage audiences, optimize revenue, and scale with ease.


About Avolta.
Avolta is a leading European tech investment bank with deep expertise in software transactions. Advising Poool on its sale to Darwin CX marks another landmark in the software industry. The bank has recently advised:

Avolta is proud to have acted as sole advisor to IS Decisions on its sale to Aries Global. Backed by Aries Global, the company will accelerate its international expansion, product innovation, and strategic development initiatives.

The acquisition strengthens a core layer of Aries Global’s security capabilities, adding identity and access protection as a foundational control layer for modern enterprises. IS Decisions delivers rule-based, context-aware authentication and intelligent file auditing that strengthen Aries Global’s growing suite of secure, interoperable software.

As part of Aries Global, IS Decisions will have access to the Group’s advanced operating platform, and will accelerate its AI roadmap — including adaptive MFA and user behaviour analytics — while deepening on-premise dominance and Entra ID integration, and expand internationally by leveraging Aries Global’s scale and established channel ecosystem.

About IS Decisions.
Founded in 2000 and headquartered in Biarritz, France, IS Decisions is a global cybersecurity software provider specializing in managing and securing access to Windows and Active Directory environments. Its flagship solution enables organizations to monitor user behavior in real time, detect suspicious activity, and strengthen their cybersecurity posture across complex IT environments.

Trusted by more than 2,000 companies and public organizations in over 80 countries, IS Decisions helps protect critical infrastructures and sensitive data by delivering powerful, scalable, and easy-to-deploy security solutions tailored to regulated and high-risk industries.

About Aries Global.
Aries Global is the permanent home for product-led founders aiming to move beyond standalone software products and into enduring, AI-native platforms. Operating at the heart of the $50+ billion cloud ecosystem, Aries Global equips founder-led B2B companies with an AI-enabled operating platform, enterprise-grade growth capabilities, and marketplace reach. Headquartered in London, the Group operates across 14 countries, with a primary focus on North America and EMEA.

About Avolta.
Avolta is a leading European tech investment bank with deep expertise in software transactions. Advising IS Decisions on its sale to Aries Global marks another step in the cybersecurity software industry. The bank has recently advised:

Avolta is pleased to have acted as financial advisor to AI Verse on its strategic fundraising. This transaction supports AI Verse’s ambition to democratise access to high performance training data for artificial intelligence and to accelerate the deployment of its proprietary synthetic data generation technology across strategic and safety critical industries.

About AI Verse.

Founded in 2020 and headquartered in Biot, AI Verse is a deeptech company specialising in the generation of synthetic datasets optimised for training computer vision models. Its proprietary technology enables the procedural creation of highly realistic and fully annotated image datasets, with pixel level precision and full control over scenes, objects and conditions.

AI Verse addresses critical data challenges faced by AI teams in sectors such as autonomous systems, robotics, defence, smart cities and industrial inspection, where real world data is scarce, costly or impossible to collect. Built on more than four years of R&D, the platform combines procedural 3D scene generation with scalable image production, delivered in SaaS or on premise to meet strict confidentiality, performance and security requirements.

The company is led by Benoît Morisset, PhD in AI and robotics and former Stanford researcher and Apple alumnus, alongside Arnauld Lamorlette, a recognised figure in the 3D industry and former technical supervisor at DreamWorks. Their complementary expertise enables AI Verse to bridge advanced AI research with industrial grade 3D technologies.

Transaction rationale.

This funding round brings together a strong group of institutional and long term investors to support AI Verse’s next phase of growth. The round is led by Supernova Invest, via its funds Crédit Agricole Innovations et Territoires (CAIT) and Amundi Avenir Innovation 3 (AAI4), alongside Creazur, and with the continued support of historical investors Innovacom – Turenne Groupe and Bpifrance, through its Digital Venture fund.

The transaction enables AI Verse to reinforce its technical, product and commercial teams, accelerate the rollout of its platform, and structure its international expansion across defence, robotics, industrial inspection and emerging AI driven applications.

AI Verse’s technology provides a concrete and scalable response to the growing shortage of high quality training data for computer vision models, particularly in complex, sensitive or confidential environments. By enabling the simulation of scenarios that are difficult or impossible to capture in the real world, the platform improves model robustness, reliability and performance while reducing time to deployment.

The involvement of leading deeptech investors, including Carole Cazassus, Investment Director at Supernova Invest, Alban Nénert, Investment Director at Innovacom – Turenne Groupe, and Bruno Villeneuve, Investment Director at Bpifrance Digital Venture, validates AI Verse’s technological leadership and long term vision at the intersection of artificial intelligence, computer vision and advanced 3D simulation. This support reinforces AI Verse’s positioning as a strategic partner for AI teams operating in mission critical environments.

About Avolta.

Avolta is a leading European tech investment bank with deep expertise in software, AI and data intensive technologies. Advising AI Verse on this fundraising further strengthens Avolta’s position in advanced AI and computer vision, following its advisory role on Deepomatic’s sale to IQGeo.

Avolta is pleased to have acted as exclusive financial advisor to BEYABLE on its sale to SaleCycle, a global leader in ecommerce solutions. This transaction brings together two highly complementary platforms to create a European challenger to global martech platforms.

About BEYABLE

Founded in 2014 and headquartered in Paris, BEYABLE is a fast-growing technology company specialising in onsite personalisation and conversion optimisation. Its platform leverages real-time behavioural intent scoring to segment traffic dynamically and deliver personalised experiences across devices. BEYABLE is trusted by leading international brands such as FedEx, A.P.C., Saint-Gobain and Sisley, enabling them to maximise the value of every website visit.

Transaction rationale

With this acquisition, SaleCycle integrates BEYABLE’s real-time intent scoring and onsite personalisation capabilities into its full-funnel conversion platform. The combined offering brings together identity resolution, behavioural analysis, personalisation, testing and remarketing across channels including email, SMS, WhatsApp and RCS. This strategic combination addresses growing demand from ecommerce brands for a unified, real-time approach to identifying, understanding and converting visitors, while maximising return on marketing investment in an environment of rising acquisition costs.

The transaction enables BEYABLE to benefit from SaleCycle’s international footprint and long-standing enterprise relationships, accelerating its global expansion while continuing to deliver measurable ROI and agility to its customers. It also supports SaleCycle’s ambition to build a European-owned martech platform offering a trusted alternative to global marketing suites, combining advanced conversion capabilities with strong European data governance.

About Avolta

Avolta is a leading European tech investment bank with deep expertise in software transactions. Advising BEYABLE on its sale to SaleCycle marks another landmark for Avolta in the software space, reinforcing its leadership. The firm has recently advised:

Avolta is proud to announce that it has advised Linkurious, a French leader in graph intelligence technology, on its sale to Nuix Limited (ASX: NXL), a global leader in investigative analytics and intelligence software. This strategic acquisition enhances Nuix’s capabilities in delivering advanced data analysis solutions to its clients worldwide.

Through this strategic transaction, Nuix enhances its ability to deliver cutting-edge data analysis solutions to clients worldwide, extending its leadership in fraud detection, risk mitigation, and complex network analysis. Linkurious’ proven technology—used by Tier-1 organizations to uncover hidden relationships and detect sophisticated criminal or financial schemes—will enable Nuix to offer unparalleled investigative insights across financial services, government, and enterprise customers.

The Linkurious management team, led by CEO and Co-founder Sébastien Heymann, will continue in their current roles post-acquisition, ensuring continuity in product innovation and technological excellence


Linkurious.

Founded in 2013 and headquartered in Montreuil, France, Linkurious is a premier graph-powered AI decision platform enabling automated and advanced data analysis for investigation teams. Its technology allows organizations to visualize complex networks, detect fraud patterns, and reveal hidden relationships within vast and diverse datasets.

Linkurious serves major customers across financial services, government agencies, and large enterprises, supporting use cases such as anti-money laundering (AML), fraud detection, cybersecurity, and regulatory compliance. The company employs more than 45 professionals and has established a robust global customer base.

Nuix.

Nuix Limited (ASX: NXL) is a global leader in investigative analytics and intelligence software. Its solutions empower customers to collect, process, and review large volumes of structured and unstructured data, making it searchable and actionable at scale and speed with forensic accuracy.

The acquisition of Linkurious aligns with Nuix’s strategy to expand its technological capabilities and deliver even more powerful analytical and investigative tools.

Avolta.


Advising Elevo in this sale sets another landmark for Avolta in the AI Software space, confirming our leadership, having recently advised:

Avolta has acted as exclusive financial advisor to Water Horizon, a leading French innovator in industrial waste heat recovery, on its €18 million fundraising round.


The round was completed with the continued support of its historical shareholders — Banque des Territoires (on behalf of the French State within the France 2030 program) and Delmas Investissement et Participation — alongside the entry of a new strategic investor, Groupe EREN. This transaction marks a major milestone in Water Horizon’s industrial scaling and international development ambitions.


Water Horizon.
 

Based in Toulouse, Water Horizon is a pioneer in the valorization of industrial waste heat for the production of low-carbon cooling. Through its innovative “Cooling As A Service” (CaaS) model, the company supplies on-demand cooling to industrial and tertiary clients by recovering locally available waste heat. Its proprietary technology drastically reduces both energy costs and carbon footprint, offering a sustainable alternative to conventional, electricity-intensive cooling systems using high-GWP refrigerants. Water Horizon is positioned at the heart of the fast-growing European cooling market, expected to exceed 800 TWh annually by 2050.

Transaction Rationale.

This new funding will enable Water Horizon to accelerate large-scale deployment of its solutions across Europe and internationally, strengthen industrialization, and leverage high-value operational synergies — notably through the Africa Power Services platform operated by Delmas Investissement et Participation. The entry of Groupe EREN brings strong international expertise in renewable energy and infrastructure, significantly reinforcing Water Horizon’s global growth strategy. Continued support from Banque des Territoires confirms the strategic importance of the company’s solutions for the energy transition of territories and industries.

Avolta.

Avolta is a leading European tech investment bank with recognized expertise in software and Hard Tech transactions. Advising Water Horizon in its €18m fundraising sets another landmark for Avolta in the Deeptech space, confirming its leadership, having recently advised:

U-Space: on its growth investment from Blast, BPI, Expansion Capital, and others
Lattice Medical: on its growth investment from BPI, Blast, EIC, and others
Ti Hive: on its growth investment from Karista, Wind, and EIC
Hexana: on its growth investment from Blast, Eren, CEA, and Région Sud Invest
Aisprid: on its growth investment from Innovacom, BPI, Demeter, Go Capital, and Breizh’up
Vela: on its growth investment from Crédit Mutuel Impact, BPI, 11th Hour, and others

Avolta is proud to announce its role as advisor to TBSO (The Bitcoin Society), co-founded by Eric Larchevêque, Nathan Benchimol, and Tony Parker, for the successful acquisition of Société de Tayninh (TAYN), listed on Euronext


This milestone marks the debut of the world’s first publicly listed company that uniquely combines a network company structure with a strategic bitcoin treasury, dedicated to promoting financial sovereignty and empowering value creators in today’s challenging economic environment.

TBSO introduces an innovative model that brings together three complementary pillars: strategic bitcoin treasury management, a network company, and exclusive clubs for entrepreneurs and investors. This comprehensive ecosystem is designed to support those who work, build, and generate value, providing concrete solutions to the challenges of monetary instability, fiscal pressure, and the complexities of entrepreneurship.


The Bitcoin Society.
 

With all states public debt raising, inflation eroding purchasing power, TBSO offers a dual alternative: anchoring itself to bitcoin as a sound and sustainable monetary base and fostering a network society where wealth creators can unite to defend their shared interests and entrepreneurial freedom. 

TBSO’s bitcoin treasury activity is focused on continually increasing its bitcoin holdings per share, thereby creating long-term value for shareholders and serving as a robust foundation for real-economy financial instruments.

As a strategic advisor, Avolta worked closely with TBSO’s founding team—Eric Larchevêque, a pioneering entrepreneur in the Bitcoin ecosystem; Nathan Benchimol, a seasoned entrepreneur and crypto investor; and Tony Parker, renowned international basketball legend and successful entrepreneur—to structure and execute this ambitious launch. 

Avolta has teamed with its partner Alantra, and specifically Olivier Guignon (Managing Partner) and Alexandre Toux (Associate). 

Together, we ensured that TBSO’s vision for a new monetary and societal paradigm was brought to life, providing the tools for financial sovereignty and freedom to entrepreneurs, freelancers, and all those driving the real economy.

Looking ahead, Avolta remains committed to supporting TBSO to raise capital as it aggregates the economic power of its members, becomes a key voice in economic and regulatory discussions, and continues to innovate at the intersection of technology, finance, and entrepreneurship.

About Avolta.

With 180 deals executed for €5bn in total over the last 13 years, Avolta is one of the most active Tech M&A advisors in Europe. Based on this expertise, Avolta’s team of 25 people has maximised the value of each and every deal in terms of valuations and overall conditions – this due to its time-tested sectorial methodology and expert negotiating skills.