For its first financing round in April 2003, XAnge raised nearly €50 million from well-known international investors with strong industrial credentials.
La Poste Group contributed 34% to this initial round of financing, and was joined by several institutional investors and industrial companies: AGF (Allianz Group), Azur-GMF Group, Caisse des Dépôts et Consignations, CNP, Laser-Cofinoga (Galeries Lafayette Group), Néopost, Alten and Deloitte Finance.
In December 2006, XAnge completed an additional €15 million financing round, underwritten mostly by its original shareholders, thereby underscoring their renewed confidence, and bringing the total commitments received to nearly €65 million.
XAnge’s management team maintains excellent relations with its investors, which contribute to the company’s original value added. XAnge’s shareholders make a substantial contribution to deal flow. La Poste Group and the other investors provide their industrial vision and complementary marketing of the targeted sectors and facilitate the creation of strategic and lasting partnership opportunities. Lastly, their international dimension contributes to the growth of companies that XAnge Capital chooses to back.
