In December 2007, in addition to the seed funding provided by experienced Angel investors, Mobile Distillery secured 2 million euro in a Series A funding round from two Innoveris funds managed by the technology venture capital firm Viveris Management.
The Innoveris funds and Viveris Management
Issued and managed by Viveris Management, the Innoveris FCPI funds are dedicated to minority equity investments, mainly in unlisted small and medium-sized enterprises (SMEs). The Innoveris funds are invested through venture capital and expansion capital deals and are present in more than 40 portfolio companies. Since Viveris Management was founded in 2000, nearly €72 million has been invested in technology venture capital, with €21 million in 2006 alone.
Viveris Management specialises in private equity for third parties and at the end of 2007 it managed over €400 million. Viveris Management is active in the main segments of private equity: technology venture capital at a national level, venture capital, expansion capital deals and buyouts at regional levels (South East of France, French overseas and the Mediterranean region). Viveris Management has a reliable and balanced shareholding comprising of the Caisse d’Épargne group and management.