Press release
IADYS raises $11M and opens a subsidiary in the United States
IADYS, a French startup specialized in artificial intelligence and robotics for environmental purposes near Marseille, has raised 11 million USD to further develop its robotic products and expand its reach among industrial companies.
Addressing the challenges of pollution prevention
The startup renowned for its commitment to water preservation and pollution control, particularly with its iconic Jellyfishbot, is reaching a new milestone in its development.
With support from 2 new investment funds, GO Capital et INNOVACOM (through the “Avenir Numérique 3” and “Industrie d’Avenir et Territoires” funds), IADYS is preparing to enhance its range of pollution control solutions by introducing a docking station for its robots deployed at industrial sites and a system for collecting geolocated samples.
At the same time, the upcoming opening of an office in Houston, Texas, will allow the company to expand its presence in this key market and provide local logistical and technical support to industries equipped with the Jellyfishbot and Mobile Oil Skimmer (MOS).
This is IADYS’s second round of funding, building on its initial investment in 2021 from Région Sud Investissement, Abeille Assurances, Sud Mer Invest, France Active et Angel’s Bay Invest.
“This funding round is pivotal for IADYS’s development. It will enable us to continue our growth trajectory and support the launch of our new product line tailored to the petrochemical and plastics industries, featuring the Jellyfishbot Expert and the Mobile Oil Skimmer (MOS).
The new funds will allow us to hire across all departments (engineers, managers, sales representatives, technicians, operators, designers, etc.), expand our facilities, and most importantly, go international by establishing a U.S. subsidiary to leverage the momentum in a massive industrial market.
The stakes for environmental protection and pollution prevention have never been higher, and the industrial sector bears a significant responsibility in managing pollution discharge.
We are grateful to our investors for recognizing this and for providing us with the resources to innovate, scale, and deploy our products worldwide.”
Nicolas Carlési, CEO & Founder of IADYS
A collaboration with Impact
The success of this new funding round is due to IADYS’s investors who have renewed their trust in the company:
- the regional fund Région Sud Investissement, advised by Smalt Capital
- the Abeille Assurances fund, managed by INCO Ventures
- France Active Investissement fund
- Sud Mer Invest (Banque Populaire du Sud) fund, dedicated to blue growth
- and the business angels of Angel’s Bay Invest
along with the new investors who have chosen to believe in IADYS:
- the Impact Océan Capital fund, managed by GO Capital
- Innovacom, through the “Avenir Numérique 3” and “Industrie d’Avenir et Territoires” funds
Neumann supported IADYS in setting up and completing this funding round.
The company received support from BPI France through the France 2030 Program and its ‘Offer of Excellent Robots and Smart Machines’ call for projects, and can also rely on its banking partners Crédit Agricole Alpes-Provence and CIC.
