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Announced

Completed

Elaia and Opera Tech led a $37m Series B2 round in SESAMm.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Single Bidder

natural language processing

Minority

Friendly

Private

Digital Services

France

Acquisition

Venture Capital

artificial intelligence

Cross Border

Completed

Synopsis

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Elaia, a deep tech VC firm, and Opera Tech, the venture capital arm of BNP Paribas, led a $37m Series B2 round in SESAMm, a natural language processing firm, with participation from Unigestion, Elevator Ventures, AFG Partners, CEGEE Capital, Carlyle and New Alpha Asset Management. Securing this funding will enable SESAMm to further expand into US and Asian markets, support technology development to generate AI-powered ESG and sentiment analytics, and hire key talent across sustainability, technology, sales, and marketing.

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