Scottish Equity Partners and Bpifrance completed the acquisition of a stake in Braincube from Iris and Next47 for €83m.

Scottish Equity Partners, a late-stage venture and growth equity investor, and Bpifrance, a French public sector investment bank, completed the acquisition of a stake in Braincube, a SaaS industrial data platform that develops digital solutions designed to help manufacturers improve their return on investment by optimizing their production and exploiting trends and historical data, from Iris, a venture capital firm, specialized in the digital economy, and Next47, a global venture firm for €83m. “At Braincube we envision a world where every factory can operate at peak efficiency. Through using Braincube, manufacturers can successfully achieve their Industry 4.0 vision. We are delighted to be partnering with SEP, one of Europe’s leading growth equity investors in software companies. It is clear that in SEP and Bpifrance we have found long-term supportive partners who can help Braincube continue its global growth journey,” Laurent Laporte, Braincube Founder and CEO.