Castalie’s €13.5 Million Series A Financing Round

Dechert advised CASTALIE on the deal.

CASTALIE, a French company engaged in the development, manufacturing and marketing of water fountains and water cooling, filtration and water improvement equipment, completed its €13.5 million Series A fundraising.

The funding round led by Ring Capital, a fund that specializes in financing French tech scale-ups, was structured with two societal impact investment funds; Amundi Finance, the first French social and solidarity economy fund, and Raise Impact, the impact investing arm of RAISE Group; as well as with the industrial SEB Group, through SEB Alliance, for its premium French industrial know-how.

The proceeds of the investment will allow the start-up to accelerate its entry to the consumer market, national expansion and innovation of its products.

Dechert advised Castalie on Corporate aspects with Anne-Charlotte Rivière (Picture), partner, with Aude Steinberg, associate, and on Intellectual property aspects with Marie Fillon, national partner.

Involved fees earner: Marie Fillon – Dechert; Anne-Charlotte Rivière – Dechert; Aude Steinberg – Dechert;

Law Firms: Dechert;

Clients: Castalie;