Outlier Ventures and BPI France have invested in Owl, a young Parisian shoot specializing in the analysis of blockchains and cryptocurrencies.
Owl announced having received 1 million euros as part of a first fundraising (pre-seed capital).
We have managed to gather the necessary support to get through these difficult times. We are particularly proud to work in close collaboration with Outlier Ventures with their acceleration program, "said Blaise Cavalli, CEO and co-founder of Nyctale.
Completed by the London venture capital platform Outlier Ventures, the financing round also attracted the French public investment bank Bpifrance as well as private investors including several business angels belonging to the INSEAD France network.
Founded in 2018 in Lyon and now based in Paris, Owl develops a suite of analysis tools for blockchains and cryptocurrencies to help businesses and financial institutions. The startup joined the Founder's program Station F, the popular Parisian startup campus created by Xaviel Niel.
His modeling solutions enable investment and usage behavior to be monitored by "combining the most relevant aspects of Bloomberg and Google Analytics to meet the changing needs of the industry blockchain "
Last year, Owl also won the grand jury prize in the ICT category of the competition i-Lab 2019 organized by BPI France and the French Ministry of Research and Innovation.
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