Paris-based enterprise studio OSS Ventures has introduced the primary closing of €40 million for its new funding automobile, focusing on a complete fund dimension of €75 million to supply follow-on financing to startups created inside its studio, serving to them scale their industrial software program options throughout Europe and america.
Main the spherical are Decathlon Pulse and Teknor Apex, joined by long-standing backers together with 1st Form by Peugeot Household, and Tikehau Capital.
Renan Devillières, Founding father of OSS Ventures, explains the studio’s hands-on philosophy: “We don’t finance concepts that aren’t grounded in actuality. We construct firms on the coronary heart of factories, in touch with operators, managers and actual industrial constraints. Then we finance them to allow them to determine themselves on a big scale. At OSS Ventures, our places of work are within the workshops, and we maintain our conferences in security sneakers.”
In parallel with OSS Ventures’ first shut, a number of European VCs have secured contemporary capital for adjoining DeepTech and B2B mandates in 2025 and 2026, offering helpful context to right this moment’s information.
Berlin-based b2venture reached the €150 million laborious cap for Fund V, backing early-stage expertise founders throughout Europe, whereas London’s 2150 closed a €210 million second fund centered on climate-driven city and industrial techniques. In Switzerland, Constructor Capital secured €92.8 million for its debut DeepTech automobile focusing on software program and research-driven startups from Seed to Collection A.
Fellow Paris-based VCs SlateVC introduced a €132 million first shut for its inaugural progress fund investing in industrial and climate-related B2B applied sciences, whereas Ventech closed a €175 million sixth fund supporting European AI and software program firms.
Earlier-stage exercise additionally continued, with Amsterdam’s Volve Capital finishing a €9 million first shut and Rubio Impact Ventures asserting a ~€70 million third fund with an impact-linked expertise focus.
Collectively, these autos signify roughly €839 million in newly raised capital throughout 2025–2026, illustrating sustained institutional urge for food for software-enabled industrial, local weather and operational transformation in Europe.
Inside this panorama, OSS Ventures’ new fund is smaller in absolute dimension however extra tightly specialised, concentrating completely on follow-on financing for industrial software program startups constructed in-house.
Notably, two of the bigger funds cited — SlateVC and Ventech — are additionally Paris-based, highlighting continued momentum within the French enterprise ecosystem alongside OSS Ventures’ technique to scale factory-floor-focused software program platforms throughout Europe and america.
“The West is realising it must reindustrialise. We noticed it with masks, vaccines, semiconductors. However you gained’t rebuild manufacturing with Nineteen Nineties ERPs and Excel. You’ll rebuild it with software program designed for the truth of a 2026 store flooring – by individuals who’ve really been inside one. That’s precisely what we do. In Europe. In america. Manufacturing facility by manufacturing unit. Software program by software program,” provides Renan in a public assertion.
Based in 2019, OSS Ventures operates a hybrid mannequin combining a enterprise studio and an funding fund. Since inception, it has launched round 30 B2B industrial software program startups, 22 of which stay energetic right this moment. These firms give attention to digitising and optimising manufacturing processes, area operations, and industrial efficiency administration.
Collectively, the portfolio has raised over €100 million and now equips greater than 3,600 industrial websites worldwide.
Corporations in its present portfolio embrace:
- fabriq, an industrial efficiency administration platform that raised €25 million in 2025.
- Kraaft, which develops area operations coordination instruments for advanced industrial tasks and secured €13 million in 2025.
- MyC, centered on medical companies administration for firms, raised €10 million in 2026.
- Bonx, a no-code ERP resolution tailor-made to industrial environments, accomplished a €7.3 million Seed round in 2025.
The newly introduced fund is positioned as an “amplification automobile”, in response to OSS Ventures, supposed to speed up firms which have already demonstrated traction on the manufacturing unit flooring. Relatively than backing exterior groups at ideation stage, the capital will probably be channelled completely into startups constructed internally by the studio. This strategy displays the agency’s conviction that industrial transformation requires shut alignment between software program improvement and real-world manufacturing constraints.
In a public assertion, OSS Ventures defined: “This isn’t a fund for financing concepts. It’s an amplification automobile, designed to scale firms we’ve constructed from the manufacturing unit flooring, after they’ve confirmed themselves within the area. Since 2019, OSS Ventures has created 22 firms deployed throughout 3,600+ industrial websites worldwide.”
The submit additionally highlighted the worldwide dimension of its operations, with groups in Paris and Boston working to help Western manufacturing competitiveness.
Decathlon Pulse, the funding arm of sports activities retailer Decathlon launched in 2024 to again sports activities and wellness startups, is taking part in a number one position within the new automobile. In its personal public assertion, Decathlon Pulse stated: “In the present day, we’re taking one other step ahead by asserting a strategic partnership with OSS Ventures, a enterprise builder specialising in industrial operations and digital intelligence based and led by Renan Devillieres.
“As industrial worth chains develop extra advanced, the power to attach product design, industrialization and manufacturing by way of sensible digital instruments has develop into a significant differentiator. This partnership matches naturally into our aim of supporting software program options rooted in actual manufacturing use instances and designed to work throughout borders and sectors. By bringing collectively OSS Ventures’ expertise in constructing industrial software program firms and DECATHLON PULSE’s deep understanding of world manufacturing networks, we goal to contribute to extra agile, resilient and accountable industrial operations, in Europe, america and past.”
By embedding its groups straight inside factories and prioritising operational realities over theoretical innovation, the studio goals to foster a brand new technology of business software program champions able to competing globally.
With €40 million already secured and a €75 million goal in sight, the agency is positioning itself to scale its portfolio firms at a time when manufacturing resilience and digital transformation are excessive on the European agenda.
