ChapsVision Raises $90M to Enhance AI-Powered Data Processing Capabilities
ChapsVision has grown to 1,000 employees, serving 1,000 major clients across multiple industries
Company Name: ChapsVision
Location: Suresnes, France
Industry: AI-Enriched Data Processing
Funding Details:
The company raised $90M in funding, led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital.
Purpose of Investment:
The funds will be used to expand global reach, accelerate R&D investments, and drive product enhancements for its data processing solutions.
Leadership:
Founded by CEO Olivier Dellenbach, ChapsVision is committed to enabling companies and administrations to achieve digital transformation through innovative AI-powered data solutions.
Product:
ChapsVision provides a software suite centered around its data operating system, supporting big data processing and combining insights across its two branches:
- Business Sector: Tailored solutions for data-intensive enterprises.
- Government Sector: Supporting critical infrastructure and operations.
About the Company:
ChapsVision has grown to 1,000 employees, serving 1,000 major clients across multiple industries. It is on track to achieve a turnover exceeding €200 million in 2024, driven by cutting-edge R&D and strategic international acquisitions.
Acquisition:
ChapsVision acquired Sinequa, a Paris-based AI enterprise specializing in enterprise search and retrieval-augmented generation (RAG). This acquisition enhances ChapsVision's ArgonOS platform, integrating advanced search and data processing technologies to elevate client outcomes in industries such as:
- Manufacturing
- Life Sciences
- Financial Services
- Aerospace and Defense