Naïo Technologies SAS announced that it has received €2 million in funding from Oeneo SA, Demeter Ventures Inc., CapAgro SAS, WiSeed SAS
December 12, 2017
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On December 13, 2017, Naïo Technologies SAS closed the transaction. The company issued equity series B round of funding. The transaction included participation from new investors, Oeneo SA (ENXTPA:SBT) for a 1.5% stake, and Pro Drones and existing investors Demeter Ventures Inc., CapAgro SAS, and WiSeed SAS. As a part of the transaction, Nicolas Hériard Dubreuil from Oeneo SA will join the supervisory board of the company.
Oeneo is the world's No. 1 of cooperage for winemaking and the world's No. 2 of wine corking products. Net sales break down by family of products as follows:
- corking products (70.2%): primarily high-tech cork stoppers for still wines, sparkling wines, and fortified wines, for the Diam and PIETEC lines;
- cooperage (29.8%): casks, barrels, tanks, drums and alternative products (powders, wood chips, and staves) marketed under the Seguin Moreau, Boisé, Tonnellerie Millet, Fine Northern Oak and Galileo brands.
Net sales are distributed geographically as follows: France (28.7%), Europe (39%), America (25.1%), Oceania (1.7%) and other (5,5%).