Red Rooster Dispatch #2: Revolutionary food production and new funding for Polish tech
French and Polish tech news recap for October 2024
Salut!
As October wraps up, we’re excited to bring you our latest update! This month, we dive into the significant funds newly secured by Polish startups and the breakthrough technologies transforming food production. Our newsletter covers key developments in Poland, France, and across Europe, while also keeping an eye on the United States, especially as the U.S. presidential election approaches and its potential impact on Europe’s economy and security unfolds.
Be sure to read to the end—we have plenty of exclusive invitations for our readers waiting in this edition!
#1: Bridgio Fund Launches in Poland to Support Hardware Startups
The new Bridgio Fund has been established in Poland with a €6 million investment dedicated to hardware startups. The fund focuses on early-stage companies in sectors such as robotics, automotive, and energy, offering both financial and technological support. Bridgio aims to help startups overcome development challenges and access global markets, positioning Poland as a growing tech hub.
#2: The IVY Tech Award goes to François Vonthron (Poppins)
The IVY Tech Award has been granted to François Vonthron, who was selected from three finalists by the IVY Club, a network of business and technology leaders. Vonthron's digital medical device, Poppins, offers a scientifically validated solution to help families monitor and support children’s development. This award recognizes early-stage entrepreneurs and aims to identify promising talents in the French tech sector. Poppins addresses the needs of families who often struggle to access effective child development tracking tools.
#3: Poland – a new potential leader in cultivated meat production?
Poland is on the verge of a major shift in food production, with the potential to earn billions through cell-cultivated meat, as highlighted in Systemiq's recent report, "The Future of Cultivated Meat in Europe." This technology, which grows meat from animal cells, offers a sustainable and ethical alternative to traditional farming. With increasing investments from Polish companies, the country could emerge as a leader in the global market for lab-grown meat, offering significant environmental and economic benefits.
At the same time, cultivated meat production sparks controversy. Hungary is considering a ban on cultivated meat, following Italy’s example, as discussed in a recent meeting between Hungary's Agriculture Minister István Nagy and Ettore Prandini, president of Italy's Farmers Association. The ban is seen as a way to protect traditional farming and rural values. Hungary is also working on EU-level discussions about the future of food regulation and the role of domestic farming in the face of increasing competition from foreign agricultural products. The issue is part of Hungary’s broader agricultural policy dialogue.
#4: Alan expands to Canada
European unicorn Alan, a leading health insurance provider, has expanded into Canada, marking the country’s first new health insurance company in nearly 70 years. This expansion highlights Alan’s growing influence in the global market and signals a significant shift in Canada's health insurance landscape. The company's move could reshape how health services are delivered, offering a more modern and digital approach to insurance.
#5:New Tar Heel Capital Fund to Invest €120M in Polish Businesses
The newly launched THC Fund, founded by Grzegorz Bielowicki and Andrzej Różycki, managing partners at Tar Heel Capital, is set to invest €120 million to support Polish entrepreneurs and boost local business growth. This initiative reflects the commitment of Bielowicki and Różycki to empowering Poland’s vibrant startup and SME ecosystem by providing crucial capital and expertise.
With a strong focus on innovation, the THC Fund aims to help Polish businesses achieve market leadership and make a global impact. This is an exciting opportunity for Polish ventures ready to scale and reach new heights.
#6: Motier Ventures Launches "La Maison" – A Hub for the French Tech Community!
Motier Ventures has unveiled La Maison, a dedicated community space designed to support the French tech ecosystem. Located in the heart of Paris, La Maison will serve as a collaborative hub for entrepreneurs, investors, and innovators, fostering connections and growth within the community. This space is set to host events, workshops, and networking opportunities to strengthen France’s position as a tech leader.
Join the Uzbekistan Outsourcing Conference - Poland
📅 When: November 7th, from 10:30 am to 1:00 pm, Warsaw
As we hold our breath ahead of the U.S. elections, we also look eastward for new opportunities. We invite you to explore the Uzbekistan Outsourcing Conference - Poland, taking place in Warsaw on November 7th. This event highlights Uzbekistan’s benefits, including tax incentives, a qualified workforce, and streamlined business processes. It’s an excellent opportunity for CEOs, development managers, investment consultants, and anyone interested in Central Asia’s IT and BPO markets. Don’t miss the chance to expand your business horizons!
🎤 Pitch, Connect, Impress! Transform Your Public Speaking Game
📅 When: November 30, from 9 am to 4 pm, Warsaw
Public speaking is a powerful skill to help you stand out and succeed professionally. Ready to master it? Join our dynamic workshop in Warsaw, a full-day, interactive session for anyone looking to elevate their communication skills, pitch with impact, and connect authentically.
Only 10 spots available!
👥 Why Attend? To learn to structure talks that captivate, boost your stage presence and manage stress, and create impactful presentations ready to impress.
🔥 Special French Tech Offer! La French Tech Warsaw members get a 10% discount with the code "French Tech." Mention this code via email after registration.
Join us at Warsaw Finance Week!
📅 When: November 17-20, Warsaw
We’re excited to invite you to two panels featuring our participation:
November 12, 10:20 am - 10:50 am
Panel Discussion: “Attractiveness of France and the EU for the financial sector” with the participation of Aurélien Deleusière, Board Member, La French Tech Warsaw
November 19, 10:50 am - 11:20 am
Panel Discussion: "Innovations in Finance", moderated by Walid Barsali, president of French Tech Warsaw
Stay tuned for additional details on upcoming panels and be sure to join us on November 20 for France-focused side events!