Wagram served as exclusive financial advisor to the management of 1Kubator, an incubation and open innovation service provider, for its fundraising and the capital entry of Groupe des Assurances Mutuelles Agricoles (English: Group of Mutual Agricultural Insurances) (“Groupama Group”) and its affiliates, a French insurance group headquartered in Paris with operations in 10 countries.
With a presence in 9 French cities and 3 international countries, and having invested in nearly 200 startups, 1Kubator offers a complete and unique pathway for companies and startups: Digital, Impact, DeepTech and Hardware. Prior to the operation, a tranche of 6 million euros had been raised by 1Kubator with financial partners, Bpifrance, Banque Populaire Auvergne Rhône Alpes, BNP Paribas and Banque Populaire Grand Ouest – and investors such as Cardif, Caisse d’Epargne Midi Pyrénées and Surya. The arrival of a new shareholder, Groupama Group, led to a total fundraising of 10 million euros. This round of funding accelerated 1Kubator’s development and the deployment of its hubs in new cities in France.