At a glance
- Motier Ventures also joined the €5 million pre-seed round of Bleu Robotics, a Paris-based developer of software that teaches industrial humanoid robots new tasks.
- Mallow said more than 300 families tested its device before launch.
- For family offices running venture programs, the €300,000 to €3 million range allows direct positions in consumer hardware and factory automation alongside dedicated funds, not only as an LP.
Motier Ventures, the venture arm of the Moulin family holding that owns Galeries Lafayette, backed two French AI hardware startups within a month, Family Office Hub reported on Nov. 4.
It co-led an €11 million seed round for Mallow, which makes a screen-free AI audio device for children.
Motier Ventures also joined the €5 million pre-seed round of Bleu Robotics, a Paris-based developer of software that teaches industrial humanoid robots new tasks.
Motier Ventures invests €300,000 to €3 million per company and holds more than 20 investments, according to the report. It invested in both rounds alongside specialist venture firms including Balderton and Contrarian Ventures. Mallow said more than 300 families tested its device before launch. The seed money funds an international rollout that includes the United States and a shift toward production in Europe.
For family offices running venture programs, the €300,000 to €3 million range allows direct positions in consumer hardware and factory automation alongside dedicated funds, not only as an LP.
Reported by the Direct & Co-Investments desk from Family Office Hub. Published . Corrections