Funding and Acquisitions Roundup: Netatmo raises €4.5M for its personal weather station for iOS and Android devices

By Editor June 6, 2013

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

Netatmo, a Paris-based startup that makes weather and environmental sensors for use with iOS and Android devices, has secured €4.5 million in its first round of funding. Investors in the round include Iris Capital, FSN PME (the French government’s National Fund for Digital Society), and investor Pascal Cagni, the non-executive director of Vivendi SA and Kingfisher PLC, and former Apple EMEIA [Europe, Middle East, India, and Africa] executive. The company has built and offers a personal weather station device for consumers. The device, which is compatible with iOS and Android, measures both outdoor and indoor environmental conditions, including noise pollution and build ups of carbon dioxide in indoor spaces. Netatmo was founded by Fred Potter, who also founded Cirpack, an IP telephony firm. (Sources: Netatmo, TechCrunch)

Vital Stats:


HQ: Paris

Founder: Fred Potter

Investors: Iris Capital, FSN PME, Pascal Cagni

Innovation: Indoor/outdoor environmental conditions device that works through iOS and Android.

Total Funding: €4.5 million

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VC firm hopes for high returns with fund for marijuana (via VentureBeat)

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