# IT-Translation

> IT-Translation is a VC fund in Paris backing Software, SaaS and Medical Device. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Paris, France
- Total investments: 13
- Last investment: Nov 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/5019714
- X (Twitter): https://twitter.com/ittranslation
- Website: http://it-translation.fr/en/

IT-Translation is an investor and co-founder of digital technology start-ups spun off from both public and private research. What makes their business model so unique? They seed start-ups from ideas: they jointly set up the business and provide – at a very early stage - an investment of up to 300,000 euros through the IT-Translation fund. Theylook at the creation of start-ups through an approach based on ’translation’: they deploy their human and financial resources to ‘translate’ the technology into products or services, and to lead the researcher/entrepreneur into the business world. IT-Translation invests its money and its efforts in start-ups, working together with all innovation stakeholders. Early 2015, four years after IT-Translation got under way, more than 25 start-ups have been incorporated.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $329k–$768k |
| Series A | $549k–$12M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 8 | 62% |
| SaaS | 3 | 23% |
| Medical Device | 2 | 15% |
| Machine Learning | 2 | 15% |
| Artificial Intelligence | 2 | 15% |

27 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 31% |
| Funding Round | 4 | 31% |
| Series A | 3 | 23% |
| Series B | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sim&Cure | Sim&Cure is the first company to be cleared to market a patient-based simulation model for aneurysm treatment that allows prediction of the deployment of medical devices (flow diverter, intrasaccular device, laser-cuter stent). Sim&Size® simulates each size and type of device according to the patient’s unique anatomy in order to provideessential information prior to the choice of sizing. | $11.6M | Series A | Nov 28, 2025 |  |
| Therapixel | Therapixel develops and commercializes AI-based software for breast cancer detection and characterization | $16.5M | Series B | May 12, 2022 |  |
| Therapixel | Therapixel develops and commercializes AI-based software for breast cancer detection and characterization | $15.6M | Series B | May 12, 2022 |  |
| Therapixel | Therapixel develops and commercializes AI-based software for breast cancer detection and characterization | $5.5M | Series A | Mar 13, 2019 |  |
| AntsRoute | AntsRoute is a cloud-based route planning & optimization software developed by the French startup Antsway in 2015. The solutions help professionals to create optimal delivery, pick-up and multi-stop routes. The routing software makes it easier to smartly schedule appointments, optimize daily routes, automate dispatch to drivers, track theirprogress in real-time and keep customers updated with SMS alerts. The best software to increase stops per route, cut down transport costs and planning time. | $549K | Series A | Feb 15, 2017 |  |
| Accelad | AccelaD is the company behind Raphton™, an innovative software assistant for electronic design. Raphton™ enables hardware designers to work 10 times faster and improve the performance of their designs, bringing a breakthrough in competitiveness and creating new opportunities for electronics manufacturers. | $1.3M |  | Jan 15, 2017 |  |
| ARGOSIM | ARGOSIM provides Software simulation tools to edit, debug, and test requirements for real-time systems from functional specification to software-in-the-loop validation. |  |  | May 02, 2016 |  |
| HIKOB | In a world with limited resources and confined space, the understanding and exploitation of our physical assets, capital goods, infrastructures, industrial equipments and machinery, is a crucial challenge for years to come. During the life cycle of these assets, the acquisition of data is essential and is a key factor in the process of: -Knowledge & understanding: It consists in a better understanding to create and innovate. - Exploitation & maintenance: It consists in a better use to reduce costs and make it last. However to be useful and data has to be captured at the source on these assets in their real life conditions and in their real context of use: - Outdoor environment - Large natural spaces - Harsh or regulated environments - Mobility contexts HIKOB’s mission is to develop and provide wireless autonomous multi-points data acquisition system to capture information on the field and learn from reality, in all contexts and conditions. Provided as a fully integrated hardware and software platform, HIKOB systems collect complex data and support advanced data processing algorithms. Quick and easy to install, long lasting, HIKOB systems enable not only the multiplication of measurement points but also deployments in all contexts and all type of fields, while avoiding the installation and maintenance costs of traditional wired systems. HIKOB technologies are a key enabler and a result booster for businesses in their development and innovation process as well as for operations and maintenance. | $1.5M |  | Apr 06, 2016 |  |
| Dictanova | Founded in 2011 by Fabien Poulard (PhD in Computer Science, automated language processing), Dictanova has developed a cloud based platform that provides text analytics and sentiment analysis services, for all companies who need to understand their customers.This platform allows marketing and customer experience professionals to explore andanalyze thousand of client feedbacks in a few minutes. Customer feedback analysis provides keys to understand clients needs, and identify the subjects of tension in the customer experience as well as the delighting factors. | $1.3M |  | Jan 08, 2016 |  |
| MailClark | Founded in 2014 in Lyon, France, originally as Clubble.io, MailClark and its eponymous bot bridge the gap between team messaging (e.g. Slack, Microsoft Teams) and external communications (e.g. email, Twitter or Facebook). MailClark was amongst the first integrations featured in Microsoft Teams’ Bots Gallery.MailClark’s bot seamlessly convertsall emails, tweets & Facebook Messages to a chat format and back again, letting everyone use the platform of their choice without interruption.MailClark is a spinoff of French digital agency Novius, where all four co-founders worked together for years. MailClark is funded by the IT-Translation Fund and Bpifrance. | $329K | Seed | Dec 18, 2015 |  |

10 of 13 investments shown.

## Co-investors
- [Elaia](https://shizune.co/investors/profile/elaia-partners) — VC Fund, 3 deals together
- [M Capital Partners](https://shizune.co/investors/profile/m-capital-partners) — VC Fund, 3 deals together
- [Alps Capital innovation](https://shizune.co/investors/profile/alps-capital-innovation) — VC Fund, 2 deals together
- [CapHorn Invest](https://shizune.co/investors/profile/caphorn-invest) — VC Fund, 2 deals together
- [Crédit Mutuel Innovation](https://shizune.co/investors/profile/cm-cic-capital-innovation) — VC Fund, 2 deals together
- [Omnes Capital](https://shizune.co/investors/profile/omnes-capital) — VC Fund, 2 deals together

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## FAQ

### What does IT-Translation invest in?

IT-Translation invests primarily in Software, SaaS and Medical Device startups, most often at Seed and Funding Round stage. Most of the 13 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is IT-Translation's check size?

IT-Translation typically joins rounds of $329k–$768k at Seed and $549k–$12M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds IT-Translation participates in.

### When did IT-Translation last invest?

The most recent investment recorded for IT-Translation closed in Nov 2025. Shizune tracks 13 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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