2018: a year of success for start-ups
Start-ups at École Polytechnique have truly excelled this year. L’X takes a look back at the achievements of its start-ups in 2018, including product launches, fundraising, workforce expansion and international development.
Two new products launched
Founded by l’X graduate, Nelly Pitt, and accelerated through the X-UP program, the BeautyByMe start-up has created a web-based robot to simplify the preparation of homemade cosmetics. Users can produce their products in total safety. Presales of the company’s first robot, the BeautyMix mini, commenced at the end of November. Comprising a total of eight staff, the start-up plans to enter into the marketing stage for the BeautyMix mini and a second robot, the BeautyMix Pro, in the coming year.
Opening up to the international market
SnapEvent, created by Olivier Levy (Year of Entry: 2009) is developing a platform for organizing events in Paris. This start-up doubled its numbers this year and now employs around twenty people. Since November, the company has been reserving events in Lyon, Bordeaux and southeast France, and the founders plan to expand the platform outside of France in 2019.
$3 million generated through fundraising
After being accelerated at l’X, the Birdylabs start-up is now offering a microsaving application for individual use. Created by Fabien Keller and Julien Mortuaire, the company lets users of the Birdycent app round up the amount of their purchases to the next euro, and then transfer this micro-amount to an electronic bank. The start-up managed to generate $3 million in its first round of fundraising in October 2018, which will help boost its growth and international expansion.
A promising start for 2018
The start-up, Hi Mike, is developing an assistant that uses artificial intelligence to help users manage and optimize their daily subscriptions in fields such as insurance, telecommunications, media and energy. Brainchild of Michael Ymélé-Léki (Year of Entry: 2000) and Bernard Sheikboudhou, over 1,000 users have already signed up to the Hi Mike app. The founders of the start-up are planning operations for 2019 to get in contact with students in France, and are currently searching for business angels to assist them in their efforts.
Listed in the Forbes 30 Under 30
Farmwise is the creation of Sébastien Boyer (Year of Entry: 2011) and co-founder Thomas Palomares. This start-up develops an autonomous robot that helps improve agricultural productivity and increases sustainability by eliminating the use of weedkillers. The two business partners have just been named in the 2019 edition of Forbes magazine’s 30 Under 30, a list of thirty young talents who are driving the economy of tomorrow.