PRESS RELEASE - KEENDOO, a technology start-up serving the performance of food manufacturers and distributors, raises more than €3 million in 6 months

NANTES, Thursday 13 October 2016 - – With a fundraising of 3.3 million euros in 6 months, KEENDOO has established itself as one of the leading start-ups in Nantes in terms of investment capacity and as a major player in the software market dedicated to the food industry. Founded in 2014 by Christophe Mahé, Nicolas Chaillot, Sylvain Le Toux and Bertrand Vignon, founder of the company VIF, KEENDOO publishes a centralised and secure product information management solution to enable manufacturers and retailers to guarantee the reliability and quality of their data while complying with their regulatory constraints (INCO)

This financial contribution of €1.8 million is in addition to the first capital increase last February. “Chis fundraising will enable us to accelerate our international development and our external growth strategy by recruiting new profiles to meet growing demand. The BPI, banks and private investors believe in us and have decided to follow and support us in this great adventure", says Christophe Mahé, Managing Director of KEENDOO. "Ensuring the transparency of product information to consumers has become a key issue for manufacturers. adds Marion Potier, Communications Manager. To cope with the acceleration of innovation cycles and the need to reduce time-to-market, manufacturers must equip themselves with collaborative tools for managing product data. The KEENDOO team, which currently consists of around twenty people, has doubled in size in the space of a year and is always on the lookout for new profiles to complete its sales teams and development engineers.

About KEENDOO,

KEENDOO was created in May 2014 by a team of 4 professionals from the food IT industry: Christophe Mahé (34 years old, including 10 years in agri-food IT), Nicolas Chaillot (40 years old, including 12 years in agri-food IT), Sylvain Le Toux (34 years old, including 8 years as an agronomist), accompanied by Bertrand Vignon, founder of VIF, the French leader in agri-food IT, VIF being one of the distributors and integrators of the KEENDOO solution. Passionate about data, the KEENDOO0 team was formed with a single objective: to enable the entire food industry in France and Europe to control and share their product information in complete security. Today, the company, based in Nantes Nord, is made up of about twenty employees, developers, consultants and sales staff,