Orrick Paris Tech Studio

Tough year, survival year, rollercoaster year, 2024 was all this, with all the pressure, anxiety and emotions that many founders (and investors too) have had to go through. Most of them have shown a mind of steel and, as the case may be, never gave up until all options had been explored. With everything we've seen and experienced this year, the respect we have for you, our clients, is tremendous - it has been a privilege for everyone at Orrick Paris Tech Studio to be by your side, whatever the circumstances. The year ahead will be full of challenges for Tech companies in France, but has never looked so promising. From our all members, Happy, Healthy and Successful New Year to all our clients and business partners. You can count on us to make 2025 great! Olivier Vuillod, Manon Speich, Sam Tazartes, Johann Jabes, Léa Fiorenza, Sarah Amari, Baptiste Tanchoux, Kossara Stoyanova, Louis Leonetti, Jean Gabriel Javier Caraballo, Aline Villardo. Orrick, Herrington & Sutcliffe LLP Orrick Tech #OrrickFrenchTech

Happy New Year! We did it! As many of us have said this year - "Survive 'til '25"! :) Its was a spectacular rollercoaster of a year for the market - here at Team Orrick it was nothing short of AMAZING in terms of what our European and global teams have achieved. A market leading AI practice, brilliant achievements in #fintech, tremendous market share (over 20% of European VC deals completed by Orrick!) - its been incredible. And despite the market, our European team closed over 375 Venture and growth rounds and over 65 Tech M&A transactions! And in addition to #1 rankings in each of our core individual markets, we have remained #1 for Europe, quarter on quarter for the last 8 years! Our European team has the deepest and best bench in the business - including: Ben Cichostepski-Lesage, Olivier Vuillod, Attilio Mazzilli, Flavio Notari, Livia Maria Pedroni, Sven Greulich, Carsten Bernauer, Christopher Sprado, Ylan Steiner, Chris Grew, Katie Cotton, Jonathan Rosen, Pete Sugden, Faraaz Samadi, Natasha Ahmed, Dan Jones, Alex Sobolev, Jamie Moore, Raph Crouan, Alessandro Vittoria, Carlo Trucco and Johannes Rüberg and it is working with these fine people along with everyone else in our team that makes the hard work, late nights and weekend calls worthwhile. And so from everyone within the #TeamOrrick family to yours, we wish you a healthy and prosperous year ahead. We are so thankful to all of our clients and friends for all of your support this year and look forward to all the joy and opportunity 2025 will bring. Happy New Year! Orrick, Herrington & Sutcliffe LLP / #orricktech / #lawfirm / #venturecapital

Orrick’s Raph Crouan shares his thoughts on why Europe’s commitment to sustainability will make all the difference in its ascension to tech powerhouse status. Read more on the future of European tech in the 2024 State of European Tech report, available here: https://bit.ly/3Dgney1 Orrick UK | Orrick Tech #SOET24 #Sustainability #CleanTech #GreenTech

Congratulations to our client Coda on its agreement to be acquired by Grammarly, the trusted AI assistant, in a deal that promises ‘to transform Grammarly into an AI productivity platform.’ Ramy Shweiky | John Bautista | John Harrison | Matthew Gemello | SoJin Kim | Susana Min | Samantha Caluori | Ryan Selis | Josephine Cua | Michael Yang | Katherine Hogan | Steven Malvey | Peter Elias | Sarah Schaedler | Daniel Healow | Debbie Chen | Carly Owens | Taylor Ranfos | Lauren Guilford | Craig Falls | Danielle Mangogna | Kristin Petersen | Jake Routhier https://bit.ly/3ZKd7cx

Today, we’re excited to unveil our new website, products, and to open up slots for demos. Automation software 1.0 sold the vision of the fully automated enterprise. Yet, 10 years in, the reality is that only a small fraction of enterprise workflows have actually been automated. Agents, instead of relying on rigid, hardcoded workflows that break whenever something changes, can reason dynamically. Rather than following a fixed recipe, they pursue a goal, plan steps, and adapt as needed. However, there’s one critical capability agents have been missing: the ability to act. That’s where our flagship agent, Twin A1, comes in. It enables teams building agents to execute any task on any application or website from a simple prompt—even if no API is available and without the need for building custom integrations or fragile RPA scripts. We’re working with consultants and leading tech companies across customer support, automation software, banking, and healthcare to embed Twin into their products or internal stack. As seen in early previews from Anthropic (Computer Use) and Google (Project Mariner), this technology often struggles with reliability and can be slow and expensive to run. With the innovations we’ve brought in the last few months, we’ve reduced latency and cost by 5x, all while keeping it universal. In just a couple of months of our external beta, users ran over 40,000+ tasks across 9,000+ applications. For perspective, it took Zapier 10+ years to build 8,000 integrations. We’ve also introduced new techniques that allow us or our customers to seamlessly correct Twin when it makes a mistake. And we are launching a end-to-end pre-training program to make Twin optimal for all your tasks at scale. There’s still much work ahead of us, but I’m proud of what our team of 8 has accomplished in less than a year Joao Justi, Alexandre Lefèvre, Benjamin Soukiassian, Sergei Bogdanov 💫, Alessandro Barone, Pierre Carrier, Rutger Cappendijk, Marco Del Tredici. Book your slot now for a personal demo! Links in the comments ⬇️

🌐 Comand AI lève 8,5 millions d’euros pour repenser la gestion des conflits en misant sur la technologie et l’intelligence artificielle Co-fondée en 2023 par Loïc Mougeolle, cette deeptech repense les stratégies de défense en misant sur la technologie et l’intelligence artificielle pour que la France reste incontournable sur ce sujet. 💰 Une levée menée par Eurazeo avec la participation renouvelée de Frst, ainsi que l’entrée du fonds Expeditions Fund et d’autres business angels parmi les plus prestigieux de la Silicon Valley.

Orrick’s Ben Cichostepski-Lesage shares some thoughts on the present and future of the French tech space. For further reading, access the full 2024 State of European Tech report here: https://bit.ly/3Dgney1. Orrick Paris Tech Studio | Orrick Tech #SOET24 #FrenchTech

An incredible night at Slush 2024! For the third year running, Orrick UK and HSBC Innovation Banking hosted an exclusive dinner, bringing together entrepreneurs, investors, and innovators for great food and even better conversations. Thank you to everyone who joined us in celebrating creativity, resilience, and progress—we are proud of the vibrant community we’ve built together. Here’s to another year of collaboration and innovation!    #Slush2024 #Innovation #Entrepreneurship #TechEcosystem Shawn Atkinson | Jamie Moore | Pete Sugden | Raph Crouan | Ben Cichostepski-Lesage | Johann Jabes | Sam Tazartes

Check out the 2024 State of European Tech report -- which showcases a remarkable decade of growth and maturation. With a talent pool expanding at 24% annually and a 10x rise in venture financing since 2015, Europe has turned tech and innovation into an economic pillar. Great collaboration between Orrick, Atomico, HSBC Innovation Banking, AWS, and Slush. #OrrickTech