Winespace, a specialist in the collection, analysis and exploitation of wine taste data, announces that it has finalized a round of financing with Xinomavro Ventures, an investment fund dedicated to startups in the Wine & Beverage sector, and BPI France, a major player in the financing of innovation.
This operation marks a key stage in the development of the Bordeaux-based startup, which the Incubateur Bernard Magrez is very proud to support since its first promotion in 2021, giving it the means to accelerate its growth and validating the vision of its managers and their ability to transform the wine sector.
Strategic investors to support growth
Julien Laithier, Chairman of Winespace: "This fund-raising represents much more than just a financial contribution. Xinomavro Ventures' support provides us with invaluable expertise and a network that will help us accelerate our development, both in France and internationally."
Grégoire Letort, Xinomavro Ventures: "At Xinomavro Ventures, we invest in startups with disruptive technologies capable of redefining a market. Winespace ticks all these boxes. We're convinced we can support them in their ambition to transform the way wine is produced, bought and sold."
Financing for innovation and business development
Thanks to this round of financing, Winespace will be able to accelerate its development along two main strategic lines:
- Technological reinforcement: continuous enhancement of Tastee.wine, an online platform dedicated to the creation, archiving and real-time exploitation of wine taste data, development of new innovative functionalities and consolidation of the technical infrastructure to offer an ever more efficient solution tailored to user needs.
- Business development: strengthening sales and marketing teams to expand the customer portfolio and improve the support and service offered to existing partners.
The Incubateur Bernard Magrez is very proud to support Winespace as it confirms its ambition to become a key player in the digital transformation of the wine industry.