Newsletter Edition #106
Standing alongside ambitious founders, supporting them through the decisive moments and helping them build what comes next: that is what I love most about being an investor.
This latest edition of the OneRagtime Founders Day was a wonderful illustration of it.
Thank you to our founders, to the OneRagtime team and to our community of investors and partners. Your energy, your trust and your commitment make all of this possible.
Stéphanie and the OneRagtime team
Founders Day: bringing together the people building champions in the age of AI
This month, OneRagtime brought together the founders of its portfolio for its Founders Day, an afternoon of shared experience and practical discussion around a single question: how to build companies that are stronger, more international and more agile by placing AI at the heart of their growth.
Queenie Chan, of Antimatter and Hivenet, and Stéphanie Hospital opened the day with a reading of Asian dynamics, the opportunities emerging across the region and the lessons European entrepreneurs can draw from an ecosystem that is accelerating fast.
The discussion then turned to teams and scaling. Norman Grandjean, of Deel, shared the keys to international recruitment, while Philippe Guillaud, of MatchTune, brought his experience of managing teams in an environment deeply reshaped by AI. Jean-Loup Fraudin, of Moso, and Mathis Batoul, of Estaly, extended the conversation to gaining efficiency with leaner teams.
Yann Aleman, of LoneScale, set out the new rules of go-to-market in the age of AI. Romain Palmieri and Rafael Cohen, of Groover, shared the practical realities of rolling out a platform internationally.
Yann Bilien, of Rippletide, and Killian Vermersch, of Miralia, addressed what trustworthy AI requires, while Thierry Moncorger, of Elefantia, showed how AI can become an engine of transformation in sectors that remain lightly digitised.
Léo Viguier, CTO of OneRagtime, then opened up the workings of our AI stack and invited founders to assess their real level of adoption without flinching. Julien Simiand, of OpenAI, and Yann Bilien continued the discussion around the next developments in AI and what they mean for companies.
Capital was also central to the debate. Stéphanie Hospital and Jeremy Blackwell, of Blackwell Family Office, put AI startup valuations, private rounds and the signals coming from the US public markets into perspective.
The day closed with a conversation between Stéphanie Hospital, David Gurlé, of Antimatter, and Carlos Diaz, of Silicon Carne, on what it will take for the next generation of global AI champions to emerge.
The conversations carried on at a Community Drinks bringing together the entrepreneurs and investors of the OneRagtime community.
Founders Talk "How to build the AI champions of Europe, Asia and the US"
To close the Founders Day, Stéphanie brought together David Gurlé (Antimatter) and Carlos Diaz (Silicon Carne) for our Founders Talk.
The thread running through the conversation: the unconventional path of David Gurlé, an entrepreneur carried by one constant conviction, to do what everyone says is impossible. Antimatter was born from it: where the market pointed one way, David bet the other way, convinced that the market is not necessarily right. A bet that requires surrounding yourself with the right people, those who believe in the founder before they believe in the market. Hence the conviction that echoed through the evening: "The most important customer is not the market, it is the investor."
It is with that same contrarian eye that David approaches the AI race, a reading Carlos shares. Between an American world driven by capital, the awakening of Asia and the assertion of European sovereignty, the real question is not who will win, but how. Compute, funding, talent, technological sovereignty, international deployment: the discussion covered, without detours, what separates European ambition from a genuine ability to compete.
An evening that matched the energy of our community.
To see the full discussion, click the link : https://www.youtube.com/watch?v=5sOrpHSDxMY
News from our portfolio
Groover posts its best quarter
The second quarter of 2026 marks a clear acceleration, driven by the opening of new markets. Translating the platform into more than fifteen languages has doubled, and in places tripled activity in South Korea, Denmark, Japan, Turkey and Greece, while the established markets keep delivering profitable growth.
This momentum comes with the launch of new features, starting with Your Release Plan, which lets artists schedule and automatically run their promotion campaigns at scale. A first step ahead of further announcements expected in the third quarter.
Behind that trajectory sits a conviction unchanged since day one: to be international by nature. Carried by a team of twenty-four people spread across New York, Paris and remote work, Groover builds everywhere and for everyone.
Congratulations to the whole Groover team on this trajectory
Antimatter signs the largest contract in its history
Antimatter has just signed the largest contract in its history: an agreement that will deploy 280 PoliClouds across renewable energy farms in France, Germany, Italy, Spain and Sweden over the course of 2026 and 2027.
The target had been to reach 100 PoliClouds by the end of 2027. This contract alone goes beyond that initial ambition and brings the company closer to its long-term goal of 1,000 PoliClouds. A few weeks after unveiling its vision, Antimatter establishes itself as one of the largest inference neo-clouds in the world.
Congratulations to David Gurlé, Richard Esteve and Richard Détente on signing this landmark agreement, and to the whole Antimatter team.
MatchTune wins the #weare_challenges 2026 final at VivaTech
Congratulations to MatchTune on winning the #weare_challenges 2026 final at VivaTech.
The award reflects the growing importance of compliance in how music is used, of copyright transparency and of responsible content governance.
Today, MatchTune helps brands, agencies and legal teams understand how music is used in the content they publish on social media, and manage the copyright risks that follow.
Well done to Rodolphe Plisson and Thomas Guillaud for their standout pitch in the final, and to founders Philippe Guillaud, André Manoukian, Hervé Gourdikian and Igal Cohen-Hadria, who are reinventing music with AI.
We are looking forward to what comes next for MatchTune.
Monde Singulier opens its new space
250 sqm of design, 80 pieces, an apartment conceived as a collector's own.
Monde Singulier has opened its new Paris space: a place designed as a collector's apartment, where design and the art of living answer each other. The OneRagtime team had the pleasure of visiting and discovering this beautiful setting in a dream location.
If you would like to see it in turn, let us know: we would be delighted to introduce you to the Monde Singulier team and arrange a visit for you.
Congratulations to Alexis Grimaud and Maxime Morin and to the whole Monde Singulier team.
Contact our team to plan a visit
Rippletide joins the Snowflake Startup Accelerator
Rippletide has been selected for the spring 2026 cohort of the Snowflake Startup Accelerator, a programme dedicated to startups building AI applications made for the enterprise. All of them share one requirement: to move past experimentation and deliver, from day one, solutions capable of creating value in production.
That is precisely the Rippletide thesis: enabling companies to deploy production-grade AI agents on their critical workflows, where accuracy, reliability and control are essential. Drawing on automatic ontologies and on Snowflake's unstructured data, its platform makes it possible to build trusted agents in a matter of minutes.
The selection extends an accelerating trajectory, after Rippletide joined the F/ai programme at STATION F, which we shared with you in our last edition.
Congratulations to Patrick Joubert, Yann Bilien and to the whole Rippletide team.
Pickme rolls out nationwide with Colissimo
Pickme reaches a new milestone with the nationwide rollout of its network, alongside Colissimo.
More than 60,000 postal workers at La Poste can now rely on its network of neighbour relay points across France, to deliver more parcels closer to their recipients, optimise rounds and strengthen local service in every region.
The partnership marks a major acceleration of the Pickme mission: making delivery simpler, more local and more sustainable by drawing on the strength of community. A conviction unchanged since day one: turning thousands of households into logistics micro-hubs able to smooth the last mile.
Congratulations to Jessie Toulcanon, Florian Rives and Samuel Rousseau, to the whole Pickme team and to the Keepers community, who reinvent last-mile delivery every day.
Where we have been recently 📸
Over the past few weeks, the OneRagtime team has been at the heart of the tech ecosystem, between major gatherings and community moments.
At VivaTech, for its tenth edition, Stéphanie spoke on two stages. One devoted to the art of running a fundraising roadshow, the other to the global evolution of venture capital and to technological sovereignty: being sovereign not to cut yourself off from others, but to build technologies no one can do without.
On the community side, our second Community Drinks of the year brought together founders, investors and operators around their growth and execution challenges, while our Women Breakfast gathered the women of tech and investment. A subject close to our hearts, as parity holds within our own team while women still account for only 15% of our investor community.
All of them moments that recall what makes the OneRagtime community strong: learning from one another, opening up the ecosystem and creating connections that count.
Our upcoming events
You can find us at:
IPEM Global, from 8 to 10 September
France Digitale Day (FDDay), on 16 September
DafTech 2026 (by PennyLane), on 22 September
OneRagtime Community Drinks, 1 October
OneRagtime Women's Breakfast, 8 October
If you are there, do come and say hello, we would be delighted to talk with you.
OneRagtime on screen
Stéphanie on "Entretien avec un VC"
Stéphanie was the guest of Benjamin Wattinne on his Sowefund podcast "Entretien avec un VC", for a conversation on entrepreneurship and venture capital.
On the agenda:
Why founders should stay in control of their company
Why a good investment is first of all a question of price
Why raising too much money, too early, can weaken a startup
How OneRagtime has put tech and AI at the core of its investment model from the very beginning
Ten years of venture, seen from the inside
Stéphanie was the guest of Solenne Niedercorn-Desouches on Finscale, for an unfiltered conversation on nearly ten years of venture capital seen from the inside.
On the agenda:
The decision to leave Orange and become the owner of her own work
Her early days at OneRagtime, with no track record and no team, facing institutional rejections
The reasons to keep going regardless, through to ranking today in the top decile of European VC funds
Stripe celebrates 10 years in France
Stéphanie joined Stripe to celebrate the fintech's 10 years in France, alongside Arielle Le Bail, Jérôme Tomasini, Pierre André (Wecasa) and Stanislas Polu (Dust), for " L'addition, s'il vous plaît".
A conversation on how the French Tech ecosystem has evolved and on its major shifts over the past decade.
Le Festin by Silicon Carne: blue pill or red pill?
For the latest episode of Le Festin, Stéphanie joined Carlos Diaz, Laurent Alexandre, Alexandre Tsicopoulos, Raphaël Doan, Stéphane Mallard, Laurent Choukroun and Lucas Goumarre to discuss the future of AI.
At the centre of the discussion: living 1,000 years, near-free services, value creation and the future of AI.
Sell or hand over? The dilemma of the pioneers of French private equity
On 23 July, Les Echos ran a feature on succession within French asset management houses, as a generation of founding partners prepares to hand over. Stéphanie shared her perspective on this defining subject.
Her view: OneRagtime, structured from the outset as a genuine company, approaches these questions more simply. That is the spirit in which OneRagtime has been built from the start, around a team, a thesis and a community, yours. A structure that allows it to grow over the long term. And it is with you that OneRagtime will keep growing.
A closer look at our funds open for subscription
Three OneRagtime vehicles are currently open for subscription, each addressing a distinct segment of our thesis, from seed to growth, in France as well as the United States, and each giving you the opportunity to position yourself alongside us on your strongest convictions.
OneRagtime Rhapsody III: the third vintage of our flagship Venture fund, leading rounds from Seed to Series A. Generalist AI Native and Deeptech thesis. Entrepreneurs operating mainly from France and Europe. €40m vehicle, minimum subscription of €200k.
OneRagtime Paragon: our Early Growth acceleration vehicle, supporting AI Native and DeepTech companies as they scale. €100m vehicle, minimum subscription of €500k. Tibi-accredited.
OneRagtime Magnetic: our new Venture vehicle dedicated to French and European founders operating mainly from the United States, at pre-Seed to Seed. AI Native and DeepTech. €25m vehicle, minimum subscription of €200k.
To receive the full documentation or to arrange a conversation with our team, get in touch today.
Get in touch with the team via investors@oneragtime.com
Our startups are hiring
27 open roles across 9 companies: from tech to growth hacking, in Paris, Bordeaux, Los Angeles and elsewhere. From sales to opening new markets, there are excellent opportunities.
See all the openings here → careers.oneragtime.com
Disclaimers:
(1) Past performance is not indicative of future performance.
(2) Before making any investment, please refer to the legal and marketing documentation of the funds and/or club deals. Investors are in particular invited to read carefully the risk factors set out therein.
(3) Investment in unlisted assets, and in venture capital in particular, carries a risk of total or partial loss of the capital invested.
(4) Investments in unlisted companies, such as venture capital investments, may be difficult or even impossible to sell, given their high illiquidity.
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