General Atlantic has completed two European investments.
The firm has backed ManoMano, a French online marketplace for DIY and gardening products.
ManoMano was founded four years ago and now has 1.9 million customers across France, Spain, Italy, Germany, Belgium and the UK. It allows users to buy directly from merchants and exchange advice.
General Atlantic has invested alongside existing backers Piton Capital, Partech Ventures and Bpifrance as part of a €60m capital raise. Managing director and co-head of EMEA Gabriel Caillaux will join ManoMano’s board of directors, while principal Chris Caulkin will sit on the board as an observer.
The investment will be used to increase the size of the IT and data teams, improve marketing and fund new commercial and logistics services.
General Atlantic has also backed Typeform, a Spanish cloud application in the data collection market.
Operating since 2012, Typeform offers “conversational forms” which enable businesses to improve engagement with customers.
General Atlantic has led a $35m funding round which also includes Index Ventures, Point Nine, and Connect Ventures.
Yesterday General Atlantic announced the appointment of Axa veteran Henri de Castries as European chairman.