Alkemics to power productDNA:hub – an industry-led service to help retailers and suppliers share product data and images

Alkemics is the digital collaboration platform for retail. The cloud-based Saas solution helps retailers and brands digitize, collect and share product data in one single secured place. Alkemics facilitates collaboration and drive operational excellence with automated collection, correction and sharing of high quality product data (GS1 standard). After raising 20 million euros in a Series B funding round in September 2016, Alkemics has seen great success within the retail market in France over the past two years, with more than 6,500 brands and 90% of the grocery e-retailers joining the platform. Alkemics has launched several new retail industries in 2017(beauty and cosmetics, health, Out of Home...).

Alkemics’ three founders are Antoine Durieux (CEO), an expert in statistics and Artificial Intelligence (Polytechnique and Stanford), Antoine Perrin (CTO), a specialist in the design of innovative and complex IT infrastructure (Polytechnique and ParisTech), and Benoît Portoleau-Balloy (COO), formerly at Criteo, Kelkoo, Yahoo!, a specialist in commerce and digital. In September 2016, Alkemics raised EUR 20 million with Cathay Innovation and Serena Capital, Index Ventures in collaboration with Index Ventures, Partech Ventures, and SEB Alliance, investors who have renewed their confidence in Alkemics after a Series A round of $5.6 million in early 2015.