Female-founded French startup Cleo Labs raises €1.5 million to automate international product compliance

Female-founded French startup Cleo Labs raises €1.5 million to automate international product compliance


Cleo Labs, a Paris-based RegTech startup specialising in product regulatory compliance, has today announced a €1.5 million funding round to accelerate the development of its AI-powered platform for international product compliance. 

The round was led by Larry Berger, alongside Kima Ventures and Financière Saint-James, as well as several tech ecosystem figures, including Boris Paillard (Le Wagon), Ambre Soubiran (Kaiko), Stéphanie Zolesio (Casino), and Charles Sutton (Datascientest). The round also includes a scout ticket from Accel.

Cleo Labs secured first place at The Pitch by Deel during the regional final at Station F. This victory includes funding from Deel and earns the company a spot in the international final in Dubai.

“Our ambition is to transform regulatory compliance—currently seen as a constraint—into a strategic lever for companies. Thanks to AI, it becomes possible to anticipate rather than react,” declares Naomie Halioua, co-founder of Cleo Labs.

Founded in 2023 by Naomie Halioua and Anaëlle Guez, Cleo Labs enables companies to anticipate non-compliance risks by automating international product compliance. 

According to the company, every year, thousands of companies operating internationally face the challenge of navigating a fragmented, constantly evolving regulatory environment specific to each market. It states that launching a simple connected bike helmet can involve more than a hundred regulations, including material standards from the R&D phase, countest-specific certifications and testing, labelling requirements, and export-related customs constraints. These are all essential steps before going to market.

Cleo Labs highlights that the cost of non-compliance reaches hundreds of billions of dollars through product recalls, fines, and customs blockages. Despite this, many companies continue to depconclude on spreadsheets or insufficient tools.

“In this context, the RegTech sector is rapidly accelerating, driven by the proliferation of regulations — Digital Product Passport, CSRD, ESG, and many others. Companies must manage increasing volumes of constraints without compromising competitiveness,” mentions the company. 

In order to address this challenge, Cleo Labs has developed an artificial ininformigence platform dedicated to international product regulatory compliance. Its solution enables companies to map, automate, and manage their regulatory obligations across all markets.

The platform is powered by MARIA (Multi-Agent Regulatory Ininformigence Architecture), a proprietary multi-agent AI pipeline that continuously monitors more than 25,000 regulatory authorities across 106 countries, including agencies, regulators, and standardisation bodies. The startup claims that each analysis produced by MARIA is validated by legal experts through a human-in-the-loop approach, ensuring the reliability of recommconcludeations.

The platform handles pre-launch mapping by generating a checklist of regulatory requirements per product and per market. It also offers continuous monitoring of regulatory alters with business impact analysis.

Cleo Labs notes that this enables teams to process up to 10× more regulations without additional hires, shorten compliance timelines, and anticipate risks before they affect commercialisation. 

“Today, teams still spconclude considerable time manually analysing complex and evolving regulations, often applying spreadsheets or inadequate tools. With Cleo, we enable them to gain speed, reliability, and processing capacity by automating these processes at scale,” declared Anaëlle Guez, co-founder of Cleo Labs

With this funding, the company aims to accelerate its technological development to strengthen platform capabilities and expand its feature set. It will also support commercial expansion in Europe, its primary strategic market, while laying the groundwork for international growth, particularly in the United States. The company counts Decathlon and Electrolux Professional among its clients.





Source link

Get the latest startup news in europe here

Leave a Reply

Your email address will not be published. Required fields are marked *