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Baker McKenzie has advised 83North, Bain Capital, Elaia Partners, Felix Capital and Vintage in the framework of their investment in Mirakl alongside Permira for a total of $300 million (€255 million). To-date, this the largest amount of funds raised for a French start-up.

Mirakl, the French software publisher which develops e-commerce platforms and is the world leader in its field, thus becomes the new French unicorn. Founded in 2011, the company now has 350 employees and is planning to recruit a further 1000 within three years. This new round of fundraising, the fourth, takes Mirakl’s value to $150 billion, making it the tenth largest French unicorn. This investment will allow Mirakl to accelerate its international development and recompose its shareholding.

The Baker McKenzie team was made up of partner Matthieu Grollemund and associates, Gautier Valdiguié and Charlotte Berger.

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