Hi inov Announces Sale of Deepomatic to IQGeo

Deal News | Mar 24, 2025 | Hi Inov SAS

Hi Inov, a European venture capital fund specializing in B2B tech start-ups, has announced the sale of its stake in Deepomatic to IQGeo. Having invested in Deepomatic's Series A round in 2019, Hi Inov supported the company's growth, achieving a compound annual growth rate of 55% and tripling its workforce. Deepomatic is a pioneer in AI-powered First Time Right Automation, providing a computer vision platform for quality control in telecom and utility operations. The integration with IQGeo, a leader in geospatial network management software, aims to enhance network data quality and reduce costs through the use of AI-powered task automation. This acquisition highlights the role of AI in transforming network infrastructure management and aligns with the industry's demand for data-driven decision-making.

Sectors

  • Venture Capital
  • Software
  • Telecommunications
  • Utilities

Geography

  • Europe – Hi Inov is a European-based VC firm with offices in Paris, Lyon, and Munich, and Deepomatic has expanded across European markets.
  • Global – Deepomatic works with international clients in the telecom and utility industries, indicating a global operational footprint. IQGeo is a global leader, reinforcing the deal’s global context.

Industry

  • Venture Capital – Hi Inov is a venture capital fund, and their involvement in the sale of Deepomatic is a prime example of VC activity in investment and exit strategies.
  • Software – Deepomatic offers a computer vision platform and IQGeo provides geospatial network management software, both of which are pivotal in the software industry.
  • Telecommunications – Deepomatic’s AI-based platform is utilized by telecom operators to enhance operational efficiency and quality control.
  • Utilities – Deepomatic serves utility operators by providing a platform that ensures quality control and operational efficiency, relevant to the utility sector.

Financials

  • 350 million – Hi Inov is backed by over 350 million in capital from entrepreneurs, corporations, and institutional investors.

Participants

NameRoleTypeDescription
Hi Inov SASSellerCompanyHi Inov is a European venture capital fund focusing on B2B tech start-ups.
DeepomaticTarget CompanyCompanyDeepomatic provides an AI-powered computer vision platform for quality control in telecom and utility operations.
IQGeoBuyerCompanyIQGeo is a global leader in geospatial network management software.
Wolfgang KrauseManaging Partner of Hi InovPersonWolfgang Krause is the Managing Partner at Hi Inov, contributing to the investment and exit strategy of Deepomatic.
Augustin MartyCEO of DeepomaticPersonCEO of Deepomatic, who acknowledged Hi Inov's support in scaling and strategy.