RD Invest and Finovam Gestion, two major players in private equity in France, have announced a €1 million investment in BiblioOnDemand, a digital bookstore. This investment aims to support companies in the technological and cultural sectors, addressing the growing needs of libraries and documentation centers.
Their objectives include developing new features for the BiblioOnDemand platform and expanding its network of partners. RD Invest, through its Nord Création fund, focuses on improving access to quality digital content, while FINOVAM 2 from Finovam Gestion targets the EdTech sector.
Founded in 2023 by Marie-Delphine Foudriat, a digital strategy expert, BiblioOnDemand offers a wide collection of eBooks, audiobooks, podcasts, and videos, totaling nearly 3 million pieces of content available to libraries, schools, and businesses.
To counter the decline in printed book consultations, BiblioOnDemand is launching BoodIA, an artificial intelligence that provides reliable and personalized responses.
The company is committed to fighting misinformation and ensuring equitable access to knowledge.
With the support of RD Invest and Finovam Gestion, BiblioOnDemand aims to strengthen its position in the global digital content market.
