M
MILLA GROUP
MILLA Group maker #newmobilities provides global solutions. MILLA Group develops and markets an autonomous electric @MILLApod
About MILLA GROUP
Positioned within the French automotive sector, MILLA GROUP operates as a manufacturer and service provider for automated transportation systems. The company was established in 2017 by co-founders Frédéric Mathis, who serves as CEO, and Eric Gendarme. Mathis brings 35 years of experience from key roles in innovation and autonomous vehicles at Renault and Vedecom, a background that directly informs MILLA's strategic direction. The firm's creation was driven by Mathis's vision to accelerate the deployment of tangible autonomous mobility solutions tailored to market demands.
MILLA GROUP's business model encompasses the entire value chain, from vehicle design and manufacturing to the operational deployment of autonomous services. The company functions as a holding company with two main subsidiaries: ISFM, which focuses on software development, robotics, automation, and supervision platforms, and BetaEpsilon, which handles vehicle development and manufacturing. This integrated structure allows MILLA to offer a comprehensive product and service suite targeting public transport operators and local authorities. Revenue is generated through the sale of its vehicles and associated services. The company has received backing from investors including Bpifrance, Celad, and LNE SM HOLDING, securing €15 million in an Early VC round in June 2023.
The core offering is a unique range of modular vehicles, including mini-buses and delivery vans, that are natively equipped for automation while retaining a driver's station. These vehicles can carry 8 to 20 passengers and are adaptable for disabled access, bicycles, or logistics. A key feature is their dual-mode capability, allowing for autonomous operation at speeds up to 50-60 km/h and manual driving at up to 90 km/h on open roads, without requiring dedicated infrastructure. Beyond the vehicles, the company provides supervision systems, operational and passenger information systems (SAE+IV), and related services like training and commissioning. This approach allows for immediate integration into existing transport networks, serving a diverse range of environments from private sites to rural and urban areas. The company has deployed its solutions in various French territories including La Rochelle and Vélizy and works with major clients like Renault, RATP, and La Poste.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Meudon, France
- Employees
- 84
- Open positions
- None listed
- Dealroom signal
- 71.3/100
- Industry
- Energy, Transportation
- Sub-industry
- Mobility, Autonomous & Sensor Tech, Vehicle Production
- Sector
- Transportation, Autonomous Mobility, Autonomous Vehicle, Hard Tech, participations bpifrance, observatoire greentech, observatoire industrial tech
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jun 2023 | $17M | $66M | Critical Path Ventures · Bpifrance | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for MILLA GROUP is 900 monthly website visits, down 18.2% over the last three months. MILLA GROUP's team grew 3.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Critical Path Ventures
Bpifrance
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MILLA GROUP on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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