SynopsisBridgepoint's investment will be made through Bridgepoint Development ​Capital V, the same lower-middle-market fund the firm used ​to reinvest in French software company Brevo in November 2025, the same source ​said. A spokesperson for ⁠Skello did not ‌immediately respond to a ​request for ​comment.Bridgepoint is set to provide the majority of a €200 million ($229 million) funding round for French AI-powered HR management software company Skello, becoming the startup's lead minority shareholder, a source close ‌to the ⁠matter ⁠said.Bridgepoint's investment will be made through Bridgepoint Development ​Capital V, the same lower-middle-market fund the firm used ​to reinvest in French software company Brevo in November 2025, the same source ​said. A spokesperson for ⁠Skello did not ‌immediately respond to a ​request for ​comment.Here are the key ⁠details:Skello's founders, management team and some ​existing investors are reinvesting as part ​of the deal; the management team will increase its stake, the source said.Skello plans to use the proceeds to consolidate its leadership in France ‌and expand across Europe, and to hire in the second half ​of 2026, ​including in ⁠AI, the source said.Skello raised a €40 million Series B funding round in 2021 led ​by Partech, with participation from previous investors XAnge and Aglae Ventures, Partech said in a statement at the time. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now