Shadow Raises EUR 2.5 Million in Financing Backed by Paris Business Angels

• Paris Business Angels announced participation in Shadow’s EUR 2.5 million financing on October 20, 2026.
• The financing comprises EUR 1.5 million in equity and EUR 1 million in non-dilutive funding.
• Shadow provides environmental management software for healthcare facilities, serving nearly 300 clients across more than 2,000 sites.
• Proceeds will support AI-driven product development, commercial expansion and growth in Canada and the UK.
• Shadow aims to add 50 healthcare facilities monthly in 2027, up from about 10 currently.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paris Business Angels published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.