Truffle hires former Mentor executive

The venture capital firm has hired its first chief financial officer amid an active period of investing.

French venture capital firm Truffle Capital has hired its first chief financial officer, Gwen Chapman, who joins the firm from Mentor, a supplier of cosmetic surgery products.

At Mentor, Chapman helped with the post-acquisition integration of French medical device maker Pérouse Plastie. Before, she worked at KCI International Division as a general manager in finance and special project. She also spent four years at IT services firm GFI Informatique and a year at security consulting firm Bazin Group.

Chapman’s appointment comes amid an active time for Truffle. Truffle announced today the completion of a €7.25 million Series A round of financing for CARMAT SAS, a startup formed to develop a fully implantable artificial heart. CARMAT is a spinout from the European Aeronautic Defence and Space Company (EADS). EADS and the Fondation Alain Carpentier invested €2.25 million into CARMAT, while Truffle invested €5 million.

Truffle, founded in 2002, invests in spinouts in the IT, life sciences and energy sectors. The firm currently has €360 million under management. Other deals the firm has completed this year include a €1.5 million investment in Dutch wind energy company 2-B Energy and a €1 million investment in French photovoltaic company Photon.