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.