The Barcelona-based startup, known for its regulatory technology platform developed by lawyers and engineers to help organisations implement regulatory changes, has announced a USD 3.2 million (around 2.82M €) funding round to accelerate its expansion into strategic international markets and strengthen its team. The round was backed by Varsity, Lanai, Plug and Play, Kima Ventures, and Vento.
The company, founded in 2025, already works with institutions such as Groupe Caisse des Dépôts in France and Alma, and is seeing growing demand from corporate compliance teams managing increasingly complex obligations in the markets where they operate
With the funds, the RegTech company is expanding its operations in the UK, France, Spain, Italy, and the Benelux region, driven by growing demand for AI-powered compliance infrastructure.
Co-founders Pierre Ferran(CEO) and Virginia Debernardi (COO) bring legal and operational expertise gained at fast-growing technology companies. Pierre previously held senior legal roles at Klarna and Philips, and has a background in software engineering (LL.M., Stanford). Virginia, meanwhile, served as General Counsel at Productsup.
“I spent much of my career at one of Europe’s largest banks, where compliance remains largely a manual, fragmented, and reactive process. What convinced me about Kalipso was its founding team – professionals with a deep understanding of both law and engineering who are building solutions for a sector I know from the inside. This is the kind of infrastructure the industry will need in the coming years,” said Didier Valet, board member and investor, former deputy chief executive of Société Générale, and co-founder of Varsity.
Ensuring compliance with regulations
The European Commission is driving an ambitious agenda of regulatory change that is increasing the operational burden on in-house legal and compliance teams. Regulatory compliance often breaks down precisely at the point where a legal obligation must be translated into an operational control.
When a new regulation emerges, someone must interpret it, translate it into the business context, identify gaps in existing policies, rectify them, assign responsibility, and subsequently demonstrate that the actions have been implemented.
Currently, much of this work is carried out manually, using tools that are disconnected from one another (where they exist at all) and without a central system to coordinate the entire process. Kalipso was created to address this challenge.
At the heart of Kalipso’s offering lies a unified platform designed to operationalise regulatory change. The solution continuously analyses regulatory developments, identifies which obligations apply to each organisation, detects gaps in existing compliance frameworks, and generates corrective actions ready for implementation, with full traceability of sources.
The platform monitors over 100 regulatory sources across more than 40 jurisdictions and processes over 3,000 regulatory updates every day.
“The hardest part of compliance isn’t interpreting the law, but implementing it, and very few people who develop solutions for this sector have actually been on both sides of the process. I have. As a lawyer working alongside engineering teams at Klarna, I saw in real time how these handover processes constantly failed. Most of the tools available have been built by lawyers with no engineering experience or by engineers who do not have a deep understanding of the legal framework. Kalipso was created by people who are experts in both worlds. “We didn’t analyse this problem in theory; we experienced it first-hand and built the system that we ourselves needed but couldn’t find on the market,” said Pierre Ferran, co-founder and CEO of Kalipso.
Faced with an increasingly complex regulatory landscape for organisations, Kalipso plans to significantly expand its team in 2026 and strengthen its presence in strategic markets.
