France has a vibrant startup ecosystem, particularly centered in Paris, which is becoming a major European tech hub. As of 2023, France is home to around 20,000 startups. The French government supports innovation through initiatives like La French Tech, which provides funding and resources for startups. In 2022, French startups raised approximately €10 billion in venture capital. These factors collectively highlight France's dynamic and rapidly evolving startup landscape.
Size of the Market
As of 2023, France's startup ecosystem includes around 20,000 startups. In 2022, these startups attracted approximately €10 billion in venture capital funding. This substantial investment underscores the ecosystem's growth potential and robust nature. The market's size and financial backing reflect its capacity to foster innovation and sustain a competitive edge within Europe and beyond.
Key Strengths
France's startup ecosystem is characterized by several key strengths, including strong government support, a high-quality education system, and a strategic location in Europe. The country excels in sectors such as fintech, healthtech, and deep tech. These strengths are bolstered by France's robust industrial base and government support, positioning it as a leader in the European startup scene.
Major Hubs
Paris is the primary hub of France’s startup ecosystem, known for its vibrant tech scene and concentration of startups. The city attracts entrepreneurs and investors from around the world. Major corporations and research institutions in Paris foster a collaborative environment for innovation. The dynamic ecosystem in Paris is instrumental in driving France's economic growth and technological advancements.
Emerging Hubs
In addition to Paris, emerging hubs like Lyon, Marseille, and Toulouse are gaining prominence in France’s startup ecosystem. Lyon is known for its strengths in biotech and digital industries, Marseille for its focus on maritime and logistics tech, and Toulouse for aerospace and advanced manufacturing. These emerging hubs are expanding the reach and diversity of France’s entrepreneurial landscape, offering new opportunities for innovation and growth.
Support Systems
France’s startup ecosystem benefits from a strong network of incubators, accelerators, and co-working spaces that provide essential support and resources for entrepreneurs. Initiatives like Station F and Paris&Co have been pivotal in fostering a supportive environment for startups, providing access to resources, mentorship, and funding. This supportive infrastructure is crucial for nurturing early-stage companies and fostering a collaborative entrepreneurial environment.
Challenges
Despite its strengths, the French startup ecosystem faces challenges such as bureaucratic hurdles and high labor costs. Navigating regulatory frameworks can be time-consuming and complex for startups. Additionally, labor costs in France are relatively high, which can impact the profitability and scalability of new ventures. Addressing these challenges requires strategic efforts and supportive policies to sustain growth and competitiveness.
Opportunities and Future Outlook
France has significant opportunities for growth in sectors like fintech, healthtech, and deep tech. The country's strong focus on sustainability and green technology drives innovation in renewable energy and environmental technologies. France's strategic location and trade agreements provide startups with opportunities for international expansion. With continued investment and innovation, France's startup ecosystem is poised for further growth, contributing significantly to the global innovation landscape.
Resilience and Adaptability
France's startup ecosystem demonstrates remarkable resilience and adaptability. The country's commitment to innovation, coupled with strong government and institutional support, enables startups to navigate challenges and capitalize on opportunities. The diverse talent pool and high-quality research institutions attract entrepreneurs and investors alike, ensuring sustained growth and success in the face of global economic shifts and market dynamics.
Case Studies: Successful Funding Rounds with Angel Investors on Angels Partners
We found 568 VC firms in France investing in BioTech on Angels Partners
Hunter Walk
Investing in Software (Web Marketplace Saas..) &b...
San Francisco Bay Are..., U.S.A. - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
San Francisco Bay Area - California, U.S.A. - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
Hunter Walk is a Co-Founder and serves as a Partner at Homebrew. He served as Board Member Shyp. He also serves as an Advisor at Resolute Ventures. Prior to Homebrew, Hunter was VP of Product at Twitter, building and leading the Product Management and User Services tea Before Twitter, he was a Partner at Battery Ventures, where he co-led the seed and early stage investing practices. He joined Google in 2003 and was responsible for AdSense product management and partnerships. Before heading to Silicon Valley for Google, he worked for DoubleClick, in venture capital and as a strategy consultant. He holds an MBA from Stanford Graduate School of Business and a BA in History from Vassar College.
Christian Jorge
Investing in Software (Web Marketplace Saas..) &b...
Paris, France
Previous Investments
• Groover:
(early stage)
• Merci Alternative:
(early stage)
• Mind - L'application de méditation pour vivre mieux:
• Murfy:
(early stage)
• Arianee:
(early stage)
• NUMA Paris:
(mid stage)
• The Galion Project:
(early stage)
• TrainMe:
(early stage)
• Vestiaire Collective:
(late stage)
• www.shade-beauty.com:
• RL AGENCY:
(early stage)
• RÉSEAU LOCAL - Webagency division:
• IDEO Concept - Classic & Digital Communication Agency:
Tech entrepreneur | Early Stage Investor | Venture Partner
Nicolas Douay is a Co-Founder and serves as a Chief Operating Officer and General Manager at KelDoc. After five in a large international consulting firm in management information systems, Nicolas decided to start Keldoc.
Kima Ventures
Investing in Software (Web Marketplace Saas..) &b...
Kima Ventures is a venture capital firm that invests in companies operating in the hardware, robotics, e-commerce, SaaS, marketplace, marketing, ad tech, big data, sharing economy, entertainment , finance , education, media, mobile,, security, social, travel, tourism, health , retail , super-high-tech , industry, API, bitcoin, food, agrotech, lifestyle , cleantech, gaming sectors. The firm was established in 2010 and is based in Paris, France.
Seventure Partners
Investing in Software (Web Marketplace Saas..) &b...
Software (Web Marketplace Saas..) • Other • IT (& TMT) • Media • BioTech • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • Retail (& E-Commerce) • CleanTech • HealthTech (& Fitness) • Food & Beverage • Material Science • Medical Devices (& Hospital Services) • DeepTech • Healthcare (& Wellness) • Mobile • Consumer • Pharmaceutical (& Medicine)
Description
Seventure Partners is a venture capital firm that seek to invest in the hardware and telecommunication, information technology and life sciences sectors. The firm was founded in 1997 and is based in Paris, France.
Martin Mignot
Investing in PropTech • BioTech • Busin...
London - New York, U.S.A. - U.K. - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Iceland,
Previous Investments
• L'Alveare Che Dice Sì:
$9000000
• Climax Foods:
$44017000000 (Later stage VC)
• Starburst Data:
$118000000 (Later stage VC)
• Fast (Application Software):
$102000000 (Later stage VC)
• Wealthfront:
$75000000 (Later stage VC)
• Duo Security:
$70000000 (Later stage VC)
• Kano Computing:
$28000000 (Later stage VC)
• Figma:
$25000000 (Later stage VC)
• Built Technologies, Inc.:
$21000000 (Early stage VC)
• Behavox:
$20000000 (Later stage VC)
• Less:
$19000000 (Early stage VC)
• Homebell:
$11000000 (Later stage VC)
• Scoop Technologies:
$10600000 (Early stage VC)
• Trouva:
$10000000 (Early stage VC)
• Spendesk:
$8000000 (Early stage VC)
• Gremlin Inc:
$7500000 (Early stage VC)
• Linear:
$4200000 (Early stage VC)
• Supersolid:
$4000000 (Early stage VC)
• Pitch Software:
• Bird:
(early stage)
• Bulb Energy:
(mid stage)
• La Ruche qui dit Oui !:
(mid stage)
• Swiftkey (Acquired by Microsoft):
(mid stage)
• Captain Train (Acquired by Trainline):
(mid stage)
• Seedcamp:
(mid stage)
• Tesseract Energy:
$79000000 (Venture Round)
• Matera:
$8000000 (Series B)
• Matera:
$43000000 (Series B)
• Matera:
$11000000 (Series A)
• Fuse Energy:
$79000000 (Series Unknown)
• Kry:
$160000000 (Series D)
• Kry:
$320000000 (Series D)
• Kry:
$160000000 (Series C)
• Kry:
$66000000 (Series B)
• Kry:
$23000000 (Series A)
• Kry:
$7000000 (Seed)
• Personio:
$200000000 (Series E)
• Personio:
$270000000 (Series E)
• Personio:
$130000000 (Series D)
• Personio:
$75000000 (Series C)
• Personio:
$40000000 (Series B)
• Personio:
$12000000 (Series A)
• Cowboy:
$80000000 (Series C)
• Cowboy:
$27000000 (Series B)
• Cowboy:
$11000000 (Series A)
• Cowboy:
$3000000 (Seed)
• Ankorstore:
$280000000 (Series C)
• Ankorstore:
$100000000 (Series B)
• Ankorstore:
$30000000 (Series A)
• Quantive:
$120000000 (Series C)
• Swile:
$200000000 (Series D)
• Swile:
$79000000 (Series C)
• Swile:
$34000000 (Series B)
• Bloom & Wild:
$42000000 (Series D)
• Bloom & Wild:
$100000000 (Series D)
• yhangry:
$2000000 (Pre Seed)
• cargo.one:
$42000000 (Series B)
• cargo.one:
$19000000 (Series A)
• flatfair:
$11000000 (Series A)
• Revolut:
$250000000 (Series C)
• Revolut:
$66000000 (Series B)
• Revolut:
(Series A)
• Revolut:
$5000000 (Seed)
• Deliveroo:
$98000000 (Series F)
• Deliveroo:
$390000000 (Series F)
• Deliveroo:
$100000000 (Series D)
• Deliveroo:
$70000000 (Series C)
• Deliveroo:
$25000000 (Series B)
• Deliveroo:
$5000000 (Series A)
• Drivy:
$35000000 (Series B)
• Drivy:
$9000000 (Series A)
• Drivy:
$8000000 (Series A)
• Trainline Europe:
$7000000 (Series B)
• Trainline Europe:
$3000000 (Series A)
• Trainline Europe:
$2000000 (Seed)
• BlaBlaCar:
$100000000 (Series C)
• The Family:
$1000000 (Seed)
• The Family:
(Seed)
• Algolia:
$2000000 (Seed)
• SwiftKey:
$18000000 (Series B)
• Rad:
$3000000 (Series A)
Martin Mignot
London - New York, U.S.A. - U.K. - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Iceland,
Martin Mignot serves as a Partner at Index Ventures. He also serves as Advisory Board Member at TheFamily. He specialises in SaaS, marketplaces, bitcoin and mobile. He worked on 50+ transactions to date, including Assistly, Auxmoney, BaseCRM, Cloud.com, Codecademy, DimDim, Factual, Farfetch, Flipboard, Funding Circle, Gluster, HouseTrip, Just Eat, Lookout, Nasty Gal, Notonthehighstreet, onefinestay, PeoplePerHour, TrustPilot, Soluto and SoundCloud. He is actively looking after Index's investments in Algolia, Capitaine Train, Drivy, Rad and Swiftkey. Prior to joining Index, Martin was in the TMT team at UBS Investment Bank and cofounded the beauty subscription business Boudoir Prive (acquired by Joliebox/Birchbox) and a student web radio service.
Rna Bouius
Investing in Software (Web Marketplace Saas..) &b...
API
E-Commerce
Education
Enterprise
Fintech
Food and Beverage
Future of Work
Gaming
Government Technology
Hardware
Health and Wellness
Healthcare/Medtech
Industrial
Internet and Mobile
IoT
Life Sciences
Productivity
Proptech/Real Estate
Robotics
SaaS
Social
Supply Chain/Logistics
Transportation
Travel/Hospitality
Maxime Paradis
Investing in Software (Web Marketplace Saas..) &b...
+568
