France Startup Ecosystem

Overview

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.

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We found 3,957 Startup Investors in France on Angels Partners

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Mark Williamson
Investing in Online Social
 Los Altos - California, U.S.A. - 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, Monaco
Investor Picture
Previous Investments
  • MasterClass: (mid stage)
  • RestoreHealth.com:
  • Zoodles: (early stage)
  • Tastemakers, Inc. (Shelfari.com):
  • Xip: $5000000 (Seed)
  • Hivemapper: $18000000 (Series A)
  • Tylko: $26000000 (Series C)
  • Fieldwire: $1000000 (Seed)
  • Spool: (Seed)
  • Tule: (Seed)
  • SendHub: (Series Unknown)
  • Kamcord: $15000000 (Series B)
  • Kamcord: $10000000 (Series A)
  • Kamcord: $2000000 (Seed)
  • Orion Labs: (Seed)
  • Patients Know Best: (Seed)
  • Remitly: $750000 (Seed)

Mark Williamson

Los Altos - California, U.S.A. - 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, Monaco

Investing In

Online Social

Description

COO & Board Member at MasterClass

COO & Board Member at MasterClass


Founder @restorehealth @zoodles (acq by HTC), @shelfari (acq by Amazon)• Edu @massachusetts-institute-of-technology, @university-of-illinois-urbana-champaign

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Scott Sage
Investing in Software (Web Marketplace Saas..) &b...
 London, U.K. - France - Germany - Sweden - Denmark - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland
Investor Picture
Previous Investments
  • Harbr | Data. Enabled.: (early stage)
  • Senseon: (early stage)
  • ThoughtRiver: (early stage)
  • Crane Venture Partners: (early stage)
  • Trustpilot: (late stage)
  • DFJ Esprit: (mid stage)
  • Gable: $7000000 (Seed)
  • Raito: $4000000 (Seed)
  • Next Matter: $16000000 (Series A)
  • Lune Climate: $4000000 (Seed)
  • Re:infer: $8000000 (Seed)
  • 7bridges: $17000000 (Series A)
  • 7bridges: $3000000 (Seed)
  • Timeseer.AI: $6000000 (Seed)
  • ZenML: $3000000 (Seed)
  • Cerbos: $3000000 (Seed)
  • Triggermesh: $5000000 (Seed)
  • Triggermesh: $3000000 (Seed)
  • Lyst: $85000000 (Series D)
  • Lyst: $40000000 (Series C)
  • Lyst: $14000000 (Series B)
  • Lyst: $5000000 (Series A)
  • OpenSensors: $4000000 (Seed)
  • OpenSensors: (Seed)
  • Axiom: $4000000 (Seed)
  • Onfido: $100000000 (Series D)
  • Onfido: $25000000 (Series C)
  • Limio: $420000 (Seed)
  • Avora: $7000000 (Series A)
  • Avora: $2000000 (Seed)
  • Tessian: $13000000 (Series A)
  • Tessian: $3000000 (Seed)
  • SportPursuit: $14000000 (Series C)
  • SportPursuit: $8000000 (Series B)
  • SportPursuit: $2000000 (Series A)
  • Bloom & Wild: $4000000 (Series A)
  • Bitbar: (Series A)
  • Bitbar: $3000000 (Series Unknown)
  • ADAY: (Seed)
  • Conversocial: $5000000 (Series A)
  • Conversocial: $3000000 (Series A)
  • Conversocial: $1000000 (Series A)
  • Conversocial: $2000000 (Series A)
  • Campanja: $5000000 (Series A)
  • StrikeAd: $7000000 (Series A)
  • Datahug: $4000000 (Series A)
  • LLUSTRE: (Seed)

Scott Sage

London, U.K. - France - Germany - Sweden - Denmark - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • Web Security (& Privacy)

Description

Co-founder and Partner at Crane Venture Partners

Co-founder and Partner at Crane Venture Partners

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Ragnar Sass
Investing in CleanTech • Blockchain (& Crypt...
 , U.S.A. - 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, Monaco
Investor Picture
Previous Investments
  • Modash: $90000 (Seed Round)
  • WebARX:
  • Maidla Nature Resort:
  • Salto Network:
  • LIFT99: (early stage)
  • Yoisho OÜ:
  • Estonian Startup Leaders Club:
  • Garage48 Foundation: (early stage)
  • Pipedrive: (early stage)
  • OÜ United Dogs and Cats:
  • MX Labs: $2000000 (Seed)
  • MX Labs: $500000 (Pre Seed)
  • MX Labs: $2000000 (Seed Round)
  • FarsightVision: $670000 (Seed)
  • Alvin: $6000000 (Seed)
  • Around: $4000000 (Seed)
  • BeTRITON: $110000 (Pre Seed)
  • BeTRITON: $210000 (Pre Seed)
  • SegmentStream: $3000000 (Seed)
  • Shen.AI @ MX Labs: $3000000 (Seed)
  • Shen.AI @ MX Labs: $500000 (Pre Seed)
  • Planet42: $6000000 (Seed)
  • Planet42: $2000000 (Seed)
  • Awesomic: $2000000 (Pre Seed)
  • Awesomic: (Angel)
  • Ampler Bikes: $9000000 (Series Unknown)
  • Legal Nodes: $300000 (Pre Seed)
  • Introwise: $340000 (Pre Seed)
  • LightCode Photonics: $520000 (Pre Seed)
  • Airly: $3000000 (Seed)
  • Corner Renovation: $450000 (Pre Seed)
  • Hirio: $400000 (Pre Seed)
  • Vok Bikes: $970000 (Pre Seed)
  • Single.Earth: (Pre Seed)
  • Woola: $550000 (Angel)
  • Outfunnel: $2000000 (Pre Seed)
  • Outfunnel: (Pre Seed)
  • Sentinel: $1000000 (Seed)
  • Clanbeat: $1000000 (Seed)
  • Printify: $3000000 (Seed)
  • Dashbird: $800000 (Seed)

Ragnar Sass

, U.S.A. - 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, Monaco

Investing In

CleanTech • Blockchain (& Cryptos) • Music

Description

Founder & CEO Salto Network * Angel investor * Co-founder Pipedrive CRM

Co-founder & CEO Salto X

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Max Rimpel
Investing in Businesses Solutions
 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,
Investor Picture
Previous Investments
  • 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:
  • Taxfix: (mid stage)
  • arfa, Inc.: (early stage)
  • Personio: (mid stage)
  • ComplyAdvantage: (mid stage)
  • Typeform.com: (late stage)
  • Amigo AI: $6000000 (Seed)
  • Sapien: $9000000 (Seed)
  • Bandana: $9000000 (Seed)
  • Bandana: $4000000 (Seed)
  • Standard Bots: $63000000 (Series B)
  • Orchard Robotics: $3000000 (Seed)
  • Chalk: $10000000 (Seed)
  • ChannelEngine: $50000000 (Series B)
  • Enigma: (Seed)
  • cargo.one: $42000000 (Series B)
  • cargo.one: $19000000 (Series A)
  • Layer: $5000000 (Seed)

Max Rimpel

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,

Investing In

Businesses Solutions

Description

Principal at Index Ventures

Principal at Index Ventures

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Litzie Maarek
Investing in Education • Future Of Work
 Paris, France
Investor Picture
Previous Investments
  • 360 learning:
  • Lunii: (mid stage)
  • Manzalab Group: (late stage)
  • Open Digital Education: (late stage)
  • Educapital: (early stage)
  • SIGFOX:
  • VITechnology:
  • Voluntis:
  • Bpifrance: (early stage)
  • Withings:
  • FSI - Fonds Stratégique d'Investissement:
  • Groupe CARSO:
  • Edflex: $10000000 (Series B)
  • Preply: $49000000 (Series C)
  • FourthRev: $8000000 (Series A)

Litzie Maarek

Paris, France

Investing In

Education • Future Of Work

Description

Managing Partner

Partner and Cofounder at Educapital

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Jim Davidson
Investing in PropTech • AgroTech • Clea...
 Denver - Colorado, U.S.A. - 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, Monaco
Investor Picture
Previous Investments
  • Burke Agro de Nicaragua:
  • MCE Social Capital: (late stage)
  • Dev Equity:
  • CauseLabs: (late stage)
  • Impact Hub Boulder: (early stage)
  • MedClimate:
  • PeakChange: (early stage)
  • Laborfair:
  • Liquidity Capital: $1000000 (Seed)

Jim Davidson

Denver - Colorado, U.S.A. - 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, Monaco

Investing In

PropTech • AgroTech • CleanTech • Impact • Real Estate (& Construction)

Description

President PeakChange

Social Venture Investor, Tech Executive & Leadership Mentor

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AriKorhonen
Investing in Businesses Solutions • FinTech ...
 Helsinki, Finland - 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, Monac
Investor Picture
Previous Investments
  • Polantis: (early stage)
  • PrimaDiag SAS: (early stage)
  • Komartek Oyj:
  • Videobot: $2000000 (Seed)
  • Laserhub: (Series B)
  • Klevu: $12000000 (Series A)
  • Klevu: $6000000 (Series A)
  • Flashnode: $2000000 (Seed)
  • Surveypal: $1000000 (Seed)

AriKorhonen

Helsinki, Finland - 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, Monac

Investing In

Businesses Solutions • FinTech (& Financials services) • Blockchain (& Cryptos) • Payments

Description

Angel investor and entrepreneur

Investor and Senior Advisor at Spintop Ventures


Entrepreneur @komartek (sold to @wm-data, nowadays @cgi). Angel investor. Investments to 30 companies. Three angel exits. Advisor Spintop Ventures. M. Sc. LUT

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Nicolas Autret
Investing in IoT (& Wearables) • A.I. (& Big...
 Paris, France
Investor Picture
Previous Investments
  • AImotive: (mid stage)
  • Graphcore: (early stage)
  • Samsung Catalyst Fund: (mid stage)
  • Sentiance: (mid stage)
  • SOPHiA GENETICS: (late stage)
  • Octonion Technology: (early stage)
  • PROPHESEE: (early stage)
  • Robolution Capital: (mid stage)
  • MusicGurus: (early stage)
  • Twenga Solutions: (late stage)
  • Odoo: (mid stage)
  • Bank of America:
  • ANYbotics: $60000000 (Series B)
  • ANYbotics: $50000000 (Series B)
  • Innoviz Technologies: $65000000 (Series B)
  • mydeco: $15000000 (Series A)

Nicolas Autret

Paris, France

Investing In

IoT (& Wearables) • A.I. (& Big Data) • HealthTech (& Fitness) • Autonomous vehicles (& Cars) • Cloud Services (& Infrastructure) • Robotics

Description

Investment Director at Samsung Catalyst Fund

Investment Director at Samsung Catalyst Fund


Investor in @mydeco, @twenga.

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David Mes
Investing in Software (Web Marketplace Saas..) &b...
 London , San Francisc..., U.S.A. - Germany - U.K. - Israel - France
Investor Picture
Previous Investments
  • AON3D - Industrial Additive Manufacturing Solutions: $2000000 (Seed)
  • AON3D: $2000000 (Seed)
  • otto-js: $5000000 (Seed)
  • BaseVenture: $3000000 (Series Unknown)
  • Swarm Vision: $500000 (Pre Seed)
  • RankMyApp: (Seed)
  • Walnut Algorithms: (Seed)
  • Voxeet: (Seed)
  • SkyLights: $1000000 (Seed)
  • Witty Inc.: (Angel)
  • OneKloud: $250000 (Convertible Note)
  • Trusted Insight: (Series A)
  • FR8Star: $4000000 (Series A)
  • FR8Star: $900000 (Seed)
  • Alchemy: $1000000 (Seed)
  • Zerply: (Seed)

David Mes

London - San Francisco Bay Area - California, U.S.A. - Germany - U.K. - Israel - France

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • FinTech (& Financials services) • Sales (& Marketing) • Web Security (& Privacy) • Analytics • Cloud Services (& Infrastructure) • Developer tools

Description

Most Interested In

Promising B2B technology companies. Key focus: SaaS / enterprise software, fintech, AI.

Not Interested In

Life sciences, capital intensive projects, B2C.


David Mes is a Co-Founder and serves as Managing Partner at Off The Grid Ventures. He also serves as a Venture Partner at US Invest LLC. He was a Co-Founder of Arc Venture Partners and served as a Managing Partner.

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Yigal Jacoby
Investing in Sales (& Marketing) • A.I. (& B...
 , Israel - France
Investor Picture
Previous Investments
  • Niio: (Seed Round)
  • Drupe (Communication Software): $660000 (Seed Round)
  • Fabric, formerly CommonSense Robotics: (early stage)
  • AppsFlyer: (early stage)
  • Cybereason: (early stage)
  • Allot: (early stage)
  • ePilot Mobility: $1000000 (Pre Seed)
  • CryptoTicker: $1000000 (Pre Seed)
  • savedroid: $2000000 (Series Unknown)
  • Nimble Beauty: $10000000 (Seed)
  • DriveU.auto: $4000000 (Seed)
  • KitLocate: $750000 (Seed)
  • Appforma: $2000000 (Seed)

Yigal Jacoby

, Israel - France

Investing In

Sales (& Marketing) • A.I. (& Big Data) • Advertising • Analytics • Autonomous vehicles (& Cars) • Online Social • Consumer

Description

Board member, Early stage investor

Director, Early stage investor

Mr. Yigal Jacoby is a Co-Founder and serves as Chairman of Allot Communications and also serves as its Board Member. He also serves as an Advisor at theDOCK and as Chairman at Manto AI. He serves as Chairman at DriveU.auto. He serves as Board Member at Nimble Beauty.

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William Vermont
Investing in Businesses Solutions • Cloud Se...
 Paris, France
Investor Picture
Previous Investments
  • Pennylane:
  • Ankorstore:
  • Pixpay:
  • Seyna: (early stage)
  • Global Founders Capital: (mid stage)
  • Rocket Internet SE: (late stage)

William Vermont

Paris, France

Investing In

Businesses Solutions • Cloud Services (& Infrastructure)

Description

Investor @GFC (Global Founders Capital)

Principal at ISAI

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Julien-David Nitlech
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
Investor Picture
Previous Investments
  • Staffbase: $2280000
  • Open Xchange:
  • COMPEON: $18240000 (Later stage VC)
  • Braincube (artificial intelligence): $13980000 (Later stage VC)
  • Yubo(Social Content): $12300000 (Later stage VC)
  • Unu: $7500000 (Early stage VC)
  • Secret Double Octopus: $6000000 (Early stage VC)
  • Monk AI:
  • Exotec Solutions: (mid stage)
  • Agorize: (mid stage)
  • ARMIS.TECH: (early stage)
  • Capnamic Ventures: (mid stage)
  • Mailjet: (late stage)
  • V3D: (late stage)
  • COBI – Connected Biking for Everyone.: (early stage)
  • GetSafe App: (early stage)
  • unu GmbH: (early stage)
  • Lookout: (mid stage)
  • Escape: $4000000 (Seed)
  • Spinergie: $12000000 (Series A)
  • Exotec: $330000000 (Series D)
  • Exotec: $90000000 (Series C)
  • Exotec: $18000000 (Series B)
  • Shift Technology: $220000000 (Series D)
  • Shift Technology: $60000000 (Series C)
  • Shift Technology: $28000000 (Series B)
  • Shift Technology: $10000000 (Series A)
  • Shift Technology: $2000000 (Seed)
  • Unu motors: $22000000 (Series B)
  • Unu motors: $12000000 (Series B)
  • Unu motors: $8000000 (Series A)
  • Zeotap: $42000000 (Series C)
  • Zeotap: $13000000 (Series B)
  • Zeotap: $6000000 (Series A)
  • LeanIX: $80000000 (Series D)
  • LeanIX: $30000000 (Series C)
  • LeanIX: $8000000 (Series B)
  • LeanIX: $2000000 (Series A)
  • Monk.ai: $2000000 (Seed)
  • Armis: $7000000 (Series A)
  • Armis: $1000000 (Seed)
  • Influans: $7000000 (Seed)
  • Getsafe: $5000000 (Seed)
  • COBI: $4000000 (Seed)

Julien-David Nitlech

Paris, France

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • IoT (& Wearables) • Cloud Services (& Infrastructure)

Description

Managing Partner, Iris Capital

Julien-David Nitlech serves as a Partner at Iris Capital. He joined Iris Capital in 2013, is mainly focused on early-stage investments in France/Europe, with an expertise in cloud computing, big data, software and mobile. He currently sits on the Boards of Directors of Agorize, Mailjet, Shift Technology and V3D (France). Prior to joining Iris Capital, Nitlech launched and grew the European activities of Apperian, a US start-up that develops and markets a cloud-based mobile application management platform. He started his career in business development for Orange US activities, then led the signature of strategic partnerships between Orange and key vendors on convergence of communications. Nitlech headed Orange's portfolio of fixed and mobile devices on B2C and B2B markets worldwide, and contributed to establishing the Orange/DT joint venture, BuyIn. He is a graduate from Ecole Polytechnique and Telecom ParisTech (Paris, France).

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