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 529 VC firms in France investing in Retail on Angels Partners

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Omri Benayoun
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
Investor Picture
Previous Investments
  • M: (Files)
  • CoachHub: $30070000 (Later stage VC)
  • ZOLAR: $29590000 (Later stage VC)
  • Acorus Networks: $6000000 (Early stage VC)
  • Herzsache:
  • Exporo: (mid stage)
  • Evaneos: (late stage)
  • Cintoo: $40000000 (Series B)
  • UpSlide: (Series Unknown)
  • Prolific: $32000000 (Series A)
  • Billogram: $15000000 (Series Unknown)
  • Billogram: $45000000 (Series Unknown)
  • Skello: $47000000 (Series B)
  • Rohlik: $120000000 (Series C)
  • Rohlik: $230000000 (Series B)
  • M-Files: $82000000 (Series C)
  • M-Files: $37000000 (Series B)
  • Brevo: $160000000 (Series B)
  • Brevo: $36000000 (Series A)
  • NA-KD.com: $23000000 (Series B)
  • NA-KD.com: $45000000 (Series B)
  • Urban Sports Club: (Series B)
  • MADE: $56000000 (Series D)
  • MADE: $60000000 (Series C)
  • EcoVadis: (Series Unknown)
  • EcoVadis: $32000000 (Series Unknown)
  • The Bouqs Company: $24000000 (Series C)
  • Brandwatch: $33000000 (Series C)
  • FreedomPop: $10000000 (Series B)
  • FreedomPop: $30000000 (Series B)

Omri Benayoun

Paris, France

Investing In

Software (Web Marketplace Saas..) • Retail (& E-Commerce) • Cosmetics (& Fashion) • IoT (& Wearables) • Cloud Services (& Infrastructure) • Payments

Description

General Partner - Growth fund at Partech

General Partner at Partech

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Jean-David Benichou
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
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Previous Investments
  • WeMoms: $670000 (Seed Round)
  • Hubware:
  • fintel.fr:
  • AXYN Robotique: (mid stage)
  • Dropcontact.io: (mid stage)
  • GOURMEY:
  • Sport Quantum: (early stage)
  • Uplaw: (early stage)
  • VOXSQUARE:
  • Archidvisor: (early stage)
  • Arianee: (early stage)
  • BTU, Lab 808:
  • Deepcoding:
  • Kourts: (early stage)
  • Spacemesh.io:
  • Worthy.com: (late stage)
  • Chouette: (early stage)
  • French Food Capital:
  • Kiwibox:
  • Level-Up: (early stage)
  • Levitection:
  • Shapr: (mid stage)
  • SIDE CAPITAL: (early stage)
  • UVEye: (mid stage)
  • Weglot: (early stage)
  • YUNIKON PRODUCTION: (early stage)
  • Demooz SAS: (mid stage)
  • Juliedesk:
  • Qonto: (early stage)
  • Regaind (acquired):
  • YouShould (acquired):
  • Revelator Ltd.: (mid stage)
  • Club Seror: (early stage)
  • Angage:
  • MobiquiThings (acquired):
  • Netmessage (acquired):
  • ViaDialog - Customer Interaction Management: (early stage)
  • Via.io:
  • Digicall:
  • Effidata: (early stage)
  • I-media (acquired):
  • WeWatches: $820000 (Seed)
  • Biomemory: $5000000 (Seed)
  • Fydem: $1000000 (Seed)
  • Fitfully: $450000 (Seed)
  • SimpliField, a Field Agent company: $450000 (Seed)

Jean-David Benichou

Paris, France

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • Cosmetics (& Fashion)

Description

Entrepreneur & Business Angel

President, Via.io


Jean-David Benichou is the Founder and serves as a President at Via.Io. He also is an Angel Investor. He serves as Board Member of Revelator. He co-founded Club Seror. Previously, he served as an Investment Advisor at CanalStart. He served as Board Member at Gulf Capital. He Founded, Co-founded and invested in over 30 companies. he is an entrepreneur since the age of 22. Curious, Enthusiast & Optimistic.

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Guillaume Montard
Investing in Retail (& E-Commerce) • Web Sec...
 Paris France - France, United States
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Previous Investments
  • Wecasa (home service delivery): $280000 (Seed Round)
  • Kard: (early stage)
  • Bearer: (early stage)
  • Upflow: (early stage)
  • comet: (early stage)
  • daphni: (early stage)
  • Sqreen: (early stage)
  • Wecasa.fr: (early stage)
  • Vodeclic, a Skillsoft Company: (late stage)
  • Ye-Do:
  • EBAMed: (early stage)
  • Innogest Capital:
  • MedLumics, S.L.: (late stage)
  • Anaconda BioMed: (early stage)
  • CV Lab - Cardiovascular Laboratory: (early stage)
  • Medyria: (early stage)
  • Endosense: (early stage)

Guillaume Montard

Paris France - France, United States

Investing In

Retail (& E-Commerce) • Web Security (& Privacy)

Description

Co-Founder & CEO at Bearer.sh

Guillaume Montard is a Co-Founder and serves as Chief Technology Officer at Vodeclic. He is also a Co-Founder and serves as Chief Executive Officer at Bearer. He is the architect of the technology that powers the Vodeclic solution. He heads up the Research and Development team, ensuring that as much attention is given to the user experience as the solution's technical performance, and is a member of the supervisory committee. Guillaume is an IT engineering graduate from ESIEA and received his Master's in Systems Information Management and Web-marketing from ESC Grenoble. He has also published an introductory guide to using the internet (published by First Interactive).

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Alexandre Ricardo
Investing in Retail (& E-Commerce)
 , France
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Previous Investments
  • la marque en moins: (early stage)
  • La marque en moins: (early stage)
  • Anticafé: (late stage)
  • AD2C Consulting:
  • crème de la crème: (mid stage)
  • ELDOTRAVO: (early stage)
  • Happydemics: (mid stage)
  • Hosman:
  • Hubstairs: (early stage)
  • Ouistock: (mid stage)
  • WeMoms: (mid stage)
  • ARTEAM Consulting:

Alexandre Ricardo

, France

Investing In

Retail (& E-Commerce)

Description

Investor | Board Member | Operating Partner

Investor | Board Member | Operating Partner

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Thomas Ollivier
Investing in Retail (& E-Commerce) • Insuran...
 , France
Investor Picture
Previous Investments
  • thecamp: (mid stage)
  • Yescapa: (mid stage)
  • GuestToGuest: (mid stage)
  • MesDépanneurs.fr: (early stage)
  • Valoo: (early stage)
  • Koolicar: (mid stage)

Thomas Ollivier

, France

Investing In

Retail (& E-Commerce) • Insurance (& InsurTech)

Description

Responsable Développement et Partenariats groupe MAIF - CEO Maif Start Up Club - - Administrateur Altima -

Responsable Développement et Partenariats groupe MAIF - CEO Maif Start Up Club - - Administrateur Altima -

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Olivier De Tremaudan
Investing in Retail (& E-Commerce) • Enterta...
 , France
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Previous Investments
  • Spring Invest: (mid stage)
  • WINETAILORS: (late stage)
  • Hardloop: (early stage)
  • Prêt à Pousser: (mid stage)
  • Les Trois Pinardiers: (early stage)
  • PolyNeuroS SA:
  • Vente Du Diable.com: (early stage)

Olivier De Tremaudan

, France

Investing In

Retail (& E-Commerce) • Entertainment (& Sports) • Consumer

Description

Conseil & Investissement

Conseil & Investissement

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Eric Le Bihan
Investing in Retail (& E-Commerce)
 , France
Investor Picture
Previous Investments
  • MEDYLINK: (late stage)
  • Cloud4Wi: (early stage)
  • Yellowsat: (early stage)
  • Freemax SpA:
  • EASYCARE: (early stage)
  • MeZZotel:
  • Parla.it:

Eric Le Bihan

, France

Investing In

Retail (& E-Commerce)

Description

President VIZYON

President VIZYON

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Mohamed Abdesslam
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
Investor Picture
Previous Investments
  • CircleUp: (mid stage)
  • The Wing: (early stage)
  • HireVue: (late stage)
  • Carbon Black, Inc.:
  • Lattice Engines: (mid stage)
  • Acton Pharmaceuticals, Inc.:
  • eCardio Diagnostics: (mid stage)
  • ZirMed:
  • MAIF AVENIR: (mid stage)
  • Snips: (mid stage)
  • Ulule: (late stage)
  • Business Table: (early stage)
  • Camif-Matelsom: (mid stage)
  • Citizen Capital: (early stage)

Mohamed Abdesslam

Paris, France

Investing In

Software (Web Marketplace Saas..) • Education • Retail (& E-Commerce) • Insurance (& InsurTech) • Logistics (& Distribution)

Description

VC Director at MAIF Avenir

Partner at Go Capital

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Stephanie Hospital
Investing in Software (Web Marketplace Saas..) &b...
 Paris France, France
Investor Picture
Previous Investments
  • Jellysmack: $14000000 (Later stage VC)
  • WeLink (Business/Productivity Software): $4980000 (Early stage VC)
  • Woonivers:
  • Zar: (mid stage)
  • ExactCure:
  • France Digitale: (late stage)
  • Hoomano: (mid stage)
  • Loopsider: (early stage)
  • Studytracks: (mid stage)
  • Yogosha: (mid stage)
  • Zyl: (mid stage)
  • Antescofo: (early stage)
  • Glose: (mid stage)
  • MatchTune:
  • onoff Telecom: (mid stage)
  • Phantombuster:
  • Woleet: (mid stage)
  • Gestoos: (late stage)
  • Make.org: (early stage)
  • #NOM?: (early stage)
  • Zenly, Inc.: (mid stage)
  • OneRagtime: (early stage)
  • dailymotion: (late stage)

Stephanie Hospital

Paris France, France

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Retail (& E-Commerce) • Entertainment (& Sports) • Web Security (& Privacy) • Mobile

Description

Founder and Ceo OneRagtime

Founder and Ceo OneRagtime

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Joseph Sartre
Investing in Software (Web Marketplace Saas..) &b...
 San Francisco Bay Are..., U.S.A. - France
Investor Picture
Previous Investments
  • Cargo: $22000000 (Series A)
  • Cargo: $6000000 (Seed)
  • Cargo: $1000000 (Seed)

Joseph Sartre

San Francisco Bay Area - New York, U.S.A. - France

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • Retail (& E-Commerce) • Cosmetics (& Fashion) • A.I. (& Big Data) • Online Social • Consumer

Description

Most Interested In

I led investments in companies such as Cargo, Selfmade, Oto.ai and Fordays. Fascinated about the intersection of Technology and Commerce, I spend my time looking at technology infrastructure of the retail and commerce spaces as well as new models and marketplaces all enabling better consuming.

Not Interested In

I don’t invest in healthcare and biotechnology.

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Guillaume Dupont
Investing in Software (Web Marketplace Saas..) &b...
 Paris France, France
Investor Picture
Previous Investments
  • Wizbii: $11650000
  • DreamQuark: (mid stage)
  • InterCloud: (mid stage)
  • Adents: (late stage)
  • Deolan: (late stage)
  • Alternative Vision Of Business (AVOB): (mid stage)
  • miLibris: (early stage)
  • CapHorn Invest: (early stage)

Guillaume Dupont

Paris France, France

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Media • Hardware (& Manufacturing) • Retail (& E-Commerce) • A.I. (& Big Data) • Blockchain (& Cryptos) • Insurance (& InsurTech)

Description

Founder and Partner at CapHorn (VC)

Guillaume Dupont is Partner and co-founder of CapHorn Invest Guillaume (X, Stanford) began his career in the venture capital team of Crédit Agricole Private Equity before joining Schneider Electric Ventures as investment director in 2007. He has gained extensive experience in the analysis, financing and monitoring of innovative young companies working with some such as Novaled, Supersonic Imagine, Amsterdam Molecular Therapeutics, Temis, Metabolic Explorer, Open Wide, Tiempo or Jet Metal Technologies.

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Clara Audry (Bailly)
Investing in Retail (& E-Commerce)
 , France
Investor Picture
Previous Investments
  • Storelift: (early stage)
  • Worldia: (late stage)
  • Bird Office: (mid stage)
  • Brand and Celebrities: (late stage)
  • CAP HORN: (late stage)
  • FINALCAD: (late stage)
  • France Digitale: (late stage)
  • DELAMAISON: (mid stage)
  • Konbini: (early stage)

Clara Audry (Bailly)

, France

Investing In

Retail (& E-Commerce)

Description

VC at CAP HORN

VC at CAP HORN

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