France
European tech funding profile
Funding over time
2010–2026 · 2026 YTD — € raised vs roundsAI analysis mentioning France
AI-generated · every figure citedFrance and Germany Both Lose Ground in Capital Terms
France saw funding fall from €3,106M (50 deals) to €2,251M (67 deals) — a decline of €855M (-28%) — while deal count actually rose by 17, indicating smaller average deal sizes. Germany declined from €…
Deal volume flat, but capital deployed jumps 21%
The recent 90-day window recorded 817 deals versus 814 in the prior period — essentially unchanged (+0.4%) — yet total capital rose from €19.04B to €23.09B, a €4.05B increase. This divergence indicate…
UK captures nearly half of all European capital, led by a single infrastructure round
The UK raised €11,329M across 202 deals, representing 49% of the €23.09B period total. The next largest market, Germany, raised €2,657M — less than a quarter of the UK figure. Pure Data Centres' €2,32…
Sweden and Finland punch above their deal-count weight on capital per round
Sweden recorded 37 deals for €1,508M (~€41M average) and Finland 32 deals for €1,094M (~€34M average). Spain, with the same 71 deals as France, raised only €1,042M (~€15M average) versus France's €2,2…
Top performing sectors
by € raised| Software | €14B | |
| Fintech | €9.5B | |
| Transportation | €8.4B | |
| Healthtech | €7.7B | |
| AI | €6.2B | |
| Energy | €6.1B |
Top sectors
by deal countStage mix
by € raisedTop deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| Automotive Cells Company (ACC) | Debt | Feb 2024 | €4.4B |
| Verkor | Series C | Sep 2023 | €2.0B |
| Mistral AI | Other | Sep 2025 | €1.7B |
| Ubisoft | Other | Mar 2025 | €1.2B |
| Eutelsat | Debt | Feb 2026 | €975M |
| Advanced Machine Intelligence (AMI) | Seed | Mar 2026 | €885M |
| Mistral AI | Debt | Mar 2026 | €723M |
| Mistral AI | Debt | Jun 2024 | €600M |
| Sorare | Series B | Sep 2021 | €579M |
| HR Path | Debt | Jul 2024 | €500M |
Top investors
named, by deal count| Bpifrance | 582 |
| Kima Ventures | 279 |
| Partech Ventures | 139 |
| Alven Capital | 132 |
| Elaia Partners | 116 |
| IDInvest Partners | 106 |
| XAnge | 99 |
| Eurazeo | 82 |
| ISAI | 77 |
| Serena Capital | 73 |
Top cities
by € raised| Paris | €56B | 3,270 | |
| Grenoble | €3.5B | 91 | |
| Montreuil | €1.4B | 20 | |
| Lyon | €1.1B | 134 | |
| Toulouse | €842M | 62 | |
| Levallois-Perret | €777M | 32 | |
| Nantes | €711M | 67 | |
| Evry | €535M | 8 |