France startup funding
European tech funding profile
4,187 startups in France have closed 5,725 funding rounds and raised €73B in equity funding (excluding debt and grants) and recorded 567 exits. Debt rounds added €11B. Software is the most active sector, and Bpifrance is the most active investor. Data as of 6 Nov 2026.
#3 in Europe by equity raised — 11.8% of all European startup equity funding.
Funding over time
2010–2026 · 2026 YTD — equity € raised vs roundsData table
| Equity | Rounds | |
|---|---|---|
| 2010 | €415M | 121 |
| 2011 | €293M | 113 |
| 2012 | €445M | 115 |
| 2013 | €548M | 165 |
| 2014 | €672M | 179 |
| 2015 | €1.5B | 240 |
| 2016 | €2.7B | 586 |
| 2017 | €2.8B | 691 |
| 2018 | €3.6B | 538 |
| 2019 | €3.3B | 269 |
| 2020 | €4.7B | 283 |
| 2021 | €10B | 412 |
| 2022 | €12B | 440 |
| 2023 | €8.0B | 411 |
| 2024 | €5.2B | 300 |
| 2025 | €7.6B | 286 |
| 2026 | €8.4B | 212 |
AI analysis mentioning France
AI-generated · figures verified · not investment advicePigment closes €223M Series D+
French software company Pigment raised a €223M Series D+ round dated 21 October 2026, one of the larger late-stage rounds in the French market over the past 30 days.
France's 90-day funding more than doubles to €4.1B
France raised €4.05B over the last 90 days, up from €1.97B in the prior 90 days, a 2.1x increase, even as deal count fell from 70 to 54.
France's capital raised rises 96% to €4.4B despite fewer deals
France raised €4.39B in the recent 90-day window versus €2.24B in the prior period, a rise of 96%, while deal count fell from 67 to 39.
Mistral AI closes €3B round
French AI company Mistral AI closed a €3B Series D+ round dated 8 September 2026, the largest deal in the 30-day window and the main driver behind France's €3.28B total over that period across 7 deals…
Top performing sectors
by € raised| Software | €14B | |
| Fintech | €10B | |
| AI | €9.3B | |
| Transportation | €8.4B | |
| Healthtech | €8.0B | |
| Energy | €6.1B |
Top sectors
by deal countData table
| France — top sectors | |
|---|---|
| Software | 1,227 |
| Healthtech | 626 |
| Fintech | 570 |
| Marketing | 437 |
| Media | 348 |
| Transportation | 341 |
| Consumer | 242 |
| E-commerce | 227 |
| Foodtech | 217 |
| Cleantech | 206 |
Stage mix
by € raisedData table
| France — stage mix | |
|---|---|
| Other | €29B |
| Series D+ | €13B |
| Debt | €11B |
| Series B | €8.9B |
| Series C | €7.7B |
| Series A | €7.7B |
| Seed | €3.5B |
| Growth/Late | €2.4B |
| Early VC | €1.2B |
| Grant | €514M |
| Pre-Seed | €214M |
| Crowdfunding | €32M |
| ICO | €2.0M |
Top deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| Automotive Cells Company (ACC) | Debt | Feb 2024 | €4.4B |
| Mistral AI | Series D+ | Sep 2026 | €3.0B |
| Verkor | Series C | Sep 2023 | €2.0B |
| Mistral AI | Other | Sep 2025 | €1.7B |
| Ubisoft | Other | Mar 2025 | €1.2B |
| Eutelsat | Debt | Feb 2026 | €1.0B |
| 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 |
Top investors
named, by deal count| Bpifrance | 597 |
| Kima Ventures | 284 |
| Partech Ventures | 143 |
| Alven Capital | 133 |
| Elaia Partners | 118 |
| IDInvest Partners | 106 |
| XAnge | 101 |
| Eurazeo | 84 |
| ISAI | 80 |
| Serena Capital | 75 |
Top cities
by € raised| Paris | €61B | 3,339 | |
| Grenoble | €3.5B | 91 | |
| Montreuil | €1.4B | 20 | |
| Lyon | €1.1B | 137 | |
| Toulouse | €852M | 63 | |
| Levallois-Perret | €777M | 32 | |
| Nantes | €711M | 67 | |
| Evry | €535M | 8 |