France's funding falls 43.7% to €1.66B
90 days to 2026-08-20
France recorded €1.66B across 45 deals in the 90 days to 20 August 2026, down from €2.95B across 65 deals in the prior 90-day window — a 43.7% fall in capital and a drop of 20 deals. This leaves France third by recent capital among the countries tracked, behind the UK's €8.49B and Germany's €6.38B, but still ahead of Spain's €1.17B and Sweden's €1.12B. The deal-count decline of 30.8% was proportionally smaller than the capital fall, suggesting the average deal size also contracted. The pattern contrasts with Germany, whose recent total of €6.38B stands 343.4% above its prior €1.44B, and with Spain, up 78.8% to €1.17B from €655M — both moving in the opposite direction to France within the same window. The UK, still the largest market by recent capital, also declined, falling 24.8% from €11.29B to €8.49B across a drop from 202 to 176 deals.
Explore the geographies →AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-08-21). Figures are checked against the underlying data and each draft is reviewed by an independent second model before publishing; anything unverifiable is held back. Not investment advice. Labelled for AI transparency (EU AI Act Art. 50, applicable from 2 Aug 2026).