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Record fundraising for French tech startups

2021-11-18T18:40:12.782Z


DECRYPTION - More and more French start-ups are joining the club of unicorns, these companies valued at more than 1 billion euros.


Young tech companies are celebrating all over the world, attracting more and more capital from investment funds.

French start-ups are taking full advantage of this effervescence.

Over the year as a whole, they should attract more than 10 billion euros.

A record, almost twice the amounts raised in 2020 (5.34 billion).

“France is catching up with the United States, but also Great Britain and Germany,”

notes Marc Menasé, founder of the Founders Future fund.

French start-ups are benefiting from the acceleration of the digitalization of society.

“They are doing pretty well commercially,”

notes one connoisseur.

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"These companies have above all reached a certain maturity with a significant size,"

explains Thierry Mennesson, partner at Oliver Wyman.

And they have more projects abroad, which they lacked to arouse the appetite of international investors and thus achieve fundraising.

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Source: lefigaro

All business articles on 2021-11-18

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