"We have succeeded in bringing about the emergence in France of a whole ecosystem of seed financing
(first capital contribution to a company, editor's note)
which did not exist"
, welcomes Nicolas Dufourcq, CEO of Bpifrance.
The process took ten years.
Faced with France's shortcomings in supporting innovative young shoots in the start-up phase, the public authorities created in 2011 the National Seed Fund (FNA), the management of which was entrusted to Bpifrance.
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The results are there: in ten years some 600 innovative start-ups have benefited from 1.1 billion euros, of which 750 million have already been disbursed.
"These funds have allowed the hatching of many unicorns"
, adds Nicolas Dufourcq.
In fact, several companies
"emblematic of French Tech"
such as Mirakl (creation of marketplaces), Shift Technology (detection of insurance fraud), Alan (insurance), Ynsect (producer of insect proteins) or Cardiologs (analysis of electrocardiograms), including
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