The Limited Times

Now you can see non-English news...

The crisis halts French Tech fundraising

2022-05-16T18:39:08.096Z


The plunge in the Nasdaq leads to a fall in the valuations of French start-ups in search of new money.


"Return to normal", "mini-crash", "paradigm shift"...

Whatever the chosen vocabulary, the conclusion is the same.

The days of record fundraising, with stratospheric company values ​​relative to their revenues, are behind us.

A veritable tsunami is shaking technology companies.

The ground swell has started on Wall Street and is affecting the entire ecosystem.

See also

Fundraising records for French Tech

The first consequences are beginning to be felt in France.

After a fanfare start to the year, with 5.1 billion euros raised by French start-ups during the first quarter, the situation has suddenly become tense.

Especially since these figures are misleading.

Several companies, such as Ankorstore, Payfit, Qonto or Exotec, had completed their operation in 2021, but waited until January to announce it, wanting to be

"the first French unicorn of the year"

, or

"the twenty-fifth tricolor unicorn”

.

This time lag is also used by companies to start…

This article is for subscribers only.

You have 86% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-05-16

You may like

News/Politics 2024-03-05T18:47:09.749Z
Business 2024-02-27T05:14:17.258Z

Trends 24h

News/Politics 2024-03-27T16:45:54.081Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.