In 2021, French start-ups attracted 11.5 billion euros in investments and already 2 billion in January.
After reaching a first level in 2020, fundraising by French start-ups started up again in 2021, reaching 11.57 billion euros, according to the EY barometer. A national record. And 2022 is off to a flying start, with almost 2 billion euros in investments since the 1er January. With the new announcements expected this week, France will have seen the birth of six new unicorns this month. This brings the total number of these start-ups valued over $1 billion to 25. The target of 25 unicorns in 2025 set three years ago by the government will be largely exceeded. This acceleration of history is part of the logic of how venture capital works. Indeed, the avalanche of good news for French tech is due to several factors.
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“There is both a catch-up phenomenon and a unicorn effect. The more unicorns in an ecosystem, the more money there is to fund new ones, explains Franck Sebag…