Dealroom – France Tech Update, 1Q 2024

In the first quarter of 2024, the most funded startup industry in France is Transportation, surpassing Health and Fintech. This growth is driven by various deals, including companies like Electra, Unseenlabs, and Exoès. Electric mobility, EV charging, and GenAI are the most funded frontier tech segments in France. The country is also home to 25 funded startups working on Generative AI. France ranks seventh globally in VC investment in 2024 and is third in Europe. Paris is the second-largest tech hub in Europe by VC investment, with $1.2B raised in Q1 2024, accounting for 71% of all French venture capital.