The main theme of the report is the analysis of venture investments in French startups in the first quarter of 2025.
French startups raised $1.4 billion in Q1 2025. The Breakout stage showed an average of 27 rounds, which is 25% less compared to 2024, but the total investment volume remained strong, approaching $1 billion. The largest funding round in Q1 2025 was secured by the quantum technology startup Alice & Bob ($110 million). Climate technologies, quantum computing, and biotechnology are the most funded segments in the field of advanced technologies in France in Q1 2025. Healthcare became the most funded startup sector in France in 2025.