France
The latest startup and technology news coming out of France.
For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle.…
Dust grabs another $16M for its enterprise AI assistants connected to internal data
French startup Dust has raised a $16 million Series A funding round led by Sequoia Capital. With Dust, companies can create custom AI assistants and share them with their employees…
Unbabel among the first AI startups to win millions of GPU training hours on EU supercomputers
Four startups will share €1 million in prize money and 8 million GPU hours to train their models on a couple of the bloc’s HPC supercomputers over the next 12…
Tengo untangles the messy world of public sector procurement with AI
Tengo uses AI to find, evaluate and respond to public tenders. It’s a software-as-a-service tool that helps companies handle public tenders at scale — a bit like Govly in the…
Hero wants to save the day for companies facing a working capital crunch
Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate). For the past couple…
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C12, a French quantum computing startup founded by twin brothers, raises $19.4M
C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spinoff from the Physics Laboratory of the École Normale Supérieure, the company has been working on a unique process to create quantum computers based on carbon…
Société Générale to sell its freelancer challenger bank Shine to Ageras
Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In…
There has been a lot of bad news about social media startups lately. Multiple companies, including Twitter alternative Post News, and IRL have shut down. And ShareChat’s valuation has dropped…
Mistral AI has closed its much-rumored Series B funding round, raising €600 million (around $640 million) in a mix of equity and debt.
Kelvin wants to help save the planet by applying AI to home energy audits
French startup Kelvin, which uses computer vision and machine learning to make it easier to audit homes for energy efficiency, has raised $5.1M.
Dealt turns retailers into service providers and proves that pivots sometimes work
Dealt is now building a service platform for retailers instead of end customers.
Less than one year after its iOS launch, French startup ten ten has gone viral with a walkie talkie app that allows teens to send voice messages to their close…
Spotify hikes subscription price in France by 1.2% to match new music-streaming tax
Spotify has hiked its premium subscription in France by an eye-watering €0.13, in response to a new music-streaming tax.
LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal
The deal will give LumApps a big nest egg to make acquisitions and scale its business.
Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…
AniML, the French startup behind a new 3D capture app called Doly, wants to create the Photoroom of product videos, sort of. If you’re selling sneakers on an online marketplace…
The biggest French startups in 2024 according to the French government
The French Secretary of State for the Digital Economy as of this year, Marina Ferrari, revealed this year’s laureates during VivaTech week in Paris. According to its promoters, this fifth…
After multiple delays, Apple and the Paris area transportation authority rolled out support for Paris transit passes in Apple Wallet. It means that people can now use their iPhone or…
It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million…
Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account.
Paris-based VC firm Blisce launches climate tech fund with a target of $160M
Paris-based Blisce has become the latest VC firm to launch a fund dedicated to climate tech. It plans to raise as much as €150M (about $162M).
neuroClues wants to put high-speed eye-tracking tech in the doctor’s office
The eyes aren’t just a window into the soul; tracking saccades can help doctors pick up a range of brain health issues. That’s why French-Belgian medtech startup neuroClues is building…
As VC firms invest more in B2B startups, Intuition is a new VC fund focusing on consumer tech
Intuition, a new VC firm based in Paris, is doing something radical by betting on consumer tech as its exclusive investment vertical.
Carbonfact is a carbon management platform designed specifically for the fashion industry
French startup Carbonfact believes that the best carbon accounting solutions will focus on one vertical. That’s why the company has decided to provide a carbon management and reporting tool exclusively…
It’s still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game you’re playing runs in a data center near you, and the…
Business planning startup Pigment raises $145M in rare French tech mega-round
Paris-based startup Pigment has raised a $145 million funding round just five years after its inception. The enterprise software company offers a business planning platform for large companies to visualize…
After reaching profitability, carpooling platform BlaBlaCar secures $108M debt line
BlaBlaCar is an iconic name in the French startup ecosystem. The carpooling and bus ticketing company has been around for so long that it’s hard to consider it a startup…
French deep tech spinout Diamfab crystallizes hopes for diamond semiconductors to support green transition
Its long-term goal is to make more efficient semiconductors with a lower carbon footprint, while supporting what its CEO refers to as “the electrification of society,” starting with transportation.
This startup believes mobile apps for businesses should work more like consumer apps
Have you noticed the massive gap between consumer and business apps on your phone? While consumer apps are both beautifully designed and easy to use, business apps are simply painful…
Metyos is building a biowearable to monitor chronic kidney disease
Alexandre Boulanger is better known for building self-balancing exoskeletons at Wandercraft. For his next trick, the Paris-based robotics entrepreneur is fronting work on a far lighter kind of wearable: An…
