France
The latest startup and technology news coming out of France.
Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million).
France’s data privacy watchdog, the CNIL, has fined Amazon’s logistics subsidiary in France €32 million, or $35 million at today’s exchange rate. The CNIL says that Amazon France Logistique has…
Last year wasn’t the best year for crypto companies. According to PitchBook data, VC investments in crypto companies are down by 68% in 2023 compared to 2022. To be fair,…
It’s not often that you see a $300 million+ Series B round that is entirely in equity. And yet, Paris-based startup Electra just raised a $330 million (€304 million) Series…
I would be lying if I said that mixed reality and generative AI were two of my favorite things. And yet, a Christmas Day TV special made me unexpectedly bullish…
Nabla raises another $24 million for its AI assistant for doctors that automatically writes clinical notes
Paris-based startup Nabla just announced that it has raised a $24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures — the corporate VC fund…
Spotify starts ‘disinvesting’ in France in response to new music-streaming tax
Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating in France, and threatened more action will follow in the…
Amo, the buzzy Paris-based startup that keeps releasing consumer social apps, is dropping its third app today. And it’s going to look really familiar to former users of Zenly as…
For a VC firm, the second fund is a make-or-break moment. With the initial fund, you raise money based on an investment thesis because you don’t have any track record,…
Procurement software startup Pivot raises $21.6 million just a few months after its creation
French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe. After raising a $5.3 million pre-seed…
Just a couple of weeks after announcing $22 million in fundraising, Paris-based startup studio Hexa is expanding beyond its studio model to partner with later-stage companies that have already found…
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to…
Featured Article
With its second app, Amo wants to make photo sharing as simple as taking a photo
Less than three weeks ago, French startup Amo released ID. As I hinted in my article covering this much-anticipated launch, ID was Amo’s first idea. Today, the social consumer startup is releasing its second app, called Capture. Once again, this new app will be dissected by social app enthusiasts and…
Pimento is a new French startup that is using generative AI in an interesting way, as the company focuses on the first step of creative processes — ideation, brainstorming and…
You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And…
Carbon Maps is a relatively new entrant in the carbon and environmental accounting space as it is less than one year old. But the French company has already secured $7.6…
For the past decade, three companies have been building full-fledged e-book ecosystems with devices, apps and digital bookstores all working perfectly together — Amazon, Rakuten and a tiny company called…
French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the…
You might not be familiar with Hexa, the Paris-based startup studio that has launched dozens of B2B software companies, but some of its portfolio companies have become well-known unicorns, such…
Luko’s parent company, Demain ES, will be put for sale via a legal notice in the newspaper after Admiral abandoned ship.
While everybody is trying to figure out how artificial intelligence can be leveraged across various industries, French startup Osium AI has found an interesting use case for AI — research…
French startup Callyope isn’t your average startup as it is addressing a very hard problem in a highly regulated industry. The startup is building a remote patient monitoring platform for…
French startup Indy has recently closed a new funding round of $44 million (€40 million), with BlackFin Capital Partners leading the round. Indy started as an automated accounting platform for…
Featured Article
With Amo, the founder of Zenly wants to make social apps social again
In 2018, I wrote a TechCrunch article stating that 2018 was “the year social networks were no longer social.” Reflecting on that article, I’m not sure that 2018 was the turning point. But the premise of the article still holds up well. At some point, social networks were no longer…
Kyutai is a French AI research lab with a $330 million budget that will make everything open source
This morning at Scaleway’s ai-PULSE conference, French billionaire and Iliad CEO Xavier Niel gave some extra details about his plans for an AI research lab based in Paris. This new…
Divisions over how to set rules for applying artificial intelligence are complicating talks between European Union lawmakers trying to secure a political deal on draft legislation in the next few…
Upway, the French startup that refurbishes and resells electric bikes and recently launched in the U.S., has brought on new funding at a higher valuation than its previous round. The…
Ida is a relatively new French startup that wants to work with supermarkets and grocery stores to optimize new orders of fresh products, such as fruits, vegetables, meat, poultry and…
Every year, hundreds of (very) early-stage startups choose to participate in one of the startup programs of Station F, an iconic startup campus based in Paris. And Station F has…
Giskard is a French startup working on an open source testing framework for large language models. It can alert developers of risks of biases, security holes and a model’s ability…
