Venture Funding in France Holds Steady, Driven by AI Startups

Venture Funding in France Holds Steady, Driven by AI Startups
The latest report from 20VC highlights the stability of venture funding in France, with €7.1 billion raised in 2024, a slight increase from €6.8 billion in 2023. Despite a significant drop from the €11.8 billion raised in 2022, artificial intelligence now accounts for 27% of this funding, with AI startups seeing an 82% increase year-over-year. However, non-AI funding has declined by 11%. France remains the third-largest tech ecosystem in Europe, and 45 unicorns exist, underscoring both challenges and opportunities in the sector amid a changing economic landscape.