Paris is becoming a dynamic startup destination and is open for innovation as well as business. The French capital has been a platform for young and aspiring tech startups for quite a while now and has helped them receive enough funding to flourish in the business ecosystem.
The city is home to startups across categories such as cryptocurrency, artificial intelligence, fintech, etc. It is all set to progress into one of the hottest startup hubs in Europe in the coming years.
Here, we list 10 hottest startups in Paris that you need to watch out for in 2019.
OnePark was founded in 2014 by David Vanden Born and Gilles Latouche with the intention to make it simple and easy for drivers to reserve parking space before they reach the destination. OnePark is a mobile app and online platform that helps to book car parking space. It lets users compare, pay and book the parking space for cars in advance. This startup saves a lot of time as it becomes simple to book a car parking space in advance. It raised €15 million funding in the latest round from AccorHotels, Groupe ADP, Keolis and business angels Christophe Courtin and James Blouzard.
Established in 2013 by Ismaël Ould, Wynd offers a point-of-sale solution for restaurants and brick-and-mortar stores. The startup easily integrates into the infrastructure of its clients via APIs, thereby letting clients operate faster. It offers a software-as-a-service platform for the machinery powered by the computer and this helps in managing the client’s inventory, takes care of payments and orders and helps staff prepare orders for the customers. In a recent move, Wynd raised €72 million funding from Natixis, Sofina and BNF Capital.
Contentsquare founded in 2012 by Jonathan Cherki. It is an artificial intelligence powered digital experience insights platform, which intends to help businesses get to know how and why users interact with websites and apps. With the use of big data, artificial intelligence and behavioural data, this startup offers recommendations. The startup raised €52.5 million in Series C recently and aims to use this to speed up its development on a global scale.
Ledger was founded in 2014 by eight techies involved in embedded security. At the recently concluded CES 2019 tech show, this French startup introduced Nano X, its new cryptocurrency hardware wallet. Notably, this is a Bluetooth-enabled wallet, which is accessible from smartphones. It can be controlled in a seamless way through the Ledger Live Mobile app.
Prophesee was founded in 2014 by Bernard Gilly, Christoph Posch and Ryad Benosman. It is a startup that uses artificial intelligence and aims to launch a radical paradigm shift in both vision sensing and processing across various fields of machine vision. This startup that specialises in bio-inspired computer vision solutions raised nearly €34 million to further develop its technology.
Agricool was founded in 2015 by Guillaume Fourdinier and Gonzague Gru. This startup was established with the intention to eradicate the use of chemicals and pesticides that affect the quality of vegetables and fruits and ruin their nutritional value as well as taste. This startup aims to bring about a sustainable and urban Agtech in the future. It intends to bring back the incredible freshness and taste to the yields and keep their nutritional value intact.
Founded in 2017 by Withings co-founder Eric Carreel, Arnaud Le Rodallec and Amira Haberah, Zoov is an electric bike sharing service. A few days back, this startup raised €6 million in an investment round led by Daphni, C4 Ventures, Road Ventures, BNP Paribas Development and the Banque des Territoires. The funding amount will be channelled to start its operations in more cities besides Paris.
Founded in 2013 by Mael Primet, Michael Fester, and Rand Hindi, Snips is an artificial intelligence-based voice platform for the connected devices. It lets companies and manufacturers add a voice assistant to their products. Snips is touted to be on par with Google Assistant and Amazon Alexa. As of now, this startup secured around €22.5 million to develop the AI voice assistant.
Founded in 2013 by Christian Raisson, Philippe de Chanville, ManoMano is a furniture and home decoration startup. This gardening and DIY marketplace has managed to be the leading e-commerce portal in this sector. Till date, this startup has raised nearly €76 million since it was launched with the major funding coming from General Atlantic.
#10 Margo Bank
Established in 2017 by Jean-Daniel Guyot and Michel Galibert, Margo Bank is famous for its ticket-buying app Captain Train. This fintech startup aims at providing small and medium businesses with the necessary smarter digital deposit account services. This startup raised €6.4 million in a Series A funding round from veteran tech investors including Marc Simoncini and Xavier Niel among others.
Stay tuned to Silicon Canals for more updates in the tech startup world.