Lately, the French Tech ecosystem witnessed a spectacular growth, all thanks to the new wave of entrepreneurs, investors, and talented people. As a result of this growth, there is an exponential increase in the number of fundraising. French Tech companies across various sectors have gained the attention of investors with their innovation.
In 2019, France seems to have reached a record high in terms of funding. As per a report by La French Tech, the total funding pumped into the French tech startups seem to have surpassed that of 2018 by over 23%. Among the many French cities, Paris-based tech companies have witnessed the maximum funding accounting to over €2.7 billion across 316 deals. Lagging behind Paris, the other cities such as Lyon and Montpellier companies have also witnessed notable investments in 2019.