Undoubtedly, the COVID-19 pandemic outbreak has impacted several businesses across the world causing an economic downturn. And, many early-stage businesses and startups have faced the worst dent in their operations forcing them to layoff employees or shut down their business. To help them cope with the effects of the pandemic, several governments have taken measures to safeguard these startups and contribute to economic development.
Top VC deals in French tech startups
In such a move, the French government came up with a comprehensive support plan of €4 billion. This fund will be aimed at aspiring French tech startups. In addition to the support offered by the French government, the VC firms in the US have also made investments in some of the aspirational French tech startups. Check out the top VC deals in French tech startups in Q2 2020 from here as sourced by Pitchbook.