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Macron: France is 'much better than going to California' for entrepreneurs

In a wide-ranging interview, French President Emmanuel Macron highlighted the progress made by the French Tech ecosystem in recent years while continuing to make the case that Europe needs to boost its startups to achieve greater digital sovereignty. Macron spoke on Tuesday with Atomico venture partner Niklas Zennström as part

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French Startup Funding Defied Pandemic In 2020 And Set A New Record

There’s no denying that 2020 has turned everyone’s plans upside down. Riding several years of momentum, the French Tech ecosystem was going to focus on more funding to help companies scale up while expanding its robust AI sector. Then came COVID and the first lockdown. The French government,

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Startups, VC, and innovation in France

Welcome to The French Tech Journal by Chris O'Brien. I’m an American journalist based in France since 2014. Previously, I spent 15 years covering Silicon Valley for the LA Times and San Jose Mercury News. Sign up now so you don’t miss the first issue! Subscribe

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Robocath raises €40 million to bring its medical robots to Asia

Robocath announced today that it has raised €40 million in venture capital as the medtech company seeks to expand further in Asian markets. The Rouen-based startup [https://www.robocath.com/] has developed a system that uses robots to assist with cardiovascular procedures and has now raised a total of €51.

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Doctolib reports 2.5 million video consultations during coronavirus lockdown

Doctolib is seeing explosive growth of its video consultation service as patients and doctors have rushed to embrace it as a critical alternative during the coronavirus quarantine. The French startup [https://www.doctolib.fr/] had attained unicorn status on the back of a medical appointment booking service the operates only

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StationF to startups: Focus on sustainable growth, not unicorn status

With the coronavirus continuing to upend France's startup economy, StationF plans to rethink its own approach with the goal of encouraging its startups to focus more on sustainability and less on valuations. In a letter to StationF's startup community [https://stationf.co/news/letter-to-the-station-f-community/?fbclid=IwAR1wYQ3HShjQsaYO-SbDtJsJRhf8ftVPZyxvLAPSjJwMGVfvFIw5MAfAMGA]

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Vestiaire Collective raises €59 million to expand its used-clothing platform in the US and Asia

Vestiaire Collective announced today that is has raised €59 million in venture capital as the Paris-based startup [https://us.vestiairecollective.com/] accelerates its expansion in the U.S. and Asia. New investors in the latest round include Korelya Capital, Fidelity International-managed funds, Vaultier7, Cuit Invest. Previous investors also participated, including

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Alan raises €50 million to expand digital health insurance across Europe

Alan [https://alan.com/] has raised a €50 million round of venture capital as the Paris-based startup seeks to expand its digital health service across Europe. Singapore’s Temasek led the round of funding, which also included participation from previous investors including Index Ventures. Alan has now raised a total

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StartHer report: 14.5% of French companies that raised funding in 2017 were run by women

Female entrepreneurs continued to make some progress in France last year, but still lag far behind their male counterparts when it comes to fundraising. And even if the gap is closing, data from a new report by StartHer [http://starther.org/starther-devoile-le-barometre-starther-kpmg-2018-de-lentrepreneuriat-tech-au-feminin/] and KPMG shows that women face far greater

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Macron government’s extension of rules to block acquisitions sends chills through French Tech

One of the most controversial events in the rise of the French Tech scene was a move by the previous government to block the sale of streaming site Dailymotion [https://www.francetvinfo.fr/politique/arnaud-montebourg/polemique-montebourg/dailymotion-le-patron-de-france-telecom-tacle-arnaud-montebourg_315659.html] to Yahoo. In 2013, then Economic Minsiter Arnaud Montebourg, declared: “I

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