French Tech Ecosystem 2024: Signs Of Hope And Concern
The annual startup barometer by France Digitale and EY suggests that the startup economy has stabilized. But plenty of challenges still lurk under the surface.
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🤖 La Machine #30: Is France Losing Its AI Funding Mojo? 🤖
Also: Meet Gigi, an AI matchmaker that scrapes your digital footprint to recommend connections for business, networking, and dating -- whether you asked it to or not. The Black Mirror-esque platform, already backed by Sequoia, OpenAI, and Monashees.
Is France Losing Its AI Funding Mojo?
Despite government initiatives and the Paris Summit, France's AI startup ecosystem is struggling to secure funding in 2025, raising just $372 million so far compared to $2.8 billion in 2024. With fewer big rounds and declining deal volume, France lags behind the UK and Germany in AI investment.
French Tech Funding Wire May 9: Kalent, WeMet, Raidium & Softway Medical
Only 4 startups raised from May 5 to May 9 amid the slow French holiday season.
🇫🇷 French Tech Wire: OpenAI Makes French Connection With Fidji Simo
The native of Sète has risen from this seaside fishing town to become one of the top players at tech's most influential company. As CEO of applications, she also now stands as one of the most prominent Frenchies in tech.