New French AI Company Radar: November 2024
The latest filings for new AI-related companies in France, plus AI startups selected for incubators and accelerators.
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#43: Hexa's First CEO On Moving At AI Startup Speed
Cohere doubles Paris team, Deezer battles AI-music surge, MedGPT beats ChatGPT in exams, and €50M+ in fresh French AI funding fuels fintech, healthtech, and infra innovation.
Hexa CEO: Charting A Course Through AI's Storm
Matthieu Gombeaud: "We must completely rethink the way we are building companies."
#42: The Anthropic-Mistral Transatlantic AI Funding Tango
As Anthropic plants its flag in Europe with a trust-first strategy, Mistral secures €1.8B in the continent's boldest AI sovereignty play yet. Meanwhile, French founders wrestle with wealth taxes while Chinese researchers rewrite the efficiency playbook.
Anthropic's Guillaume Princen: 'The building blocks of the digital economy are now as simple as having a conversation.'
The former Stripe executive was hired earlier this year to be Anthropic's Head of EMEA. He spoke with us about sovereignty, vibe coding, and why the Model Context Protocol has catalyzed the agentic era.
Latest
French Tech Funding Wire September 26: Waat, Nxtfood, Goodvest & More!
Between September 22 and September 26, a total of 23 companies raised €€271.8M, including: Lithium de France, StemInov, Groupe Akacia, Futurail, Juisci, Vocca, Rippletide, Igonogo, Kikleo, Abby, Sonomind, Chat3D, Elmut, Gigi, Seaturns, 2501.ai, PikkoPay, Enakl, and All In Box.
🇫🇷 French Tech Wire: One Man's Trash Is Another's Tech Sovereignty
€500M+ flows to European AI/deeptech funds as sovereignty takes center stage. Phenix saves 75M meals from food waste, MagREEsource recycles rare earth magnets to cut China dependence, Waat raises €100M for EV charging expansion across Europe.
Phenix and the Fight Against Food Waste: Scaling Passion into Impact
From leftover baguettes to unsold biscuits, Phenix is proving food waste can fuel growth. With 75M meals saved in 2024 and 16,000 stores onboard, CEO Simon Baldeyrou is scaling passion (and plenty of croissants) into Europe’s fight for zero waste.
Europe’s Secret Sovereignty Weapon Against China: Recycled Magnets From MagREEsource
From old e-scooters to wind turbines, a Grenoble-based startup is recycling rare earth magnets to cut Europe’s 98% dependence on China. With tech born in the lab and backed by millions in funding, MagREEsource is turning waste into Europe’s path to sovereignty and sustainability.