May 3, 2016 Comments Off on French startup revolution
The startup scene in France is booming. In 2015, the French startup ecosystem enjoyed incredible growth, with tech startups raising more than €960 million and M&A activity generating more than €900 million. Thanks to the large rounds from companies like BlaBlaCar and Sigfox, as well as promotion from the government-sponsored La French Tech program, venture capitalists are starting to show interest for French startups too. This week alone, Drivy, Lendix, Bnbsitter, Sqreen and Actronika received funding from local and foreign investors. On the acquisition front, Finsquare was acquired by local player Lendix, and Withings was acquired by Nokia.
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