In just a few days, France will host the summit of the artificial intelligence action, with the heads of the state that gather in Paris to meet global technology leaders. They will most likely notify some major investments and diplomatic agreements focused on the security or environmental impact of artificial intelligence.
Before the Summit, the VC firm in the early phase Galion.exe, the Revaia Growth Investment Firm and the Chausson Partners Advisory Firm joined to create the French report of him, which looks at the current tendencies in the technology ecosystem.
While all eyes are currently in SH.BA and China with Openai seeking to collect tens of billions of dollars and Deepseek, attracting everyone’s attention, there was a boom in Europe’s beginnings. Only in 2024, companies and it represented about 20% of all VC funds in the region.
In total, this represents about $ 8 billion in funds for the beginnings of it in 2024. This metric is most likely to grow rapidly, as the beginnings are still relatively new. Seventy percent of the capital raised from the beginning of it in 2024 was for some sort of series B.
European countries tend to attract VC funds in general have also become the main investment centers of him, with the United Kingdom leading the group, France and Germany after the lawsuit, and the Nordics that mark on its demographic weight. Here is the split from 2020 to 2024:
It is interesting, while the companies are getting bigger, they tend to attract international investors, with US LC firms that make up about 50% of the money invested in the company in Serie C and later.
In France, more specifically, there are “more than 750 startups that have created 35,000 jobs and operate in all areas that are transforming today’s society,” said delegates for artificial intelligence and digital technologies Clara Chappaz said at a press conference.
She also mentioned that there are 2,000 scientists focused on the research of him and 600 doctoral students working on artificial intelligence. And you may have noticed that there are plenty of French engineers and researchers who work for the companies in the US also
The team behind the French report he looked closer in the best beginnings of 400 he in France and tried to identify the rising stars. While Mistral he and Poolside are already some known names to readers who have followed the industry, most of his beginnings are not working in the other foundation model.
In front of the infrastructure, some companies are optimizing the workflow and data pipelines, such as connecting and Kestra, or improving conclusion performance, such as ZML, or developing agents that can sit through large groups of data and improve productivity. Dust is a good example of this.
But the reality is that most of the beginnings in France are focusing on applications for specific verticals. Based on this report, two important areas for the beginnings of the one in France are health and climate.
Owkin and her biotechnical company bioptimus have led the package in front of health technology, but is a surprisingly diverse group of companies with three major areas of interest: imaging tools, drug detection and improvement of medical treatment.
Similarly, while much of the industry of it is focused on productivity profits for office employees, artificial intelligence is also actively used to build the next generation of climate start. In addition to Agritech, carbon and power management – two themes that are related – seem to be a great focus. There are also a small part of the promising companies of new materials that are emerging (Altrove, for example).
All companies included in the list can be found here. You will also find many companies that work in a work function – sales, customer care, HR or legal – and using it to simplify the most common tasks.
Of course, some companies will not be there in five years. But many of them are currently growing at a rapid pace. We are still at the beginning of his revolution, and although it is easy to think about the industry of it as a zero amount game with a place or company “winning” over others, it seems that the boom is more scattered much than expected.
