A comprehensive, data-driven look at emerging trends, investments, and active investors in France.
DOLLAR FUNDING TO FRENCH TECH OFF TO STRONG START IN Q1’18
2018 dollar funding is set to outpace 2017 by 7% based on the run-rate for the first quarter of 2018. Nevertheless, deal activity has slowed in Q1’18; at the current rate, 2018 total deal activity is expected to decline by 10% from 2017.
PARIS, THE CENTER OF THE FRENCH TECH UNIVERSE
Paris remains the most active city for tech investment activity in France, with $458M invested across 82 deals.
LARGER DEALS HELP BOOST QUARTERLY DOLLAR FUNDING
Quarterly dollar funding increased by more than $200M between Q4’17 and Q1’18. The three largest deals of the quarter helped drive some of this spike, the largest of which was a $75M Series B round of funding to blockchain startup Ledger.