France has taken over Europe as the place where the most funding rounds happened in 2018. The next step is to turn our eurocentric scale-ups into global leaders.
With more than 10,000 startups nationwide, France has ambitions to become Europe’s largest startup ecosystem, with the government promising to invest $6 billion in the technology sector. One of the top attractions of Paris for startups is its central location with easy access to Europe’s most important capitals. London, Amsterdam, Berlin, Madrid, Rome, and Luxembourg are all less than 3 hours away. The city also boasts 21 of the best-ranked business schools in the world, which provide companies with a large pool of highly skilled talent. This wealth of talent also drives the ecosystem’s success as a center of innovation. Paris has the most research professionals, high-tech patents, and highest annual R&D spending in Europe. Paris is also a major business hub and hosts many corporate headquarters. Companies and labs are organized in 9 competitiveness clusters with over 4,300 members across sectors including cosmetics, high-tech healthcare, aeronautics, digital transformation, and sustainable cities. The city also hosts a number of top startup events, including Big Data & AI Paris, Hello Tomorrow Global Summit, and Viva Technology, Paris. Local success stories include online home improvement marketplace ManoMano, which has raised a total of $705.5 million over six rounds, crypto security company Ledger, which has raised a total of $468 million over eight rounds, and digital health insurance platform Alan, which has raised a total of $363.9 million over six rounds.
Ecosystem by the numbers
AI, Big Data & Analytics
Reasons to move your startup to Paris
Access to Large Markets
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