France

Paris

#13

Global Startup Ecosystem

#2

Europe ECOSYSTEM
Members: Viva Technology

#2

Europe Ecosystem in Talent Strength

Top 10

Global Ecosystem in Funding Momentum

Top 10

Global Ecosystem in AI-Native Cluster
Paris has become Europe's undisputed AI powerhouse. At VivaTech, we witness it firsthand: globally ambitious founders, backed by sovereign will, world-class research, and record capital flows.
Olivia Hervy
Olivia Hervy
Chief Ecosystem Officer, Viva Technology

Highlights

A leading force in the global startup landscape, Paris combines a world-class talent pool with strong government backing to attract major funding and support international scaling. Anchored by institutions like École Polytechnique and Université Paris-Saclay, the ecosystem offers exceptional access to research, mentorship, and networks, fueling a new generation of globally-ambitious founders through deep public-private collaboration and sector diversity.

Investment in Paris’ ecosystem is growing. In May 2025, the Choose France Summit at Versailles convened 200+ international business leaders and secured 53 investment projects totaling $46.9 billion, marking a significant increase in foreign investment commitments, with AI infrastructure and data centers representing a substantial share. Prologis will invest $7.4 billion in a Paris-region data center, and Revolut plans to establish its Western European headquarters in Paris while investing over $1.34 billion and creating 200+ jobs. 

In November 2025, Aramco Ventures announced plans to establish a Paris office to invest in AI, Cybersecurity, and Quantum technologies. By December 2025, Paris-based Brevo raised $583 million to expand globally, highlighting the ecosystem’s capacity to scale internationally. In 2025, French Deep Tech startups raised a record $4.7 billion, with sovereign technology sectors accounting for 72% of total investment, underscoring a strategic shift toward nationally-critical innovation areas.

Ecosystem momentum is reinforced by large-scale national initiatives and globally-recognized events, with VivaTech — Europe’s biggest startup and tech event  — convening startups, investors, and industry leaders from around the world to drive cross-border collaboration and showcase cutting-edge technologies. In January 2026, the World Economic Forum and VivaTech announced the launch of the European Centre for AI Excellence in Paris, aimed at advancing AI talent and responsible innovation within the WEF’s global network, while VivaTech 2025 drew 180,000 participants from 171 nationalities and 14,000 startups, underscoring sustained international engagement and growing founder activity. 

Ecosystem by the Numbers

ECOSYSTEM VALUE

A measure of economic impact, calculated as the value of exits and startup valuations from H2 2023–2025. Ecosystem Value includes all active unicorns.
(H2 2023 - 2025)
$169 BN
GLOBAL AVG. $25 BN
REGIONAL AVG. $14.3 BN

ECOSYSTEM VALUE GROWTH

Growth is calculated based on the Ecosystem Value from H2 2018–2020 vs. H2 2023–2025.
(H2 2018 - 2020 VS. H2 2023 - 2025)
165%
GLOBAL GROWTH 149%
REGIONAL GROWTH 152%

AI-Native Ecosystem Value

A measure of economic impact, calculated as the value of exits and startup valuations from H2 2023–2025 for AI-Native. Ecosystem Value includes all active unicorns.
(H2 2023 - 2025)
$20 BN
GLOBAL AVG. $4.4 BN
REGIONAL AVG. $1.1 BN

AI-Native Ecosystem Value Growth

Growth is calculated based on the AI-Native Ecosystem Value from H2 2021–2023 vs. H2 2023–2025.
(H2 2021 - 23 VS. H2 2023 - 25)
156%
GLOBAL GROWTH 161%
REGIONAL GROWTH 84%

EARLY-STAGE FUNDING GROWTH

Early-Stage Funding Growth is based on number of Seed and Series A rounds raised between 2022-2023 vs. 2024-2025 and calculated on a scale of 1 (lowest) to 10 (highest).
(2022-23 vs. 2024-25)
5
Scale of 1 (lowest) to 10 (highest)

AI-Native Early Stage Funding Growth

AI-Native Early-Stage Funding (ESF) Count Growth Tier evaluates the growth in the number of Early-Stage Funding rounds between 2022–23 and 2024–25. Ecosystems are scored on a scale from 1 to 10, where 1 represents the lowest growth and 10 represents the highest.
(2022-23 vs. 2024-25)
6
Scale of 1 (lowest) to 10 (highest)

TOTAL VC FUNDING

The Total VC funding (Seed, Series A, Series B+) in tech startups in 2021–2025.
(2021 - 2025)
$47 BN
GLOBAL AVG. $5 BN
REGIONAL AVG. $4.1 BN

TOTAL EARLY–STAGE FUNDING

The total Seed and Series A funding in tech startups in H2 2023–2025.
(H2 2023 - 2025)
$6.5 BN
GLOBAL AVG. $554 M
REGIONAL AVG. $531 M

EXIT AMOUNT

The total value of exits from the ecosystem.
(2021 - 2025)
$20 BN
GLOBAL AVG. $7.6 BN
REGIONAL AVG. $4.3 BN

EXIT COUNT (#)

The number of exits from the ecosystem.
(2021 - 2025)
1052
163
2020
211
2021
238
2022
210
2023
230
2024
GLOBAL AVG. 103
REGIONAL AVG. 136

TIME TO EXIT

The average age at the time of exit in the ecosystem in 2021–2025.
(2021 - 2025)
10.7 years
GLOBAL AVG. 11.1 years
REGIONAL AVG. 11.7 YEARS

NUMBER OF UNICORNS 

The number of startups that meet our definition and have been valued at more than $1 billion and have not exited.
(ACTIVE UNICORNS)
37
GLOBAL AVG. 11
REGIONAL AVG. 6

MEDIAN SEED ROUND

The median of seed rounds in tech startups in the ecosystem in H2 2023–2025.
(H2 2023 - 2025)
$2.1 M
GLOBAL AVG. $1 M
REGIONAL AVG. $1 M

Median Series A Round

The median of Series A rounds in tech startups in the ecosystem in H2 2023–2025.
(H2 2023 – 2025)
$8.8 M
GLOBAL AVG. $6.2 M
REGIONAL AVG. $6.5 M

Top Funded Startups

Top startups identified based on funding amount from July 2023 to December 2025.
(H2 2023-2025)
1: Mistral
2: Brevo
3: Poolside AI

SOFT. ENGINEER SALARY

Average software engineer salary informed by data from Glassdoor, Salary.com, and PayScale, as well as local sources when available.
(2025)
$66 K
GLOBAL AVG. $54 K
REGIONAL AVG. $58 K

Sub-Sector Strengths

AI
AI

Paris’s AI sector is rapidly shifting toward verticalized applications, with startups focusing on content generation, conversational systems, and enterprise automation built on strong European research foundations. During AI Action Summit 2025, France unveiled $125B in planned AI infrastructure commitments – one of the most significant sovereign AI investment programs. Investor momentum remains strong, with AI representing 48% of all French startup funding deals in 2025, establishing Paris as Europe’s AI powerhouse. Mistral AI secured $1.96B in a Series C round in September 2025, while AMI Labs raised $1.03B in March 2026 to develop advanced world models.

Deep Tech & Sovereignty
Deep Tech & Sovereignty

Defense AI, Cybersecurity, and Sovereign Technologies are at the core of the French tech ecosystem, underpinned by strong government policy. In 2025, investment in the sectors accounted for 72% of France’s Deep Tech fundraising, totaling $3.3B. Defense innovation has accelerated in particular, with 18 startups raising $262M in 2025, marking a 25% year-over-year increase. In January 2026, Harmattan AI secured a $200M Series B led by Dassault Aviation to expand autonomous defense systems and AI-enabled drones, reaching a $1.4B valuation.  Bpifrance and NVIDIA launched plans to develop a large-scale AI campus in the Paris region in 2025.

Fintech
Fintech

Paris is Europe’s Fintech champion, with particular strength in B2B financial software, embedded finance, payments infrastructure, and regulatory technology. In May 2025, Paris-based Cathay Innovation closed the EU's largest AI-dedicated fund at $1B, with Fintech as a core investment vertical backing companies across open banking, payments infrastructure, and digital assets. Venture funding increased further into 2026, with Pennylane raising $201M led by TCV and Blackstone Growth, nearly doubling its valuation to $4.25B in seven months and serving over 6,000 accounting firms across Europe.

Selected Startup Organizations

Startup Genome Members

MEMBER

VivaTech is Europe’s largest startup and technology event, dedicated to accelerating innovation by convening startups, tech leaders, corporations, investors, and policymakers from across the globe. Held annually in Paris, it serves as a premier platform for international collaboration, showcasing breakthrough technologies and facilitating high-impact partnerships. The event features dynamic exhibitions, curated networking opportunities, and thought leadership from some of the world’s most influential voices. By connecting ecosystems and spotlighting emerging trends, VivaTech plays a critical role in shaping the future of innovation, entrepreneurship, and global economic transformation.

Work with us

If you are interested in working with us to drive global attention to your ecosystem, please get in touch with Marina Krizman, Director of Business Development.

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