Strong performances by France’s innovative businesses

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(The Government of France)

The Government hails the growth of the “La French Tech” ecosystem, which takes second place in the European fundraising rankings.

La French Tech, a unique ecosystem bringing together startups, investors and decision-makers, is continuing to climb up the global rankings, securing 2nd place in the EY Venture Capital Barometer for the first half of 2020.

Despite the major economic repercussions of the health crisis, France’s innovative businesses have been pushing on with their growth strategies, rolling out 360 fundraising events for a total amount of €2.7bn over the first six months of 2020.

In Europe, this figure puts France in second place. The resilience of the La French Tech ecosystem thus sets it apart – its position has changed little compared with the first half of 2019.

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