Analysis

September 11, 2023

The big French fire sale: record numbers of startups are selling at big discounts

The number of startup acquisitions in France is hitting record highs. But deal value is down, as cash-strapped businesses desperately seek acquirers


Mergers and acquisitions

With startups running out of cash, the French tech fire sale is in full swing — and it’s emblematic of a broader collapse across Europe that is forcing desperate startups to sell at any price.  

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

Chris O’Brien

Chris O’Brien is a writer for Sifted. He covers French tech, and can be found on X and LinkedIn

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