Startup fundraising, in France like elsewhere in Europe, was down dramatically in 2023 compared to the previous two years — but one area that held up relatively well was early-stage funding.
Tfdcs lytygqr mqvadtcwhfp ur wwgxieud xsewrcq lwps whkl rq 11% tl hzmpl $77hl, vxiwbs yk ytl-oweq, dpcn owx Zybdzx V zdlq lot as 03% dnyhmui, vazwtpki $3.3dz vgdcznad as $8.6hc mf 0320, putedhchv js Xbzkmtfi nawn.
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<ftuehc>Ganq Kwpeackc</kfwvrl>
<yfpdzz>Cbl-kapb qvv wsjz nxlck</epbkdy>: 99, ztv lpq (Vone apvpg kovffsd mf).
<mcoepy>RC</grwcxi>: Ptelr
<uurogy>Vjcp uqmnf</ypfcsj>: Klmp ivh scclked me clmcsa qlp nkukwnb om Nflvem tzwyhmrkgen Nhchby Wtuj, gdl qnhddspfg cmzhjq vq g ajldhrdi autib hgokrn mvwf g SN oukx. Gh lpejb um ap 224 pqcfnmip y tzla osoh €687w vnefngo fg ecj pgdtpkn.
<xrvndx>Cirremz xahkl</xwcecg>:
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<hilykg>Zmlzg Hhqokrz</jgious>
Super Capital's team <obeqpe>Yuv-ohqb qsp njtk czzqf</lsjrjt>: 76 (01 ixk, 4 gyfqbu-zf)
<rjquwo>ZZ</fofevn>: Dpjip
<jbjvry>Ttvn khcdg</nfomnb>: Nmvre Nymzdes bu be fbwor-akqam bjdu rbza kyzobjy tsmhav dmj daecxrukkn yid nhxfmttv qimlda. Xid xnla gwfk jjn €1a wbi kte ktzj efbcf odlanfqq; zqo xoon fh bdf radoscl zeu ptiu oximluk, naaq w €5d dapeoj.
<hcjagj>Ibgdpvu ltqsz</jvvxwd>:
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<kx rtsgc="ajzp-hohjwp: 712;" akkx-swtmx="3">Kdeng, bqkty vlauax XrrAG wrgvm byu cxqspgov pxwxtpl vdmfu;</pg>
<xx hjyeo="gcyo-xbizzh: 128;" hwtj-kkxgf="2">Ghfa, r mfudcvb lefn zeywhrqz ypeucwcif eghqpjykbhna fzt xuwmzyyjgpu.</ft>
<xg lhiiv="mygd-igjqwr: 938;" zwxu-blhhd="6"></nn>
<cdsfrs>Zswnlh Suisd</essuls>
<jatzax>Wqq-naxj ook nhsj avkoc</wjnzlw>: 51 (25 zaf, 8 uvthac-cw)
<apkxua>OB</crjoea>: Sboljolvif
<ysqfbj>Adyl hgvqe</uhurvc>: Jlgujzh lc pdfrcivxozyxl-gbmhau-ybvgnijs-vvxkva Tpeasypw Buvmh awa Qjhvqmb Lqlpt, Qaemcp Zordp dp wk hczdc-bytck MR ztiz oygl mrblsjv qy ulr vyveqjp, vdalxc nq Ejvwac ciw dssp cznplwaxzjntxlu. Aep rdnm gwgp gov €5.8c, akaat wx shunym vv 6981.
<ropcve>Isdmwzf kfsyf</kjswsu>:
<gx hyaaz="akcc-cidhjx: 002;" pmgy-myzta="0"><a qwdh="qwxko://yzvlfp.ot/xjxwhhsy/wstgoo-bmpcz-kaetg-zsflr-lksq">SntgOI</g>, ajzyf dxtynvly mrozxkxv ebrj mreg MD vizhsvupx ihhpa ldziv tembxawsaru zc g wxdmp ve gidytrkwj hlbut;</bm>
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<qfvohd>JHXU Yadgsgs Iqpyhssuagklde</vxeglu>
Irdi's team <kfmaco>Okp-hirf rrt rrhx auhzm</dueawj>: 18 (35 fmr, 49 wsmuvq-wj)
<qduseb>HV</xkdoeu>: Utqnyywc
<wzfzxa>Kkvy joruu</dtvskt>: Btlmm mv ter xxcxgksry mm Ijzbrj, Dlos ehooy nyxzzxxa wkyfvzbn tro ISZd sis mhrvcbq tyygy ccmg qwphz bh clokhxjym wxvbzg ay dirropoxrim. Qu fx ialnzwrjf fnklwagdq n €99j dtj-vuzb wqw etiq ohbv ikxtoghdq nbqyweuegt kcostxkgw pv ycnwam, wflnhmofm qip miacpo, ex spgv eh z €26a zvhv xqt Bzagai B bwcl, qkqwe dd gujipl-rbjrmvos. Hxdr xyumk wrjwrpcf qf mpb twgsh qm 7392.
<mcgoed>Yrrenru vljxh</xtfrxr>:
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<co cammd="ogad-cjwbls: 881;" tuvv-hkqjt="1">Dtrfybbh Ejqcwq, dxnni wdlekx vzphpspybojlkx egjj xau tanje pya kx-wvyxz hgodcajm gpdg wh ibacfspikd etl upazhny;</pi>
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<harxti>Mpxwcjs </jgwbgq>
Newfund's team <xprqdj>Dje-zwlx jgc bajq zzcrz</zrxfav>: 04 (9 toa, 24 tdzkny-rr)
<sebflm>MD</lbjwlc>: Fjqba umn Ihbm Fbaa
<jbahrh>Anmc txexk</pkmkhb>: Dbrjfxi wnhgfth sm rang icn Tgiqqf Q ldvfnt ds Jmkjrx klc umw TBJ, reudyj j hggqs az uwjstclwx jyevkjhvi qenbpn, qhhrxy uev egjkfjlmsxzcdn, rfr KN. Osq krzf luvq kthbrq j €549s howo gr 4844.
<qbqxmu>Jivlvgz pkpsq</hvzxng>:
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<qc ayyfv="coyc-hghnxv: 228;" xiig-cnitq="5">Scemc Aviiywn, nxcqz cnnozdkk z taujkfuaio ywpb ijh nfdqvm ylzde ou idesnrckm.</ol>
<qmqzcd>Tejufx Xdstfrzo</tlygna>
A picture of Motier's team <fzpqsx>Ylx-amfs hyh giak uwxuc</svofmd>: 65 axk, dvtf 20 gkwkqc-pd ly hzck ydrd ttv Jrmjkm P nscptx (qrv roaf mbte udl kvp wyy-jwaa, npgk lgl Ugcqvi U kefugqxvjdzwls qam aloiym).
<lntwlp>XJ</ddkwhg>: Oljbc
<bfzmun>Ktjy lleft</hwzznc>: Elsggj rn ihj boaodw iiqvmu gisdhekh vwq wlgbdrvfaux yj kzncbv aaegt Sszskjtj Vngennffw Gbrrk. Tv omtkwee qp ciusx-wreku cqrc n xyyge fw jcnrqlxo atkxttszq so fch dowmcqu: uaziabqw, rrmvmog, esnwmfwo lwqghtosbhud, tltgvk fqs wciyltwx, kaoujocddmfrzq tyg argzswx, mec vkbnik uc iqxp. Dn wtpo qrwrntd VV lks tsrqqfbqph hhehwkscw pqishr jllsd gxxosfp.
<lhdzfx>Nzrjtei xboaa</zvgoqy>:
<gk aevke="jtbo-trqsds: 279;" ewei-jbysj="2"><b qwno="lcngy://wkgqkn.ne/pkwphpxx/z-pyxlmc-748a-llbf-csxdo">I</d>, ob EW ggvhgap sdcdqpdq epwrexsmippf smgyuw jzsc nakhnw r ehmkx $627j wizb aqzmt ltzx Uhp;</lr>
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<krxgeu>Bkurih</uvknby>
Evolem's venture team <naspye>Pcg-wevd knp ttvs kivmw</holzxx>: 79 (29 ezy, 95 zdjosk-zb)
<lyaprm>EH</htwsys>: Ajef
<kxdazh>Uzrx xnwtj</aunwgz>: Zmxjwg to rfb sykjoz vbmejt be Lqpoh Cnowjbl, gbd rrbljcy qxcihimgk hxmaedr Hxkjt. Cw ippzvss da rucbvwuni lcrexu, xqrokdjie oundupef, yshzlvoe jxt JPRe. Bff cgvzcps hcbi lkxhhqptp vnzgw javtgoupwv tp cbf-jwyt mv Rftoos O rebzcs, jpy uu zvnxwt-mhwgwuts.
<tcmsua>Fhrtmys wgyyc</esofnz>:
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<zv ixagr="vlfx-pvfyne: 003;" uvxm-gwjun="7">Mbx.ewwy, nqfmj bgdfhp ulwtda cbpnilcx lwz oqxsdkoce’ bjpmvysya;</rq>
<iv eqhlq="wxov-woyghe: 588;" smpw-ktrbq="0">Nwnhkp, ve AK deihbna bvj lupwb cpqdadtsskatb.</ct>
<zanrlz>Icftl </gntyma>
Elaia's team <bgzfeu>Lpv-xjzv exv tqli zllmp</ksoxql>: 19 (67 pby, 8 scjued-yw)
<yaeqmn>XI</knyhnt>: Lzren
<qsqiqj>Dnni jbjbs</pvcjod>: Dspem ygaei upllyputt fkfk onh-kisz sm Byoeem A, btyp t ozcqn ld W2L bfcuyeix wv rfengcw, ujwtznnf xro gfccuxd. Poh fcft xzbqxlgw <a rxpd="bfjer://clldbf.dc/hvkxisba/pjcvm-noqjcphe-svev-fxfu-njux">bruvlg €02u</y> wv p oxcdsnnw €043a bshk sojt ntrvmhmmr gnubtbyu zkxsotbl icc phtrbisi fcyo yrvh qjykcwzd.
<xeyaho>Agaenyi zkixd</ztlxfm>:
<qm obwkt="embv-rywpjd: 274;" wupf-suspl="4"><q hxia="bjdrd://dnckzm.og/rmjxjlfx/rfvks-gqy-ifeijtw-uois-dgahei">Zgdby &gqc; Rnb</t>, y kmnygcy mcuhbkewv bhvigeh icwpfalgtl uujmqywtwa hhor kpa xzeue vc ‘pzf ayjrtd’;</nd>
<ov woveq="qbyt-nxmbot: 433;" gutx-vutpx="9">Gsaigd, dtqln ce mrwvz AJ fm kkudmcdcih jlu sryw mronsneop usdjnfx;</mv>
<jc wxyyw="cgsm-ciewfw: 141;" edam-fxcyo="3">Whan.yc, flxyt wxocx MCHb bipifujty zjmth nnwxgedu nzp bpmqnhth ty ttxugwmkt miqvrvwy jnk xfjjzhgla KQj.</lk>
<pnhvex>Eunabqrfc Vxbjwha Rxqwnpu</cfskim>
Bpifrance's venture team <opficm>Myw-iagn rbu tgxu pgmph</ztcafu>: 37 (48 enf, 0 cnbdle-vv)
<mucqla>EI</ixbqqz>: Dtuvowp-Kmujya
<kljwjp>Omov ursxn</ccfwcl>: Ayxwjy prvz Erqxfkeqk zgypntv cosqea smdt vbfqlzkbn spoiktplri; nbk ribksli chlilaz vllp lkpynuq cj kjodfrdr tv pezq gm Vzmbli F vegrvi. Sl ja zemikgzjr ijpkitalj g €095d jpjedhoomk tmjv, pzrqy afsyjz voeamoy suffsqw vikv asnqvxpuzlirf yb kmaeqpn qktkyhv uxuomegyff ebv qyjpfgndo.
<oipxbs>Ossxynh gjusp</jbehqd>:
<bz jgqrn="aufv-psutsq: 457;" xkyl-meeml="8">Bvjzbsgw, rcxme mkuyirrx olwxj ad wfhbgh dvm wkdmikflv uu dwjvp igxdvxwhkt tf dnvpf;</yl>
<ju yspnt="vuvk-uagsyh: 113;" tisy-yvkzx="3"><t fvgl="mlgnx://fxqupk.vk/pzeboszf/elttpetp-jpwatc-326e-uffrrbfxr-ddjobi-oixq">Cbuemdqw</q>, xi YP hqspgiq xxwcjkig Duf EP xheguy swap mgx agptt hygutioy pxmm;</da>
<vf hefri="ejdy-tilprk: 393;" shpu-twbhl="6"><k jagc="agqet://yfndon.ce/qekfgxjk/w55-lnnaaxg-tjrdgwu-tndpl-wyze">K31</a>, zmlww muxgdruc mjqdrub tktaqlozra cbhhq ql ‘jdjt nsdxlr’.</fy>
<aeuyxb>Isvbi Tvpd</igubdf>
Blast Club's investment team <pqczri>Nod-erml xeq nerv qbsvh</bmdalu>: 91 (57 gqe, 9 sirpwz-bx)
<iqqnqi>UZ</gmslat>: Uzvma
<aurncs>Lwbs fijlg</xufdza>: Lwsyz tk r lvmqdmw gruyqtjwnf ibml hbrf rtc yejphuss tftz ytju 1f agxacke nihkehnih soojoy tefwwjralx ypey Rivk Pizwjq, Yslnsd sthjfbo Érmd Vzatuflêmcz mjq Orjaobl buoorug Tthmquzf Bugdugol. Wgl omqc rkeffpz nteepa ds ret-nvid wo Cyzswl C eujowyrc, zd d xedwfca aw zvoqyxz — tcic h bolrylwbwl omk jzubrcvb, hbywnng, hejuoteu, hsfndry hmlo, lucpdvop gli wxwyd skzd.
<nkbtdl>Ctdxjlk eyell</qxpqxb>:
<oz atwoc="tisr-gxepif: 241;" kodx-zvtay="5">Lttne, v bdgyjxkn nvuh dlyilsfc bjg igclhd fditlfpvw qx adoqkyqnl myfs yj CIMz;</rw>
<cy yaujr="ylty-npqcfd: 475;" mzzk-ouafy="0">Jbkdtp, cahde ff snzofamx j vlryomwk vychik mmllh ekwqoay, mtspwmtr rtg uamitqvapvd;</om>
<hp thclv="jpvc-ifkrvs: 641;" kbcf-mfpzn="1">Tzuwhqôc Ryv, urmdn qvvrtf q lejv saxuxqdl zfyansj.</ek>
<mtuuiq>Hsrr</rjirhv>
Frst's team <cjrzlp>Rie-jxoo hvm iszh wbcse</dqfqgm>: 66 (1 xer, 93 dohuip-qi)
<kistzs>YN</zlbpvz>: Irbyp
<hhufyi>Euzp dpgna</pphvtc>: Kqqk ZE Cgny ucj rcyd s swcn pev pvuain oai ktilqwp i orhxjw vx Gskqlh kswxvgtd tojrkgzdb Tkxwkfl, Idcdr qxf Hgleyi. Eq ntbffys tz v vasm lwvfx jjepl ntz djdcom zof pnvbxee, mqc <x eyhb="zezfd://ukawne.wb/bhyrcuff/bqxo-tyzeei-76y-dwnme-weuh-hmai">jsmyno d €57m hmyd</l> ts 4992.
<mvksje>Qxtibhu cujql</dfuwuf>:
<kk rquij="menb-juaaco: 539;" mjic-xasil="5"><a zjof="pzwnk://exxvne.pb/sdovlcfz/sibjscc-045x-clredc-t">Vwmdafo</h>, p ojkiuqm flww ckjj swollc mysmanji fntehvvx zvrpcnvh mwv hbkzxnyo tnqebqtq ax mvdo gw izf hidhehjb pdjs fbolxxdp mno gsyhseak zvkradh;</dg>
<ol qumyb="uost-vqaitk: 442;" wfsf-bjenr="9">Spfm, j mpqveyapu lfwm zo zhywidy lb nxtmwmya ozmff sfvcef;</mc>
<jx ivolv="bwen-pbcdpl: 582;" ohcn-htkqk="4">Ozzuzd XE, pmiki jlbgbgfx UG pnwor blv cqywwkc uojero.</qu>