Funded Startups in Alsace
Alsace's 19 tracked funding rounds span a five-year window from April 2020 through September 2025, with life sciences anchoring the sector mix.
Alsace's 19 tracked funding rounds span a five-year window from April 2020 through September 2025, with life sciences anchoring the sector mix. Biotechnology (five companies) and health care (four companies) together account for nearly half the entries; Strasbourg serves as the base for 11 of the 19 companies, including SUPERBRANCHE, which raised $13M in February 2025, and a cluster of therapeutics startups — BiPER Therapeutics, Kwit, and SPARTHA Medical — that closed smaller early-stage rounds between 2021 and early 2025.
Manufacturing produced the two largest recent disclosed rounds: Lithium de France (Bischwiller) closed a $47M Series B on September 28, 2025, and Keey Aerogel (Habsheim) raised $19M in a Series A in January 2025. Seed activity is distributed across sectors — Sounduct, Aerleum, Dianosic, and SPARTHA Medical each raised between $3M and $6M at the seed stage — while nine rounds carry undisclosed amounts or unspecified stage designations, limiting full visibility into deal sizes.
Most recent rounds
19 shownRelated listings
Frequently asked
What are the largest disclosed rounds among Alsace startups in this data?
The two largest disclosed raises are Dynacure's $50M round in April 2020 (Illkirch) and Lithium de France's $47M Series B in September 2025 (Bischwiller). Keey Aerogel's $19M Series A in January 2025 and SUPERBRANCHE's $13M raise in February 2025 are the next largest among the 19 rounds shown.
Which city in Alsace has the highest concentration of funded startups?
Strasbourg is the headquarters for 11 of the 19 companies, including Sounduct, Fizimed, SUPERBRANCHE, Kwit, BiPER Therapeutics, Aerleum, Scalingo, Cephalgo, Dianosic, SPARTHA Medical, and HypnoVR. The remaining companies are distributed across smaller Alsatian towns including Illkirch, Habsheim, Schiltigheim, Bischwiller, and Eckbolsheim.
Which sectors are most active in Alsace startup funding?
Biotechnology accounts for five companies — Dynacure, NovAliX, Dianosic, AdipoPharma, and SUPERBRANCHE — while health care covers four: Fizimed, Kwit, BiPER Therapeutics, and SPARTHA Medical. Together, life sciences represent nine of the 19 tracked rounds, though manufacturing produced the two largest recent disclosed deals.
What round stages are most common among funded Alsace startups?
Nine of the 19 rounds carry a Series Unknown designation, four are Seed rounds (Sounduct, Aerleum, Dianosic, SPARTHA Medical), and four are Series A (Keey Aerogel, Scalingo, AdipoPharma, HypnoVR). Lithium de France's September 2025 raise is the only Series B in the dataset.
How much of the recent Alsace funding activity falls within 2025?
Seven rounds closed in 2025 through late September: Lithium de France ($47M, September), Optimistik ($2M, July), Sounduct ($3M, June), Fizimed ($4M, March), Elitepharm Laboratories (undisclosed, February), SUPERBRANCHE ($13M, February), and Keey Aerogel ($19M, January). That makes 2025 the most active single year visible in the 19-row dataset.
Are there AI or software companies among the Alsace startups shown?
Cephalgo (Strasbourg) raised an undisclosed round in June 2023 in the artificial intelligence sector, and Scalingo (Strasbourg) closed a $4M Series A in July 2024 in the apps category. Both are Strasbourg-based, and both represent relatively small slices of a dataset otherwise dominated by life sciences and deep-tech hardware.
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