Funded Startups in France
Across the 50 most recent France rounds shown here (from 2025-09-22 to 2025-11-30), the largest disclosed amount is WAAT’s $118M venture round on 2025-09-2…
Across the 50 most recent France rounds shown here (from 2025-09-22 to 2025-11-30), the largest disclosed amount is WAAT’s $118M venture round on 2025-09-23, which is far above the rest of the disclosed figures (many are in the $10M–$30M band, with several at $2M). The size distribution is also visibly stage-tilted: Series A/B/C rounds include the highest disclosed checks, while Seed and Pre-Seed frequently cluster around $1M–$5M (e.g., RUTILE.bike at $2M on 2025-11-30; Ewake at $2M on 2025-10-11; SeaBeLife at $2M on 2025-10-03). On geography, Paris and Ile-de-France appear repeatedly (for example GetVocal AI on 2025-11-21 at $26M; Qovery on 2025-09-29 at $13M; Rippletide on 2025-09-24 at $5M), while sector concentration is strongest in AI and healthcare-adjacent work, spanning multiple stages (e.g., AI-Stroke $5M on 2025-11-22; Adcytherix $122M on 2025-10-16; Step Pharma $44M on 2025-10-13).
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Frequently asked
What’s the biggest disclosed round in this France snapshot, and how does it compare to the next-largest disclosed amounts?
The largest disclosed amount is WAAT’s $118M on 2025-09-23. The next-largest disclosed entries shown are Adcytherix at $122M on 2025-10-16 and Lithium de france at $47M on 2025-09-28, so the top end is concentrated in a small set of biotech/adjacent and large venture-type checks rather than the broader $10M–$30M range.
Are there noticeable date clusters in the most recent rounds (e.g., many closings in a tight window)?
Most of the list stacks in late November 2025: multiple rounds land between 2025-11-20 and 2025-11-30 (e.g., Water Horizon $21M on 2025-11-27; Hummink $17M on 2025-11-23; RUTILE.bike $2M on 2025-11-30). The span of dates shown runs from 2025-09-22 (Pikkopay $2M) to 2025-11-30 (RUTILE.bike $2M), indicating a strong late-period weighting.
Which cities show up most often, and does the list look Paris/Ile-de-France heavy versus the rest of France?
Paris and Ile-de-France dominate the addresses: GetVocal AI (Paris) raised $26M on 2025-11-21, Qovery (Paris) raised $13M on 2025-09-29, and Rippletide (Paris) raised $5M on 2025-09-24. Outside that cluster, major hubs appear less frequently but at high check sizes in specific domains (e.g., Bordeaux’s Hypr Space $24M on 2025-11-20; Marseille’s Adcytherix $122M on 2025-10-16).
How does stage classification map to check size in this dataset (Seed/Pre-Seed vs later rounds)?
Seed and Pre-Seed rounds are repeatedly small to mid-sized, often around $2M–$5M (RUTILE.bike $2M on 2025-11-30; FlyCopter Project SAS $2M on 2025-11-07; Ewake $2M on 2025-10-11). By contrast, later stages reach the top end: Series B/C include Water Horizon $21M (2025-11-27) and Upway $60M (2025-11-04), while Series A shows larger checks like U-Space $28M (2025-11-13).
Are there sector clusters (AI, biotech/healthcare) that repeat across multiple rounds and stages?
AI and healthcare-adjacent themes recur across stages: AI-Stroke (Healthcare/AI) raised $5M on 2025-11-22, La Fraise (AI/Healthcare) raised $4M on 2025-11-22, and GetVocal AI (AI/B2B Software) raised $26M on 2025-11-21. Biotech/biopharma is also a clear repeated thread, including Adcytherix $122M on 2025-10-16 and Step Pharma $44M on 2025-10-13, spanning from Seed to later rounds.
Are there outliers where the disclosed amount is unusually small or where amounts are reported as undisclosed?
The smallest disclosed amount shown is $180K for Compagnie des Amandes (Equity Crowdfunding) on 2025-11-01, which sits far below the $1M+ cluster seen in many Seed rounds (e.g., Exwayz $1M on 2025-11-19; Seaber $2M on 2025-10-27). Separately, several entries report “undisclosed” amounts (e.g., Ardian on 2025-11-20; PASQAL on 2025-11-01; Shippingbo on 2025-10-31; Guepard on 2025-09-27), creating a distinct reporting outlier even when the stated stage is present.
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