In 2022, a total of 1.072 million new businesses were created in France, a 2% increase from 2021 and a new record.
According to the French National Institute for Statistics and Economic Studies (INSEE), this upward trend has mainly benefited firms specializing in industrial activities (18.2%), business support (17.7%), household services (17.5%) and information and communication (14.4%). However, those businesses specializing in financial activities and insurance (5.8%) and construction (5%) shouldn’t be forgotten. A total of 61% of all these new businesses were micro-enterprises. [1]
How many startups are there in France in 2022?
On the StartupBlink Global Startup Ecosystem Map there is a sample of 2584 startups in France, 63 accelerators in France, 119 coworking spaces in France, 12 organizations in France and 1 leaders in France. [2]
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The France Startup Ecosystem is World’s Leading Innovation Hubs, ranked at number 9 globally, and shows a positive momentum 3 spots since 2021. France also ranks at number 4 for startups in Western Europe. There are 35 cities ranked in the top 1,000 in France and the top ranked city in France is Paris at 10 globally. Paris is followed by Toulouse at 155 and Lyon at 156. France is an ideal place to locate for Foodtech, Education and Transportation startups. As the most popular industries in the country, there is a sample of 847 Foodtech startups in France, 286 Education startups in France and 280 Transportation startups in France, on the StartupBlink Map.
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French Tech to receive €5 billion in the next three years (2019-2022)
Friday, September 27, 2019
To mark France Digital Day, President Macron announced €5 billion in investment for startups over the next three years. These funds will be sourced from institutional investors, including insurers, bank insurers, health insurers and pension funds. The aims are to facilitate access to funding for French Tech champions and to have 25 unicorns by 2025.Up to €2 billion will be invested in venture capital funds specializing in late-stage funding (tickets over €50 million), while €3 billion will be invested in funds handled by France-based asset managers, specializing in listed investment in the technology sector.In the first half of 2019, French startups raised €2.7 billion, up 23% year-on-year. They are ranked second in Europe, both in terms of amounts raised and the number of transactions. If the trend continues, the amounts raised by December 2019 could reach US$5.5 billion, 41% more than in 2018, according to CB Insights.
See Key Facts and Figures #28 (in French)
Fundraising rounds in excess of €50 million are on the up in France: according to EY, there were 13 recorded in the first half of 2019, compared with just eight for the whole of 2018.
The French government also unveiled a list of 40 promising Tech businesses to form part of the “Next40”, benefiting from greater visibility and support in terms of financing and access to talent and key contacts.
The French startup ecosystem was valued at $89 billion in 2021 with $5 billion in total early-stage funding. According to Startup Genome, Paris\’ greater metro area is home to approximately 12,000 startups. [4]
Source:
[1]: https://www.businessfrance.fr
[2]: https://startupblink.com
[3]: www.businessfrance.fr
[4]:
