France sees biggest ever week for startup funding

The French tech ecosystem is having the biggest funding week in its history. And it’s still only Friday.

The nation’s entrepreneurs and investors were already giddy after experiencing an unprecedented parade of nine-figure fundraisings during the first half of 2021. But over the past four days, France somehow shifted into an even higher gear with four headline-making funding rounds.

On Tuesday, Sorare set a new French record by announcing a €580m round for its blockchain-based fantasy football platform. Just a few hours later, marketplace platform Mirakl disclosed details of a €473m round. The following day, foodtech platform Sunday trumpeted a €100m round. And on Thursday, Vestiarie Collective unveiled a €178m round for its circular economy fashion marketplace.

Source: https://sifted.eu/articles/france-startup-record-week/

 

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