French Startups Are Pulling in Record Funds—And Catching Up the U.K.

In 2017, when newly elected French President Emmanuel Macron said, “I want France to be a startup nation,” his detractors used his phrase to mock him. 

If anything, France was struggling to attract venture capital, with the annual number of investments into startups falling in 2016, lagging both the U.K. and Germany, according to data from Pitchbook. 

In 2017, when newly elected French President Emmanuel Macron said, “I want France to be a startup nation,” his detractors used his phrase to mock him. 

If anything, France was struggling to attract venture capital, with the annual number of investments into startups falling in 2016, lagging both the U.K. and Germany, according to data from Pitchbook. 

Source: France's economy roars in Q3, inflation jumps