France - Venture Capital Trends: 17 Unicorns
France, not always at the top of mind when it comes to innovative tech firms, is gaining traction when it comes to VC funding of innovative young firms. According to research by Avolta Partners, a boutique investment bank, there are now 17 unicorns in France. The report states: “If anyone still had lingering doubts about the French Tech’s ongoing success, Q2-21 is convincing proof of this. French startups have raised 2x more in Q2-21 (€3.2bn) than in Q1-21. In the first 6 months of 2021, they raised €4.6bn, which is almost identical to the 2020 full year figure (€5.4bn).” Avol...