In just a few days, France holds an artificial intelligence action summit, where the head of state is gathering in Paris to meet a global technical leader. They will probably publish some big investment and diplomatic agreements focusing on the impact of safety or artificial intelligence.
Prior to the summit, the initial VC company Galion.exe, the growth investment company Revaia, and the advisory company Chasson Partners formed a team to create a France AI report to examine the current trend of Tech Ecosystem.
At present, all eyes are in the United States and China, and the opening is trying to raise hundreds of billions of dollars, but the deep seek, which has attracted everyone’s attention, has a boom in Europe AI startups. In 2024 alone, AI companies accounted for about 20 % of all VC funds in the region.
In total, this represents about $ 8 billion funds for the 2024 AI startup. AI startups are still relatively young, so the metrics are the most likely to grow rapidly. 70 % of the capital collected by AI startups in 2024 was a series B -round seed.
European countries, which generally tend to attract VC funds, have become the main AI investment hubs, and the UK led a group, following the lawsuit between France and Germany, and Nordic has exceeded the population statistics. The breakdown from 2020 to 2024 is as follows.
Interestingly, as AI companies grow, they tend to attract international investors, and US VC companies account for about 50 % of the money invested in AI companies after the series C rounds. 。
More specifically, “There are more than 750 startups that create and operate 35,000 employment in all fields that are changing today’s society.” Clara Chappaz, a technical agent, said at a press conference.
She also stated that there were 2,000 scientists focusing on AI research and 600 doctoral students working on artificial intelligence. You may have noticed that there are quite a few French engineers and researchers working for AI companies in the United States.
The team behind the AI report in France tried to identify the new star in more detailed French top 400 AI startups. Mistral AI and poolside are already familiar to readers who follow the AI industry, but the majority of AI startups are not working on the next basic model.
In terms of infrastructure, some companies optimize data workflows and pipelines such as Linkup and Kestra, improve inference performance such as ZML, and improve productivity by applying large datasets. We are developing an agent that can be made. Dust is a good example.
But in reality, most AI startups in France focus on certain vertical applications. Based on this report, two important areas for AI startups in France are health and climate.
Owkin and their spin -off biotechnology companies, Bioptimus, are a surprisingly diverse group that has three major interests: imaging tools, drug discovery, and medical improvement, although the Bioptimus is a healthy stage.
Similarly, most of the AI industries are focused on improving office workers, but artificial intelligence is also actively used to build a next -generation climate startup. In addition to Agritech, carbon and energy management (two related topics) seem to be a big focus. There are also some promising new material companies that have appeared (for example, Alteabu).
Here are all companies included in the list. In addition, many AI companies that are working on sales, customer care, HR, or one legal job function are found, using AI to simplify the most common tasks.
Of course, some companies are not there in five years. However, many of them are growing rapidly now. We are still at the beginning of the AI Revolution. It is easy to think of the AI industry a country or one company as a zero -sum game of “winning”, but the AI boom seems to be more distributed.
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