According to Dewez, with €7.1 billion in venture funding in 2024, that metric is slightly up compared to 2023 (€6.8 billion). However, in 2022, French startups raised as much as €11.8 billion.
The pessimistic take would be that if it weren't for artificial intelligence, we would be in a startup funding slowdown. AI now represents 27% of the total funding amount in French startups.
AI startups have raised 82% more money in 2024 compared to 2023. Non-AI funding is down 11% year over year, highlighting the divergence within the startup ecosystem.
The optimistic take is that artificial intelligence represents the next big opportunity for startups, with many investors adopting an opportunistic approach without any specific investment vertical in mind.
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