In October 2025, French startups raised €741 million across 54 funding rounds, reflecting a balanced return to a normal market pace amid strong investments in health, cybersecurity, and fintech sectors.

Target Information

In October 2025, French startups raised €741 million across 54 funding rounds. Although this amount reflects a decline from October 2024's €946 million and is significantly less than the record-breaking month of September marked by the €1.7 billion raised by Mistral AI, it showcases a market returning to a steady pace. Notable sectors driving this momentum include health, cybersecurity, and fintech, indicating a robust yet selective investment landscape.

The median ticket size in October was €3.8 million, consistent with the average observed throughout the year, reaffirming a selective but active market. This month illustrated a balanced ecosystem between targeted growth rounds and a particularly vibrant seed stage, reinforcing the traditional structure seen in a mature market, where Series A rounds account for the majority of the investment amounts.

Industry Overview in France

The investment climate in France is evidencing a cooling phase after the exuberance of prior months. October's €741 million raised represents a resurgence to realistic bases following a remarkable Sept