The year of the French unicorns

INSUBCONTINENT EXCLUSIVE:
There are now 11 French unicorns, and many of them arrived in 2019In September 2019, President Emmanuel Macron was about to wrap up a speech
on late-stage investment in France
According to a press briefing and some discussions with a source, everything that he was supposed to announce had been announced.But he
dropped an unexpected number
immediately think about startups
In December 2018, I covered a two-day roadshow of the French tech ecosystem with 40 partners of international venture capital firms, as well
And 2019 has been a remarkable year when it comes to reaching unicorn status and raising late-stage rounds of funding.A new group of
unicornsAccording to a recent report from VC firm Atomico, there are 11 unicorns in France
Some of them have been around for years, such as BlaBlaCar (a ride-sharing marketplace for long distance rides), OVHcloud (a cloud hosting
company), Deezer (a music streaming service) and Veepee (an e-commerce company formerly known as Vente-privee.com).But in 2019 alone, a
handful of companies have reached unicorn status
Here are a few examples.