Deeptech funds investing in France
Funds that back French startups built on breakthrough technology and research.
- funds in this list
- 190
- very active
- 55
- at least 4 new investments in 12 months
- French funds
- 145
- foreign funds
- 45
- Healthcare: 114 funds, 96 French and 18 foreign
- Climate and energy: 78 funds, 70 French and 8 foreign
- Fintech and insurtech: 58 funds, 38 French and 20 foreign
- AI: 187 funds, 120 French and 67 foreign
- Deeptech: 190 funds, 145 French and 45 foreign
- Impact: 208 funds, 179 French and 29 foreign
- Defense and space: 27 funds, 24 French and 3 foreign
- Agrifood: 40 funds, 36 French and 4 foreign
- Cybersecurity: 15 funds, 11 French and 4 foreign
Funds investing in deeptech
9 representative funds, three per stage, picked from the 190 that made at least 2 new investments in this sector over 36 months. The rest of the list opens with a free account.
Pre-seed and seed
Wind Capital
VC fund · Paris
Wind Capital is a Parisian VC fund founded in 2015 by Thierry Vandewalle (former founder of WCube, acquired by Publicis) and Xavier Gury…
10 new deeptech investments in the last 36 months
Pre-seed to Series A
iXcore (incl. iXLife)
Corporate VC · Paris
iXcore is an investment company founded in 2001 in Marly-le-Roi, with its biotech arm being iXLife Capital (€50M), led by Prof.
9 new deeptech investments in the last 36 months
Seed
Critical Path Ventures
VC fund · Paris
Critical Path Ventures is a Paris-based seed fund created in 2022, dedicated to deeptech researcher-entrepreneurs: physics, medicine…
8 new deeptech investments in the last 36 months
Pre-seed to Series B
Series A
Bpifrance Deeptech Venture
Public fund · Paris
Bpifrance Deeptech Venture is the venture capital arm of Bpifrance dedicated to companies originating from public research, established in…
25 new deeptech investments in the last 36 months
Seed to Series B
UI Investissement
Private equity fund · Paris, Rennes +7
UI Investissement is one of the pioneering and independent players in private equity in France, with €1.7 billion under management and…
19 new deeptech investments in the last 36 months
Seed to Series B
Supernova Invest
VC fund · Paris
Supernova Invest is the French specialist in deeptech originating from research, with a legitimacy that few funds can claim: it was born…
15 new deeptech investments in the last 36 months
Seed to Series B
Series B and beyond
EIC (European Innovation Council)
Public fund · Brussels
The European Innovation Council (EIC) is the investment arm of the European Commission dedicated to breakthrough technologies, with a…
30 new deeptech investments in the last 36 months
Series A to Growth
Turenne Capital (incl. Innovacom)
Private equity fund · Paris, Nantes +3
Turenne Capital is one of the major players in small cap in France, founded in 1999 with nearly €2 billion under management.
12 new deeptech investments in the last 36 months
Seed to Series B
Crédit Mutuel Impact
Corporate VC · Paris
Crédit Mutuel Impact is the investment management company for third-party accounts of Crédit Mutuel Alliance Fédérale, formerly Crédit…
9 new deeptech investments in the last 36 months
Seed to Series B
181 more funds in this list. Create your free account to see every fund in this list, open their profiles and add the ones that fit you to your fundraising CRM.
Other fund lists
- Healthcare (114 funds)
- Climate and energy (78 funds)
- Fintech and insurtech (58 funds)
- AI (187 funds)
- Impact (208 funds)
- Defense and space (27 funds)
- Agrifood (40 funds)
- Cybersecurity (15 funds)
Frequently asked questions
How many funds back deeptech startups in France?
190 funds made at least 2 new deeptech investments over the last 36 months, based on the rounds tracked by Builders Republic: 145 are headquartered in France, 45 abroad. 55 are very active, with at least 4 new investments in the last 12 months across all sectors.
How many deeptech rounds are raised in France?
Over the last 36 months, Builders Republic tracked 470 deeptech rounds in France: 208 at pre-seed or seed, 131 at Series A and 69 at Series B or later. The remaining rounds have no stage or are other operations.
What is a deeptech startup?
A deeptech startup is built on breakthrough technology with a heavy research and development component: biotech, hardware, quantum, nuclear, space or advanced cybersecurity. Its cycles are longer and its capital needs higher, hence dedicated funds and public funding.
How are the funds on this page chosen?
A fund enters the list once it has made at least 2 new deeptech investments over the last 36 months, based on the rounds tracked by Builders Republic. The sectors funds declare do not count: most of them declare almost all of them. Builders Republic then hand-picks three active funds per stage, placed according to the stages they declare. This is not a ranking. The figure on each card counts its new deeptech investments over the last 36 months, all stages combined.
How can I see the full list?
All 190 funds in this list show up on this page with a free account, and each one opens its profile: team, portfolio, latest investments. You can then add the ones that fit you to your fundraising CRM.
Other reference pages
More public pages on the French tech ecosystem.
- French unicorns : Their valuation, when they joined the club and the funds that backed them.
- French Tech 120 and Next40 : This year's laureates and their investors.
- Startup funding in France : The monthly barometer of announced rounds.
- Business angels in France : Business angels active in French tech.