France: Impact startups punch above their weight for funding in November
4 dec. 2024
15:43
Every month the French online business site Le Journal du Net releases its roundup of startup financing for the month just past. Impact Loop has taken a look through the numbers for November to find Impact startups have netted nearly a third of the funding.
Startup funding is still a nervous topic in France. The immediate post-Covid period saw a lot of activity and enthusiasm, but recent global challenges like the war in Ukraine, as well as the faltering of several big startups on their way to profit, have seen a lot of investors take a step back. In recent months we’ve seen an increase in funding again and many commentators are looking to call the end of the ‘funding crisis.’