The 5 hottest scaleups in France enter TECH5’s ‘Champions League of Technology’

Five flourishing French scaleups have made it into TECH5 — the “Champions League of Technology.”

The quintet will now compete for the title of top scaleup in Europe. The contest concludes on June 19-20, when the TECH5 champion will be announced on the main stage of TNW Conference. But first, the contenders have to win a regional crown.

For the French challengers, that’s no easy task. 

The country’s tech sector has been going through a historic boom. Over the past decade, the startup scene has seen the most dramatic growth of any European country, with investments surging nearly 1000% to €53bn, according to VC firm Atomico.

One of the largest recent funding rounds went to French AI darling Mistral. In June 2024, the Paris-based company raised €468mn and became Europe’s most valuable AI startup.

France’s blend of highly skilled talent, increased government support ...