European VCs Active in France

France’s venture ecosystem attracts major international and pan-European VC firms alongside its strong domestic base. These funds bring global networks, operational expertise, and growth capital to French startups.

Key Firms

Index Ventures (Geneva/London/SF, $3B+ AUM, early Contentsquare investor). Accel (London/Palo Alto, backed multiple French unicorns). General Atlantic (growth equity, multiple French deals). Atomico (London, Skype founder’s fund). Balderton Capital (London, $4B+ deployed). Northzone (Stockholm, Spotify backers, active in French B2B).

US VCs Entering France

Post-2023 AI boom, US mega-funds increased French allocations: Sequoia (seed investment in Mistral AI’s early round), Andreessen Horowitz (AI infrastructure), Lightspeed (enterprise SaaS). The 30% R&D tax credit and France 2030 co-investment further attract cross-border capital.