Despite the crisis, French Tech is doing well and is breaking fundraising records.

French startups raised 5.4 billion euros last year.

Nicolas Barré takes stock of a current economic issue.

Emmanuel Macron will visit this Wednesday afternoon at the VivaTech fair, which brings together startups and large groups from around the world.

the president wants to show that the "startup nation" is not a myth.

It's true, it's a reality first of all in terms of jobs.

Little is known about the 120 largest French startups, representing 26,000 direct jobs and more than 160,000 indirect jobs, according to a study unveiled this Wednesday morning by the Roland Berger firm.

So it is not at all anecdotal.

These companies achieve more than five billion euros in turnover today, a figure which should exceed 19 billion in 2025. It is a rapidly growing universe, with companies that are starting to become heavyweights, far away. of the image of épinal of the small startup installed in a former artist's studio.

The state has helped the French ecosystem a lot.

Moreover, a large third of these 120 startups benefited from public funding.

The Public Investment Bank is present in the capital of an incredible collection of startups.

This was needed to prime the pump.

But today, those investments are paying off.

Last year, France was the country of the European Union which attracted the most funding, 5.4 billion euros.

French Tech is well on the radar of large international investors since 40% of funding in our ecosystem today comes from foreign funds, the vast majority of them American.

Among these successes, we think of companies like OVH, Back Market or Doctolib.

Which means that today, we do not necessarily realize it, nearly one in two French people use the services of one of the Next40 companies, which brings together the most promising startups: startups have entered people's life. We would not be more than 30 million vaccinated in France if there was no Doctolib. The flip side is that despite these great successes, Europe lacks real tech giants: they are Americans or Chinese. This is the next challenge for European Tech. Going to the next level before being bought by American giants, which unfortunately remains the rule too often.