French Tech Next40/120

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Until : Friday 12 April 2024

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Launched in 2019 by the French Tech Mission, French Tech Next40/120 is a government support programme dedicated to the 120 most successful French start-ups with the potential to become world-class leaders. For one year, they will receive support tailored to their development challenges in France and abroad.
Video feedback from the announcement of the 2023 winners of the French Tech Next40/120 support programme. See detailed description below. 2023 French Tech Next40/120 laureates

The video consists of a succession of individual contributions filmed on camera or at public events.

[French Tech]

[Images from the Élysée Palace]

Jean-Noël Barrot, Minister Delegate in charge of the Digital Transition and Telecommunications (speaking as part of the announcement of the class of 2023 of the French Tech Next40/120 programme) – We are gathered here this evening to announce and celebrate the winners of this programme, which is now emblematic of the French Tech 120 and Next 40.

Emmanuel Macron, President of the French Republic (speaking at a French Tech event) – First of all, I’m very proud of you. I’m impressed by the trajectory you’ve taken over the past ten years, individually and collectively. And you’ve helped to transform the country.

Clara Chappaz, Director of the French Tech Mission (on camera) – The French Tech Next40/120 start-ups are the spearheads of the French Tech ecosystem of 25,000 start-ups that the French use on a daily basis.

Jean-Noël Barrot (on camera) – It’s a DeepTech* class, it’s a class of industrial start-ups, it’s a GreenTech** class and it’s a class that’s becoming increasingly gender-balanced, even though we still have a lot of progress to make in this area.

Éléonore Crespo , CEO of Pigment and 1st woman in the Next40 (on camera) – As the first woman director of the Next 40, listen, I hope to be a beacon of hope and to be able to help a lot of women entrepreneurs to do the same thing. In any case, go for it!

Clara Chappaz (on camera) – What’s incredible about this class of 2023 is that there’s been a huge surge in start-ups in the ecological transition. There are ten of them in the Next 40. That’s one in four of the Next 40. And these are companies that are playing a full part in the country’s re-industrialisation.

Aurélien de Meaux, CEO of Electra (on camera) – I think it’s important that there are industrial start-ups focused on the energy transition in the Next 40, because it’s one of the hallmarks of the decade and the government wants to push it forward, so that’s why we’re here today.

Laure Cohen, co-founder of Certideal (on camera) – Economic issues are inseparable from environmental issues. Growth is very important, but it’s also important for us to have a government that supports, shares and understands environmental values.

Jean-Noël Barrot (on camera) – French Tech has been a French success story for ten years now. It’s a success story for all French people. It’s a success for all French people, because French Tech companies have created tens and hundreds of thousands of jobs in every region of France and in the French overseas territories, regions that French Tech helps to revitalise, regenerate and re-industrialise on a daily basis.

Benoît Lemaignan, CEO of Verkor (on camera) – The Battery School is an initiative that we have launched at Verkor in conjunction with the entire battery ecosystem. To do this, we need to train talent across the entire value chain. That’s why we’ve set up this school to train operators and managers in these new professions.

Clara Chappaz (speaking as representatives of the French Tech ecosystem took the floor) – Well done, of course, to all of you, the winners of the French Tech Next40/120, the class of 2023. A class that is stronger than ever, greener than ever and even more industrial than ever.

Emmanuel Macron (speaking at a meeting on the theme of “companies developing factories in France”) – This is the fruit of a collective, massive effort of cooperation between the public and private sectors, from the provinces to Paris and internationally, from investment to entrepreneurship, from research to heavy industry. Your responsibility, wherever you are, is to take up these challenges, to rise to them and to succeed. Thank you very much.

[French Republic – Liberté Égalité Fraternité]

* DeepTech: term used to describe companies developing highly innovative projects.

** GreenTech: term used to designate companies whose field of activity is linked to the ecological transition.

Created in 2019 by the French Tech Mission, the French Tech Next40/120 is above all a programme through which the State supports companies whose weight in tomorrow’s French economy will be even greater than it is today, due to the jobs and value they create, and their development beyond our borders. We will also support them in these commitments.

Clara Chappaz

Director
French Tech Mission

Programme description

Programme objectif

Turn France’s 120 most successful start-ups into world-class leaders, with individual support on government-related issues (relations with government departments and ministries, regulatory and standards issues), encourage commercial development with private and public sector players (Je choisis la French Tech) and encourage the sharing of experience between peers and expertise in group formats on strategic issues such as international development, financing and setting up a local presence.

Based on objective criteria of economic performance (hypergrowth in revenues or funds raised), this programme gives France’s biggest start-ups a high profile both nationally and internationally. It promotes products and services that have become essential to our daily lives, as well as disruptive innovations that meet the major challenges of ecological transition, re-industrialisation and technological sovereignty.

The French Tech Next40/120 programme aims to provide individual and collective support on strategic issues such as international development, financing, recruitment, local presence, intellectual property and regulatory issues.

Service offer

The start-ups selected in the French Tech Next40/120 will benefit from a dedicated support programme for one year, operated by the French Tech Mission teams.

93% of the start-ups supported in 2022 consider that this programme has been an asset for the development of their business (survey carried out among the class of 2022 in December 2022).

This support is divided into four parts.

A dedicated start-up manager

Within the French Tech Mission, the start-up managers dedicated to the French Tech Next40/120 programme have a portfolio of companies. Their job is to identify the companies’ priority issues, activate the appropriate service offering and liaise with the network of French Tech Correspondents.

Improved visibility

Companies will be able to take part in initiatives designed to raise their profile, both in France and internationally, such as taking part in events, promoting French Tech Next40/120 in the media and taking part in international delegations via the French Tech Capitals and Communities network.

Support on regulatory and standards issues

The French Tech Mission will provide legal advice on regulatory and standards issues, and will also call on the programmes’ partners (Agence de l’innovation en santé, INPI, CNIL, etc.).

Events to share experience and expertise

Laureates have access to the French Tech Mission events on a range of issues including financing, recruitment, international development, ecological transition, external growth, parity, inclusion and diversity.

Tailor-made support from the French Tech Correspondents network

This network brings together 60 government departments and public services that are partners of the French Tech Mission, and have rallied round to contribute to the success of the start-ups supported by the Mission (Bpifrance, Business France, UGAP, Banque de France, Urssaf, AFNOR, DGFIP, etc).

Programme history

September 2019 Launch of the French Tech Next40/120 programme

Cédric O, Secretary of State for the Digital Economy, is launching this first programme to support and promote 120 young French companies considered to be promising and likely to become technological leaders.

February 2023 Announcement of the 2023 laureates

Unveiled at the Elysée Palace in February 2023 by President Emmanuel Macron and Digital Minister Jean-Noël Barrot, alongside Clara Chappaz, Director of Mission French Tech.

Laureates 2023

This 4th promotion of the French Tech Next40/120 is the most selective since its creation. It embodies the record dynamics of the ecosystem in France:

  • revenue growth to €11.3 billion in 2022, up from €9.5 billion in 2021

  • growth in employment, with 47,800 direct jobs in France and around the world

  • the emergence of 8 new unicorns, exceeding the initial target of 25 by 2025

  • external growth, with 93 acquisitions by 2022

Laureates Next40

360 Learning
Alan
Ankorstore
BackMarket
BlaBlaCar
ClubFunding
Contentsquare
DentalMonitoring
Descartes
DNAScript
Doctolib
Ecovadis
Electra
Exotec
Flying Whales
iad
Innovafeed
Ivalua
Ledger
Loft Orbital
Lydia
ManoMano
Mirakl
NW
PayFit
Pigment
Qonto
SAFTI
Shift Technology
Sorare
Spendesk
Swile
Veepee
Verkor
Vestiaire Collective
Voodoo
Wifirst
Ÿnsect
Younited
Zeplug

Laureates French Tech 120

52 entertainment
Adikteev
Agicap
Agriconomie.com
Akeneo
Aledia
Alma
Anycommerce
Anywr
Bioserenity
Botify
Brevo
Brut.
Campings.com
CertiDeal
ChapsVision
CorWave
Crosscall
Cubyn
Deepki
Devialet
Ekwateur
Equativ
Geosat
Gojob
HelloCSE
HOMA
HR Path
Igyxos Biotherapeutics
Ilek
ImCheck Therapeutics
Inotrem
ITEN
Iziwork
Kinéis
Klaxoon
La Belle Vie
Le Collectionist
LeHibou
Leocare
Libon
Lifen
Little Worker
Lucca
LumApps
Malt
Matawan
Medadom
Mnemo Therapeutics
Myditek
MYM
Okamac
Openclassrooms
Ornikar
Papernest
Pennylane
Pharmedigroup
Platform.sh
PlayPlay
Prophesee
Qair
Sarbacane
Seyna
Singulart
Skeepers
Skello
Smallable
SparingVision
Superprof
Sweep
TapNation
Tissium
Tootila
TreeFrog Therapeutics
Trusk
Ultra Premium
Virtuo
Visiperf
Withings
Yespark
Yousign
Yubo

Key figures for laureates of 2023

11,3 billion euros

revenue growth in 2022, compared with 9.5 billion euros in 2021

47 800

direct jobs generated in France and around the world by the start-ups in the French Tech Next40/120 promotion of 2023

8 new unicorns

have emerged, exceeding the initial target of 25 unicorns by 2025

93

business acquisitions in 2022 by laureates of the support programme

A committed promotion of 2023

For the first time, the promotion of French Tech Next40/120 shows the way to a collective, complete and virtuous performance.

  • Ecological transition: the winning start-ups are committed to carrying out a carbon assessment (scope 1,2,3) by the end of 2023. More than half have already done so, including 92% for all three scopes.

  • Parity: the number of women in the French Tech Next40/120 has tripled since 2020, and the class of 2023 welcomes its first female CEO to the Next40, a symbol that should pave the way for even more female leaders. The laureates start-ups are also committed to measuring their gender index in order to improve it and achieve parity.

  • Diversity: the laureates start-ups will be involved in a collective project, led and facilitated by the French Tech Mission teams, during the first half of 2023.

Selection criteria

Start-ups are selected for the programme on the basis of objective criteria that allow us to assess the start-up’s growth potential, either by evaluating the confidence of its customers (revenue growth) or its investors (fundraising). This latter measure is particularly important for DeepTech start-ups that need substantial funding for their disruptive innovations and industrial set-up before the start of their commercialisation phase.

Selection criteria for the Next40, the 40 most successful start-ups

For the “sales growth” section, which assesses economic performance through customer confidence:

  • At least 100 million euros in net sales in the last financial year, and at least 15% annual growth over 3 years (20 places, awarded in descending order of sales).

For the “fundraising” section, which evaluates economic performance in terms of investor confidence:

  • Highest cumulative fundraising between January 2021 and April 2024 (20 places, awarded in descending order of amount).

Selection criteria for the French Tech 120, the 80 high-potential start-ups

The selection of the 80 start-ups to be added to the Next40 winners is based on the following criteria:

For the “sales growth” section:

  • At least 10 million euros in sales and 15% average annual growth over 3 years (40 places, awarded in descending order of sales).

For the “fund-raising” section:

  • Have the highest cumulative fundraising figures between January 2021 and April 2024 (40 places, awarded in descending order of amount).

Finally, all Next40 and French Tech 120 winners in the class of 2024 will be required to make the following commitments:

  • On the ecological transition, by providing a carbon footprint between 2021 and 2024 as part of their application,

  • On parity, by communicating their professional equality index. This index must score at least 75, or else be accompanied by an action plan to achieve it (the higher a company’s performance on the equality index, the more points it will receive, with a maximum of 100).

Testimonials

We’re delighted to be part of the French Tech 120 and to see our growth, expertise and innovation rewarded. We are contributing to the challenges of decarbonising businesses and our economy, and therefore our country’s sovereignty. So we’re all the more delighted that French Tech is taking up these issues.

Rachel Delacour

CEO
Sweep

Find out more about French Tech Next40/120 start-ups

All the data on the start-up ecosystem in the French Tech Next40/120 programme is brought together in this tool, designed for managers, investors and enthusiasts.

Ecosystem data

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