{"id":8280,"date":"2012-12-21T09:30:23","date_gmt":"2012-12-21T08:30:23","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=8280"},"modified":"2019-05-16T17:58:47","modified_gmt":"2019-05-16T15:58:47","slug":"french-startups-e543m-in-funding-in-2012-a-93-growth","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2012\/12\/french-startups-e543m-in-funding-in-2012-a-93-growth\/","title":{"rendered":"French startups \u20ac543M in funding in 2012, a 93% growth"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright size-full wp-image-8281\" alt=\"93% growth\" src=\"https:\/\/www.rudebaguette.com\/wp-content\/uploads\/2012\/12\/1485496-e1356046726952.jpg\" width=\"250\" height=\"130\" srcset=\"https:\/\/www.rudebaguette.com\/wp-content\/uploads\/2012\/12\/1485496-e1356046726952.jpg 250w, https:\/\/www.rudebaguette.com\/wp-content\/uploads\/2012\/12\/1485496-e1356046726952-150x78.jpg 150w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/>French startups raised a total of \u20ac542 million in 2012, up 93% from 2011, according to a <a href=\"http:\/\/www.journaldunet.com\/web-tech\/start-up\/levees-de-fonds-2012-web-francais\/evolution.shtml\" target=\"_blank\" rel=\"noopener\">report<\/a> by JDN&#8217;s Hugo Sedouramane. The report, while annoyingly split into 9 different pages (stupid ad business) touches on some great points about this year in France, such as the influence of a few large rounds of funding on the overall amount: specifically, <a title=\"Deezer raises \u20ac100M from Warner Music owner Len Blavatnik\" href=\"https:\/\/www.rudebaguette.com\/2012\/10\/06\/deezer-raises-100m\/\">Deezer<\/a>(\u20ac100M), <a title=\"CEO JB Rudelle calls Criteo a Ninja Turtle on the eve of Series D fundraising\" href=\"https:\/\/www.rudebaguette.com\/2012\/09\/26\/ceo-jb-rudelle-calls-criteo-a-ninja-turtle-on-the-even-of-series-d-fundraising\/\">Criteo<\/a>(\u20ac30M), Spartoo(\u20ac25M), <a title=\"Viadeo has now raised over $50 Million; They Still Aren\u2019t Linkedin\" href=\"https:\/\/www.rudebaguette.com\/2012\/04\/13\/viadeo\/\">Viadeo<\/a>(\u20ac24M), Fotolia(\u20ac117M) and Sensee(\u20ac17M)&#8217;s impressively large rounds of funding, making up more than <em>half<\/em> of the total amount of funding raised this past year.<\/p>\n<h1>I love the smell of eCommerce in May<\/h1>\n<p><img decoding=\"async\" class=\"alignright\" alt=\"\" src=\"http:\/\/i-cms.lejdn.fr\/image_cms\/original\/1485270.jpg\" width=\"251\" height=\"166\" align=\"right\" \/>The report also goes on to breakdown funding by sector, showing that e-Marketing and <a href=\"https:\/\/www.rudebaguette.com\/category\/eCommerce\/\">eCommerce<\/a> represented more than 50% of funds raised &#8211; a crippling number compared to the 6.8% of money which went to <a href=\"https:\/\/www.rudebaguette.com\/category\/mobile\/\">mobile<\/a>. One of my most favorite images, featured to the right, was the breakdown in investments by date and amounts invested. Two distinct peaks reveal themselves, which top off in May &amp; October &#8211; with the worst dips occurring in August (of course), and December.<\/p>\n<h1>Investment is growing &#8211; International Investors getting curious<\/h1>\n<p>As we mentioned, a 93% growth in investment for France looks good, especially when we see that it is international investors making up some of the difference. The report notes that between Fotolia, Criteo, and Deezer alone, international investors put in nearly 250 million euros. In addition, foreign funds like <a href=\"https:\/\/www.rudebaguette.com\/tag\/Index-Ventures\/\">Index<\/a> &amp; <a href=\"https:\/\/www.rudebaguette.com\/tag\/Accel-Partners\/\">Accel<\/a> have been up-ing their game this past year &#8211; despite Business Objects founder Bernard Liautaud making regular trips to Paris in the form of open office hours, France saw little to no investment from Balderton Capital, the fund where he is a partner.<\/p>\n<h1>What does 2013 hold?<\/h1>\n<p>Hopefully France will continue to see more foreign investment. I know this may make many VCs unhappy, as it will push up valuations on startups in earlier &amp; earlier stages, but  Rude Baguette will be working very hard in 2013 to create more cohesion between international investors and the French ecosystem. There is a great new generation of startups that I&#8217;ve seen brewing these past few months, and I&#8217;m looking forward to watching them continue to grow in an ever-growing ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French startups raised a total of \u20ac542 million in 2012, up 93% from 2011, according to a report by JDN&#8217;s Hugo Sedouramane. The report, while annoyingly split into 9 different pages (stupid ad business) touches on some great points about this year in France, such as the influence of a few large rounds of funding<\/p>\n","protected":false},"author":77,"featured_media":8281,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[113],"tags":[],"class_list":["post-8280","post","type-post","status-publish","format-standard","has-post-thumbnail","category-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/8280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=8280"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/8280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/8281"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=8280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=8280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=8280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}