
French Tech Seed Fund is a €400 million French government-backed fund managed by Bpifrance, designed to leverage private investment in technology-driven startups less than three years old. It provides financing through convertible bonds and co-investment mechanisms, with a focus on deeptech and high-technology-intensity innovation.
Deal activity increased 300% year-over-year (4 deals in the last 12 months). Their most common stage is seed (55% of deals). Average disclosed round size is $19.9M (across 3 rounds with reported amounts).
Portfolio
16
Fund Size
$430M
Top Stage
Seed
Last 12 Mo
4
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
22 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | — | Feb 2026 | |
| Series A | — | Feb 2026 | |
| GGeolinks Services | Series A | $7.1M | Feb 2026 |
| Unknown | — | Jan 2026 | |
| Series B | — | Nov 2025 | |
| DDillico | Seed | — | Jul 2025 |
| Series A | — | Jan 2025 | |
| Seed | — | Jan 2025 | |
| Series A | — | Jan 2025 | |
| Seed | — | Jan 2024 | |
| BBiomemory | Series A | $18M | Jan 2024 |
| Seed | — | Jan 2024 | |
| GGeolinks Services | Seed | — | Jan 2024 |
| Seed | — | Jan 2023 | |
| Series B | — | Dec 2020 | |
| Series B | — | Feb 2020 | |
| Seed | — | — | |
| Seed | $34.7M | — | |
| KKEYSOM | Seed | — | — |
| GGreenwaves Technologies | Seed | — | — |
| BBiomemory | Seed | — | — |
| Seed | — | — |
Top Co-Investors
Bpifrance8 shared
Blast.Club4 shared
UI Investissement3 shared
Blast3 shared
EIT InnoEnergy3 shared
NACO2 shared
Angelor2 shared
Alven2 shared
Founders Future2 shared
Sofinnova Partners2 shared
Sparkfood2 shared
Biocodex2 shared
Seventure Partners2 shared
SymBiosis2 shared
Elaia2 shared
KBC Focus Fund2 shared
Magic Johnson Enterprises2 shared
other private investors2 shared
MIG Capital AG2 shared
Last updated: 20 October 2026