# B2B investors in France (2026 list) > 17 B2B investors in France, 94% active in the last 12 months. Led by New Enterprise Associates, Bpifrance, Citibank. Ranked by what they funded. Source: https://millionrounds.com/lists/b2b-investors-in-france (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # B2B investors in France Updated 7 November 2026 Firms observed backing a B2B company in France in the last two years, wherever the firm is based. [See all 17 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fb2b-investors-in-france)The top 17 **17** investors on the list No change this week **574** cheques in 12 months *-30%* against the market **$15M** median round they joined *+88%* against the market median **94%** wrote a cheque in 12 months **71%** have led a round ## The Top 17 Ordered by cheques observed, never by anything anyone paid for Deploying now (16) - 1 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen - 2 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen - 3 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen - 4 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen - 5 [Speedinvest](https://millionrounds.com/fund/speedinvest) *Deploying now* VC firm · Austria **345** **$6.7M** median round **Nov 2026** last seen - 6 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen - 7 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) *Deploying now* VC firm · France **256** **$17M** median round **Oct 2026** last seen - 8 [Northzone](https://millionrounds.com/fund/northzone) *Deploying now* VC firm · United Kingdom **240** **$22M** median round **Oct 2026** last seen - 9 [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) *Deploying now* VC firm · United States **239** **$3.3M** median round **Oct 2026** last seen - 10 [Seventure Partners](https://millionrounds.com/fund/seventure-partners) *Deploying now* VC firm · France **193** **$9.5M** median round **Sept 2026** last seen - 11 [Elaia](https://millionrounds.com/fund/elaia) *Deploying now* VC firm · France **156** **$7.6M** median round **Sept 2026** last seen - 12 [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) *Deploying now* Accelerator · Sweden **66** **$17M** median round **Aug 2026** last seen - 13 [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) *Deploying now* Hedge fund · United Kingdom **50** **$30M** median round **Sept 2026** last seen - 14 [Norrsken Evolve](https://millionrounds.com/fund/norrsken-evolve) *Deploying now* VC firm · Sweden **40** **$1.9M** median round **Oct 2026** last seen - 15 [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) *Deploying now* VC firm · United Kingdom **39** **$16M** median round **Oct 2026** last seen - 16 [Samaipata](https://millionrounds.com/fund/samaipata) *Deploying now* VC firm · Spain **32** **$8.8M** median round **May 2026** last seen - 17 [Financière Arbevel](https://millionrounds.com/fund/financiere-arbevel) quiet Investment firm **2** **$18M** median round **Jan 2025** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Pliant](https://millionrounds.com/company/pliant)** Series C · $80M *Led by* [Speedinvest](https://millionrounds.com/fund/speedinvest) - **30** Oct **[Serval](https://millionrounds.com/company/serval)** Series C · $150M *With* [Headline](https://millionrounds.com/fund/headline) - **29** Oct **[Crux Labs](https://millionrounds.com/company/crux-labs)** Seed · $6M *With* [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) - **28** Oct **[Open Cosmos](https://millionrounds.com/company/open-cosmos)** Series C · $334M *Led by* [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) - **27** Oct **[ClarityCare](https://millionrounds.com/company/claritycare)** Series A · $17M *Led by* [Headline](https://millionrounds.com/fund/headline) - **27** Oct **[MP Space](https://millionrounds.com/company/mp-space)** Seed · $16M *With* [Speedinvest](https://millionrounds.com/fund/speedinvest) ## Stages This Year 535 rounds - Seed **19%** - Debt **16%** - Series A **16%** - Venture **15%** - Series B **10%** - Other **25%** ## What They Backed Sectors, last 12 months - AI **180** - Biotech **48** - Fintech **46** - Healthcare **31** - Financial Services **30** - Energy **29** ## Cheques by Quarter Led Joined 189 Q1 25 230 Q2 25 210 Q3 25 224 Q4 25 198 Q1 26 151 Q2 26 129 Q3 26 26 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states) - [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states) - [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom) - [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states) - [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states) - [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states) - [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states) - [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states) - [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders in b2b software and saas - Lean B2B: Build Products Businesses Want Étienne Garbugli · 2014 4.16 from 249 ratings on Goodreads B2B software and SaaS About the book www.leanb2bbook.com « This is a must read for every B2B entrepreneur, SaaS creator or consultant and business school student. It's the kind of book you don't read once, you go back to it on a regular basis. » - Carmen Gerea, CEO & Co-founder, UsabilityChefs Lean B2B helps… On AmazonListen on Audible - The Pricing Roadmap: How to Design B2B SaaS Pricing Models That Your Customers Will Love Ulrik Lehrskov-Schmidt · 2023 4.43 from 207 ratings on Goodreads B2B software and SaaS About the book "The definitive resource on SaaS pricing, I absolutely can not recommend this book enough." Viktor Heide, COO of Contractbook.com, Forbes "30 under 30" A foolproof method to achieve skyrocketing sales, growth, and profits for your software as a service (SaaS) product starts… On AmazonListen on Audible - Integrity: The Courage to Meet the Demands of Reality Henry Cloud · 2006 4.22 from 3,393 ratings on Goodreads B2B software and SaaS About the book Integrity. It is more than simple honesty. It's the key to success. A person with integrity has the -- often rare -- ability to pull everything together, to make it all happen no matter how challenging the circumstances. Drawing on experiences from his work with Fortune 500… On AmazonListen on Audible - Blueprints for a SaaS Sales Organization by Jacco vanderKooij Jacco van der Kooij · 2015 4.33 from 324 ratings on Goodreads B2B software and SaaS About the book Because of their very nature, SaaS companies live and die on revenue growth. And once the service is ready there is a very small window in which to scale. Missing that window is the difference between massive success and mediocrity. With such high stakes, it is crucial to get a… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=b2b_software). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about B2B investors in France ### Who are the most active B2B investors in France? By cheques observed, the most active are New Enterprise Associates, Bpifrance, Citibank, Partech Ventures and Speedinvest. ### How many B2B investors in France are there? 17 are on record. 94% made an investment in the last 12 months and 71% have led a round. ### Which stages do B2B investors in France back? Of the rounds with a named stage in the last 12 months, mostly Seed (24%) and Debt (20%). ### How big are the rounds B2B investors in France join? The typical (median) round among the leading investors here is $15M. ### Which sectors do B2B investors in France back most? In the last 12 months, mostly AI, Biotech and Fintech. ### Which B2B investors in France lead the most rounds? New Enterprise Associates (73 led), Headline (24 led) and Partech Ventures (18 led). ### Where are B2B investors in France based? Among the most active, most are based in France (5), the United States (4) and the United Kingdom (3). ### What have B2B investors in France invested in recently? Recent rounds include Pliant (Series C, Nov 2026, with Speedinvest), Serval (Series C, Oct 2026, with Headline) and Crux Labs (Seed, Oct 2026, with Pareto Holdings). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)