Country comparison
France vs Mexico: startup funding compared
Since 2 June 2025, startups in France raised $11.8B across 366 rounds, 8.9 times Mexico's $1.3B.
Capital raised running total by month
Where the money goes share of capital by sector
France
Mexico
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | France | Mexico |
|---|---|---|
| Bpifrance | 55 | · |
| Kima Ventures | 46 | · |
| Daphni | 11 | · |
| 50 Partners | 10 | · |
| Better Angle | 10 | · |
| EIC Fund | 10 | · |
| Speedinvest | 10 | · |
| Y Combinator | 10 | · |
| Alven | 9 | · |
| BNP Paribas Développement | 9 | · |
| Elaia | 9 | · |
| OVNI Capital | 9 | · |
Startup hubs rounds and capital by city
France
Mexico
Latest rounds
Questions
Which country raised more startup funding, France or Mexico?
France. Since 2 June 2025, startups in France raised $11.8B across 366 rounds, against $1.3B across 23 rounds in Mexico, 8.9 times more. That is 1.7% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in France and Mexico?
366 rounds in France and 23 rounds in Mexico since 2 June 2025, about 20 and 1 a month.
Are startup rounds bigger in France or Mexico?
The median round is $6.9M in France and $13M in Mexico, and the average round $32.1M and $57.3M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in France?
The biggest startup rounds in France since 2 June 2025 are Mistral ($3.5B, Series D, 8 Sept 2026), Mistral AI ($2B, Series C, 9 Sept 2025) and Alan ($547M, 29 Jun 2026).
What is the biggest startup round in Mexico?
The biggest startup rounds in Mexico since 2 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).
Which sectors attract the most startup funding in France and Mexico?
In France, AI ($7.7B, 66% of the capital), Health ($752M, 6%) and Fintech ($594M, 5%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.
Is France or Mexico better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 66% of rounds in France and 61% in Mexico. France recorded 172 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $3.1M and $4.8M.
How much growth funding (Series B and later) goes to France and Mexico?
Startups in France raised $6.8B in 30 Series B or later rounds, 58% of the country's capital. In Mexico, $1B in 5 rounds, 79% of the capital.
Who are the most active startup investors in France?
Bpifrance (55 rounds, 8 led), Kima Ventures (46 rounds, 5 led) and Daphni (11 rounds, 8 led) are the most active investors in France.
Who are the most active startup investors in Mexico?
Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.
Which investors back startups in both France and Mexico?
13 investors joined rounds in both countries. The most active: General Catalyst (5 in France, 2 in Mexico), Heartcore Capital (4 in France, 1 in Mexico), Hedosophia (4 in France, 1 in Mexico), White Star Capital (4 in France, 1 in Mexico) and Andreessen Horowitz (3 in France, 2 in Mexico).
Which cities lead startup funding in France and Mexico?
Paris leads France with $6.1B across 198 rounds, ahead of Grenoble ($327M). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).
Which month brought the most startup funding?
In France, September 2026 ($3.7B). In Mexico, April 2026 ($405M).
How much did startups in France and Mexico raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in France raised $4.2B across 29 rounds and in Mexico $190M across 2 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.