Country comparison

France vs Netherlands: startup funding compared

Since 2 June 2025, startups in France raised $11.8B across 366 rounds, 2.4 times the Netherlands' $4.9B.

$11.8BCapital raised$4.9B
366Rounds154
$6.9MMedian round$4.8M
1.7%Share of all capital0.7%
66%Early-stage rounds53%

Capital raised running total by month

$11.8B$5.9B France, end of Jun 25: $622MFrance, end of Jul: $1BFrance, end of Aug: $1BFrance, end of Sept: $3.7BFrance, end of Oct: $4.3BFrance, end of Nov: $4.6BFrance, end of Dec: $5BFrance, end of Jan 26: $5.4BFrance, end of Feb: $5.6BFrance, end of Mar: $6BFrance, end of Apr: $6.2BFrance, end of May: $6.5BFrance, end of Jun: $7.2BFrance, end of Jul: $7.5BFrance, end of Aug: $7.5BFrance, end of Sept: $11.2BFrance, end of Oct: $11.7BFrance, end of Nov: $11.8BNetherlands, end of Jun 25: $268MNetherlands, end of Jul: $351MNetherlands, end of Aug: $367MNetherlands, end of Sept: $843MNetherlands, end of Oct: $1.3BNetherlands, end of Nov: $2BNetherlands, end of Dec: $2BNetherlands, end of Jan 26: $2.4BNetherlands, end of Feb: $2.7BNetherlands, end of Mar: $2.9BNetherlands, end of Apr: $3BNetherlands, end of May: $3.1BNetherlands, end of Jun: $3.6BNetherlands, end of Jul: $3.6BNetherlands, end of Aug: $3.7BNetherlands, end of Sept: $4.5BNetherlands, end of Oct: $4.6BNetherlands, end of Nov: $4.9B Jun 25SeptDecMarJunSept
FranceNetherlands
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Where the money goes share of capital by sector

France

  • AI66%$7.7B
  • Other8%$883M
  • Health6%$752M
  • Fintech5%$594M
  • Climate & Energy4%$453M
  • Robotics & Hardware3%$383M

Netherlands

  • AI34%$1.6B
  • Other23%$1.1B
  • Enterprise software11%$539M
  • Climate & Energy9%$466M
  • Robotics & Hardware9%$450M
  • Fintech7%$343M

Biggest rounds

Stage mix share of rounds

FranceNetherlands
47%Pre-Seed and Seed38%
19%Series A16%
5%Series B9%
3%Series C and later5%
26%Other or undisclosed32%

Most active investors rounds joined

InvestorFranceNetherlands
Bpifrance55·
Kima Ventures46·
EIC Fund106
Invest-NL·14
Daphni11·
Speedinvest101
50 Partners10·
Better Angle10·
OVNI Capital91
Y Combinator10·
Alven9·
BNP Paribas Développement9·

Startup hubs rounds and capital by city

France

  • Paris198$6.1B
  • Grenoble13$327M
  • Marseille5$150M
  • Malakoff1$117M
  • Lyon8$104M
  • Bordeaux7$87.2M

Netherlands

  • Amsterdam67$2.9B
  • Eindhoven15$624M
  • Rotterdam4$405M
  • Utrecht6$178M
  • Naarden2$73M
  • Veldhoven1$45.9M

Latest rounds

Questions

Which country raised more startup funding, France or the Netherlands?

France. Since 2 June 2025, startups in France raised $11.8B across 366 rounds, against $4.9B across 154 rounds in the Netherlands, 2.4 times more. That is 1.7% and 0.7% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in France and the Netherlands?

366 rounds in France and 154 rounds in the Netherlands since 2 June 2025, about 20 and 9 a month.

Are startup rounds bigger in France or the Netherlands?

The median round is $6.9M in France and $4.8M in the Netherlands, and the average round $32.1M and $31.9M. 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 the Netherlands?

The biggest startup rounds in the Netherlands since 2 June 2025 are Wonderful ($550M, Series C, 2 Sept 2026), Picnic ($495M, Growth, 21 Nov 2025) and Nearfield Instruments ($380M, Series D, 22 Jun 2026).

Which sectors attract the most startup funding in France and the Netherlands?

In France, AI ($7.7B, 66% of the capital), Health ($752M, 6%) and Fintech ($594M, 5%) lead. In the Netherlands, AI ($1.6B, 34% of the capital), Enterprise software ($539M, 11%) and Climate & Energy ($466M, 9%) lead.

Is France or the Netherlands better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 66% of rounds in France and 53% in the Netherlands. France recorded 172 Pre-Seed or Seed rounds and the Netherlands 58 Pre-Seed or Seed rounds, with a median of $3.1M and $2.1M.

How much growth funding (Series B and later) goes to France and the Netherlands?

Startups in France raised $6.8B in 30 Series B or later rounds, 58% of the country's capital. In the Netherlands, $2.2B in 22 rounds, 45% 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 the Netherlands?

Invest-NL (14 rounds, 4 led), Innovation Industries (9 rounds, 5 led) and Rabobank (7 rounds, 1 led) are the most active investors in the Netherlands.

Which investors back startups in both France and the Netherlands?

61 investors joined rounds in both countries. The most active: EIC Fund (10 in France, 6 in the Netherlands), Speedinvest (10 in France, 1 in the Netherlands), OVNI Capital (9 in France, 1 in the Netherlands), Galion.exe (8 in France, 1 in the Netherlands) and Index Ventures (6 in France, 3 in the Netherlands).

Which cities lead startup funding in France and the Netherlands?

Paris leads France with $6.1B across 198 rounds, ahead of Grenoble ($327M). Amsterdam leads the Netherlands with $2.9B across 67 rounds, ahead of Eindhoven ($624M).

Which month brought the most startup funding?

In France, September 2026 ($3.7B). In the Netherlands, September 2026 ($835M).

How much did startups in France and the Netherlands 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 the Netherlands $1.3B across 14 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.

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