Country comparison
France vs Switzerland: startup funding compared
Since 2 June 2025, startups in France raised $11.8B across 366 rounds, 3.6 times Switzerland's $3.3B.
Capital raised running total by month
Where the money goes share of capital by sector
France
Switzerland
Biggest rounds
Switzerland
Stage mix share of rounds
Most active investors rounds joined
| Investor | France | Switzerland |
|---|---|---|
| Bpifrance | 55 | 1 |
| Kima Ventures | 46 | 1 |
| Founderful | · | 14 |
| Daphni | 11 | 1 |
| Speedinvest | 10 | 2 |
| Y Combinator | 10 | 2 |
| Elaia | 9 | 2 |
| Seedcamp | 9 | 2 |
| 50 Partners | 10 | · |
| Alven | 9 | 1 |
| Better Angle | 10 | · |
| EIC Fund | 10 | · |
Startup hubs rounds and capital by city
France
Switzerland
Latest rounds
Questions
Which country raised more startup funding, France or Switzerland?
France. Since 2 June 2025, startups in France raised $11.8B across 366 rounds, against $3.3B across 128 rounds in Switzerland, 3.6 times more. That is 1.7% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in France and Switzerland?
366 rounds in France and 128 rounds in Switzerland since 2 June 2025, about 20 and 7 a month.
Are startup rounds bigger in France or Switzerland?
The median round is $6.9M in France and $7.5M in Switzerland, and the average round $32.1M and $25.7M. 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 Switzerland?
The biggest startup rounds in Switzerland since 2 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).
Which sectors attract the most startup funding in France and Switzerland?
In France, AI ($7.7B, 66% of the capital), Health ($752M, 6%) and Fintech ($594M, 5%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.
Is France or Switzerland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 66% of rounds in France and 61% in Switzerland. France recorded 172 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $3.1M and $4.3M.
How much growth funding (Series B and later) goes to France and Switzerland?
Startups in France raised $6.8B in 30 Series B or later rounds, 58% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% 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 Switzerland?
Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.
Which investors back startups in both France and Switzerland?
66 investors joined rounds in both countries. The most active: Bpifrance (55 in France, 1 in Switzerland), Kima Ventures (46 in France, 1 in Switzerland), Daphni (11 in France, 1 in Switzerland), Speedinvest (10 in France, 2 in Switzerland) and Y Combinator (10 in France, 2 in Switzerland).
Which cities lead startup funding in France and Switzerland?
Paris leads France with $6.1B across 198 rounds, ahead of Grenoble ($327M). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).
Which month brought the most startup funding?
In France, September 2026 ($3.7B). In Switzerland, July 2025 ($459M).
How much did startups in France and Switzerland 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 Switzerland $523M across 19 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.