Country comparison
United Kingdom vs France: startup funding compared
Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, 1.9 times France's $11.8B.
Capital raised running total by month
Where the money goes share of capital by sector
United Kingdom
France
Biggest rounds
United Kingdom
Stage mix share of rounds
Most active investors rounds joined
| Investor | United Kingdom | France |
|---|---|---|
| Bpifrance | · | 55 |
| Kima Ventures | 1 | 46 |
| Y Combinator | 19 | 10 |
| Entrepreneurs First | 19 | 4 |
| Seedcamp | 13 | 9 |
| LocalGlobe | 17 | 4 |
| Fuel Ventures | 18 | · |
| Index Ventures | 11 | 6 |
| Notion Capital | 12 | 5 |
| Speedinvest | 7 | 10 |
| AlbionVC | 16 | · |
| British Business Bank | 16 | · |
Startup hubs rounds and capital by city
United Kingdom
France
Latest rounds
Questions
Which country raised more startup funding, the United Kingdom or France?
The United Kingdom. Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, against $11.8B across 366 rounds in France, 1.9 times more. That is 3.2% and 1.7% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in the United Kingdom and France?
606 rounds in the United Kingdom and 366 rounds in France since 2 June 2025, about 34 and 20 a month.
Are startup rounds bigger in the United Kingdom or France?
The median round is $7M in the United Kingdom and $6.9M in France, and the average round $37M and $32.1M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in the United Kingdom?
The biggest startup rounds in the United Kingdom since 2 June 2025 are Isomorphic Labs ($2.1B, Series B, 12 May 2026), Nscale ($2B, Series C, 9 Mar 2026) and Wayve ($1.2B, Series D, 24 Feb 2026).
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).
Which sectors attract the most startup funding in the United Kingdom and France?
In the United Kingdom, AI ($14.5B, 65% of the capital), Health ($1.7B, 7%) and Robotics & Hardware ($1.4B, 6%) lead. In France, AI ($7.7B, 66% of the capital), Health ($752M, 6%) and Fintech ($594M, 5%) lead.
Is the United Kingdom or France better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 60% of rounds in the United Kingdom and 66% in France. The United Kingdom recorded 262 Pre-Seed or Seed rounds and France 172 Pre-Seed or Seed rounds, with a median of $3.5M and $3.1M.
How much growth funding (Series B and later) goes to the United Kingdom and France?
Startups in the United Kingdom raised $12B in 82 Series B or later rounds, 53% of the country's capital. In France, $6.8B in 30 rounds, 58% of the capital.
Who are the most active startup investors in the United Kingdom?
Y Combinator (19 rounds, 2 led), Entrepreneurs First (19 rounds) and Fuel Ventures (18 rounds, 13 led) are the most active investors in the United Kingdom.
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.
Which investors back startups in both the United Kingdom and France?
147 investors joined rounds in both countries. The most active: Kima Ventures (1 in the United Kingdom, 46 in France), Y Combinator (19 in the United Kingdom, 10 in France), Entrepreneurs First (19 in the United Kingdom, 4 in France), Seedcamp (13 in the United Kingdom, 9 in France) and LocalGlobe (17 in the United Kingdom, 4 in France).
Which cities lead startup funding in the United Kingdom and France?
London leads the United Kingdom with $15.6B across 396 rounds, ahead of Cambridge ($1.3B). Paris leads France with $6.1B across 198 rounds, ahead of Grenoble ($327M).
Which month brought the most startup funding?
In the United Kingdom, May 2026 ($4.4B). In France, September 2026 ($3.7B).
How much did startups in the United Kingdom and France raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in the United Kingdom raised $2.8B across 74 rounds and in France $4.2B across 29 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.