The Paris tech startup scene is bustling with advances across sectors like health, e-commerce, marketing, blockchain, and education. This ecosystem, supported by key investors such as Paris&Co, Telecom Paris, and Agoranov, offers strong financial backing at critical stages of growth. Startups benefit from collaboration and access to advanced technologies, while corporations explore new business models and enhance their tech capabilities.
This vibrant environment fosters sustainable growth and innovation, presenting valuable opportunities for new and established players. This selection offers valuable insights for corporates, innovation teams, and VCs engaging with the latest technologies and innovative solutions in Paris.
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1. Verdikt
- Founding Year: 2020
- Industry: IT
- Technology: Sustainable IT
Verdikt develops a corporate digital responsibility platform to measure and manage the CSR impact of IT departments. The platform integrates data collection from various IT assets and governance rules to automate the aggregation and analysis of this data to produce actionable insights. It also features real-time tracking of greenhouse gas (GHG) emissions, electronic waste, and water consumption, as well as scoring maturity and performance. The platform also computes key performance indicators (KPIs) for detailed analysis.
2. Osium AI
- Founding Year: 2023
- Industry: R&D
- Technology: AI-powered Material Development
Osium AI offers AI-powered software for materials and chemicals development. The software significantly boosts development efficiency and reduces costs by eliminating trial-and-error approaches. It enhances competitiveness by developing materials with improved properties to meet evolving customer needs. Osium AI’s platform reduces reliance on physical tests and screens optimal candidates for specific applications. This accelerates the characterization, testing, and analysis of samples to streamline end-to-end development cycles and improve material performance.
3. Mintera
- Founding Year: 2022
- Industry: Financial Services
- Technology: Blockchain-based Financial Ecosystem
Mintera provides a sustainable financial ecosystem powered by blockchain. It offers investment solutions with a net positive environmental impact. Its ecosystem integrates digital assets with traditional finance to provide products like the Mintera Token (MNTE) and Green Mining Yield (GMY). MNTE is a utility token that allows holders to access various investment products and participate in ecosystem governance. It is built on Ethereum and leverages Arbitrum for efficiency. GMY offers passive income in stablecoin by staking MNTE and receiving a monthly yield in USDT. The ecosystem supports decentralized finance with competitive investment products, decentralized governance, and real-world utility.
4. xpln.ai
- Founding Year: 2022
- Industry: Marketing
- Technology: Advertising Effectiveness Optimization
xpln.ai builds an AI-based solution for measuring and optimizing advertising effectiveness. The company’s technology automatically analyzes dozens of signals for each ad impression to calculate and predict the quality and impact of advertising campaigns. This solution ensures a cookieless method customized to the new digital marketing requirements. It also measures ad quality beyond traditional metrics like visibility and clicks to identify high-value placements and formats. xpln.ai thus enables brands to invest in the most valuable impressions and allows publishers to monetize their inventory more effectively. This enhances return on investments (ROI) and contributes positively to the digital advertising ecosystem.
5. BBalance
- Founding Year: 2020
- Industry: Health and Wellness
- Technology: Smart Bath Mat
BBalance makes a smart bath mat. It protects bathroom floors and dries feet as well as collects various health metrics like weight, body composition, and posture for regular and accurate monitoring. It utilizes patented pressure mapping to analyze posture and balance, providing daily scores and guided exercises. The mat also recognizes individual users through footprint ID to ensure secure data management. The companion app connects with health apps like Google Fit and Apple Health to offer comprehensive health tracking.
6. Orthonose
- Founding Year: 2020
- Industry: Healthcare
- Technology: 3D-Printed Surgical Nasal Guides
Orthonose offers a solution for rhinoplasty using 3D-printed custom surgical nasal guides to bridge the gap between patient expectations and surgical outcomes. The technology ensures precise corrections for dorsal humps, nasal deviations, and tip irregularities. The company 3D scans the patient’s face to design the nasal guide, which the surgeon uses during the procedure to achieve the desired results. This approach minimizes the risk of errors and provides a predictable outcome.
7. Snowpack
- Founding Year: 2021
- Industry: Cybersecurity
- Technology: Virtual & Invisible Private Network
Snowpack provides a virtual and invisible private network that enhances cybersecurity by making users, devices, and data invisible on the Internet. It converts data into flakes and routes them through a secure overlay network (SNO) to ensure anonymity and resilience. Snowpack’s technology eliminates the need for trust in network elements unlike traditional virtual private networks (VPNs), protecting against vulnerabilities and exploits. The SNO network also leverages fragmented data exchanges to prevent any single node from knowing the data’s origin, destination, and content. VIPN supports various user modes, including privacy and tunnel modes, for both individual and collaborative use. In this way, Snowpack ensures anonymity, mitigates traffic manipulation, and delivers high network performance.
8. En Carta
- Founding Year: 2020
- Industry: Synthetic Biology
- Technology: Molecular Point-of-Care Diagnostic Devices
En Carta utilizes synthetic biology to create healthcare tools. The startup’s technology uses RNA and DNA sensors derived from toehold switches to detect pathogens with single-nucleotide precision. It enables diagnostics to be more accessible by eliminating cold chain logistics and using freeze-drying sensors in porous materials. The technology offers PCR-grade accuracy without external power sources while offering tests optimized for simplicity and visual readouts. It detects pathogens in various samples, providing rapid and reliable results. The company’s products include diagnostics for Lyme disease, Zika, chikungunya, and SARS-CoV-2.
9. AURESSENS
- Founding Year: 2020
- Industry: Coatings
- Technology: Reflective Organic Coatings
AURESSENS develops optical effect coatings using self-organizing organic dyes. These dyes create mirror, glitter, and iridescent effects to offer a reflective metallic appearance without the use of metal. As a result, the coatings find applications in decorative and functional products. AURESSENS’s coatings reduce costs and simplify industrial processes by eliminating the need for expensive equipment. The technology also supports eco-responsible production by minimizing GHG emissions and water consumption. Further, the company’s coatings suit mobile applications and reduce electromagnetic interference due to their lightweight and non-conductive nature.
10. Eyst
- Founding Year: 2022
- Industry: Insurance
- Technology: Insurance Fraud Prevention
Eyst provides a software-as-a-service (SaaS) tool that combats insurance fraud by allowing insurers to track how funds are used and quickly settle health claims and benefits. It integrates a virtual payment card system into insurers’ platforms to instantly transfer funds to policyholders. This system captures real-time transaction data and offers insurers comprehensive tracking and insights into the claims process. This allows insurers to improve fraud control and complement existing anti-fraud systems with advanced algorithms and scoring tools.
The startup ecosystem comprises 3140 companies, each with an average workforce of 12 employees. This ecosystem has a strong focus on sectors such as health, e-commerce, marketing, blockchain, and education. These areas reflect the ecosystem’s alignment with current technological advancements and market demands.
Key investors in this area are Paris&Co, Telecom Paris, Agoranov, Willa, and BPI France. They actively support these startups by providing crucial funding at various stages, such as Seed, Early Stage VC/Series A, Accelerator/Incubator, Angel, and Pre Seed. This financial backing highlights a strong support structure that fosters early-stage development and growth.
For startups, this environment offers ample opportunities for collaboration, knowledge sharing, and access to the latest technologies. Businesses cooperating with these startups leverage this dynamic ecosystem to explore new business models, enhance their technological capabilities, and stay competitive in rapidly evolving markets. The ecosystem’s diversity and support mechanisms further create a fertile ground for innovation and sustainable growth, benefiting both startups and established companies.
This is just the tip of the iceberg. For personalized insights into the local or global startup ecosystem, depending on your needs, get in touch with us. We can provide tailored information and analysis to help you navigate the vibrant startup landscape.
