Eurazeo has had its status as the leading provider of funding to the French Tech industry confirmed following the French government’s announcement of the companies selected to take part in its Next40 and Tech120 programs in 2021. Eurazeo is delighted to share that, through its direct investments and the dedicated mandates it manages, it supports 24 of the Next40 companies and 50 of the Tech120 companies.
After raising €2.8 billion in 2020 to invest in the real economy, Eurazeo is continuing to work with French companies by supporting innovative projects in the high-growth sectors of healthcare, fintech and e-commerce, which is in turn helping to create new high-skilled jobs in France. The 120 French startups selected to take part in the 2021 Next40 and Tech120 programs have already created 30,000 jobs, with 10,000 more to come in 2021.
A quarter of the Eurazeo group’s assets are now invested in tech companies, and in the last 20 years it has developed one of Europe’s best track records in terms of investments in the digital sector: it has invested €4 billion in tech companies and 17 of its investees have carried out IPOs, including some in the United States, such as Farfetch, while its teams manage some of Europe’s largest venture and growth capital funds.
