Want to grow your start-up?
2017 was a very promising year for a number of young French companies. In fact, French start-ups raised a total of over €2 billion in funding in 2017.
Before diving in, it's worth knowing which sectors are hot right now.
To help you with creating your own start-up, today we're focusing on the trending sectors in 2018!
First, it's important to look at the BtoB or "Business to Business" services sector.
With €462 million raised in 2017, business services are the most successful sector of the year.
Many startups are developing software for businesses, especially in the field of marketing (MarTech).
The BtoB services sector is definitely proving to be a dynamic environment for new businesses to grow.
Secondly, medical sector start-ups (MedTech or BioTech) managed to raise 149 million euros in 2017.
There are many French start-ups launching in this sector to develop connected medicine projects.
Some start-ups are working on treatments in various fields such as immuno-oncology with the start-up Ose Immunotherapeutics or cardiology like Quantum Genomics for example.
Others are looking to digitize certain medical procedures by, for example, allowing people to make appointments with their doctor online.
Finally, the last truly popular sector for 2018 in France is of course Fintech, with €132 million raised in 2017.
French companies are known worldwide for their expertise in finance and technology.
Fintech is full of new services or products: insurance Big Data, crowdfunding, online kitty...
The Fintech sector seems to offer ever-expanding development opportunities.
Before starting the steps to create a start-up, it is necessary to consider the situation of the sector concerned.
While the BtoB services, medical technology, and Fintech sectors seem to be in vogue in France, many other sectors are declining.
Written by our expert Quentin Moyon
October 30, 2018
