Venture Capital: "PitchBook’s list of companies in France with the highest venture valuations" (also UK and Germany)

From PitchBook, March 19: 

European venture capital thrived in 2020 despite the presence of a pandemic. In fact, VC deal value for the region set a new annual record of €42.8 billion, a noteworthy achievement given the macroeconomic damage delivered by the pandemic.

For this list, we’re looking solely at VC-backed companies in France. The top French companies with the highest venture valuations have a combined value of more than €9 billion. The 10 companies highlighted below operate across a variety of industries and verticals, including healthtech, insurtech and artificial intelligence. In recent years, France has seen record amounts of capital invested into its startups. The companies on this list are emblematic of the country’s overall boom in VC activity. In 2020, France was the third most active VC hub in Europe, behind the United Kingdom and Germany.

According to PitchBook, this is the list of companies in France with the highest venture valuations as of 18 February 2021:

Doctolib
Post valuation: €1.63 billion

Doctolib provides a subscription-based online medical appointment management service. The startup also offers its users a remote video consultation service and allows patients to receive digital prescriptions and to be billed online automatically. In March 2019, Doctolib joined the unicorn herd when it raised €150 million in a round led by General Atlantic. In 2020, the company raised another €130.5 million of venture funding.

Mirakl

Post valuation: €1.27 billion

Mirakl is a developer of a marketplace platform designed to plug directly into an e-commerce tech ecosystem. The company’s platform integrates with e-commerce websites, enabling organizations to manage product quality and facilitate business growth. Mirakl raised €253.38M of Series D venture funding in a deal led by Permira in September 2020.

Voodoo

Post valuation: €1.19 billion

Voodoo is an operator of a video game company that specializes in developing and publishing mobile games that are simple and easy to play. By collaborating with external studios and content creators, the company is able to provide mobile gamers with hyper-casual games that entertain and connect people. In August 2020, the company raised €413.71 million of venture funding from Tencent Holdings.

Chateau.com

Post valuation: €1 billion

Chateau.com is an online wine, champagne and spirits retailer offering rare vintages from the best wineries in France and around the world. Founded in 2010 and based in Paris’ 11th arrondissement, the angel-backed company raised €200 million from Colombian-American billionaire financier and philanthropist Alejandro Santo Domingo in 2017.

Meero

Post valuation: €891.26 million

 

Paris-based Meero leverages AI to rapidly process digital imagery—including 360° VR photos and videos—for customers in over 100 countries. One of Europe’s most valuable AI startups, it recently raised €22.48 million, though specific details are undisclosed. In June 2019, the company raised €204.99 of Series C funding in a deal co-led by Eurazeo and Prime Ventures....

....MUCH MORE

Also at PitchBook:

PitchBook’s list of companies in Germany with the highest venture valuations

PitchBook’s list of companies in the UK with the highest venture valuations