From TechCrunch, February 1, 2022:
Every year, the French government and the government-backed initiative La French Tech shares two startup rankings — the Next40 and the French Tech 120. The startups on these lists are supposed to be respectively the top 40 and top 120 top-performing startups based in France.
This is the third time the French government puts together these lists. Out of the 120 startups in the French Tech 120, 84 of them are still in this year’s index. 36 of them are appearing on the list for the first time.
Two of them were in the Next40 last year and don’t appear this year because of a public offering — OVHcloud and Believe.
Image Credits: La French Tech (click to enlarge)
There are two ways to get accepted in the Next40:
- You have raised more than €100 million over the past three years ($112 million at today’s rate) or you are a unicorn, which means your company’s valuation has reached $1 billion or more.
- You generate more than €5 million in revenue with a year-over-year growth rate of 30% or more for the past three years.....
....MUCH MORE
