From PitchBook, June 1:
Unlike many European peers, French venture capital had a favorable first quarter, with dealmaking showing signs of recovery.
Five key charts from our 2023 France Private Capital Breakdown showcase the major trends that impacted the country's venture market.*****Deal count was stong, with an estimated 453 rounds closing, the highest quarterly number in more than a decade. At €2.5 billion (about $2.69 billion), deal value remained lower than previous peaks, yet it marked the first quarter-over-quarter increase since the beginning of 2022: 38.9%.....
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