2026年值得关注的法国AI初创企业研究报告：基于16位风险投资人的意见

them), and several social gatherings with investorsacross France. It’s great to see how much theecosystem has grown, especially compared to whenIfirst joined in 2022. sharing in France. Within a week or two, mostinvestors are aware of the companies currentlyraising in the market. This level of transparencydoesn’t seem to exist in some of the other marketsI’ve had the chance to explore.Another striking takeaway was the intensity of thegrind mentality across the board. It’s completelynormal to reach out to 100+ entrepreneurs who are“stealth” or “working on something new,” and tomeet 20+ new companies every week. As a result, aninvestor can evaluate well over 1,000 companies in a•Marie from Daphni•Maud from Singular•Noé from 360 Capital•Gabrielle from Elaia•Gaultier from 199 Ventures•Thomas from OVNI Capital Given that pace, it’s only natural that everyonedevelops a few favorites, or a little “chouchou” as wesay in French. That’s the purpose of this piece.Sixteen investors from 16firms participated andshared some of the startups they personally like inFrance. These picks don’t necessarily reflect thecompanies they believe have the highest probabilityof success or the strongest projected performance.Rather, they are simply startups to keep an eye on in2026 and beyond. Joko Joko is a free platform that helps people save money and earn rewards when they shop. ThroughJoko, users can get cashback on purchases (online, in stores, or with gift cards), automaticallyapply coupon codes at checkout, track prices, store loyalty cards, and manage deals all in oneplace, either via a mobile app or with browser extensions for Chrome, Safari, and Firefox.“Joko is one of the most convincing consumerfintech companies to have emerged in France inrecent years. The company has surpassed 5 million users and works with more than 3,500merchant partners, and has successfully moved well beyond its initial cashback positioning. What comparison, promotions, and now a broader shopping experience built on a deep understandingof consumer transactions. This evolution has progressively positioned the product closer to themoment of purchase, which is where the real long-term value sits.”— Alix François-Poncet inaccuracies. By providing APIs, Linkup allows developers to integrate web content into AI applications seamlessly.“As AI agents become more capable, search and retrieval are emerging as a key bottleneck in theAI stack. Agents are only as good as the information they can access, which is creating a fast- growing demand for reliable, high-performance retrieval infrastructure. In that context, Linkuphas scaled very quickly, with activity multiplying by 1,000x in 2025 as it indexed billions of webpages for AI agents. What stands out is not just adoption, but performance: the technology has achieved state-of-the-art results on public benchmarks, outperforming established players onspecific use cases. By moving from simple page indexing toward deeper, context-level semanticretrieval, the company is well aligned with where the market is heading. Combined with earlyexpansion in the US, this positions it to become a core infrastructure layer for AI agents in thecoming years.”— Alix François-Poncet Alpha Intelligence CapitalAdaptiveML helps enterprises customize, evaluate, and deploy LLMs for specific business use cases automatically generate professional video ads and visuals from text prompts using a library of AIactors and creative tools. It’s designed to let teams produce social-ready UGC-style videos,product shots, and promotional content quickly and without traditional production costs. “Real traction with a very small team; with fresh capital, they are among the fastest to ship anditerate in that space, which is showing up directly in growth.”— Axel Badalian Orakl Oncology is a precision oncology company that combines data and biology to bring newdrugs to cancer patients. The company is dedicated to accelerating drug discovery in oncologyusing advanced biology and AI-powered analysis. “By generating and owning patient-derived tumor models, they control the full experimental loop,letting them run targeted perturbations and learn directly from outcomes.”— Axel Badalian Breega Dattak provides proactive cyber insurance that combinesfinancial coverage with built-in prevent and manage cyberattacks.“Pioneers like Dattak are fusing proactive cyber insurance with AI-driven SOC to align risktransfer and real-time defense. This integrated model is redefining how mid-market and “In a single year, Entalpic has identified more breakthrough materials than its entire sub-industries had in decades. AI isn’t just speeding up discovery — it’s rewriting the laws ofmaterial innovation itself.”— Benjamin Deplus Neutrogen Technologies, StealthTotal Funding:Undisclosed across Europe and beyond. Tritium production remains a largely overlooked subject, yet it’s thecornerstone fuel that underpins the entire fusion supply chain.”— Benjamin Deplus