France’s early-stage startups show a higher single-round funding share than the UK
- 57.4% of French startups raised only one pre-seed round, above UK’s 52.7%
- At seed stage, 53.5% of French startups stalled after one round, higher than UK’s 49.9%
- Overall, 57.4% of French startups raised exactly one tracked round versus 53.3% in the UK
Across the 9,572 startups Brouky tracks whose first funding round was at least two years ago, a comparison between France and the United Kingdom reveals notable differences in early-stage funding persistence.
France’s startups exhibit a higher share of single-round fundraisings at both pre-seed and seed stages.
Specifically, 57.4% of French startups at pre-seed raised only one round and never raised again, compared to 52.7% in the UK. This trend continues at seed stage where 53.5% of French startups stalled after a single round, versus 49.9% in the UK.
When aggregated across all early-stage rounds, 57.4% of French startups raised exactly one tracked round, exceeding the UK’s 53.3%. This indicates a relatively higher persistence of multiple rounds in the UK’s early-stage ecosystem within the tracked data, though this may partly reflect differences in data coverage.
The data accounts only for rounds tracked and excludes startups younger than two years to allow sufficient time for follow-on rounds. While some second rounds may be untracked, the cross-country comparison remains meaningful.
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