Breega Insights

French Tech 120/Next40 : The Breega trinity

French Tech 120/Next40 : The Breega trinity

Yesterday the French government revealed the names of the startups with the potential to become global technology leaders that will integrate this year’s French Tech (FT) Next 40 and Next 120 programmes.

The companies who must have a registered office in France and be less than 15 yrs old, were selected on the basis of the amount of total funds raised (over €20 million), turnover growth (over 30% in the last three years).

We’re thrilled to say that among Breega’s promising startups, three were given the honour of joining the French Tech’s programmes for France’s best and brightest tech companies.

Featuring in the FT’s 120 were Lemonway a pan european payments solution for marketplaces and crowdfunding platforms, and Gojob, the leading digital #marketplace matching for temporary workers.

The Star scaleup Exotec , who is currently revolutionising and streamlining e-commerce warehouse order preparation processes thanks to their #skypod robots, had the honour of joining the French Tech’s Next40 list of the most promising French startups.

What it means to be part of french tech 120/next40

Throughout his term of office, the French president, Emmanuel Macron, has frequently expressed his desire to grow the number of French unicorns to 25 by 2025. To this end, the startups selected to join France’s French Tech’s Next 40/120 programmes will receive operational support and a wide variety of services to help them grow as quickly as possible and under the best possible conditions.

The chosen startups will not only benefit from national communication campaigns and the possibility of taking part in official visits abroad but also from a network of referents and tools to help them deal with regulatory and administrative complexities. They will, for example, receive support for their IPOs and European financing applications, and an adapted bank listing and support on a daily basis from a team of French Tech startup managers.

We wish the Breega trinity all the best, we look forward to seeing them flourish in the French Tech’s care and hope that they will be joined by more of Breega’s portfolio companies next year!

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