France Mobilizes €13 Billion for Tech Funding, Targeting €15 Billion by 2030
Updated
Updated · Reuters · Jun 19
France Mobilizes €13 Billion for Tech Funding, Targeting €15 Billion by 2030
3 articles · Updated · Reuters · Jun 19
Summary
France secured €13 billion in additional institutional investor commitments for the third phase of its Tibi initiative, lifting total funding mobilized since 2020 to nearly €31 billion.
The new phase is designed to reach a €15 billion envelope by 2030 and channel financing to French and European technology companies, with 50% of investments earmarked for deeptech.
New backers include Carac, SNCF, RATP, Naval Group, MBDA and Eutelsat, widening the pool of institutional capital behind the program.
The government said the push should support French IPOs, help small and mid-sized tech firms scale up while staying anchored in France and Europe, and strengthen pan-European funds for larger funding rounds.
With defense firms now backing its tech fund, is France building a sovereign champion or a protectionist fortress?
Will €31 billion create true European tech giants, or just delay their eventual acquisition by U.S. firms?
Tibi 3: France’s €13 Billion Push to Build European Tech Champions and Achieve €31 Billion Funding by 2026
Overview
France has mobilized €13 billion by June 2026 through the Tibi initiative, aiming to strengthen technological sovereignty. The Tibi program encourages major institutional investors, like insurers and pension funds, to commit part of their portfolios to approved technology funds. Managed by the French Treasury, Tibi channels substantial investment into French and European tech companies, especially those ready to scale up. This approach addresses the critical need for more robust late-stage funding in the tech sector, helping to build a stronger ecosystem and support the growth of European tech champions.