Startup funding: a slight decline in fundraising in 2024
In 2024, the total amount of funds raised reached 133.5 million euros, compared to 177 million in 2023, across a total of 15 transactions, according to figures published by French Tech Nantes, confirming the appeal of impact-driven companies in the Nantes and Saint-Nazaire region, despite a slight slowdown in line with the trend observed nationwide.
Valneva raised 60 million euros in 2024 to support its vaccine projects. Specializing in vaccines against infectious diseases, the Nantes-based biotech company continues to strengthen its position to accelerate the research and development of new therapeutic solutions on an international scale.
Enerdigit successfully raised 40 million euros in 2024, thereby consolidating its position in the energy efficiency market. This funding round enables the Nantes-based startup to develop a second line of business: managing XXL batteries connected to the power grid to help companies reduce their energy consumption and carbon footprint while optimizing their operating costs.
Weenat, a pioneer in precision agriculture, raised 8.5 million euros in 2024. With this funding, the Nantes-based startup plans to continue its international expansion, refine its agricultural data management platform, and develop new tools to optimize farm yields while reducing their environmental impact.
D-Ice Engineering raised 6 million euros in 2024 to accelerate the commercialization of its high-impact solutions in the maritime sector. The Nantes-based company has developed a comprehensive range of cutting-edge scientific systems and software installed on ships. Founded in 2015, D-Ice Engineering is a deep-tech company comprised of a team of thirty engineers and PhDs in hydrodynamics, applied mathematics, robotics, and artificial intelligence.
Onafis, a startup specializing in the wine industry, raised 6 million euros in July 2024. Onafis offers connected tools that, among other things, enable real-time monitoring of all stages of winemaking. The company’s stated goal is to accelerate its international expansion and strengthen its sales and R&D teams by hiring 40 new employees over the next four years.
Equium raised 3 million euros in 2024. Founded in 2017, Equium designs and manufactures heat pumps that use acoustic waves. Its goal is to accelerate the widespread adoption of carbon-free heating and cooling for buildings today and in the future.
BirdyFish, a company specializing in affordable foiling dinghies and based in Saint-Herblain (near Nantes), has raised more than 2 million euros in funding. Its goal is to expand production, broaden its product line, and enter new international markets.
WaltR raised 2 million euros in 2024 to accelerate the development of its solution for tracking air pollutant and greenhouse gas emissions using imagery. The company, founded in Toulouse and based in Nantes since 2022, specializes in monitoring pollutant emissions using space-based and ground-based imagery.
Etteliot raised 1.4 million euros in 2024 to support its growth. The company develops urine-processing toilets that operate without water or chemicals for recreational vehicles (RVs, camper vans). It plans to accelerate the hiring of sales representatives, scale up production of its first product, and continue its research to incorporate fecal matter.
Goud Santé raised 1 million euros in 2024. Founded in early 2024 by Vincent Roux, the company aims to support the physical and mental health of executives. This funding round will enable Goud Santé to expand its teams, improve its infrastructure, develop digital services, and launch new initiatives to extend preventive health care to the entire company.
Seelab is a generative AI platform that has raised 1 million euros. Founded in early 2023, the company—which has 11 employees—combines deep learning algorithms with advanced image processing techniques.
Dr. Jonquille & Mr. Ail raised 850,000 euros in 2024 to develop its free gardening app. With more than 36,000 users, the app helps amateur gardeners practice sustainable gardening. This investment will enable the company to add new features and strengthen its market position in France and Europe.
Good Steps raised 700,000 euros in 2024 to support the development of its tool. Good Steps is developing a tool to simplify ESG audits and CSRD compliance.
Allaw raised 500,000 euros in 2024 to continue developing its platform that connects lawyers with clients. The company plans to use these funds to improve its digital interface and expand its network of legal professionals in France and internationally.
La Loupe Immo, which specializes in digital real estate services, also raised 500,000 euros in 2024. This funding round will enable La Loupe Immo to develop its market analysis and real estate purchase support tools to address the sector’s new challenges amid increasing digitalization.
