French cybersecurity startups raised €133.3M across 8 deals in Q1 2026, a 12x increase over Q1 2025's €10.9M from 6 deals. For the full year 2025, the sector logged €115.6M across 15 deals. In other words, Q1 2026 alone has already exceeded the entire previous year.
It reflects a structural shift: cybersecurity has moved from a secondary category in French tech funding to a frontline investment thesis, driven by escalating geopolitical tensions, the EU AI Act's compliance mandates, and the explosive growth of AI-powered attack surfaces.
The Numbers
| Period | Deals | Total Funding | Avg Round |
|---|---|---|---|
| Full Year 2025 | 15 | €115.6M | €7.7M |
| Q1 2025 | 6 | €10.9M | €1.8M |
| Q1 2026 | 8 | €133.3M | €16.7M |
| Q1 YoY Change | +2 deals | +1,124% | +828% |
The average deal size nearly tripled from 2025's €7.7M to Q1 2026's €16.7M — reflecting both larger, more mature companies raising, and investor willingness to write bigger cheques in the sector.
