> ## Content Index > Fetch the complete content index at: https://www.frenchtechjournal.com/llms.txt > Use this file to discover other available public pages before exploring further. # French Tech Wire: Filigran And Beyond Aero Didn't Get The Vacation Memo - URL: https://www.frenchtechjournal.com/french-tech-wire-filigran-and-beyond-aero-2/ - Published: 2024-11-01T08:30:18.000Z - Updated: 2024-11-02T16:41:53.000Z - Description: It's the holiday period in France. While French startup funding is still slow, some companies are bucking the trend. - Author: Chris O'Brien - Tags: Newsletter ***A recap of the big news + funding in the French tech ecosystem this week.*** [***Subscribe to The French Tech Journal to access all the articles and archives***](https://www.frenchtechjournal.com/#/portal/)***.*** --- # Tech Talk It's the tail end of the two-week holiday period in France, and so the news, she is quiet. But, a couple of tasty nuggets and, some nice funding rounds from companies who apparently didn't know they were supposed to be OOO... πŸ•Ί French startups raised $1.6 billion in Q3 2024, across 147 rounds, [according to Dealroom](https://dealroom.co/uploaded/2024/10/France-Q3-2024-report-final.pdf?x30228&ref=frenchtechjournal.com), down from $2.5 billion for the same quarter one year ago. Overall, VC funding for 2024 is ahead of 2019 and 2020 but behind 2023\. πŸ˜“ ![](https://www.frenchtechjournal.com/content/images/2024/11/dealroom.png) πŸŒ‹ Amid this funding slog, it seems that **Station F** remains the enchanted land of fundraising. The Good French Funding Fairy **Roxanne Varza** [announced](https://www.linkedin.com/feed/update/urn:li:activity:7257743118706397184/?ref=frenchtechjournal.com) that companies in Station F raised "just under €100m" in October. That's down from €300m in September, but still on par with the 2022 monthly average. πŸ§šβ€β™€οΈ πŸ₯Š In the ongoing tug-of-war between the government and startup land, the government agreed to maintain the innovation tax credit (CII) but will cut it from 30% to 20%. However, it did embrace an amendment to its annual budget bill that will create a "young innovative impact companies" (JEII) status, [**according to Contexte**](https://www.contexte.com/article/e-sante/budget-2025-le-gouvernement-barnier-sauve-le-cii-mais-laisse-les-deputes-trancher-sur-le-cir%5F206887.html?ref=frenchtechjournal.com). πŸ‘Ά **πŸ’Έ Singular, a European venture capital firm backing European founders with global ambitions |** Maddyness did a Q&A with Jeremy Uzan, cofounder & General Partner at Singular. | [**Check it here in all its moisty English goodness.**](https://www.maddyness.com/uk/2024/10/21/singular-a-european-venture-firm-building-transformative-companies/?ref=frenchtechjournal.com) **πŸ’‚** --- # Inside Filigran: How Open Source + AI Are Reinventing Cyber Threat Intelligence [![](https://www.frenchtechjournal.com/content/images/2024/11/image.png)](https://www.frenchtechjournal.com/filigran-raises-35m-for-ai-powered-cyber-threat-intelligence/) Just two years into its existence, French cybersecurity startup [**Filigran**](https://filigran.io/?ref=frenchtechjournal.com) has completed a $35 million Series B funding round that it will use to accelerate the deployment of artificial intelligence across its products. Co-founder and CEO Samuel Hassine says that Filigran's solutions address a pressing need in cybersecurity: the ability to utilize and operationalize vast amounts of threat intelligence data for real-time insights. The addition of AI-powered offerings is making Filigran's cyber threat intelligence (CTI) more proactive, scalable, and accessible, he said. "The focus is really to embed more AI within our products," Hassine said. [Read the interview](https://www.frenchtechjournal.com/filigran-raises-35m-for-ai-powered-cyber-threat-intelligence/) --- # Beyond Aero: French Sustainable Aviation Plans Take Flight [![](https://www.frenchtechjournal.com/content/images/2024/11/image-1.png)](https://www.frenchtechjournal.com/beyond-aero-french-sustainable-aviation/) **Beyond Aero** just raised a new round of funding. So there's no better time to revisit our Deep Dive on this aeronautic startup that had just tested a hydrogen-electric system for low-carbon airplanes. With aerospace a major piece of the French economy, the nation is counting on such aviation innovation to secure the sector's future. Now Beyond Aero is preparing for the next step: Building an entire electric plane. "This is a really good moment for us as founders," saidEloa Guillotin, co-founder and CEO of Beyond Aero. "I truly believe in us as a company. It's a big milestone. But for the industry, it's just the beginning." [Go Inside Beyond Aero](https://www.frenchtechjournal.com/beyond-aero-french-sustainable-aviation/) --- # Funding ![Eloa Guillotin, co-founder and CEO of Beyond Aero](https://www.frenchtechjournal.com/content/images/2024/11/image-3.png) Eloa Guillotin, co-founder and CEO of Beyond Aero πŸ“‡ **Company**: **Beyond Aero** πŸ” **Description**: World's first electric business aircraft using hydrogen propulsion to reach more than 800 nautical miles. πŸ’» **Website**: [Beyond Aero](http://beyond-aero.com/?ref=frenchtechjournal.com) πŸ“ **HQ City**: Cugnaux πŸ§— **Round**: SERIES A πŸ’° **Amount raised**: €18.18 million 🏦 **Investors**: Bpifrance, Initialized Capital, Nathan Blecharczyk, Arash Ferdowsi, Giant Ventures, Teampact Ventures πŸ‘¨πŸ’ΌπŸ‘©πŸ’Ό **Founders**: Valentin Chomel, Hugo TarlΓ©, Eloa Guillotin πŸ—žοΈ **News**: [https://tech.eu/2024/10/28/beyond-aero-raises-44m-to-electrify-aviation/](https://tech.eu/2024/10/28/beyond-aero-raises-44m-to-electrify-aviation/?ref=frenchtechjournal.com) --- πŸ“‡ **Company**: **NetZero** πŸ” **Description**: A climate venture specializing in long-term carbon removal from the atmosphere. πŸ’» **Website**: [https://www.maddyness.com/2024/10/29/netzero-leve-7-millions-deuros-pour-accelerer-sur-le-continent-africain/](https://www.maddyness.com/2024/10/29/netzero-leve-7-millions-deuros-pour-accelerer-sur-le-continent-africain/?ref=frenchtechjournal.com) πŸ“ **HQ City**: Paris πŸ§— **Round**: EARLY VC πŸ’° **Amount raised**: €7.0 million 🏦 **Investors**: INNOVX πŸ‘¨πŸ’ΌπŸ‘©πŸ’Ό **Founders**: AimΓ© Njiakin, Axel Reinaud, Olivier Reinaud πŸ—žοΈ **News**: Read more --- ![Julien Lesage, President and Founder of Hubcycle](https://www.frenchtechjournal.com/content/images/2024/11/image-2.png) Julien Lesage, President and Founder of Hubcycle πŸ“‡ **Company**: **Hubcycle** πŸ” **Description**: Offers a hub that converts fruit and vegetable waste into innovative raw materials for personal care and food industries. πŸ’» **Website**: [Hubcycle](https://www.hubcycled.com/?ref=frenchtechjournal.com) πŸ“ **HQ City**: Avignon πŸ§— **Round**: EARLY VC πŸ’° **Amount raised**: €15.0 million 🏦 **Investors**: Daphni, RAISE, Citizen Capital, ETF Partners, SWEN Capital Partners, Bleu Capital, Techmind VC πŸ‘¨πŸ’ΌπŸ‘©πŸ’Ό **Founders**: Julien Lesage πŸ—žοΈ **News**: [https://etfpartners.capital/articles/etf-partners-invests-in-hubcycle-a-groundbreaking-company-revolutionising-the-upcycling-of-food-by-products/](https://etfpartners.capital/articles/etf-partners-invests-in-hubcycle-a-groundbreaking-company-revolutionising-the-upcycling-of-food-by-products/?ref=frenchtechjournal.com) --- [See the full list of funding rounds](https://www.frenchtechjournal.com/french-tech-funding-wire-november-1-beyond-aero-filigran-hubcycle-more/) --- πŸ‘‹πŸ» If you’re enjoying [The French Tech Journal](https://frenchtechjournal.substack.com/?ref=frenchtechjournal.com), support the project by forwarding it to friends and sharing it on your social networks. 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