Startup funnel
Toulouse's startup funnel
Companies headquartered in Toulouse at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
Quarterly report
Toulouse's latest quarter in venture capital
Venture capital raised by Toulouse-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Toulouse-headquartered companies…
Enterprise value
How much Toulouse’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Toulouse, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Toulouse
VC investment into Toulouse-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Toulouse
A live treemap of the largest VC rounds. Each cell is one round into Toulouse-headquartered companies, grouped by Dealroom sector.
Largest rounds in Toulouse - 2026
Academia
Toulouse's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Toulouse.
Location comparison
How Toulouse stacks up
Compare Toulouse with peers from the same country (France) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in France ranked by combined EV. Toulouse's row is highlighted (#7).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Paris | $290B | 5.8× | 56 | $6.1B | 5,146 |
| 2 | Lyon | $14.4B | 4.5× | 1 | $203.7M | 484 |
| 3 | Marseille | $13.8B | 6.3× | 1 | $298.4M | 278 |
| 4 | Grenoble | $12.8B | 5.9× | 2 | $216.6M | 205 |
| 5 | Lille | $8.7B | 3.1× | 2 | $156.7M | 229 |
| 6 | Montpellier | $8B | 7.1× | 2 | $90.8M | 152 |
| 7 | Toulouse | $7.8B | 4.5× | 1 | $353.3M | 223 |
| 8 | Bordeaux | $6.7B | 6.0× | 1 | $61M | 279 |
| 9 | Strasbourg | $6.2B | 7.4× | 1 | $79.1M | 100 |
| 10 | Nantes | $5.1B | 4.9× | 1 | $42M | 195 |
| 11 | Rennes | $3.1B | 5.9× | 0 | $65.1M | 112 |
| 12 | Nice | $1.1B | 4.2× | 0 | $34.5M | 82 |
More data
Explore Dealroom data →Get the full Toulouse ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.