Avtola predicts 20 new French tech unicorns

Avtola, a French investment bank, has identified 20 start-ups that it believes will become unicorns in the French tech sector. These are companies valued at over one billion euros, a status that signifies significant growth and market potential.

Renewed list of potential unicorns

Compared to its 2025 selection, Avtola’s new list includes 13 new companies. This indicates a dynamic and evolving start-up ecosystem in France, where new players are emerging and others are falling behind.

Notable new entrants

Among the new entrants is LegalPlace, a company that specializes in company creation. It recently made headlines by acquiring its main competitor, Legalstart. Flowdesk, which develops technology for the cryptocurrency market, and Upway, a company focused on electric bicycle refurbishment, are also included.

Recognized names and past predictions

The list also includes Deepki, an energy performance management platform that was previously highlighted by investors through a vote organized by the JDN. This shows that some companies have been on the radar of the tech community for some time.

Companies that have dropped out

Of the 2025 selection, 7 companies have been excluded. Pasqal, a quantum computing start-up, has already reached unicorn status after securing 340 million dollars in funding. Others, like Swan and Electra, have disappeared from the list, possibly due to market challenges or lack of progress.

Reflecting current trends

Avtola’s selection reflects the current trends in the French tech sector. DefenseTech is represented by Command AI, quantum computing by Alice & Bob, and new space technologies by Look Up Space and Infinite Orbits. These areas are considered to be at the forefront of innovation in France.