About Aerospace Tech sector in France
The Aerospace Tech sector in France comprises 54 companies, including 18 funded companies having collectively raised $233M in venture capital money and private equity. Out of these, 11 are Series A+ funded.
Aerospace Tech sector in France has seen 5 acquisitions and 1 IPO. This represents almost 11.1% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.
This sector includes companies providing technology-based solutions to aircraft manufactures including avionics systems, design software, and sensors. Companies that manufacture and sell innovative aircraft.
Aerospace Tech sector is also known as AerospaceTech, Aerospace-Tech, Digital Aerospace or Aerospace Technology Solutions.
Includes tech solutions for the manufacturing of aircraft including Design software, Robotics, Additive manufacturing.
Also includes Avionics for electronic flight control, monitoring sensors.
Also includes companies manufacturing innovative aircraft including Supersonic, Solar, Electric, and Vertical take-off & Landing aircraft. Excludes Aviation software including airport solutions, in-flight connectivity & entertainment, analytics for airline & airport operators, MRO software, etc.
Excludes air transport services including passenger airlines, airport operators, technology providers for airports along with Aviation service providers including catering, training, navigation, ground handling, etc.
Also excludes traditional aircraft engines, drone component manufacturers including defense contractors for the aerospace industry.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
AerospaceTech or Aerospace-Tech
Top Aerospace Tech Companies in France
There are 54 Aerospace Tech startups in France which include Flying Whales, Beyond Aero, VoltAero, Metavonics, Mach7. Out of these, 18 startups are funded, with 11 having secured Series A+ funding.
2026 has seen the creation of 2 Aerospace Tech startups in France. Over the past 10 years, an average of 2 new companies have been launched annually. Notably, several of these startups have been founded by alumni of HEC Paris, INSEAD and MIT Sloan School of Management.
Here is the list of top Aerospace Tech startups in France
Manufacturer and operator of large-capacity cargo airships. It develops a unique air transport solution for delivering cargo to remote or challenging locations. This includes design, production, and operation of the airships, along with supporting infrastructure. The company also conducts applied research into future airship technologies, such as hydrogen propulsion and AI-assisted piloting. Its business model encompasses both the manufacturing and operational aspects of airship transport.
Key facts about Flying Whales
- Founded Year: 2012
- Location: Suresnes (France)
- Stage: Series C
- Total Funding till date: $169M
- Investors: Societe Generale, Air Liquide and 6 Others
- Latest Funding Round: Series C, Jul 01, 2022, $*****
- Tracxn Score: 67/100 What is this?
- Competitors Rank: 1 of 23 Competitors
2. Beyond Aero
Developer of electric business aircraft using hydrogen propulsion systems. The company focuses on creating aircraft to reach extended nautical mile ranges. It designs prototypes and explores technological breakthroughs in aviation. The company also provides insights and key data to investors.
Key facts about Beyond Aero
- Founded Year: 2020
- Location: Toulouse (France)
- Stage: Series A
- Total Funding till date: $47.9M
- Investors: Climate Capital, Initialized Capital and 16 Others
- Latest Funding Round: Series A, Oct 28, 2024, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 1 of 13 Competitors
3. VoltAero
Developer of hybrid-electric propulsion systems for aviation applications and related services. They focus on designing, developing, and integrating hybrid-electric propulsion systems. The company provides engineering, testing, and certification support for aircraft manufacturers. It aims to advance sustainable aviation through innovative propulsion technology.
Key facts about VoltAero
4. Metavonics
Developer of modular avionics hardware and software for aircraft systems. The company provides pre-certified hardware solutions designed for the aviation industry. It offers software tools intended to facilitate the development and certification of safety-critical functions. The company focuses on size, weight, and power efficiency for various aircraft.
Key facts about Metavonics
- Founded Year: 2021
- Location: Toulouse (France)
- Stage: Series A
- Total Funding till date: $8.56M
- Investors: TTTech and Safran
- Latest Funding Round: Series A, Mar 03, 2026, $*****
- Tracxn Score: 47/100 What is this?
- Competitors Rank: 8 of 71 Competitors
5. Mach7
Mach 7 develops flight planning, navigation, logging and data recording software for both manned and unmanned aircraft. The Mach 7 VFR software tool enables aircraft to use GPS for navigation. The Mach 7 drone tool enables drone pilots to plan their flights, notify necessary authorities about their flights and log them.
Key facts about Mach7
- Founded Year: 2013
- Location: Paris (France)
- Stage: Unfunded
- Tracxn Score: 38/100 What is this?
- Competitors Rank: 20 of 277 Competitors
Companies founded year-on-year in the Aerospace Tech sector in France
2 new startups have been founded so far in 2026 in the Aerospace Tech sector in France. 5 Aerospace Tech startups in France were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 2 |
2024 | 1 |
2023 | 1 |
2022 | 5 |
2021 | 3 |
2020 | 2 |
2019 | 5 |
2018 | 2 |
2017 | 3 |
Stage-wise distribution of Aerospace Tech sector companies in France
Out of the total 54 Aerospace Tech companies in France, 18 have secured funding. Among them, 11 have reached Series A or higher, and 7 to Series B or beyond.
Founded - 54
Funded - 18
Series A+ - 11
Series B+ - 7
Series C+ - 7
Company Stage | No. of companies |
|---|---|
Founded | 54 |
Funded | 18 |
Series A+ | 11 |
Series B+ | 7 |
Series C+ | 7 |
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Funding Trends in the Aerospace Tech sector in France
Total funding year-on-year in the Aerospace Tech sector in France
The Aerospace Tech sector in France saw a total funding of more than $233M in the last 10 years. The most amount of funding was in 2022 at more than $160M. There has been a total funding of $8.56M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $8.56M |
2024 | $44M |
2023 | $597K |
2022 | $160M |
2021 | $3.39M |
2020 | $2.58M |
2018 | $438K |
2017 | $12M |
Recent Funding Rounds in Aerospace Tech in France
In the year 2026, till March 2026, Aerospace Tech companies in France have raised $8.56M in equity funding across 1 round.
Here are some recent, important funding rounds in Aerospace Tech companies in France:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 1230 | Mar 03, 2026 | ||
Series A | 4526 | Oct 28, 2024 | and 4 more | |
Series A | 6755 | Mar 2024 | ||
Series A | 6500 | 2023 | ||
Series B | 5030 | May 22, 2023 |
Top Investors in Aerospace Tech in France
Starburst is the top investor in Aerospace Tech companies in France based on number of companies invested.
Here are some top investors in Aerospace Tech companies in France:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Los Angeles (United States) | ||
Sunnyvale (United States) | - | |
Maisons Alfort (France) | ||
Menlo Park (United States) | - | |
Paris (France) | Metavonics and TURBOTECH |
M&A activity in Aerospace Tech sector in France
In the year 2026, till June 2026, 1 acquisition happened in Aerospace Tech sector in France.
Here are some recent, important acquisitions in Aerospace Tech sector in France:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 24, 2026 | ||
Business Acquisition | Jul 13, 2023 | ||
Business Acquisition | Jul 22, 2022 | ||
Acqui-Hired | Jan 2019 | ||
Business Acquisition | Jun 12, 2013 |
Acquisition trends in Aerospace Tech sector in France
Here are the acquisition trends in Aerospace Tech sector in France:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | - |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | - |
2020 | - |
2019 | 1 |
2018 | - |
2017 | - |
Colleges which produce the most Aerospace Tech companies in France
Companies founded by alumni from top colleges in the Aerospace Tech in France
Most number of Aerospace Tech startups in France have been founded by alumni from HEC Paris, INSEAD and MIT Sloan School of Management.
College | No. of companies |
|---|---|
HEC Paris | 2 |
INSEAD | 1 |
MIT Sloan School of Management | 1 |
Stanford University | 1 |
Total funding in Aerospace Tech companies founded by alumni from top colleges in France
In the last 10 years, HEC Paris graduates' Aerospace Tech companies in France have raised the most funding among top colleges. MIT Sloan School of Management alumni are second, and INSEAD alumni are third.
College | Total Funding |
|---|---|
HEC Paris | $48.5M |
MIT Sloan School of Management | $34.4M |
INSEAD | $8.56M |
Stanford University | - |
Top News in Aerospace Tech in France
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Exail Technologies: Half-year Liquidity Contract Statement As Of December 31, 2025WebDisclosure•Jan 15, 2026•Exail
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Exail strengthens position in surface drone sector with first sale of new DriX droneWebDisclosure•Aug 28, 2025•Exail
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Exail Technologies changes ICB classification and joins the "Defense" sub-sectorWebDisclosure•Mar 17, 2025•Exail
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