France’s technology industry sees a rise of 7.1% in deal activity in February 2020

France’s technology industry saw a rise of 7.1% in overall deal activity during February 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

The top five technology industry deals accounted for 76.7% of the overall value during February 2020.

The combined value of the top five technology deals stood at $210.22m, against the overall value of $273.96m recorded for the month.

The top five technology industry deals of February 2020 tracked by GlobalData were:

1) BPI France, CELAD, Centre National d’Études Spatiales (CNES), Collecte Localisation Satellites, European Investment Bank, Hemeria, Ifremer and Thales’ $110.9m venture financing of Kineis

2) The $36m venture financing of CybelAngel by BPI France, Open CNP, Prime Ventures and TempoCap

Read more: Verdict

Source: Verdict