PARIS - France has secured €13 billion in new institutional capital under the third phase of its Tibi initiative. The Finance Ministry announced the mobilization during the VivaTech conference, targeting French and European technology firms.
This latest injection aims to raise the current envelope to €15 billion by 2030. Cumulative funding since the program's 2020 inception will reach nearly €31 billion.
Officials mandate that 50% of this new capital flow directly into deeptech companies. The strategy prioritizes scaling small and mid-sized enterprises while anchoring them in Europe and supporting domestic IPOs.
Major institutional players have joined this phase. Participants include mutual insurer Carac, rail operator SNCF, Paris transport group RATP, defense contractors Naval Group and MBDA, and satellite operator Eutelsat.
The initiative now emphasizes a pan-European scope. This shift supports larger funding rounds for technology companies across the continent, reinforcing regional tech sovereignty against global competition.