Outsight named in 10 French startups to look out for in 2021 and beyond by EU-StartUps
| Company | Outsight |
|---|---|
| Date | 14.06.2021 |
The mix of international talent and governmental entrepreneurship initiatives seems to pay off and France’s startup scene is on the rise. Venture capital investments in French startups kept on growing even despite the ongoing pandemic.
In September 2019 president Emmanuel Macron announced a €5 billion public-private investment fund, aimed at helping young companies to scale up. When the pandemic forced many businesses to a halt in March 2020, the French government ramped up support, earmarking €7 billion of the €100 billion stimulus package to the digital economy. Of these, €3.7 billion are getting injected into reinforcing startup financing.
In the beginning of this year, we took a close look at the French startup ecosystem to introduced you to 10 exceptionally promising French startups that were founded between 2018 and 2020. Here they are:
Outsight: Founded in 2019, Outsight develops an innovative sensor combined with a 3D Semantic Camera that brings ‘Full Situation Awareness’ to smart machines. Their sensor combines software and hardware to create sensor innovations such as remote material identification with comprehensive real-time 3D data processing. This technology provides an unprecedented and cost-efficient ability for systems to perceive, understand and ultimately interact with their surroundings in real time. Outsight’s 3D Semantic Cameras are providing new solutions for smarter cities and automotive safety. So far, the Paris-based startup secured about €18 million in VC funding.
