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For the primary time, France was one of many high represented nations in Y Combinator’s Summer season 22 batch. Three of the eight French startups chosen by YC are additionally former residents of the Station F campus in Paris, so we chatted with its director, Roxanne Varza, to know how that occurred and what others may be taught from it. Let’s dive in. — Anna
Meet the French
France was among the many high 5 nations represented in YC’s S22 batch, with eight of its startups becoming a member of the accelerator’s newest cohort. That was fewer than the U.S., India, the U.Okay. and Israel. Nevertheless it was greater than Germany, which despatched six startups to YC this 12 months — a near-record for the nation, but additionally much less comparatively spectacular given its bigger inhabitants than France’s personal.
In absolute phrases, France is barely equaling its personal S21 document, however that batch had 390 contributors. As TechCrunch reported final month, the YC S22 batch was a lot smaller, with some 240 groups. Which means French illustration is proportionally on the rise, a great omen for France’s aim to be house to 100 unicorns by 2030.
Let’s add a caveat that we’re following YC in utilizing “French” loosely right here — virtually each single one among these eight groups has a distant part, and a few even have a presence within the U.S. or different nations. Nonetheless, this isn’t particular to France, as YC famous that among the many startups in its newest batch, 35% had been distant and 37% had been remote-friendly.