The Hottest Startups in Paris in 2024

In the past two years the French capital has been in the throes of AI fever and has launched some of Europe’s most talked-about startups, including Mistral, which is currently valued at $6.2 billion. “Every company out there must transition to the low-carbon economy,” she says, adding it’s now a competitive advantage for a business to be able to track sustainability targets across their operations. “Eventually your customers, your employees, your supply chain will ask what you are doing.” The startup is already working with hundreds of clients, including L’Oréal and UK energy group SSE, which license the company’s platform in order to pool data from across their entire supply chain and identify their sustainability weak spots. Although it’s unclear if the company has any clients—or even products—yet, its elusive cofounder and CEO, Charles Kantor, has promised his team are developing “full” artificial general intelligence or AGI that would “boost the productivity of workers.” So far little is known about H’s mission, although the reputation of its cofounders, DeepMind scientists Laurent Sifre and Karl Tuyls, both considered leaders in their field, means there is significant excitement to find out. Astran’s backend combines “algorithms in a patented architecture that enables your critical data to be encoded and fragmented before being stored in multiple clouds at the same time,” says CEO Yosra Jarraya, who cofounded the company with Yahya Jarraya and Gilles Seghaier in 2021.