Discover the unprecedented mapping of the ecosystem of startups linked to CAC 40 companies.
Motherbase x Numeum video mapping – Startups / CAC 40 (September 2021)
41% of startups with relations with the CAC 40 are French
CAC 40 companies have forged relationships with over 10,000 French and international startups , as shown by an analysis of social networking interactions between these organizations. Of these startups, 41% are French. The USA comes second (17%), ahead of the UK (11%). The rest of the world accounts for the remaining third. It’s worth noting that between January and September 2021, Germany (+18%), Switzerland (+17%) and France (+15%) are the 3 countries with the fastest-growing startup-CAC 40 links.
The average startup employs 35 people and generates sales of 2.5 million euros.
The French startups forging links with the CAC 40 represent a total of 136,400 jobs in September 2021, and sales in excess of 10 billion euros. On average, the major CAC 40 companies tend to work with a startup with 35 employees and sales of 2.5 million euros. While the average of the 35,000 startups analyzed is 20 employees, these figures show that the CAC 40 tends to trust startups that are relatively “established” in their market.
This observation is borne out by an analysis of the funds raised by these startups. Indeed, while the vast majority of startups with ties to the CAC 40 have not (yet?) raised any funds (67%), the figure rises to 80% if we take into account the total base of startups referenced in the Motherbase tool. Startups linked to the CAC 40 are therefore undeniably more mature than the average. However, the door is not closed to younger start-ups!
CleanTech, DeepTech and EdTech sectors to be the focus in 2021
It’s interesting to note that three verticals are particularly sought-after by major CAC 40 companies in their dealings with startups. Between January and September 2021, the sectors showing the greatest growth are CleanTech (+18%), followed by DeepTech (+16%) and EdTech (+14%). This recent trend seems perfectly in line with current societal and economic trends, as well as with issues linked to periods of confinement, particularly in the case of EdTech, which includes all startups linked to distance learning.
CleanTech, by far the fastest-growing sector over 10 years
When we analyze the progression of startup sectors over a decade, CleanTech is the fastest-growing. Over 10 years, CAC40 companies have entered into more than 7,700 interactions with startups. By way of comparison, HealthTech comes second with almost 5,700 interactions (or around 25% fewer), and TransportTech third with 5,000 interactions (or 35% fewer). A year-by-year analysis of each curve on the graph shows that CleanTech is the only sector never to have recorded a downward trend over the last decade. In view of current events, this dynamic is likely to strengthen in the near future!
Further analysis of the mapping reveals that large companies in the same sector (banking, energy, industry, digital services, etc.) tend to interact with the same startups as their peers (proximity of logos between companies in the same sector, as determined by the link proximity algorithm).
However, each CAC 40 company has its own “exclusive” ecosystem of startups, which can be easily identified by the logo “bubbles/clusters” around the logos of the major accounts. Conversely, the startups at the center of the map are those “shared” by the various CAC 40 major accounts. Some even interact with almost all the major companies in the index. The same analysis shows that some major groups – placed closer to the center of the graph – share their ecosystem with their peers, and therefore benefit from few – if any – exclusive links.
While the dynamic of links between large organizations and startups was confirmed during the pandemic (with a slight dip in 2020), it has picked up again in 2021. Indeed, in the first 8 months of the year, the number of interactions is already close to the total for 2020. At a time when large corporations are looking for new growth drivers or new performance vectors, they are turning more than ever to digital companies and startups to build value-creating relationships.
Motherbase x Numeum mapping – Startups / CAC 40 (September 2021)
