Toulouse is a key center for France's technology scene, with a strong focus on the aerospace and space industries. This specialization is reflected in its local startups, which attract massive investment for ambitious projects.
For instance, space security firm Look Up Space has raised €64M. Other notable companies include E-Space, which is building a satellite communication system, and biotech firm Genoskin.
Below is our list of 53 Toulouse startups worth keeping an eye on.
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Get the Sheet for $50Genoskin provides a biotech platform that uses live human skin models to test the safety and efficacy of new medications. Their technology offers a reliable alternative to animal testing, helping pharmaceutical and cosmetic companies accelerate their research and development.
| Year Founded | 2011 |
| Founders | Pascal Descargues |
| Funding Amount | $8.7M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Bpifrance, BNP Paribas, Crédit Agricole, Caisse d'Epargne de Midi-Pyrénées, OCCTE |
Beyond Aero develops a hydrogen-electric business aircraft designed to decarbonize regional air travel. Their proprietary powertrain combines hydrogen fuel cells with electric propulsion to enable sustainable and efficient flights.
| Year Founded | 2020 |
| Founders | Eloa Guillotin, Hugo Tarlé, Valentin Chomel |
| Funding Amount | $20M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Bpifrance, Y Combinator, Giant Ventures, 7percent Ventures, 2100 Ventures |
E-Space is developing a sustainable low Earth orbit satellite system to provide global connectivity. Their network delivers real-time communication and Internet of Things services to connect devices anywhere in the world.
| Year Founded | 2021 |
| Founders | Greg Wyler |
| Funding Amount | $50M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Salesforce Ventures, Prime Movers Lab |
Look Up Space delivers space safety and security data using a sovereign and secure network of sensors. Their service provides satellite operators with high-quality tracking to help manage space traffic and prevent collisions.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | €64M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | K Fund, ETF Partners, Karista, European Union, Leadwind |
Delair provides drone-based solutions that help enterprises digitize and analyze their physical assets. Their AI-powered software platform transforms aerial data into actionable insights for asset-heavy industries.
| Year Founded | 2011 |
| Founders | Bastien Mancini, Benjamin Benharrosh, Benjamin Michel, Michael de Lagarde |
| Funding Amount | $43M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Bpifrance, Intel Capital, Parrot, Andromède |
Bonx builds modern ERP software for French small and medium-sized businesses through its startup studio. Their tools are designed to streamline complex operations in sectors like supply chain, construction, and manufacturing.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $10.3M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Lakestar, BNVT Capital, Kima Ventures, Dynamo, OSS Ventures |
OpenAirlines builds software to help airlines optimize flight operations, save fuel, and reduce their carbon footprint. Its main platform, SkyBreathe®, uses flight data analysis to provide eco-flying solutions for carriers looking to cut costs and emissions.
| Year Founded | 2006 |
| Founders | Alexandre Feray |
| Funding Amount | €47M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Bpifrance, Mirova, Eiffel Investment Group, Alter Equity 3P, The CRPN |
Ascendance creates hybrid-electric propulsion systems and aircraft designed to decarbonize the aviation industry. Their work centers on sustainable flight, including the development of Atea, a five-seat vertical take-off and landing (VTOL) aircraft for regional travel.
| Year Founded | 2018 |
| Founders | Benoit Ferran, Clément Dinel, Jean-Christophe Lambert, Thibault Baldivia |
| Funding Amount | €51M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Undisclosed |
| Top Investors | Bpifrance, Kima Ventures, France 2030, AGORANOV, M Capital Partners |
REEV creates advanced wearable robotics to restore mobility for individuals with walking impairments. Their AI-powered exoskeletons provide personalized support, helping users walk more naturally and confidently.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | $12.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Techstars, Newfund, Polytechnique Ventures, IRDI, Scala Patrimoine |
Agenium develops advanced simulation and AI solutions for the space, defense, and aeronautics industries. Their engineering teams specialize in creating tools for image processing, data science, and 3D visualization.
| Year Founded | 2003 |
| Founders | — |
| Funding Amount | €2.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Bpifrance, Galia Gestion, Axio Capital, Caisse d'Epargne Ile-de-France |
43 Additional Toulouse Startups Worth Following
Our top ten picks offer just a glimpse into the city's growing startup scene. Many other founders are working in fields like mobility and biotech, and together they have raised over €150 million.
Some of these companies are just getting started, while others have been building for years. Here is a look at the other startups helping to shape the future of Toulouse.