Kellogg Private Equity

After receiving more than 120 applications from 42 countries, the IMPACT Start-up Challenge shortlisted some great teams, all of which got a chance to present their projects at VivaTech. But among them, it also picked five winners who shared €50,000 in prizes.

Now in its sixth edition, the French Tech Next 40/120 program follows criteria that have evolved over the years to put less emphasis on paper valuations, and more on tangible revenue.

Here’s an overview of this year’s new entrants — 11 on the Next40 list, and 35 among the remaining 80.