"We are a very different company to Palantir,” says “discreet” French replacement
Tech.eu John Reynolds
ChapsVision, a French data analytics startup founded in 2019, was selected by France's domestic intelligence services (DGSI) to replace US firm Palantir, citing concerns over strategic dependency on foreign technology. The DGSI contract is reported to be worth around €10 million and covers data collection and analytics for counterterrorism efforts, with migration from Palantir's systems expected to take 12 to 18 months. The deal has elevated ChapsVision's profile significantly, and the company is now in talks with governments across Europe including Poland, Germany, Denmark, Switzerland, and Luxembourg, while aiming for a €1 billion revenue target and an IPO by 2030.
Why it matters
The managing director of the little-known French startup thrown into the spotlight when it was chosen by France’s domestic intelligence services to replace controversial US data analytics giant Palant...
