Exhibit 21.1

Teads N.V.

Subsidiaries of the Registrant

The following is a list of subsidiaries of Teads S.A. as of April 15, 2021 (to be a subsidiary of Teads N.V. following the corporate reorganization upon closing of this offering) as defined in Rule 1-02(w) of Regulation S-X.

Name	Jurisdiction of Incorporation
Teads France S.A.S.	France
Teads Ltd	United Kingdom
Teads Mexico S.A. de CV	Mexico
Teads Argentina SA	Argentina
Teads Brasil Solucoes Em Proganda e Video Ltd	Brazil
Teads Colombia SAS	Columbia
Teads NL B.V.	Netherlands
Teads Australia PTY Ltd	Australia
Teads Hong-Kong Limited	Hong Kong
Teads Italia SRL	Italy
Teads Espana SLU	Spain
Teads Deutschland GmbH	Germany
Teads Schweiz GmbH	Switzerland
Teads Rus LLC	Russia
Teads Inc.	USA
Teads Latam LLC	USA
Teads Canada Inc.	Canada
Teads Korea Ltd	South Korea
Teads Japan K.K.	Japan
Teads Sing. Pte	Singapore
Teads Studio Ltd.	United Kingdom
Teads Studio SRL	Romania
Teads MENA S.A.	Luxembourg
Teads SARL	Morocco
Teads Middle East FZ-LLC	United Arab Emirates (Dubai)

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