Geographies/UK/2010/Q1

UK startup funding in Q1 2010

European tech funding raised by UK startups during Q1 2010.

In Q1 2010, 51 startups in the UK closed 54 funding rounds and raised €89M in equity funding (excluding debt and grants), down 16.3% versus Q1 2009. Software was the most active sector, and Octopus Ventures was the most active investor. Data as of 6 Nov 2026.

Equity funding

€89M

-16.3% vs Q1 2009 · excl. debt & grants

Funding rounds

+35.0% vs Q1 2009

Companies

Top sector

Software

Rank in Europe

20.6% of European funding

Top-10 round share

64.7%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€35M	23
Feb	€19M	13
Mar	€36M	18

Top sectors

by € raised

Data table

	UK — top sectors by capital, Q1 2010
Cybersecurity	€18M
Software	€18M
Fintech	€8.8M
Energy	€6.8M
Telecom	€4.9M
Marketing	€4.7M
Media	€4.2M
Cleantech	€3.9M

Stage mix

by € raised

Data table

	UK — stage mix, Q1 2010
Early VC	€31M
Series B	€19M
Growth/Late	€13M
Series A	€13M
Other	€9.7M
Seed	€2.4M
Grant	€1.5M

Exits & M&A

4 Buyout

4 exits · €109M disclosed.

Paradigm	Buyout	Jan 2010	€59M
Arts Alliance Media	Buyout	Jan 2010	€50M
Storage Made Easy	Buyout	Jan 2010	€227k
Audibase	Buyout	Jan 2010	€2k

Top deals

largest disclosed rounds in Q1 2010

Company	Stage	Date	Amount
Mimecast	Series B	Jan 2010	€15M
Clifford Thames	Early VC	Feb 2010	€7.2M
ControlCircle	Early VC	Mar 2010	€6.7M
Autoquake	Growth/Late	Mar 2010	€6.7M
Intela	Early VC	Jan 2010	€5.0M
Amee	Series B	Feb 2010	€3.9M
Free Flow Power	Growth/Late	Jan 2010	€3.9M
Videoplaza	Series A	Mar 2010	€3.5M
CloudMade	Other	Mar 2010	€3.4M
Oxsensis	Early VC	Mar 2010	€3.3M
Enecsys	Early VC	Jan 2010	€2.9M
Zinwave	Growth/Late	Mar 2010	€2.8M
made.com	Series A	Mar 2010	€2.8M
Promethean	Early VC	Jan 2010	€2.6M
Frankis Solutions Limited	Early VC	Mar 2010	€2.2M

View all 54 UK deals in Q1 2010 →

Top investors

most active in Q1 2010, by deal count

← All 2010 UK funding