Geographies/UK/2010/Q2

UK startup funding in Q2 2010

European tech funding raised by UK startups during Q2 2010.

In Q2 2010, 45 startups in the UK closed 45 funding rounds and raised €211M in equity funding (excluding debt and grants), up 18.9% versus Q2 2009. Software was the most active sector, and Eden Ventures was the most active investor. Data as of 6 Nov 2026.

Equity funding

€211M

+18.9% vs Q2 2009 · excl. debt & grants

Funding rounds

+40.6% vs Q2 2009

Companies

Top sector

Software

Rank in Europe

32.8% of European funding

Top-10 round share

85.4%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Apr	€128M	15
May	€44M	13
Jun	€39M	17

Top sectors

by € raised

Data table

	UK — top sectors by capital, Q2 2010
Foodtech	€85M
Healthtech	€37M
Marketing	€21M
Fintech	€17M
Software	€16M
Fashion	€16M
Gaming	€6.6M
Media	€4.3M

Stage mix

by € raised

Data table

	UK — stage mix, Q2 2010
Growth/Late	€88M
Early VC	€32M
Series C	€31M
Series D+	€30M
Series B	€19M
Series A	€4.7M
Seed	€4.1M
Other	€2.0M

Exits & M&A

1 Acquisition · 1 Buyout · 1 IPO

3 exits · €160M disclosed.

rentalcars.com	Acquisition	Apr 2010	€106M
Cupid plc	IPO	Apr 2010	€54M

Top deals

largest disclosed rounds in Q2 2010

Company	Stage	Date	Amount
Innocent drinks	Growth/Late	Apr 2010	€85M
Oxford Nanopore Technologies	Series C	Apr 2010	€21M
The Hut Group	Series D+	Apr 2010	€16M
BullionVault	Series D+	Jun 2010	€15M
Funxional Therapeutics	Series B	May 2010	€9.2M
AePONA	Series C	Jun 2010	€8.1M
Huddle	Series B	May 2010	€7.7M
Carebase	Early VC	May 2010	€6.7M
Eutechnyx	Early VC	May 2010	€6.6M
Helveta	Early VC	May 2010	€5.5M
NewVoiceMedia	Series A	May 2010	€4.7M
Intamac Systems	Early VC	Jun 2010	€4.0M
eoSemi	Early VC	Jun 2010	€3.6M
TweetDeck	Series B	May 2010	€2.6M
eToro	Series C	Jun 2010	€2.0M

View all 45 UK deals in Q2 2010 →

Top investors

most active in Q2 2010, by deal count

← All 2010 UK funding