Geographies/UK/2010/Q3

UK startup funding in Q3 2010

European tech funding raised by UK startups during Q3 2010.

In Q3 2010, 41 startups in the UK closed 42 funding rounds and raised €130M in equity funding (excluding debt and grants), up 56.1% versus Q3 2009. Software was the most active sector, and Advent Venture Partners was the most active investor. Data as of 6 Nov 2026.

Equity funding

€130M

+56.1% vs Q3 2009 · excl. debt & grants

Funding rounds

+16.7% vs Q3 2009

Companies

Top sector

Software

Rank in Europe

24.3% of European funding

Top-10 round share

71.1%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jul	€93M	21
Aug	€14M	8
Sep	€22M	13

Top sectors

by € raised

Data table

	UK — top sectors by capital, Q3 2010
Healthtech	€28M
Software	€28M
Consumer	€20M
Telecom	€17M
Fashion	€14M
Semiconductors	€12M
Marketing	€11M
Gaming	€7.9M

Stage mix

by € raised

Data table

	UK — stage mix, Q3 2010
Series A	€47M
Growth/Late	€28M
Series C	€16M
Series B	€12M
Other	€11M
Early VC	€11M
Seed	€3.0M

Exits & M&A

4 Buyout · 2 Acquisition · 1 IPO

7 exits · €1.1B disclosed.

Ocado	IPO	Jul 2010	€1.1B
HCS Control Systems	Buyout	Jul 2010	€10M
Arran Aromatics	Buyout	Sep 2010	€3.4M
Abacus e-Media	Buyout	Jul 2010	€2.7M
Lot78	Buyout	Jul 2010	€750k

Top deals

largest disclosed rounds in Q3 2010

Company	Stage	Date	Amount
Kymab	Series A	Jul 2010	€25M
Mirics Semiconductor	Growth/Late	Jul 2010	€11M
CloudMade	Series B	Jul 2010	€9.5M
Notonthehighstreet	Series C	Aug 2010	€9.1M
Ubiquisys	Growth/Late	Jul 2010	€7.3M
Flirtomatic	Series C	Jul 2010	€7.3M
SilverRail	Series A	Jul 2010	€7.3M
OpenCloud	Growth/Late	Sep 2010	€6.1M
Madbid	Series A	Jul 2010	€5.1M
Marcandi	Series A	Jul 2010	€5.0M
Zattikka	Other	Jul 2010	€5.0M
Ubiquisys	Growth/Late	Sep 2010	€3.9M
Farfetch	Series A	Jul 2010	€3.7M
Palringo	Series B	Aug 2010	€3.0M
Phagenesis	Other	Sep 2010	€2.8M

View all 42 UK deals in Q3 2010 →

Top investors

most active in Q3 2010, by deal count

← All 2010 UK funding