UK startup funding in H2 2011
European tech funding raised by UK startups during H2 2011.
In H2 2011, 144 startups in the UK closed 145 funding rounds and raised €438M in equity funding (excluding debt and grants), up 31.4% versus H2 2010. Software was the most active sector, and Pentech Ventures was the most active investor. Data as of 6 Nov 2026.
Equity funding
€438M
+31.4% vs H2 2010 · excl. debt & grants
Funding rounds
145
+61.1% vs H2 2010
Companies
144
Top sector
Software
Rank in Europe
#1
29.8% of European funding
Top-10 round share
59.1%
of disclosed capital
Funding by month
€ raised vs rounds, by monthUK — funding by month, H2 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jul | €8.8M | 19 |
| Aug | €89M | 22 |
| Sep | €68M | 30 |
| Oct | €175M | 25 |
| Nov | €67M | 33 |
| Dec | €30M | 16 |
Top sectors
by € raisedUK — top sectors by capital, H2 2011 — interactive chart.
Data table
| UK — top sectors by capital, H2 2011 | |
|---|---|
| Cloud | €91M |
| Marketing | €82M |
| Software | €65M |
| Energy | €46M |
| Healthtech | €40M |
| Media | €33M |
| Cleantech | €32M |
| Fintech | €25M |
Stage mix
by € raisedUK — stage mix, H2 2011 — interactive chart.
Data table
| UK — stage mix, H2 2011 | |
|---|---|
| Other | €152M |
| Growth/Late | €130M |
| Early VC | €60M |
| Series B | €57M |
| Series A | €22M |
| Seed | €13M |
| Series D+ | €2.3M |
| Series C | €397k |
| Grant | €228k |
Exits & M&A
6 Acquisition · 2 Buyout8 exits · €2.1B disclosed.
| Trader Media Group | Buyout | Oct 2011 | €2.0B |
| Aldermore Bank plc | Buyout | Oct 2011 | €48M |
| ControlCircle | Acquisition | Sep 2011 | €47M |
Top deals
largest disclosed rounds in H2 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| Six Degrees Group | Other | Oct 2011 | €83M |
| Nexeon | Growth/Late | Aug 2011 | €46M |
| Adapt | Growth/Late | Oct 2011 | €35M |
| Sphere Medical Holding | Growth/Late | Oct 2011 | €18M |
| Ebuzzing | Series B | Aug 2011 | €18M |
| Amplio Group | Growth/Late | Nov 2011 | €16M |
| HouseTrip | Series B | Nov 2011 | €12M |
| ip.access | Growth/Late | Dec 2011 | €11M |
| Imperial Innovations Limited | Other | Dec 2011 | €11M |
| Be At One | Early VC | Nov 2011 | €9.2M |
| Acquisio | Series B | Aug 2011 | €8.5M |
| Aquamarine Power | Early VC | Sep 2011 | €7.9M |
| Centrix Software | Early VC | Aug 2011 | €7.0M |
| Phagenesis | Other | Oct 2011 | €7.0M |
| Autifony Therapeutics | Other | Aug 2011 | €7.0M |
Top investors
most active in H2 2011, by deal count- Pentech Ventures3 deals
- Kima Ventures3 deals
- The North West Fund3 deals
- Oxford Capital Partners3 deals
- Octopus Ventures3 deals
- Atomico2 deals
- WPP2 deals
- Gordon Shields2 deals
- GIMV2 deals
- Crowdcube2 deals