UK startup funding in Q2 2011
European tech funding raised by UK startups during Q2 2011.
In Q2 2011, 68 startups in the UK closed 70 funding rounds and raised €244M in equity funding (excluding debt and grants), up 15.6% versus Q2 2010. Debt rounds added €11M. Marketing was the most active sector, and Index Ventures was the most active investor. Data as of 6 Nov 2026.
Equity funding
€244M
+15.6% vs Q2 2010 · excl. debt & grants · +€11M debt
Funding rounds
70
+55.6% vs Q2 2010
Companies
68
Top sector
Marketing
Rank in Europe
#1
30.9% of European funding
Debt financing
€11M
4.5% of total
Top-10 round share
71.6%
of disclosed capital
Funding by month
€ raised vs rounds, by monthUK — funding by month, Q2 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Apr | €121M | 31 |
| May | €54M | 14 |
| Jun | €81M | 25 |
Top sectors
by € raisedUK — top sectors by capital, Q2 2011 — interactive chart.
Data table
| UK — top sectors by capital, Q2 2011 | |
|---|---|
| Marketing | €58M |
| E-commerce | €50M |
| Travel | €43M |
| Healthtech | €36M |
| Consumer | €33M |
| Energy | €28M |
| Media | €25M |
| Fintech | €23M |
Stage mix
by € raisedUK — stage mix, Q2 2011 — interactive chart.
Data table
| UK — stage mix, Q2 2011 | |
|---|---|
| Growth/Late | €84M |
| Series B | €33M |
| Series D+ | €28M |
| Other | €24M |
| Early VC | €23M |
| Series A | €23M |
| Series C | €22M |
| Debt | €11M |
| Seed | €7.0M |
Exits & M&A
4 Acquisition · 2 Buyout · 2 IPO8 exits · €1.1B disclosed.
| Google DeepMind | Acquisition | May 2011 | €480M |
| NaturalMotion | Acquisition | Apr 2011 | €479M |
| Pilat Media | Acquisition | May 2011 | €76M |
| Gold Medal International | Acquisition | May 2011 | €54M |
| Fine Industries | Buyout | Jun 2011 | €31M |
| PTS Consulting | Buyout | May 2011 | €10M |
Top deals
largest disclosed rounds in Q2 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| EVIIVO | Growth/Late | Apr 2011 | €34M |
| Oxford Nanopore Technologies | Series D+ | Apr 2011 | €28M |
| Enecsys | Series B | May 2011 | €28M |
| Shazam | Series C | Jun 2011 | €22M |
| Media Ingenuity | Growth/Late | Apr 2011 | €20M |
| Mirics Semiconductor | Growth/Late | May 2011 | €12M |
| WorldStores | Debt | Jun 2011 | €11M |
| mblox | Growth/Late | Jun 2011 | €9.6M |
| Mind Candy | Other | Jun 2011 | €9.0M |
| Neul | Growth/Late | Jun 2011 | €8.9M |
| Bookatable (Livebookings) | Early VC | Apr 2011 | €7.0M |
| Metaforic | Series B | Apr 2011 | €5.6M |
| Stylistpick | Series A | Apr 2011 | €5.6M |
| SilverRail | Other | Apr 2011 | €4.5M |
| We R Interactive | Other | May 2011 | €4.5M |
Top investors
most active in Q2 2011, by deal count- Index Ventures5 deals
- Oxford Capital Partners3 deals
- Wellington Partners3 deals
- LDC2 deals
- Balderton Capital2 deals
- Draper Esprit2 deals
- Scottish Equity Partners2 deals
- Passion Capital2 deals
- Bridges Ventures1 deals
- Charles Wiles1 deals