UK startup funding in Q4 2011
European tech funding raised by UK startups during Q4 2011.
In Q4 2011, 73 startups in the UK closed 74 funding rounds and raised €272M in equity funding (excluding debt and grants), up 33.6% versus Q4 2010. Software was the most active sector, and Octopus Ventures was the most active investor. Data as of 6 Nov 2026.
Equity funding
€272M
+33.6% vs Q4 2010 · excl. debt & grants
Funding rounds
74
+54.2% vs Q4 2010
Companies
73
Top sector
Software
Rank in Europe
#1
30.9% of European funding
Top-10 round share
76.9%
of disclosed capital
Funding by month
€ raised vs rounds, by monthUK — funding by month, Q4 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Oct | €175M | 25 |
| Nov | €67M | 33 |
| Dec | €30M | 16 |
Top sectors
by € raisedUK — top sectors by capital, Q4 2011 — interactive chart.
Data table
| UK — top sectors by capital, Q4 2011 | |
|---|---|
| Cloud | €83M |
| Software | €55M |
| Marketing | €49M |
| Healthtech | €25M |
| Fintech | €19M |
| Travel | €18M |
| Cleantech | €16M |
| Proptech | €12M |
Stage mix
by € raisedUK — stage mix, Q4 2011 — interactive chart.
Data table
| UK — stage mix, Q4 2011 | |
|---|---|
| Other | €118M |
| Growth/Late | €80M |
| Early VC | €28M |
| Series B | €22M |
| Series A | €17M |
| Seed | €6.4M |
| Series D+ | €584k |
| Series C | €397k |
Exits & M&A
5 Acquisition · 2 Buyout7 exits · €2.1B disclosed.
| Trader Media Group | Buyout | Oct 2011 | €2.0B |
| Aldermore Bank plc | Buyout | Oct 2011 | €48M |
Top deals
largest disclosed rounds in Q4 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| Six Degrees Group | Other | Oct 2011 | €83M |
| Adapt | Growth/Late | Oct 2011 | €35M |
| Sphere Medical Holding | Growth/Late | Oct 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 |
| Phagenesis | Other | Oct 2011 | €7.0M |
| Wahanda | Series B | Oct 2011 | €6.3M |
| Statesman Travel Group | Other | Oct 2011 | €5.9M |
| Benefex Group | Early VC | Oct 2011 | €4.8M |
| Helveta | Early VC | Nov 2011 | €4.6M |
| aiHit | Series A | Oct 2011 | €4.1M |
| PlayJam | Series A | Oct 2011 | €3.7M |
Top investors
most active in Q4 2011, by deal count- Octopus Ventures3 deals
- Oxford Capital Partners2 deals
- Atomico2 deals
- Beringea2 deals
- Business Growth Fund2 deals
- WPP2 deals
- Crowdcube2 deals
- Atlas Venture1 deals
- Balderton Capital1 deals
- Ballpark Ventures1 deals