UK startup funding in H2 2014
European tech funding raised by UK startups during H2 2014.
In H2 2014, 277 startups in the UK closed 290 funding rounds and raised €1.9B in equity funding (excluding debt and grants), up 160.3% versus H2 2013. Debt rounds added €11M. Software was the most active sector, and Crowdcube was the most active investor. Data as of 6 Nov 2026.
Equity funding
€1.9B
+160.3% vs H2 2013 · excl. debt & grants · +€11M debt
Funding rounds
290
+0.3% vs H2 2013
Companies
277
Top sector
Software
Rank in Europe
#1
35.8% of European funding
Debt financing
€11M
0.6% of total
Top-10 round share
57.9%
of disclosed capital
Rounds ≥ €100M
2
Funding by month
€ raised vs rounds, by monthUK — funding by month, H2 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jul | €813M | 57 |
| Aug | €107M | 40 |
| Sep | €293M | 66 |
| Oct | €212M | 51 |
| Nov | €372M | 35 |
| Dec | €141M | 41 |
Top sectors
by € raisedUK — top sectors by capital, H2 2014 — interactive chart.
Data table
| UK — top sectors by capital, H2 2014 | |
|---|---|
| Telecom | €477M |
| Software | €272M |
| Fintech | €264M |
| Marketing | €224M |
| Healthtech | €198M |
| Fashion | €166M |
| Cloud | €140M |
| Gaming | €62M |
Stage mix
by € raisedUK — stage mix, H2 2014 — interactive chart.
Data table
| UK — stage mix, H2 2014 | |
|---|---|
| Growth/Late | €676M |
| Other | €318M |
| Series A | €245M |
| Series D+ | €231M |
| Series B | €222M |
| Series C | €115M |
| Seed | €60M |
| Early VC | €60M |
| Debt | €11M |
Exits & M&A
23 Acquisition · 2 Buyout · 1 Merger26 exits · €9.8B disclosed.
| TelecityGroup | Acquisition | Oct 2014 | €3.2B |
| Net-a-Porter | Merger | Nov 2014 | €3.1B |
| Pace | Acquisition | Oct 2014 | €1.9B |
| TheTrainline.com | Buyout | Jul 2014 | €540M |
| TradeFX | Acquisition | Nov 2014 | €458M |
| uSwitch | Acquisition | Nov 2014 | €192M |
Top deals
largest disclosed rounds in H2 2014| Company | Stage | Date | Amount |
|---|---|---|---|
| Helios Towers Africa | Growth/Late | Jul 2014 | €461M |
| The Hut Group | Growth/Late | Jul 2014 | €125M |
| Adaptimmune | Series A | Sep 2014 | €79M |
| Buyapowa | Other | Nov 2014 | €72M |
| euNetworks | Other | Oct 2014 | €70M |
| Virtus | Other | Sep 2014 | €70M |
| PowaTAG | Series B | Nov 2014 | €64M |
| Powa Technologies | Series C | Nov 2014 | €64M |
| Cell Medica | Series B | Nov 2014 | €64M |
| FanDuel | Series D+ | Sep 2014 | €53M |
| Funding Circle | Series D+ | Jul 2014 | €48M |
| Huddle | Series D+ | Dec 2014 | €41M |
| NewVoiceMedia | Series D+ | Jul 2014 | €37M |
| Quanta Fluid Solutions | Series B | Nov 2014 | €34M |
| Alfresco | Series D+ | Aug 2014 | €34M |
Top investors
most active in H2 2014, by deal count- Crowdcube22 deals
- Seedrs14 deals
- Wellington Partners8 deals
- Octopus Ventures7 deals
- Index Ventures6 deals
- Accel6 deals
- Techstars5 deals
- Wayra5 deals
- Balderton Capital5 deals
- Scottish Investment Bank - Scottish Enterprise4 deals