European startup funding 2010
Annual report · 2010-01-01 – 2010-12-31 · vs 2009
Annual
Summary
auto-generatedIn 2010, 703 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.6B, up 56.4% versus 2009. Debt rounds added a further €567M.
Deal count moved +46.8% versus 2009, with 353 named investors participating.
UK led by equity raised with €633M (24.7% of equity).
Telecom was the most-funded sector at €452M in equity (17.6%).
The ten largest rounds accounted for 39.5% of disclosed capital, led by O3b Networks's €556M.
91 exits were recorded this year worth a combined €13B.
Equity funding
€2.6B
▲ +56.4%excl. debt & grants · +€567M debt
Funding rounds
703
▲ +46.8%Companies funded
654
▲ +44.4%Named investors
353
▲ +34.2%Exits
91
▲ +97.8%Provenance: 79% of 703 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -15.06%
Methodology →Investments
Funding within 2010
by monthFunding within 2010 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Jan | €189M | 93 |
| Feb | €72M | 39 |
| Mar | €177M | 61 |
| Apr | €282M | 54 |
| May | €203M | 60 |
| Jun | €160M | 64 |
| Jul | €236M | 62 |
| Aug | €98M | 37 |
| Sep | €200M | 73 |
| Oct | €180M | 46 |
| Nov | €1.0B | 48 |
| Dec | €292M | 66 |
Biggest deals
top 10 by amount- 1O3b NetworksDebt · Netherlands · Nov 2010€556M
- 2O3b NetworksGrowth/Late · Netherlands · Nov 2010€296M
- 3Innocent drinksGrowth/Late · UK · Apr 2010€85M
- 4Avast SoftwareGrowth/Late · Czech Republic · Oct 2010€73M
- 5FleetMaticsSeries C · Ireland · Dec 2010€52M
- 6TrivagoGrowth/Late · Germany · Dec 2010€40M
- 7showroomprive.comGrowth/Late · France · Aug 2010€37M
- 8SuperSonic ImagineSeries C · France · Nov 2010€35M
- 9Noxxon PharmaOther · Germany · May 2010€33M
- 10Reward GatewayGrowth/Late · UK · Dec 2010€30M
Concentration
top 10 deals39.5%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.2B
Period total
€3.1B
Countries
Top countries
equity raised2010 — top countries — interactive chart.
Data table
| 2010 — top countries | |
|---|---|
| UK | €633M |
| France | €415M |
| Netherlands | €372M |
| Germany | €263M |
| Israel | €204M |
| Switzerland | €105M |
| Ireland | €95M |
| Czech Republic | €93M |
| Sweden | €76M |
| Spain | €64M |
Capital by country
share of equity2010 — capital by country — interactive chart.
Data table
| 2010 — capital by country | |
|---|---|
| UK | €633M |
| France | €415M |
| Netherlands | €372M |
| Germany | €263M |
| Israel | €204M |
| Switzerland | €105M |
| Ireland | €95M |
| Czech Republic | €93M |
| Sweden | €76M |
| Spain | €64M |
| Other | €241M |
Geographic distribution
European countries shown · click a country2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raised2010 — top sectors — interactive chart.
Data table
| 2010 — top sectors | |
|---|---|
| Telecom | €452M |
| Software | €374M |
| Healthtech | €346M |
| Marketing | €255M |
| Media | €184M |
| Cybersecurity | €170M |
| E-commerce | €158M |
| Fashion | €155M |
| Cleantech | €118M |
| Fintech | €105M |
Capital by sector
share of equity2010 — capital by sector — interactive chart.
Data table
| 2010 — capital by sector | |
|---|---|
| Telecom | €452M |
| Software | €374M |
| Healthtech | €346M |
| Marketing | €255M |
| Media | €184M |
| Cybersecurity | €170M |
| E-commerce | €158M |
| Fashion | €155M |
| Other | €812M |
Stages
Funding by stage
total euro raised by round type2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €79M |
| Series A | €262M |
| Series B | €337M |
| Series C | €252M |
| Series D+ | €163M |
| Early VC | €320M |
| Growth/Late | €927M |
| Debt | €567M |
| Grant | €6.1M |
| Other | €220M |
Exits
Exit activity
91
exits recorded
€13B
combined disclosed value
Exits breakdown
by type2010 — exits by type — interactive chart.
Data table
| 2010 — exits by type | |
|---|---|
| Acquisition | 54 |
| Buyout | 29 |
| IPO | 8 |