European startup funding Mar 2010
Monthly report · 2010-03-01 – 2010-03-31 · vs Feb 2010
Monthly
Summary
auto-generatedIn Mar 2010, 61 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €177M, up 151.3% versus Feb 2010.
Deal count moved +56.4% versus Feb 2010, with 49 named investors participating.
UK led by equity raised with €36M (20.3% of equity).
Healthtech was the most-funded sector at €46M in equity (26.1%).
The ten largest rounds accounted for 68.2% of disclosed capital, led by Lemnis Lighting's €28M.
2 exits were recorded this month.
Equity funding
€177M
▲ +151.3%excl. debt & grants
Funding rounds
61
▲ +56.4%Companies funded
61
▲ +60.5%Named investors
49
▲ +96.0%Exits
2
Leading country
€36M
20.3% of equity
Leading sector
€46M
26.1% of equity
Provenance: 79% of 61 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -17.15%
Methodology →Investments
Funding within Mar 2010
by dayFunding within Mar 2010 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €177M | 61 |
| 02 | €0 | 0 |
| 03 | €0 | 0 |
| 04 | €0 | 0 |
| 05 | €0 | 0 |
| 06 | €0 | 0 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €0 | 0 |
| 10 | €0 | 0 |
| 11 | €0 | 0 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €0 | 0 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1Lemnis LightingSeries D+ · Netherlands · Mar 2010€28M
- 2WILEXOther · Germany · Mar 2010€24M
- 3Valtech CardioSeries B · Israel · Mar 2010€13M
- 4Energy MicroGrowth/Late · Norway · Mar 2010€9.6M
- 5Tuenti TechnologiesEarly VC · Spain · Mar 2010€9.0M
- 6GeoSentricSeries B · Netherlands · Mar 2010€8.1M
- 7TCD PharmaOther · Spain · Mar 2010€8.0M
- 8WixSeries C · Israel · Mar 2010€7.4M
- 9ControlCircleEarly VC · UK · Mar 2010€6.7M
- 10AutoquakeGrowth/Late · UK · Mar 2010€6.7M
Concentration
top 10 deals68.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€121M
Period total
€177M
Countries
Top countries
equity raisedMar 2010 — top countries — interactive chart.
Data table
| Mar 2010 — top countries | |
|---|---|
| UK | €36M |
| Netherlands | €36M |
| Germany | €28M |
| Israel | €26M |
| Spain | €19M |
| Norway | €9.6M |
| Türkiye | €5.5M |
| France | €5.1M |
| Ireland | €4.5M |
| Denmark | €2.0M |
Capital by country
share of equityMar 2010 — capital by country — interactive chart.
Data table
| Mar 2010 — capital by country | |
|---|---|
| UK | €36M |
| Netherlands | €36M |
| Germany | €28M |
| Israel | €26M |
| Spain | €19M |
| Norway | €9.6M |
| Türkiye | €5.5M |
| France | €5.1M |
| Ireland | €4.5M |
| Denmark | €2.0M |
| Other | €5.6M |
Geographic distribution
European countries shown · click a countryMar 2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedMar 2010 — top sectors — interactive chart.
Data table
| Mar 2010 — top sectors | |
|---|---|
| Healthtech | €46M |
| Software | €38M |
| Cleantech | €37M |
| Media | €21M |
| E-commerce | €17M |
| Fintech | €9.5M |
| Fashion | €6.8M |
| Telecom | €4.5M |
| Marketing | €3.6M |
| Consumer | €2.8M |
Capital by sector
share of equityMar 2010 — capital by sector — interactive chart.
Data table
| Mar 2010 — capital by sector | |
|---|---|
| Healthtech | €46M |
| Software | €38M |
| Cleantech | €37M |
| Media | €21M |
| E-commerce | €17M |
| Fintech | €9.5M |
| Fashion | €6.8M |
| Telecom | €4.5M |
| Other | €14M |
Stages
Funding by stage
total euro raised by round typeMar 2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €7.9M |
| Series A | €17M |
| Series B | €30M |
| Series C | €7.4M |
| Series D+ | €28M |
| Early VC | €27M |
| Growth/Late | €19M |
| Other | €42M |
Exits
Exit activity
2
exits recorded
€0
combined disclosed value
Exits breakdown
by typeMar 2010 — exits by type — interactive chart.
Data table
| Mar 2010 — exits by type | |
|---|---|
| Buyout | 2 |