European startup funding Dec 2010
Monthly report · 2010-12-01 – 2010-12-31 · vs Nov 2010
Monthly
Summary
auto-generatedIn Dec 2010, 66 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €288M, down 41.0% versus Nov 2010.
Deal count moved +37.5% versus Nov 2010, with 60 named investors participating.
UK led by equity raised with €86M (29.8% of equity).
Software was the most-funded sector at €107M in equity (37.3%).
The ten largest rounds accounted for 73.2% of disclosed capital, led by FleetMatics's €52M.
6 exits were recorded this month worth a combined €126M.
Equity funding
€288M
▼ -41.0%excl. debt & grants
Funding rounds
66
▲ +37.5%Companies funded
66
▲ +40.4%Named investors
60
▲ +66.7%Exits
6
▲ +100.0%Provenance: 67% of 66 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -11.87%
Methodology →Investments
Funding within Dec 2010
by dayFunding within Dec 2010 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €292M | 66 |
| 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- 1FleetMaticsSeries C · Ireland · Dec 2010€52M
- 2TrivagoGrowth/Late · Germany · Dec 2010€40M
- 3Reward GatewayGrowth/Late · UK · Dec 2010€30M
- 4O3b NetworksGrowth/Late · Netherlands · Dec 2010€19M
- 5NovImmuneSeries D+ · Switzerland · Dec 2010€17M
- 6Zipcar IncGrowth/Late · UK · Dec 2010€16M
- 7Cambridge Broadband NetworksGrowth/Late · UK · Dec 2010€13M
- 8EmgoEarly VC · Belgium · Dec 2010€10M
- 9Attraction WorldEarly VC · UK · Dec 2010€8.2M
- 10PE InternationalEarly VC · Germany · Dec 2010€8.0M
Concentration
top 10 deals73.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€214M
Period total
€292M
Countries
Top countries
equity raisedDec 2010 — top countries — interactive chart.
Data table
| Dec 2010 — top countries | |
|---|---|
| UK | €86M |
| Ireland | €60M |
| Germany | €53M |
| Netherlands | €19M |
| Switzerland | €17M |
| France | €15M |
| Sweden | €11M |
| Belgium | €10M |
| Israel | €7.7M |
| Finland | €3.2M |
Capital by country
share of equityDec 2010 — capital by country — interactive chart.
Data table
| Dec 2010 — capital by country | |
|---|---|
| UK | €86M |
| Ireland | €60M |
| Germany | €53M |
| Netherlands | €19M |
| Switzerland | €17M |
| France | €15M |
| Sweden | €11M |
| Belgium | €10M |
| Israel | €7.7M |
| Finland | €3.2M |
| Other | €8.1M |
Geographic distribution
European countries shown · click a countryDec 2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedDec 2010 — top sectors — interactive chart.
Data table
| Dec 2010 — top sectors | |
|---|---|
| Software | €107M |
| Transportation | €68M |
| Travel | €53M |
| E-commerce | €50M |
| Telecom | €33M |
| Wellness & Beauty | €31M |
| Marketing | €28M |
| Media | €20M |
| Healthtech | €17M |
| Cleantech | €8.0M |
Capital by sector
share of equityDec 2010 — capital by sector — interactive chart.
Data table
| Dec 2010 — capital by sector | |
|---|---|
| Software | €107M |
| Transportation | €68M |
| Travel | €53M |
| E-commerce | €50M |
| Telecom | €33M |
| Wellness & Beauty | €31M |
| Marketing | €28M |
| Media | €20M |
| Other | €48M |
Stages
Funding by stage
total euro raised by round typeDec 2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €14M |
| Series A | €21M |
| Series B | €8.3M |
| Series C | €59M |
| Series D+ | €17M |
| Early VC | €46M |
| Growth/Late | €118M |
| Grant | €3.8M |
| Other | €3.5M |
Exits
Exit activity
6
exits recorded
€126M
combined disclosed value
Exits breakdown
by typeDec 2010 — exits by type — interactive chart.
Data table
| Dec 2010 — exits by type | |
|---|---|
| Acquisition | 4 |
| Buyout | 2 |