European startup funding H1 2010
Half-year report · 2010-01-01 – 2010-06-30 · vs H2 2009
Half-year
Summary
auto-generatedIn H1 2010, 371 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.1B, up 26.2% versus H2 2009.
Deal count moved +58.5% versus H2 2009, with 222 named investors participating.
UK led by equity raised with €300M (27.8% of equity).
Healthtech was the most-funded sector at €206M in equity (19.1%).
The ten largest rounds accounted for 28.6% of disclosed capital, led by Innocent drinks's €85M.
30 exits were recorded this half-year worth a combined €8.0B.
Equity funding
€1.1B
▲ +26.2%excl. debt & grants
Funding rounds
371
▲ +58.5%Companies funded
358
▲ +59.1%Named investors
222
▲ +43.2%Exits
30
▲ +36.4%Leading country
€300M
27.8% of equity
Leading sector
€206M
19.1% of equity
Provenance: 80% of 371 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -16.54%
Methodology →Investments
Funding within H1 2010
by monthFunding within H1 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 |
Biggest deals
top 10 by amount- 1Innocent drinksGrowth/Late · UK · Apr 2010€85M
- 2Noxxon PharmaOther · Germany · May 2010€33M
- 3BiocartisSeries B · Switzerland · Apr 2010€30M
- 4Lemnis LightingSeries D+ · Netherlands · Mar 2010€28M
- 5CureVacSeries C · Germany · May 2010€26M
- 6ISAIGrowth/Late · France · Apr 2010€24M
- 7WILEXOther · Germany · Mar 2010€24M
- 8Oxford Nanopore TechnologiesSeries C · UK · Apr 2010€21M
- 9CeQurSeries A · Switzerland · Jan 2010€21M
- 10BokuSeries C · Germany · Jan 2010€17M
Concentration
top 10 deals28.6%
of disclosed capital came from the ten largest rounds.
Top 10 total
€310M
Period total
€1.1B
Countries
Top countries
equity raisedH1 2010 — top countries — interactive chart.
Data table
| H1 2010 — top countries | |
|---|---|
| UK | €300M |
| France | €194M |
| Germany | €160M |
| Israel | €82M |
| Switzerland | €72M |
| Netherlands | €48M |
| Sweden | €40M |
| Spain | €33M |
| Ireland | €27M |
| Norway | €23M |
Capital by country
share of equityH1 2010 — capital by country — interactive chart.
Data table
| H1 2010 — capital by country | |
|---|---|
| UK | €300M |
| France | €194M |
| Germany | €160M |
| Israel | €82M |
| Switzerland | €72M |
| Netherlands | €48M |
| Sweden | €40M |
| Spain | €33M |
| Ireland | €27M |
| Norway | €23M |
| Other | €102M |
Geographic distribution
European countries shown · click a countryH1 2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedH1 2010 — top sectors — interactive chart.
Data table
| H1 2010 — top sectors | |
|---|---|
| Healthtech | €206M |
| Software | €131M |
| Media | €117M |
| Marketing | €94M |
| Foodtech | €85M |
| Cybersecurity | €77M |
| Fintech | €75M |
| Cleantech | €64M |
| Telecom | €48M |
| Fashion | €37M |
Capital by sector
share of equityH1 2010 — capital by sector — interactive chart.
Data table
| H1 2010 — capital by sector | |
|---|---|
| Healthtech | €206M |
| Software | €131M |
| Media | €117M |
| Marketing | €94M |
| Foodtech | €85M |
| Cybersecurity | €77M |
| Fintech | €75M |
| Cleantech | €64M |
| Other | €261M |
Stages
Funding by stage
total euro raised by round typeH1 2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €41M |
| Series A | €118M |
| Series B | €175M |
| Series C | €117M |
| Series D+ | €97M |
| Early VC | €158M |
| Growth/Late | €239M |
| Grant | €2.2M |
| Other | €136M |
Exits
Exit activity
30
exits recorded
€8.0B
combined disclosed value
Exits breakdown
by typeH1 2010 — exits by type — interactive chart.
Data table
| H1 2010 — exits by type | |
|---|---|
| Buyout | 13 |
| Acquisition | 12 |
| IPO | 5 |