European startup funding H2 2010
Half-year report · 2010-07-01 – 2010-12-31 · vs H1 2010
Half-year
Summary
auto-generatedIn H2 2010, 332 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.5B, up 37.0% versus H1 2010. Debt rounds added a further €567M.
Deal count moved -10.5% versus H1 2010, with 195 named investors participating.
UK led by equity raised with €333M (22.5% of equity).
Telecom was the most-funded sector at €404M in equity (27.3%).
The ten largest rounds accounted for 56.9% of disclosed capital, led by O3b Networks's €556M.
61 exits were recorded this half-year worth a combined €4.7B.
Equity funding
€1.5B
▲ +37.0%excl. debt & grants · +€567M debt
Funding rounds
332
▼ -10.5%Companies funded
316
▼ -11.7%Named investors
195
▼ -12.2%Exits
61
▲ +103.3%Provenance: 78% of 332 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -13.33%
Methodology →Investments
Funding within H2 2010
by monthFunding within H2 2010 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 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
- 3Avast SoftwareGrowth/Late · Czech Republic · Oct 2010€73M
- 4FleetMaticsSeries C · Ireland · Dec 2010€52M
- 5TrivagoGrowth/Late · Germany · Dec 2010€40M
- 6showroomprive.comGrowth/Late · France · Aug 2010€37M
- 7SuperSonic ImagineSeries C · France · Nov 2010€35M
- 8Reward GatewayGrowth/Late · UK · Dec 2010€30M
- 9KymabSeries A · UK · Jul 2010€25M
- 10Anobit TechnologiesGrowth/Late · Israel · Nov 2010€23M
Concentration
top 10 deals56.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.2B
Period total
€2.1B
Countries
Top countries
equity raisedH2 2010 — top countries — interactive chart.
Data table
| H2 2010 — top countries | |
|---|---|
| UK | €333M |
| Netherlands | €324M |
| France | €221M |
| Israel | €122M |
| Germany | €103M |
| Czech Republic | €93M |
| Ireland | €68M |
| Belgium | €37M |
| Sweden | €36M |
| Switzerland | €32M |
Capital by country
share of equityH2 2010 — capital by country — interactive chart.
Data table
| H2 2010 — capital by country | |
|---|---|
| UK | €333M |
| Netherlands | €324M |
| France | €221M |
| Israel | €122M |
| Germany | €103M |
| Czech Republic | €93M |
| Ireland | €68M |
| Belgium | €37M |
| Sweden | €36M |
| Switzerland | €32M |
| Other | €110M |
Geographic distribution
European countries shown · click a countryH2 2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedH2 2010 — top sectors — interactive chart.
Data table
| H2 2010 — top sectors | |
|---|---|
| Telecom | €404M |
| Software | €244M |
| Marketing | €161M |
| Healthtech | €140M |
| E-commerce | €134M |
| Fashion | €118M |
| Cybersecurity | €93M |
| Transportation | €75M |
| Travel | €70M |
| Media | €67M |
Capital by sector
share of equityH2 2010 — capital by sector — interactive chart.
Data table
| H2 2010 — capital by sector | |
|---|---|
| Telecom | €404M |
| Software | €244M |
| Marketing | €161M |
| Healthtech | €140M |
| E-commerce | €134M |
| Fashion | €118M |
| Cybersecurity | €93M |
| Transportation | €75M |
| Other | €428M |
Stages
Funding by stage
total euro raised by round typeH2 2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €38M |
| Series A | €144M |
| Series B | €162M |
| Series C | €135M |
| Series D+ | €66M |
| Early VC | €163M |
| Growth/Late | €688M |
| Debt | €567M |
| Grant | €3.8M |
| Other | €84M |
Exits
Exit activity
61
exits recorded
€4.7B
combined disclosed value
Exits breakdown
by typeH2 2010 — exits by type — interactive chart.
Data table
| H2 2010 — exits by type | |
|---|---|
| Acquisition | 42 |
| Buyout | 16 |
| IPO | 3 |