European startup funding Q2 2010
Quarterly report · 2010-04-01 – 2010-06-30 · vs Q1 2010
Quarterly
Summary
auto-generatedIn Q2 2010, 178 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €644M, up 47.8% versus Q1 2010.
Deal count moved -7.8% versus Q1 2010, with 136 named investors participating.
UK led by equity raised with €211M (32.8% of equity).
Healthtech was the most-funded sector at €132M in equity (20.6%).
The ten largest rounds accounted for 43.2% of disclosed capital, led by Innocent drinks's €85M.
18 exits were recorded this quarter worth a combined €7.6B.
Equity funding
€644M
▲ +47.8%excl. debt & grants
Funding rounds
178
▼ -7.8%Companies funded
175
▼ -7.9%Named investors
136
▲ +15.3%Exits
18
▲ +50.0%Leading country
€211M
32.8% of equity
Leading sector
€132M
20.6% of equity
Provenance: 85% of 178 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -13.61%
Methodology →Investments
Funding within Q2 2010
by monthFunding within Q2 2010 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 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
- 4CureVacSeries C · Germany · May 2010€26M
- 5ISAIGrowth/Late · France · Apr 2010€24M
- 6Oxford Nanopore TechnologiesSeries C · UK · Apr 2010€21M
- 7The Hut GroupSeries D+ · UK · Apr 2010€16M
- 8WISeKeyGrowth/Late · Switzerland · Apr 2010€15M
- 9BullionVaultSeries D+ · UK · Jun 2010€15M
- 10VopiumGrowth/Late · Denmark · Jun 2010€13M
Concentration
top 10 deals43.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€279M
Period total
€645M
Countries
Top countries
equity raisedQ2 2010 — top countries — interactive chart.
Data table
| Q2 2010 — top countries | |
|---|---|
| UK | €211M |
| France | €154M |
| Germany | €102M |
| Switzerland | €48M |
| Israel | €27M |
| Denmark | €17M |
| Luxembourg | €16M |
| Ireland | €13M |
| Spain | €11M |
| Norway | €10M |
Capital by country
share of equityQ2 2010 — capital by country — interactive chart.
Data table
| Q2 2010 — capital by country | |
|---|---|
| UK | €211M |
| France | €154M |
| Germany | €102M |
| Switzerland | €48M |
| Israel | €27M |
| Denmark | €17M |
| Luxembourg | €16M |
| Ireland | €13M |
| Spain | €11M |
| Norway | €10M |
| Other | €35M |
Geographic distribution
European countries shown · click a countryQ2 2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ2 2010 — top sectors — interactive chart.
Data table
| Q2 2010 — top sectors | |
|---|---|
| Healthtech | €132M |
| Foodtech | €85M |
| Marketing | €67M |
| Media | €63M |
| Software | €56M |
| Fintech | €41M |
| Cybersecurity | €38M |
| Telecom | €37M |
| Edtech | €17M |
| Fashion | €17M |
Capital by sector
share of equityQ2 2010 — capital by sector — interactive chart.
Data table
| Q2 2010 — capital by sector | |
|---|---|
| Healthtech | €132M |
| Foodtech | €85M |
| Marketing | €67M |
| Media | €63M |
| Software | €56M |
| Fintech | €41M |
| Cybersecurity | €38M |
| Telecom | €37M |
| Other | €125M |
Stages
Funding by stage
total euro raised by round typeQ2 2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €19M |
| Series A | €58M |
| Series B | €104M |
| Series C | €81M |
| Series D+ | €63M |
| Early VC | €81M |
| Growth/Late | €165M |
| Grant | €656k |
| Other | €74M |
Exits
Exit activity
18
exits recorded
€7.6B
combined disclosed value
Exits breakdown
by typeQ2 2010 — exits by type — interactive chart.
Data table
| Q2 2010 — exits by type | |
|---|---|
| Acquisition | 11 |
| IPO | 4 |
| Buyout | 3 |