European startup funding Q3 2010
Quarterly report · 2010-07-01 – 2010-09-30 · vs Q2 2010
Quarterly
Summary
auto-generatedIn Q3 2010, 172 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €523M, down 18.8% versus Q2 2010. Debt rounds added a further €11M.
Deal count moved -3.4% versus Q2 2010, with 111 named investors participating.
France led by equity raised with €164M (31.4% of equity).
Marketing was the most-funded sector at €108M in equity (20.7%).
The ten largest rounds accounted for 32.5% of disclosed capital, led by showroomprive.com's €37M.
36 exits were recorded this quarter worth a combined €4.1B.
Equity funding
€523M
▼ -18.8%excl. debt & grants · +€11M debt
Funding rounds
172
▼ -3.4%Companies funded
169
▼ -3.4%Named investors
111
▼ -18.4%Exits
36
▲ +100.0%Provenance: 83% of 172 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -11.26%
Methodology →Investments
Funding within Q3 2010
by monthFunding within Q3 2010 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Jul | €236M | 62 |
| Aug | €98M | 37 |
| Sep | €200M | 73 |
Biggest deals
top 10 by amount- 1showroomprive.comGrowth/Late · France · Aug 2010€37M
- 2KymabSeries A · UK · Jul 2010€25M
- 3BlykGrowth/Late · Finland · Sep 2010€17M
- 4WilocityGrowth/Late · Israel · Jul 2010€16M
- 5NexwaySeries B · France · Jul 2010€14M
- 6KenshooSeries D+ · Israel · Sep 2010€14M
- 7McPhyGrowth/Late · France · Jul 2010€14M
- 8EspaceMaxSeries A · France · Sep 2010€13M
- 9eXelateSeries B · Israel · Aug 2010€12M
- 10TelepoOther · Sweden · Aug 2010€11M
Concentration
top 10 deals32.5%
of disclosed capital came from the ten largest rounds.
Top 10 total
€173M
Period total
€534M
Countries
Top countries
equity raisedQ3 2010 — top countries — interactive chart.
Data table
| Q3 2010 — top countries | |
|---|---|
| France | €164M |
| UK | €130M |
| Israel | €76M |
| Finland | €23M |
| Sweden | €22M |
| Czech Republic | €20M |
| Belgium | €20M |
| Germany | €19M |
| Switzerland | €13M |
| Russia | €12M |
Capital by country
share of equityQ3 2010 — capital by country — interactive chart.
Data table
| Q3 2010 — capital by country | |
|---|---|
| France | €164M |
| UK | €130M |
| Israel | €76M |
| Finland | €23M |
| Sweden | €22M |
| Czech Republic | €20M |
| Belgium | €20M |
| Germany | €19M |
| Switzerland | €13M |
| Russia | €12M |
| Other | €24M |
Geographic distribution
European countries shown · click a countryQ3 2010 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ3 2010 — top sectors — interactive chart.
Data table
| Q3 2010 — top sectors | |
|---|---|
| Marketing | €108M |
| Software | €105M |
| Fashion | €93M |
| Healthtech | €80M |
| E-commerce | €72M |
| Telecom | €58M |
| Consumer | €30M |
| Semiconductors | €26M |
| Media | €21M |
| Fintech | €21M |
Capital by sector
share of equityQ3 2010 — capital by sector — interactive chart.
Data table
| Q3 2010 — capital by sector | |
|---|---|
| Marketing | €108M |
| Software | €105M |
| Fashion | €93M |
| Healthtech | €80M |
| E-commerce | €72M |
| Telecom | €58M |
| Consumer | €30M |
| Semiconductors | €26M |
| Other | €130M |
Stages
Funding by stage
total euro raised by round typeQ3 2010 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €10M |
| Series A | €106M |
| Series B | €95M |
| Series C | €37M |
| Series D+ | €21M |
| Early VC | €78M |
| Growth/Late | €131M |
| Debt | €11M |
| Other | €44M |
Exits
Exit activity
36
exits recorded
€4.1B
combined disclosed value
Exits breakdown
by typeQ3 2010 — exits by type — interactive chart.
Data table
| Q3 2010 — exits by type | |
|---|---|
| Acquisition | 22 |
| Buyout | 11 |
| IPO | 3 |