European startup funding Feb 2011
Monthly report · 2011-02-01 – 2011-02-28 · vs Jan 2011
Monthly
Summary
auto-generatedIn Feb 2011, 73 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €377M, up 80.3% versus Jan 2011. Debt rounds added a further €2.2M.
Deal count moved -31.1% versus Jan 2011, with 67 named investors participating.
UK led by equity raised with €163M (43.3% of equity).
Healthtech was the most-funded sector at €140M in equity (37.1%).
The ten largest rounds accounted for 80.1% of disclosed capital, led by Symphogen's €100M.
2 exits were recorded this month.
Equity funding
€377M
▲ +80.3%excl. debt & grants · +€2.2M debt
Funding rounds
73
▼ -31.1%Companies funded
73
▼ -31.1%Named investors
67
▲ +9.8%Exits
2
▼ -75.0%Leading country
€163M
43.3% of equity
Leading sector
€140M
37.1% of equity
Provenance: 78% of 73 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -9.65%
Methodology →Investments
Funding within Feb 2011
by dayFunding within Feb 2011 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €379M | 73 |
| 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 |
Biggest deals
top 10 by amount- 1SymphogenSeries D+ · Denmark · Feb 2011€100M
- 2WongaSeries C · UK · Feb 2011€85M
- 3CellNovoSeries B · UK · Feb 2011€35M
- 4Just EatSeries B · UK · Feb 2011€17M
- 5ElephantTalk CommunicationsGrowth/Late · Netherlands · Feb 2011€17M
- 6KalturaSeries C · Israel · Feb 2011€15M
- 7MBA PolymersGrowth/Late · UK · Feb 2011€11M
- 8FONGrowth/Late · Spain · Feb 2011€10M
- 9LattoSeries A · Israel · Feb 2011€8.0M
- 10mobile tagOther · France · Feb 2011€6.6M
Concentration
top 10 deals80.1%
of disclosed capital came from the ten largest rounds.
Top 10 total
€304M
Period total
€379M
Countries
Top countries
equity raisedFeb 2011 — top countries — interactive chart.
Data table
| Feb 2011 — top countries | |
|---|---|
| UK | €163M |
| Denmark | €103M |
| Israel | €30M |
| Netherlands | €17M |
| France | €16M |
| Germany | €12M |
| Spain | €11M |
| Sweden | €5.5M |
| Finland | €5.3M |
| Ireland | €5.2M |
Capital by country
share of equityFeb 2011 — capital by country — interactive chart.
Data table
| Feb 2011 — capital by country | |
|---|---|
| UK | €163M |
| Denmark | €103M |
| Israel | €30M |
| Netherlands | €17M |
| France | €16M |
| Germany | €12M |
| Spain | €11M |
| Sweden | €5.5M |
| Finland | €5.3M |
| Ireland | €5.2M |
| Other | €9.0M |
Geographic distribution
European countries shown · click a countryFeb 2011 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2011 — top sectors — interactive chart.
Data table
| Feb 2011 — top sectors | |
|---|---|
| Healthtech | €140M |
| Fintech | €85M |
| Media | €37M |
| Software | €29M |
| Telecom | €29M |
| E-commerce | €24M |
| Marketing | €22M |
| Foodtech | €18M |
| Cleantech | €15M |
| Consumer | €6.3M |
Capital by sector
share of equityFeb 2011 — capital by sector — interactive chart.
Data table
| Feb 2011 — capital by sector | |
|---|---|
| Healthtech | €140M |
| Fintech | €85M |
| Media | €37M |
| Software | €29M |
| Telecom | €29M |
| E-commerce | €24M |
| Marketing | €22M |
| Foodtech | €18M |
| Other | €26M |
Stages
Funding by stage
total euro raised by round typeFeb 2011 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €11M |
| Series A | €26M |
| Series B | €75M |
| Series C | €99M |
| Series D+ | €105M |
| Early VC | €8.3M |
| Growth/Late | €42M |
| Debt | €2.2M |
| Other | €11M |
Exits
Exit activity
2
exits recorded
€0
combined disclosed value
Exits breakdown
by typeFeb 2011 — exits by type — interactive chart.
Data table
| Feb 2011 — exits by type | |
|---|---|
| Acquisition | 2 |