European startup funding Mar 2011
Monthly report · 2011-03-01 – 2011-03-31 · vs Feb 2011
Monthly
Summary
auto-generatedIn Mar 2011, 63 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €155M, down 58.9% versus Feb 2011.
Deal count moved -13.7% versus Feb 2011, with 51 named investors participating.
Israel led by equity raised with €38M (24.3% of equity).
Software was the most-funded sector at €46M in equity (29.8%).
The ten largest rounds accounted for 72.1% of disclosed capital, led by Rovio's €30M.
6 exits were recorded this month worth a combined €1.5B.
Equity funding
€155M
▼ -58.9%excl. debt & grants
Funding rounds
63
▼ -13.7%Companies funded
62
▼ -15.1%Named investors
51
▼ -23.9%Exits
6
▲ +200.0%Provenance: 83% of 63 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -19.66%
Methodology →Investments
Funding within Mar 2011
by dayFunding within Mar 2011 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €155M | 63 |
| 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 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1RovioSeries A · Finland · Mar 2011€30M
- 2WixSeries D+ · Israel · Mar 2011€29M
- 3AnergisSeries A · Switzerland · Mar 2011€14M
- 4AltobridgeGrowth/Late · Ireland · Mar 2011€8.7M
- 5SenseeOther · France · Mar 2011€7.5M
- 6Gett (GetTaxi)Series A · Israel · Mar 2011€5.1M
- 7BasekitEarly VC · UK · Mar 2011€4.7M
- 8clickworker GmbHSeries B · Germany · Mar 2011€4.3M
- 9Delivery HeroSeries A · Germany · Mar 2011€4.0M
- 10AvangateSeries A · Netherlands · Mar 2011€4.0M
Concentration
top 10 deals72.1%
of disclosed capital came from the ten largest rounds.
Top 10 total
€112M
Period total
€155M
Countries
Top countries
equity raisedMar 2011 — top countries — interactive chart.
Data table
| Mar 2011 — top countries | |
|---|---|
| Israel | €38M |
| Finland | €30M |
| France | €18M |
| UK | €16M |
| Switzerland | €14M |
| Ireland | €11M |
| Germany | €8.8M |
| Italy | €5.9M |
| Sweden | €4.7M |
| Netherlands | €4.0M |
Capital by country
share of equityMar 2011 — capital by country — interactive chart.
Data table
| Mar 2011 — capital by country | |
|---|---|
| Israel | €38M |
| Finland | €30M |
| France | €18M |
| UK | €16M |
| Switzerland | €14M |
| Ireland | €11M |
| Germany | €8.8M |
| Italy | €5.9M |
| Sweden | €4.7M |
| Netherlands | €4.0M |
| Other | €3.3M |
Geographic distribution
European countries shown · click a countryMar 2011 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedMar 2011 — top sectors — interactive chart.
Data table
| Mar 2011 — top sectors | |
|---|---|
| Software | €46M |
| Gaming | €30M |
| Healthtech | €18M |
| Fashion | €12M |
| Telecom | €12M |
| Travel | €7.7M |
| HRtech | €7.2M |
| Marketing | €6.7M |
| Media | €5.6M |
| Fintech | €5.6M |
Capital by sector
share of equityMar 2011 — capital by sector — interactive chart.
Data table
| Mar 2011 — capital by sector | |
|---|---|
| Software | €46M |
| Gaming | €30M |
| Healthtech | €18M |
| Fashion | €12M |
| Telecom | €12M |
| Travel | €7.7M |
| HRtech | €7.2M |
| Marketing | €6.7M |
| Other | €40M |
Stages
Funding by stage
total euro raised by round typeMar 2011 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €8.6M |
| Series A | €75M |
| Series B | €7.0M |
| Series D+ | €29M |
| Early VC | €14M |
| Growth/Late | €8.7M |
| Grant | €94k |
| Other | €12M |
Exits
Exit activity
6
exits recorded
€1.5B
combined disclosed value
Exits breakdown
by typeMar 2011 — exits by type — interactive chart.
Data table
| Mar 2011 — exits by type | |
|---|---|
| Acquisition | 5 |
| Buyout | 1 |