European startup funding Oct 2011
Monthly report · 2011-10-01 – 2011-10-31 · vs Sep 2011
Monthly
Summary
auto-generatedIn Oct 2011, 85 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €329M, up 19.5% versus Sep 2011.
Deal count moved -7.6% versus Sep 2011, with 79 named investors participating.
UK led by equity raised with €175M (53.1% of equity).
Cloud was the most-funded sector at €83M in equity (25.3%).
The ten largest rounds accounted for 68.4% of disclosed capital, led by Six Degrees Group's €83M.
5 exits were recorded this month worth a combined €2.1B.
Equity funding
€329M
▲ +19.5%excl. debt & grants
Funding rounds
85
▼ -7.6%Companies funded
85
▼ -7.6%Named investors
79
▲ +19.7%Exits
5
▲ +25.0%Provenance: 81% of 85 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -14.12%
Methodology →Investments
Funding within Oct 2011
by dayFunding within Oct 2011 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €329M | 85 |
| 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- 1Six Degrees GroupOther · UK · Oct 2011€83M
- 2AdaptGrowth/Late · UK · Oct 2011€35M
- 3ZenpriseSeries D+ · France · Oct 2011€27M
- 4Sphere Medical HoldingGrowth/Late · UK · Oct 2011€18M
- 5SikluSeries B · Israel · Oct 2011€14M
- 6iZettleSeries A · Sweden · Oct 2011€11M
- 7Delivery HeroSeries B · Germany · Oct 2011€11M
- 8MendixSeries A · Netherlands · Oct 2011€9.6M
- 9madvertiseOther · Germany · Oct 2011€9.0M
- 10Miracor Medical SystemsSeries B · Austria · Oct 2011€7.4M
Concentration
top 10 deals68.4%
of disclosed capital came from the ten largest rounds.
Top 10 total
€225M
Period total
€329M
Countries
Top countries
equity raisedOct 2011 — top countries — interactive chart.
Data table
| Oct 2011 — top countries | |
|---|---|
| UK | €175M |
| France | €35M |
| Germany | €33M |
| Israel | €29M |
| Sweden | €12M |
| Netherlands | €9.8M |
| Russia | €8.2M |
| Austria | €7.4M |
| Ireland | €6.6M |
| Italy | €4.5M |
Capital by country
share of equityOct 2011 — capital by country — interactive chart.
Data table
| Oct 2011 — capital by country | |
|---|---|
| UK | €175M |
| France | €35M |
| Germany | €33M |
| Israel | €29M |
| Sweden | €12M |
| Netherlands | €9.8M |
| Russia | €8.2M |
| Austria | €7.4M |
| Ireland | €6.6M |
| Italy | €4.5M |
| Other | €9.5M |
Geographic distribution
European countries shown · click a countryOct 2011 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedOct 2011 — top sectors — interactive chart.
Data table
| Oct 2011 — top sectors | |
|---|---|
| Cloud | €83M |
| Marketing | €61M |
| Software | €57M |
| Healthtech | €47M |
| Cybersecurity | €36M |
| Fintech | €19M |
| E-commerce | €19M |
| Telecom | €15M |
| Foodtech | €13M |
| Gaming | €13M |
Capital by sector
share of equityOct 2011 — capital by sector — interactive chart.
Data table
| Oct 2011 — capital by sector | |
|---|---|
| Cloud | €83M |
| Marketing | €61M |
| Software | €57M |
| Healthtech | €47M |
| Cybersecurity | €36M |
| Fintech | €19M |
| E-commerce | €19M |
| Telecom | €15M |
| Other | €57M |
Stages
Funding by stage
total euro raised by round typeOct 2011 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €10M |
| Series A | €38M |
| Series B | €59M |
| Series D+ | €27M |
| Early VC | €19M |
| Growth/Late | €56M |
| Other | €120M |
Exits
Exit activity
5
exits recorded
€2.1B
combined disclosed value
Exits breakdown
by typeOct 2011 — exits by type — interactive chart.
Data table
| Oct 2011 — exits by type | |
|---|---|
| Buyout | 3 |
| Acquisition | 2 |