European startup funding H2 2012
Half-year report · 2012-07-01 – 2012-12-31 · vs H1 2012
Half-year
Summary
auto-generatedIn H2 2012, 658 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.1B, up 14.7% versus H1 2012. Debt rounds added a further €500k.
Deal count moved +0.9% versus H1 2012, with 418 named investors participating.
UK led by equity raised with €623M (30.1% of equity).
Media was the most-funded sector at €362M in equity (17.5%).
The ten largest rounds accounted for 27.8% of disclosed capital, led by Deezer's €101M.
31 exits were recorded this half-year worth a combined €6.8B.
Equity funding
€2.1B
▲ +14.7%excl. debt & grants · +€500k debt
Funding rounds
658
▲ +0.9%Companies funded
636
▲ +2.6%Named investors
418
▲ +8.9%Exits
31
▲ +3.3%Provenance: 80% of 658 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -12.02%
Methodology →Investments
Funding within H2 2012
by monthFunding within H2 2012 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Jul | €184M | 103 |
| Aug | €328M | 86 |
| Sep | €547M | 125 |
| Oct | €386M | 118 |
| Nov | €384M | 110 |
| Dec | €254M | 116 |
Biggest deals
top 10 by amount- 1DeezerSeries D+ · France · Oct 2012€101M
- 2Falk RealtimeOther · Germany · Aug 2012€90M
- 3CureVacSeries D+ · Germany · Sep 2012€80M
- 4SpotifySeries D+ · Sweden · Nov 2012€77M
- 5MimecastSeries C · UK · Sep 2012€49M
- 6LamodaSeries D+ · Russia · Sep 2012€44M
- 7Delivery HeroSeries D+ · Germany · Aug 2012€41M
- 8BiocartisSeries D+ · Switzerland · Dec 2012€35M
- 9Nasty GalSeries B · Spain · Aug 2012€33M
- 10ivi.ru MediaSeries D+ · Russia · Sep 2012€32M
Concentration
top 10 deals27.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€580M
Period total
€2.1B
Countries
Top countries
equity raisedH2 2012 — top countries — interactive chart.
Data table
| H2 2012 — top countries | |
|---|---|
| UK | €623M |
| Germany | €379M |
| France | €263M |
| Israel | €219M |
| Russia | €131M |
| Switzerland | €114M |
| Sweden | €97M |
| Spain | €57M |
| Denmark | €46M |
| Finland | €42M |
Capital by country
share of equityH2 2012 — capital by country — interactive chart.
Data table
| H2 2012 — capital by country | |
|---|---|
| UK | €623M |
| Germany | €379M |
| France | €263M |
| Israel | €219M |
| Russia | €131M |
| Switzerland | €114M |
| Sweden | €97M |
| Spain | €57M |
| Denmark | €46M |
| Finland | €42M |
| Other | €100M |
Geographic distribution
European countries shown · click a countryH2 2012 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedH2 2012 — top sectors — interactive chart.
Data table
| H2 2012 — top sectors | |
|---|---|
| Media | €362M |
| Marketing | €297M |
| Healthtech | €295M |
| Software | €276M |
| Fashion | €212M |
| E-commerce | €169M |
| Travel | €136M |
| Fintech | €135M |
| Cybersecurity | €71M |
| Telecom | €64M |
Capital by sector
share of equityH2 2012 — capital by sector — interactive chart.
Data table
| H2 2012 — capital by sector | |
|---|---|
| Media | €362M |
| Marketing | €297M |
| Healthtech | €295M |
| Software | €276M |
| Fashion | €212M |
| E-commerce | €169M |
| Travel | €136M |
| Fintech | €135M |
| Other | €604M |
Stages
Funding by stage
total euro raised by round typeH2 2012 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €122M |
| Series A | €222M |
| Series B | €195M |
| Series C | €275M |
| Series D+ | €523M |
| Early VC | €199M |
| Growth/Late | €290M |
| Debt | €500k |
| Grant | €10M |
| Crowdfunding | €0 |
| Other | €245M |
Exits
Exit activity
31
exits recorded
€6.8B
combined disclosed value
Exits breakdown
by typeH2 2012 — exits by type — interactive chart.
Data table
| H2 2012 — exits by type | |
|---|---|
| Acquisition | 24 |
| IPO | 5 |
| Buyout | 1 |
| Merger | 1 |