European startup funding Q2 2012
Quarterly report · 2012-04-01 – 2012-06-30 · vs Q1 2012
Quarterly
Summary
auto-generatedIn Q2 2012, 294 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.1B, up 50.9% versus Q1 2012.
Deal count moved -17.9% versus Q1 2012, with 219 named investors participating.
UK led by equity raised with €306M (28.2% of equity).
Marketing was the most-funded sector at €178M in equity (16.4%).
The ten largest rounds accounted for 40.6% of disclosed capital, led by Conduit's €75M.
15 exits were recorded this quarter worth a combined €1.0B.
Equity funding
€1.1B
▲ +50.9%excl. debt & grants
Funding rounds
294
▼ -17.9%Companies funded
289
▼ -16.7%Named investors
219
▼ -6.8%Exits
15
▲ +0.0%Provenance: 81% of 294 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -12.66%
Methodology →Investments
Funding within Q2 2012
by monthFunding within Q2 2012 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Apr | €291M | 89 |
| May | €458M | 106 |
| Jun | €337M | 99 |
Biggest deals
top 10 by amount- 1ConduitGrowth/Late · Israel · Apr 2012€75M
- 2AVITO.ruGrowth/Late · Russia · May 2012€57M
- 3AgendiaSeries D+ · Netherlands · May 2012€49M
- 4LuxoftSeries C · Russia · Jun 2012€48M
- 5Just EatSeries C · UK · Apr 2012€42M
- 6Westwing Home & LivingGrowth/Late · Germany · Jun 2012€40M
- 7Oxford Nanopore TechnologiesGrowth/Late · UK · May 2012€39M
- 8StuRents.comSeries A · UK · May 2012€30M
- 9UlmartOther · Russia · May 2012€30M
- 10InternetstoresGrowth/Late · Germany · May 2012€30M
Concentration
top 10 deals40.6%
of disclosed capital came from the ten largest rounds.
Top 10 total
€441M
Period total
€1.1B
Countries
Top countries
equity raisedQ2 2012 — top countries — interactive chart.
Data table
| Q2 2012 — top countries | |
|---|---|
| UK | €306M |
| Russia | €150M |
| Israel | €138M |
| Germany | €137M |
| France | €82M |
| Sweden | €75M |
| Netherlands | €63M |
| Ireland | €28M |
| Italy | €27M |
| Spain | €23M |
Capital by country
share of equityQ2 2012 — capital by country — interactive chart.
Data table
| Q2 2012 — capital by country | |
|---|---|
| UK | €306M |
| Russia | €150M |
| Israel | €138M |
| Germany | €137M |
| France | €82M |
| Sweden | €75M |
| Netherlands | €63M |
| Ireland | €28M |
| Italy | €27M |
| Spain | €23M |
| Other | €56M |
Geographic distribution
European countries shown · click a countryQ2 2012 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ2 2012 — top sectors — interactive chart.
Data table
| Q2 2012 — top sectors | |
|---|---|
| Marketing | €178M |
| Software | €149M |
| E-commerce | €147M |
| Healthtech | €137M |
| Foodtech | €116M |
| Fintech | €108M |
| Consumer | €95M |
| Proptech | €87M |
| Transportation | €61M |
| Media | €60M |
Capital by sector
share of equityQ2 2012 — capital by sector — interactive chart.
Data table
| Q2 2012 — capital by sector | |
|---|---|
| Marketing | €178M |
| Software | €149M |
| E-commerce | €147M |
| Healthtech | €137M |
| Foodtech | €116M |
| Fintech | €108M |
| Consumer | €95M |
| Proptech | €87M |
| Other | €355M |
Stages
Funding by stage
total euro raised by round typeQ2 2012 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €62M |
| Series A | €137M |
| Series B | €114M |
| Series C | €145M |
| Series D+ | €93M |
| Early VC | €79M |
| Growth/Late | €332M |
| Grant | €187k |
| Other | €124M |
Exits
Exit activity
15
exits recorded
€1.0B
combined disclosed value
Exits breakdown
by typeQ2 2012 — exits by type — interactive chart.
Data table
| Q2 2012 — exits by type | |
|---|---|
| Acquisition | 15 |