European startup funding Q3 2012
Quarterly report · 2012-07-01 – 2012-09-30 · vs Q2 2012
Quarterly
Summary
auto-generatedIn Q3 2012, 314 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.1B, down 2.5% versus Q2 2012. Debt rounds added a further €500k.
Deal count moved +6.8% versus Q2 2012, with 229 named investors participating.
UK led by equity raised with €325M (30.7% of equity).
Marketing was the most-funded sector at €169M in equity (16.0%).
The ten largest rounds accounted for 42.9% of disclosed capital, led by Falk Realtime's €90M.
13 exits were recorded this quarter worth a combined €20M.
Equity funding
€1.1B
▼ -2.5%excl. debt & grants · +€500k debt
Funding rounds
314
▲ +6.8%Companies funded
311
▲ +7.6%Named investors
229
▲ +4.6%Exits
13
▼ -13.3%Provenance: 79% of 314 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -10.42%
Methodology →Investments
Funding within Q3 2012
by monthFunding within Q3 2012 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Jul | €184M | 103 |
| Aug | €328M | 86 |
| Sep | €547M | 125 |
Biggest deals
top 10 by amount- 1Falk RealtimeOther · Germany · Aug 2012€90M
- 2CureVacSeries D+ · Germany · Sep 2012€80M
- 3MimecastSeries C · UK · Sep 2012€49M
- 4LamodaSeries D+ · Russia · Sep 2012€44M
- 5Delivery HeroSeries D+ · Germany · Aug 2012€41M
- 6Nasty GalSeries B · Spain · Aug 2012€33M
- 7ivi.ru MediaSeries D+ · Russia · Sep 2012€32M
- 8CRITEOSeries D+ · France · Sep 2012€32M
- 9SkyDoxOther · UK · Sep 2012€28M
- 10F2GGrowth/Late · UK · Sep 2012€27M
Concentration
top 10 deals42.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€454M
Period total
€1.1B
Countries
Top countries
equity raisedQ3 2012 — top countries — interactive chart.
Data table
| Q3 2012 — top countries | |
|---|---|
| UK | €325M |
| Germany | €293M |
| Russia | €99M |
| Israel | €86M |
| France | €83M |
| Spain | €46M |
| Finland | €36M |
| Switzerland | €23M |
| Iceland | €17M |
| Sweden | €14M |
Capital by country
share of equityQ3 2012 — capital by country — interactive chart.
Data table
| Q3 2012 — capital by country | |
|---|---|
| UK | €325M |
| Germany | €293M |
| Russia | €99M |
| Israel | €86M |
| France | €83M |
| Spain | €46M |
| Finland | €36M |
| Switzerland | €23M |
| Iceland | €17M |
| Sweden | €14M |
| Other | €38M |
Geographic distribution
European countries shown · click a countryQ3 2012 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ3 2012 — top sectors — interactive chart.
Data table
| Q3 2012 — top sectors | |
|---|---|
| Marketing | €169M |
| Healthtech | €169M |
| Software | €117M |
| Fashion | €113M |
| E-commerce | €76M |
| Media | €75M |
| Fintech | €71M |
| Cybersecurity | €63M |
| Telecom | €53M |
| Cloud | €46M |
Capital by sector
share of equityQ3 2012 — capital by sector — interactive chart.
Data table
| Q3 2012 — capital by sector | |
|---|---|
| Marketing | €169M |
| Healthtech | €169M |
| Software | €117M |
| Fashion | €113M |
| E-commerce | €76M |
| Media | €75M |
| Fintech | €71M |
| Cybersecurity | €63M |
| Other | €344M |
Stages
Funding by stage
total euro raised by round typeQ3 2012 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €69M |
| Series A | €92M |
| Series B | €105M |
| Series C | €126M |
| Series D+ | €251M |
| Early VC | €91M |
| Growth/Late | €139M |
| Debt | €500k |
| Grant | €247k |
| Crowdfunding | €0 |
| Other | €184M |
Exits
Exit activity
13
exits recorded
€20M
combined disclosed value
Exits breakdown
by typeQ3 2012 — exits by type — interactive chart.
Data table
| Q3 2012 — exits by type | |
|---|---|
| Acquisition | 13 |