European startup funding 2013
Annual report · 2013-01-01 – 2013-12-31 · vs 2012
Annual
Summary
auto-generatedIn 2013, 1,887 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €4.5B, up 16.4% versus 2012. Debt rounds added a further €51M.
Deal count moved +44.0% versus 2012, with 859 named investors participating.
UK led by equity raised with €1.2B (26.3% of equity).
Software was the most-funded sector at €747M in equity (16.6%).
The ten largest rounds accounted for 19.2% of disclosed capital, led by Spotify's €183M.
109 exits were recorded this year worth a combined €51B.
Equity funding
€4.5B
▲ +16.4%excl. debt & grants · +€51M debt
Funding rounds
1,887
▲ +44.0%Companies funded
1,689
▲ +41.7%Named investors
859
▲ +31.3%Exits
109
▲ +78.7%Provenance: 83% of 1,887 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -16.02%
Methodology →Investments
Funding within 2013
by monthFunding within 2013 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Jan | €198M | 158 |
| Feb | €256M | 110 |
| Mar | €326M | 136 |
| Apr | €518M | 149 |
| May | €309M | 146 |
| Jun | €640M | 175 |
| Jul | €404M | 176 |
| Aug | €340M | 133 |
| Sep | €384M | 198 |
| Oct | €439M | 180 |
| Nov | €696M | 179 |
| Dec | €335M | 147 |
Biggest deals
top 10 by amount- 1SpotifySeries D+ · Sweden · Nov 2013€183M
- 2Ivey Business SchoolGrant · UK · Jun 2013€158M
- 3Biotie TherapiesGrant · Finland · Jun 2013€111M
- 4SupercellSeries B · Finland · Apr 2013€102M
- 5TruphoneGrowth/Late · UK · Feb 2013€87M
- 6BuyapowaOther · UK · Aug 2013€68M
- 7Bonial International GroupOther · Germany · Oct 2013€61M
- 8Powa TechnologiesSeries A · UK · Aug 2013€57M
- 9PowaTAGSeries A · UK · Aug 2013€57M
- 10IconGrowth/Late · Germany · Jun 2013€46M
Concentration
top 10 deals19.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€931M
Period total
€4.8B
Countries
Top countries
equity raised2013 — top countries — interactive chart.
Data table
| 2013 — top countries | |
|---|---|
| UK | €1.2B |
| Germany | €619M |
| France | €548M |
| Israel | €450M |
| Sweden | €269M |
| Russia | €224M |
| Switzerland | €220M |
| Finland | €212M |
| Netherlands | €140M |
| Spain | €137M |
Capital by country
share of equity2013 — capital by country — interactive chart.
Data table
| 2013 — capital by country | |
|---|---|
| UK | €1.2B |
| Germany | €619M |
| France | €548M |
| Israel | €450M |
| Sweden | €269M |
| Russia | €224M |
| Switzerland | €220M |
| Finland | €212M |
| Netherlands | €140M |
| Spain | €137M |
| Other | €508M |
Geographic distribution
European countries shown · click a country2013 — geographic distribution — interactive chart.
Industries
Top sectors
equity raised2013 — top sectors — interactive chart.
Data table
| 2013 — top sectors | |
|---|---|
| Software | €747M |
| Healthtech | €631M |
| Media | €598M |
| Marketing | €539M |
| Fintech | €363M |
| Gaming | €293M |
| Telecom | €262M |
| E-commerce | €230M |
| Consumer | €193M |
| Fashion | €187M |
Capital by sector
share of equity2013 — capital by sector — interactive chart.
Data table
| 2013 — capital by sector | |
|---|---|
| Software | €747M |
| Healthtech | €631M |
| Media | €598M |
| Marketing | €539M |
| Fintech | €363M |
| Gaming | €293M |
| Telecom | €262M |
| E-commerce | €230M |
| Other | €1.7B |
Stages
Funding by stage
total euro raised by round type2013 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €393M |
| Series A | €921M |
| Series B | €716M |
| Series C | €464M |
| Series D+ | €417M |
| Early VC | €311M |
| Growth/Late | €661M |
| Debt | €51M |
| Grant | €280M |
| Crowdfunding | €0 |
| Other | €631M |
Exits
Exit activity
109
exits recorded
€51B
combined disclosed value
Exits breakdown
by type2013 — exits by type — interactive chart.
Data table
| 2013 — exits by type | |
|---|---|
| Acquisition | 97 |
| Buyout | 8 |
| IPO | 4 |