European startup funding H1 2013
Half-year report · 2013-01-01 – 2013-06-30 · vs H2 2012
Half-year
Summary
auto-generatedIn H1 2013, 874 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.9B, down 6.2% versus H2 2012. Debt rounds added a further €30M.
Deal count moved +32.8% versus H2 2012, with 486 named investors participating.
UK led by equity raised with €448M (23.1% of equity).
Software was the most-funded sector at €307M in equity (15.8%).
The ten largest rounds accounted for 30.9% of disclosed capital, led by Ivey Business School's €158M.
43 exits were recorded this half-year worth a combined €13B.
Equity funding
€1.9B
▼ -6.2%excl. debt & grants · +€30M debt
Funding rounds
874
▲ +32.8%Companies funded
839
▲ +31.9%Named investors
486
▲ +16.3%Exits
43
▲ +38.7%Provenance: 83% of 874 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -15.19%
Methodology →Investments
Funding within H1 2013
by monthFunding within H1 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 |
Biggest deals
top 10 by amount- 1Ivey Business SchoolGrant · UK · Jun 2013€158M
- 2Biotie TherapiesGrant · Finland · Jun 2013€111M
- 3SupercellSeries B · Finland · Apr 2013€102M
- 4TruphoneGrowth/Late · UK · Feb 2013€87M
- 5IconGrowth/Late · Germany · Jun 2013€46M
- 6SymphogenGrowth/Late · Denmark · May 2013€41M
- 7Auris MedicalSeries C · Switzerland · Apr 2013€40M
- 8UlmartOther · Russia · Jun 2013€38M
- 9AVITO.ruSeries D+ · Russia · Mar 2013€38M
- 10OpsonaSeries C · Ireland · Apr 2013€33M
Concentration
top 10 deals30.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€694M
Period total
€2.2B
Countries
Top countries
equity raisedH1 2013 — top countries — interactive chart.
Data table
| H1 2013 — top countries | |
|---|---|
| UK | €448M |
| Germany | €323M |
| France | €219M |
| Israel | €151M |
| Finland | €149M |
| Russia | €119M |
| Ireland | €90M |
| Spain | €88M |
| Switzerland | €83M |
| Denmark | €64M |
Capital by country
share of equityH1 2013 — capital by country — interactive chart.
Data table
| H1 2013 — capital by country | |
|---|---|
| UK | €448M |
| Germany | €323M |
| France | €219M |
| Israel | €151M |
| Finland | €149M |
| Russia | €119M |
| Ireland | €90M |
| Spain | €88M |
| Switzerland | €83M |
| Denmark | €64M |
| Other | €210M |
Geographic distribution
European countries shown · click a countryH1 2013 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedH1 2013 — top sectors — interactive chart.
Data table
| H1 2013 — top sectors | |
|---|---|
| Software | €307M |
| Healthtech | €303M |
| Marketing | €216M |
| Media | €171M |
| Gaming | €168M |
| Consumer | €146M |
| Telecom | €141M |
| Fintech | €120M |
| Hardware | €114M |
| E-commerce | €102M |
Capital by sector
share of equityH1 2013 — capital by sector — interactive chart.
Data table
| H1 2013 — capital by sector | |
|---|---|
| Software | €307M |
| Healthtech | €303M |
| Marketing | €216M |
| Media | €171M |
| Gaming | €168M |
| Consumer | €146M |
| Telecom | €141M |
| Fintech | €120M |
| Other | €863M |
Stages
Funding by stage
total euro raised by round typeH1 2013 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €162M |
| Series A | €467M |
| Series B | €359M |
| Series C | €222M |
| Series D+ | €84M |
| Early VC | €161M |
| Growth/Late | €312M |
| Debt | €30M |
| Grant | €275M |
| Crowdfunding | €0 |
| Other | €177M |
Exits
Exit activity
43
exits recorded
€13B
combined disclosed value
Exits breakdown
by typeH1 2013 — exits by type — interactive chart.
Data table
| H1 2013 — exits by type | |
|---|---|
| Acquisition | 37 |
| Buyout | 5 |
| IPO | 1 |