European startup funding H2 2013
Half-year report · 2013-07-01 – 2013-12-31 · vs H1 2013
Half-year
Summary
auto-generatedIn H2 2013, 1,013 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.6B, up 32.3% versus H1 2013. Debt rounds added a further €22M.
Deal count moved +15.9% versus H1 2013, with 578 named investors participating.
UK led by equity raised with €740M (28.8% of equity).
Software was the most-funded sector at €440M in equity (17.1%).
The ten largest rounds accounted for 23.4% of disclosed capital, led by Spotify's €183M.
66 exits were recorded this half-year worth a combined €38B.
Equity funding
€2.6B
▲ +32.3%excl. debt & grants · +€22M debt
Funding rounds
1,013
▲ +15.9%Companies funded
970
▲ +15.6%Named investors
578
▲ +18.9%Exits
66
▲ +53.5%Provenance: 83% of 1,013 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -16.77%
Methodology →Investments
Funding within H2 2013
by monthFunding within H2 2013 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 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
- 2BuyapowaOther · UK · Aug 2013€68M
- 3Bonial International GroupOther · Germany · Oct 2013€61M
- 4PowaTAGSeries A · UK · Aug 2013€57M
- 5Powa TechnologiesSeries A · UK · Aug 2013€57M
- 6MobliSeries C · Israel · Nov 2013€44M
- 7AfrimaxGrowth/Late · Netherlands · Nov 2013€41M
- 8Crocus TechnologySeries D+ · France · Jul 2013€34M
- 9LuxoftOther · Russia · Dec 2013€31M
- 10MerusSeries B · Netherlands · Oct 2013€31M
Concentration
top 10 deals23.4%
of disclosed capital came from the ten largest rounds.
Top 10 total
€608M
Period total
€2.6B
Countries
Top countries
equity raisedH2 2013 — top countries — interactive chart.
Data table
| H2 2013 — top countries | |
|---|---|
| UK | €740M |
| France | €329M |
| Israel | €300M |
| Germany | €296M |
| Sweden | €221M |
| Switzerland | €137M |
| Netherlands | €107M |
| Russia | €105M |
| Finland | €63M |
| Spain | €49M |
Capital by country
share of equityH2 2013 — capital by country — interactive chart.
Data table
| H2 2013 — capital by country | |
|---|---|
| UK | €740M |
| France | €329M |
| Israel | €300M |
| Germany | €296M |
| Sweden | €221M |
| Switzerland | €137M |
| Netherlands | €107M |
| Russia | €105M |
| Finland | €63M |
| Spain | €49M |
| Other | €224M |
Geographic distribution
European countries shown · click a countryH2 2013 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedH2 2013 — top sectors — interactive chart.
Data table
| H2 2013 — top sectors | |
|---|---|
| Software | €440M |
| Media | €428M |
| Healthtech | €328M |
| Marketing | €323M |
| Fintech | €243M |
| E-commerce | €128M |
| Gaming | €124M |
| Telecom | €121M |
| Semiconductors | €109M |
| Transportation | €102M |
Capital by sector
share of equityH2 2013 — capital by sector — interactive chart.
Data table
| H2 2013 — capital by sector | |
|---|---|
| Software | €440M |
| Media | €428M |
| Healthtech | €328M |
| Marketing | €323M |
| Fintech | €243M |
| E-commerce | €128M |
| Gaming | €124M |
| Telecom | €121M |
| Other | €748M |
Stages
Funding by stage
total euro raised by round typeH2 2013 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €232M |
| Series A | €454M |
| Series B | €357M |
| Series C | €243M |
| Series D+ | €332M |
| Early VC | €150M |
| Growth/Late | €349M |
| Debt | €22M |
| Grant | €4.9M |
| Crowdfunding | €0 |
| Other | €454M |
Exits
Exit activity
66
exits recorded
€38B
combined disclosed value
Exits breakdown
by typeH2 2013 — exits by type — interactive chart.
Data table
| H2 2013 — exits by type | |
|---|---|
| Acquisition | 60 |
| Buyout | 3 |
| IPO | 3 |