European startup funding Q3 2013
Quarterly report · 2013-07-01 – 2013-09-30 · vs Q2 2013
Quarterly
Summary
auto-generatedIn Q3 2013, 507 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.1B, down 6.1% versus Q2 2013. Debt rounds added a further €11M.
Deal count moved +7.9% versus Q2 2013, with 330 named investors participating.
UK led by equity raised with €421M (37.7% of equity).
Software was the most-funded sector at €223M in equity (19.9%).
The ten largest rounds accounted for 33.3% of disclosed capital, led by Buyapowa's €68M.
28 exits were recorded this quarter worth a combined €14B.
Equity funding
€1.1B
▼ -6.1%excl. debt & grants · +€11M debt
Funding rounds
507
▲ +7.9%Companies funded
499
▲ +7.3%Named investors
330
▲ +5.1%Exits
28
▲ +27.3%Provenance: 84% of 507 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -15.34%
Methodology →Investments
Funding within Q3 2013
by monthFunding within Q3 2013 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Jul | €404M | 176 |
| Aug | €340M | 133 |
| Sep | €384M | 198 |
Biggest deals
top 10 by amount- 1BuyapowaOther · UK · Aug 2013€68M
- 2Powa TechnologiesSeries A · UK · Aug 2013€57M
- 3PowaTAGSeries A · UK · Aug 2013€57M
- 4Crocus TechnologySeries D+ · France · Jul 2013€34M
- 5ShazamSeries D+ · UK · Jul 2013€31M
- 6EvotecGrowth/Late · Germany · Sep 2013€30M
- 7NewVoiceMediaSeries C · UK · Sep 2013€26M
- 8ObsEvaSeries A · Switzerland · Aug 2013€26M
- 9Delivery HeroSeries D+ · Germany · Jul 2013€23M
- 10WiThingsSeries B · France · Jul 2013€23M
Concentration
top 10 deals33.3%
of disclosed capital came from the ten largest rounds.
Top 10 total
€376M
Period total
€1.1B
Countries
Top countries
equity raisedQ3 2013 — top countries — interactive chart.
Data table
| Q3 2013 — top countries | |
|---|---|
| UK | €421M |
| France | €151M |
| Germany | €141M |
| Israel | €88M |
| Switzerland | €54M |
| Spain | €33M |
| Ireland | €30M |
| Finland | €30M |
| Sweden | €26M |
| Denmark | €23M |
Capital by country
share of equityQ3 2013 — capital by country — interactive chart.
Data table
| Q3 2013 — capital by country | |
|---|---|
| UK | €421M |
| France | €151M |
| Germany | €141M |
| Israel | €88M |
| Switzerland | €54M |
| Spain | €33M |
| Ireland | €30M |
| Finland | €30M |
| Sweden | €26M |
| Denmark | €23M |
| Other | €119M |
Geographic distribution
European countries shown · click a countryQ3 2013 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ3 2013 — top sectors — interactive chart.
Data table
| Q3 2013 — top sectors | |
|---|---|
| Software | €223M |
| Marketing | €170M |
| Fintech | €148M |
| Healthtech | €142M |
| Media | €104M |
| E-commerce | €103M |
| Foodtech | €69M |
| Semiconductors | €68M |
| Travel | €44M |
| Fashion | €40M |
Capital by sector
share of equityQ3 2013 — capital by sector — interactive chart.
Data table
| Q3 2013 — capital by sector | |
|---|---|
| Software | €223M |
| Marketing | €170M |
| Fintech | €148M |
| Healthtech | €142M |
| Media | €104M |
| E-commerce | €103M |
| Foodtech | €69M |
| Semiconductors | €68M |
| Other | €255M |
Stages
Funding by stage
total euro raised by round typeQ3 2013 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €116M |
| Series A | €298M |
| Series B | €146M |
| Series C | €105M |
| Series D+ | €119M |
| Early VC | €59M |
| Growth/Late | €120M |
| Debt | €11M |
| Grant | €589k |
| Crowdfunding | €0 |
| Other | €153M |
Exits
Exit activity
28
exits recorded
€14B
combined disclosed value
Exits breakdown
by typeQ3 2013 — exits by type — interactive chart.
Data table
| Q3 2013 — exits by type | |
|---|---|
| Acquisition | 27 |
| IPO | 1 |