European startup funding Q4 2013
Quarterly report · 2013-10-01 – 2013-12-31 · vs Q3 2013
Quarterly
Summary
auto-generatedIn Q4 2013, 506 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.5B, up 30.3% versus Q3 2013. Debt rounds added a further €11M.
Deal count moved -0.2% versus Q3 2013, with 348 named investors participating.
UK led by equity raised with €318M (21.9% of equity).
Media was the most-funded sector at €324M in equity (22.3%).
The ten largest rounds accounted for 34.8% of disclosed capital, led by Spotify's €183M.
38 exits were recorded this quarter worth a combined €24B.
Equity funding
€1.5B
▲ +30.3%excl. debt & grants · +€11M debt
Funding rounds
506
▼ -0.2%Companies funded
495
▼ -0.8%Named investors
348
▲ +5.5%Exits
38
▲ +35.7%Provenance: 82% of 506 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -17.92%
Methodology →Investments
Funding within Q4 2013
by monthFunding within Q4 2013 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Oct | €439M | 180 |
| Nov | €696M | 179 |
| Dec | €335M | 147 |
Biggest deals
top 10 by amount- 1SpotifySeries D+ · Sweden · Nov 2013€183M
- 2Bonial International GroupOther · Germany · Oct 2013€61M
- 3MobliSeries C · Israel · Nov 2013€44M
- 4AfrimaxGrowth/Late · Netherlands · Nov 2013€41M
- 5LuxoftOther · Russia · Dec 2013€31M
- 6MerusSeries B · Netherlands · Oct 2013€31M
- 7GameAccount NetworkGrowth/Late · UK · Nov 2013€31M
- 8BiocartisSeries D+ · Switzerland · Nov 2013€30M
- 9ADC TherapeuticsGrowth/Late · Switzerland · Oct 2013€30M
- 10Arria NLGGrowth/Late · UK · Nov 2013€30M
Concentration
top 10 deals34.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€511M
Period total
€1.5B
Countries
Top countries
equity raisedQ4 2013 — top countries — interactive chart.
Data table
| Q4 2013 — top countries | |
|---|---|
| UK | €318M |
| Israel | €212M |
| Sweden | €195M |
| France | €178M |
| Germany | €154M |
| Netherlands | €93M |
| Russia | €84M |
| Switzerland | €83M |
| Finland | €33M |
| Austria | €20M |
Capital by country
share of equityQ4 2013 — capital by country — interactive chart.
Data table
| Q4 2013 — capital by country | |
|---|---|
| UK | €318M |
| Israel | €212M |
| Sweden | €195M |
| France | €178M |
| Germany | €154M |
| Netherlands | €93M |
| Russia | €84M |
| Switzerland | €83M |
| Finland | €33M |
| Austria | €20M |
| Other | €84M |
Geographic distribution
European countries shown · click a countryQ4 2013 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ4 2013 — top sectors — interactive chart.
Data table
| Q4 2013 — top sectors | |
|---|---|
| Media | €324M |
| Software | €217M |
| Healthtech | €187M |
| Marketing | €153M |
| Telecom | €114M |
| Gaming | €103M |
| Fintech | €94M |
| Transportation | €80M |
| Fashion | €53M |
| Travel | €48M |
Capital by sector
share of equityQ4 2013 — capital by sector — interactive chart.
Data table
| Q4 2013 — capital by sector | |
|---|---|
| Media | €324M |
| Software | €217M |
| Healthtech | €187M |
| Marketing | €153M |
| Telecom | €114M |
| Gaming | €103M |
| Fintech | €94M |
| Transportation | €80M |
| Other | €330M |
Stages
Funding by stage
total euro raised by round typeQ4 2013 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €115M |
| Series A | €156M |
| Series B | €211M |
| Series C | €137M |
| Series D+ | €213M |
| Early VC | €91M |
| Growth/Late | €229M |
| Debt | €11M |
| Grant | €4.3M |
| Crowdfunding | €0 |
| Other | €301M |
Exits
Exit activity
38
exits recorded
€24B
combined disclosed value
Exits breakdown
by typeQ4 2013 — exits by type — interactive chart.
Data table
| Q4 2013 — exits by type | |
|---|---|
| Acquisition | 33 |
| Buyout | 3 |
| IPO | 2 |