European startup funding Feb 2014
Monthly report · 2014-02-01 – 2014-02-28 · vs Jan 2014
Monthly
Summary
auto-generatedIn Feb 2014, 164 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €492M, down 23.1% versus Jan 2014. Debt rounds added a further €9.4M.
Deal count moved -31.1% versus Jan 2014, with 146 named investors participating.
UK led by equity raised with €163M (33.1% of equity).
Software was the most-funded sector at €139M in equity (28.3%).
The ten largest rounds accounted for 49.5% of disclosed capital, led by NovImmune's €49M.
11 exits were recorded this month worth a combined €40M.
Equity funding
€492M
▼ -23.1%excl. debt & grants · +€9.4M debt
Funding rounds
164
▼ -31.1%Companies funded
163
▼ -30.9%Named investors
146
▼ -22.8%Exits
11
▼ -38.9%Provenance: 79% of 164 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -16.45%
Methodology →Investments
Funding within Feb 2014
by dayFunding within Feb 2014 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €483M | 163 |
| 02 | €0 | 0 |
| 03 | €0 | 0 |
| 04 | €0 | 0 |
| 05 | €0 | 0 |
| 06 | €0 | 0 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €0 | 0 |
| 10 | €0 | 0 |
| 11 | €0 | 0 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €0 | 0 |
| 18 | €19M | 1 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
Biggest deals
top 10 by amount- 1NovImmuneSeries D+ · Switzerland · Feb 2014€49M
- 2KalturaSeries D+ · Israel · Feb 2014€35M
- 3OrderDynamicsSeries C · UK · Feb 2014€30M
- 4eCommeraSeries C · UK · Feb 2014€30M
- 5SocialbakersSeries C · Czech Republic · Feb 2014€19M
- 6BuyapowaOther · UK · Feb 2014€19M
- 7BitFuryOther · Netherlands · Feb 2014€18M
- 8InDex PharmaceuticalsOther · Sweden · Feb 2014€18M
- 9Powa TechnologiesSeries B · UK · Feb 2014€15M
- 10PowaTAGSeries B · UK · Feb 2014€15M
Concentration
top 10 deals49.5%
of disclosed capital came from the ten largest rounds.
Top 10 total
€249M
Period total
€502M
Countries
Top countries
equity raisedFeb 2014 — top countries — interactive chart.
Data table
| Feb 2014 — top countries | |
|---|---|
| UK | €163M |
| Israel | €88M |
| Germany | €51M |
| Switzerland | €50M |
| Sweden | €42M |
| Netherlands | €22M |
| Russia | €20M |
| Czech Republic | €19M |
| France | €9.3M |
| Spain | €6.5M |
Capital by country
share of equityFeb 2014 — capital by country — interactive chart.
Data table
| Feb 2014 — capital by country | |
|---|---|
| UK | €163M |
| Israel | €88M |
| Germany | €51M |
| Switzerland | €50M |
| Sweden | €42M |
| Netherlands | €22M |
| Russia | €20M |
| Czech Republic | €19M |
| France | €9.3M |
| Spain | €6.5M |
| Other | €21M |
Geographic distribution
European countries shown · click a countryFeb 2014 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2014 — top sectors — interactive chart.
Data table
| Feb 2014 — top sectors | |
|---|---|
| Software | €139M |
| Marketing | €124M |
| Healthtech | €70M |
| Fintech | €62M |
| Media | €52M |
| E-commerce | €38M |
| Fashion | €21M |
| Proptech | €18M |
| Transportation | €18M |
| Telecom | €17M |
Capital by sector
share of equityFeb 2014 — capital by sector — interactive chart.
Data table
| Feb 2014 — capital by sector | |
|---|---|
| Software | €139M |
| Marketing | €124M |
| Healthtech | €70M |
| Fintech | €62M |
| Media | €52M |
| E-commerce | €38M |
| Fashion | €21M |
| Proptech | €18M |
| Other | €119M |
Stages
Funding by stage
total euro raised by round typeFeb 2014 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €25M |
| Series A | €53M |
| Series B | €91M |
| Series C | €112M |
| Series D+ | €84M |
| Early VC | €33M |
| Growth/Late | €24M |
| Debt | €9.4M |
| Grant | €248k |
| Crowdfunding | €0 |
| Other | €70M |
Exits
Exit activity
11
exits recorded
€40M
combined disclosed value
Exits breakdown
by typeFeb 2014 — exits by type — interactive chart.
Data table
| Feb 2014 — exits by type | |
|---|---|
| Acquisition | 11 |