European startup funding Q2 2014
Quarterly report · 2014-04-01 – 2014-06-30 · vs Q1 2014
Quarterly
Summary
auto-generatedIn Q2 2014, 584 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.2B, up 13.1% versus Q1 2014. Debt rounds added a further €45M.
Deal count moved -4.7% versus Q1 2014, with 355 named investors participating.
UK led by equity raised with €652M (29.9% of equity).
E-commerce was the most-funded sector at €393M in equity (18.0%).
The ten largest rounds accounted for 35.4% of disclosed capital, led by Seven Energy's €230M.
55 exits were recorded this quarter worth a combined €5.3B.
Equity funding
€2.2B
▲ +13.1%excl. debt & grants · +€45M debt
Funding rounds
584
▼ -4.7%Companies funded
573
▼ -3.7%Named investors
355
▼ -17.2%Exits
55
▲ +37.5%Leading country
€652M
29.9% of equity
Leading sector
€393M
18.0% of equity
Provenance: 87% of 584 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -18.64%
Methodology →Investments
Funding within Q2 2014
by monthFunding within Q2 2014 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Apr | €1.1B | 191 |
| May | €477M | 175 |
| Jun | €674M | 218 |
Biggest deals
top 10 by amount- 1Seven EnergyOther · UK · Apr 2014€230M
- 2OzonGrowth/Late · Russia · Apr 2014€109M
- 3Takeaway.comSeries B · Netherlands · Apr 2014€75M
- 4SarenzaGrowth/Late · France · Jun 2014€74M
- 5Westwing Home & LivingGrowth/Late · Germany · Apr 2014€72M
- 6Delivery HeroSeries D+ · Germany · Apr 2014€62M
- 7FarfetchSeries D+ · UK · May 2014€48M
- 8VerafinOther · Türkiye · May 2014€43M
- 9iZettleSeries C · Sweden · May 2014€40M
- 10HelloFreshSeries D+ · Germany · Jun 2014€37M
Concentration
top 10 deals35.4%
of disclosed capital came from the ten largest rounds.
Top 10 total
€788M
Period total
€2.2B
Countries
Top countries
equity raisedQ2 2014 — top countries — interactive chart.
Data table
| Q2 2014 — top countries | |
|---|---|
| UK | €652M |
| Germany | €349M |
| France | €215M |
| Netherlands | €154M |
| Israel | €152M |
| Sweden | €145M |
| Russia | €139M |
| Switzerland | €83M |
| Spain | €77M |
| Türkiye | €44M |
Capital by country
share of equityQ2 2014 — capital by country — interactive chart.
Data table
| Q2 2014 — capital by country | |
|---|---|
| UK | €652M |
| Germany | €349M |
| France | €215M |
| Netherlands | €154M |
| Israel | €152M |
| Sweden | €145M |
| Russia | €139M |
| Switzerland | €83M |
| Spain | €77M |
| Türkiye | €44M |
| Other | €171M |
Geographic distribution
European countries shown · click a countryQ2 2014 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ2 2014 — top sectors — interactive chart.
Data table
| Q2 2014 — top sectors | |
|---|---|
| E-commerce | €393M |
| Software | €367M |
| Fintech | €268M |
| Consumer | €244M |
| Energy | €237M |
| Healthtech | €229M |
| Cybersecurity | €205M |
| Media | €203M |
| Foodtech | €196M |
| Marketing | €188M |
Capital by sector
share of equityQ2 2014 — capital by sector — interactive chart.
Data table
| Q2 2014 — capital by sector | |
|---|---|
| E-commerce | €393M |
| Software | €367M |
| Fintech | €268M |
| Consumer | €244M |
| Energy | €237M |
| Healthtech | €229M |
| Cybersecurity | €205M |
| Media | €203M |
| Other | €1.0B |
Stages
Funding by stage
total euro raised by round typeQ2 2014 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €114M |
| Series A | €241M |
| Series B | €395M |
| Series C | €207M |
| Series D+ | €219M |
| Early VC | €76M |
| Growth/Late | €423M |
| Debt | €45M |
| Grant | €1.7M |
| Crowdfunding | €890k |
| Other | €505M |
Exits
Exit activity
55
exits recorded
€5.3B
combined disclosed value
Exits breakdown
by typeQ2 2014 — exits by type — interactive chart.
Data table
| Q2 2014 — exits by type | |
|---|---|
| Acquisition | 54 |
| Leveraged buyout | 1 |