European startup funding Feb 2016
Monthly report · 2016-02-01 – 2016-02-29 · vs Jan 2016
Monthly
Summary
auto-generatedIn Feb 2016, 300 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €891M, down 36.9% versus Jan 2016. Debt rounds added a further €49M.
Deal count moved -6.5% versus Jan 2016, with 257 named investors participating.
UK led by equity raised with €242M (27.1% of equity).
Software was the most-funded sector at €216M in equity (24.2%).
The ten largest rounds accounted for 38.9% of disclosed capital, led by MindMaze's €92M.
45 exits were recorded this month worth a combined €5.1B.
Equity funding
€891M
▼ -36.9%excl. debt & grants · +€49M debt
Funding rounds
300
▼ -6.5%Companies funded
300
▼ -4.8%Named investors
257
▲ +6.2%Exits
45
▼ -13.5%Provenance: 79% of 300 rounds disclosed an amount · 23% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +1.43%
Methodology →Investments
Funding within Feb 2016
by dayFunding within Feb 2016 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €940M | 298 |
| 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 | €35k | 2 |
| 17 | €0 | 0 |
| 18 | €0 | 0 |
| 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 |
| 29 | €0 | 0 |
Biggest deals
top 10 by amount- 1MindMazeGrowth/Late · Switzerland · Feb 2016€92M
- 2Student.comSeries C · UK · Feb 2016€55M
- 3ZepzDebt · UK · Feb 2016€41M
- 4QuBitSeries C · UK · Feb 2016€37M
- 5SpotcapSeries B · Spain · Feb 2016€29M
- 6LamudiGrowth/Late · Germany · Feb 2016€29M
- 7RiskifiedSeries B · Israel · Feb 2016€23M
- 8HYT WatchesSeries C · Switzerland · Feb 2016€21M
- 9VeniamSeries B · Portugal · Feb 2016€20M
- 10SofteamGrowth/Late · France · Feb 2016€20M
Concentration
top 10 deals38.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€366M
Period total
€940M
Countries
Top countries
equity raisedFeb 2016 — top countries — interactive chart.
Data table
| Feb 2016 — top countries | |
|---|---|
| UK | €242M |
| Switzerland | €115M |
| France | €102M |
| Israel | €97M |
| Germany | €87M |
| Sweden | €48M |
| Spain | €45M |
| Netherlands | €38M |
| Portugal | €20M |
| Türkiye | €20M |
Capital by country
share of equityFeb 2016 — capital by country — interactive chart.
Data table
| Feb 2016 — capital by country | |
|---|---|
| UK | €242M |
| Switzerland | €115M |
| France | €102M |
| Israel | €97M |
| Germany | €87M |
| Sweden | €48M |
| Spain | €45M |
| Netherlands | €38M |
| Portugal | €20M |
| Türkiye | €20M |
| Other | €77M |
Geographic distribution
European countries shown · click a countryFeb 2016 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2016 — top sectors — interactive chart.
Data table
| Feb 2016 — top sectors | |
|---|---|
| Software | €216M |
| Fintech | €151M |
| Marketing | €142M |
| Healthtech | €138M |
| Proptech | €91M |
| Cybersecurity | €86M |
| Transportation | €70M |
| E-commerce | €69M |
| Hardware | €55M |
| Fashion | €32M |
Capital by sector
share of equityFeb 2016 — capital by sector — interactive chart.
Data table
| Feb 2016 — capital by sector | |
|---|---|
| Software | €216M |
| Fintech | €151M |
| Marketing | €142M |
| Healthtech | €138M |
| Proptech | €91M |
| Cybersecurity | €86M |
| Transportation | €70M |
| E-commerce | €69M |
| Other | €303M |
Stages
Funding by stage
total euro raised by round typeFeb 2016 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €117M |
| Series A | €104M |
| Series B | €189M |
| Series C | €152M |
| Series D+ | €9.2M |
| Early VC | €105M |
| Growth/Late | €214M |
| Debt | €49M |
| Grant | €9k |
| Other | €1.0M |
Exits
Exit activity
45
exits recorded
€5.1B
combined disclosed value
Exits breakdown
by typeFeb 2016 — exits by type — interactive chart.
Data table
| Feb 2016 — exits by type | |
|---|---|
| Acquisition | 35 |
| IPO | 8 |
| Buyout | 1 |
| Merger | 1 |