European startup funding Oct 2016
Monthly report · 2016-10-01 – 2016-10-31 · vs Sep 2016
Monthly
Summary
auto-generatedIn Oct 2016, 344 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.6B, up 36.6% versus Sep 2016. Debt rounds added a further €67M.
Deal count moved +4.2% versus Sep 2016, with 374 named investors participating.
France led by equity raised with €431M (26.5% of equity).
Fintech was the most-funded sector at €301M in equity (18.5%).
The ten largest rounds accounted for 42.5% of disclosed capital, led by Payoneer's €164M.
47 exits were recorded this month worth a combined €1.4B.
Equity funding
€1.6B
▲ +36.6%excl. debt & grants · +€67M debt
Funding rounds
344
▲ +4.2%Companies funded
338
▲ +3.7%Named investors
374
▼ -7.7%Exits
47
▼ -31.9%Provenance: 80% of 344 rounds disclosed an amount · 43% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -1.90%
Methodology →Investments
Funding within Oct 2016
by dayFunding within Oct 2016 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.7B | 342 |
| 02 | €0 | 0 |
| 03 | €0 | 0 |
| 04 | €0 | 0 |
| 05 | €1.2M | 1 |
| 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 | €1.1M | 1 |
| 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 |
| 30 | €0 | 0 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1PayoneerSeries D+ · Israel · Oct 2016€164M
- 2SIGFOXSeries D+ · France · Oct 2016€150M
- 3Carrick TherapeuticsSeries A · Ireland · Oct 2016€86M
- 4SonnenbatterieSeries D+ · Germany · Oct 2016€77M
- 5GoEuroSeries C · Germany · Oct 2016€63M
- 6Saldum VenturesSeries A · Spain · Oct 2016€50M
- 7Genomics Medicine IrelandSeries A · Ireland · Oct 2016€36M
- 8GenfitGrowth/Late · France · Oct 2016€34M
- 9BONESUPPORTGrowth/Late · Sweden · Oct 2016€33M
- 10NavyaGrowth/Late · France · Oct 2016€30M
Concentration
top 10 deals42.5%
of disclosed capital came from the ten largest rounds.
Top 10 total
€724M
Period total
€1.7B
Countries
Top countries
equity raisedOct 2016 — top countries — interactive chart.
Data table
| Oct 2016 — top countries | |
|---|---|
| France | €431M |
| UK | €284M |
| Israel | €208M |
| Germany | €188M |
| Ireland | €181M |
| Sweden | €83M |
| Spain | €70M |
| Russia | €45M |
| Norway | €20M |
| Austria | €20M |
Capital by country
share of equityOct 2016 — capital by country — interactive chart.
Data table
| Oct 2016 — capital by country | |
|---|---|
| France | €431M |
| UK | €284M |
| Israel | €208M |
| Germany | €188M |
| Ireland | €181M |
| Sweden | €83M |
| Spain | €70M |
| Russia | €45M |
| Norway | €20M |
| Austria | €20M |
| Other | €94M |
Geographic distribution
European countries shown · click a countryOct 2016 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedOct 2016 — top sectors — interactive chart.
Data table
| Oct 2016 — top sectors | |
|---|---|
| Fintech | €301M |
| Healthtech | €249M |
| Hardware | €226M |
| Software | €212M |
| Transportation | €197M |
| Telecom | €196M |
| Marketing | €124M |
| Travel | €119M |
| Media | €111M |
| Cleantech | €99M |
Capital by sector
share of equityOct 2016 — capital by sector — interactive chart.
Data table
| Oct 2016 — capital by sector | |
|---|---|
| Fintech | €301M |
| Healthtech | €249M |
| Hardware | €226M |
| Software | €212M |
| Transportation | €197M |
| Telecom | €196M |
| Marketing | €124M |
| Travel | €119M |
| Other | €708M |
Stages
Funding by stage
total euro raised by round typeOct 2016 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €100M |
| Series A | €410M |
| Series B | €128M |
| Series C | €138M |
| Series D+ | €408M |
| Early VC | €189M |
| Growth/Late | €212M |
| Debt | €67M |
| Grant | €10M |
| Other | €41M |
Exits
Exit activity
47
exits recorded
€1.4B
combined disclosed value
Exits breakdown
by typeOct 2016 — exits by type — interactive chart.
Data table
| Oct 2016 — exits by type | |
|---|---|
| Acquisition | 41 |
| Buyout | 2 |
| IPO | 2 |
| Merger | 1 |
| Post ipo equity | 1 |