European startup funding Nov 2016
Monthly report · 2016-11-01 – 2016-11-30 · vs Oct 2016
Monthly
Summary
auto-generatedIn Nov 2016, 335 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.1B, down 34.1% versus Oct 2016. Debt rounds added a further €185M.
Deal count moved -2.6% versus Oct 2016, with 364 named investors participating.
France led by equity raised with €255M (23.8% of equity).
Software was the most-funded sector at €389M in equity (36.3%).
The ten largest rounds accounted for 41.5% of disclosed capital, led by Devialet's €100M.
41 exits were recorded this month worth a combined €656M.
Equity funding
€1.1B
▼ -34.1%excl. debt & grants · +€185M debt
Funding rounds
335
▼ -2.6%Companies funded
330
▼ -2.4%Named investors
364
▼ -2.7%Exits
41
▼ -12.8%Provenance: 82% of 335 rounds disclosed an amount · 52% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.13%
Methodology →Investments
Funding within Nov 2016
by dayFunding within Nov 2016 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.2B | 334 |
| 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 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €50M | 1 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
Biggest deals
top 10 by amount- 1DevialetSeries C · France · Nov 2016€100M
- 2Voyager LabsGrowth/Late · Israel · Nov 2016€91M
- 3Gett (GetTaxi)Debt · Israel · Nov 2016€91M
- 44financeDebt · Latvia · Nov 2016€50M
- 5SonarSourceGrowth/Late · Switzerland · Nov 2016€41M
- 6NutmegSeries C · UK · Nov 2016€34M
- 7OxTheraOther · Sweden · Nov 2016€32M
- 8UrbanVoltGrowth/Late · Ireland · Nov 2016€30M
- 9WyndSeries B · France · Nov 2016€30M
- 10DominionDebt · Spain · Nov 2016€25M
Concentration
top 10 deals41.5%
of disclosed capital came from the ten largest rounds.
Top 10 total
€524M
Period total
€1.3B
Countries
Top countries
equity raisedNov 2016 — top countries — interactive chart.
Data table
| Nov 2016 — top countries | |
|---|---|
| France | €255M |
| Israel | €209M |
| UK | €112M |
| Sweden | €78M |
| Germany | €78M |
| Switzerland | €72M |
| Finland | €47M |
| Ireland | €34M |
| Italy | €30M |
| Norway | €25M |
Capital by country
share of equityNov 2016 — capital by country — interactive chart.
Data table
| Nov 2016 — capital by country | |
|---|---|
| France | €255M |
| Israel | €209M |
| UK | €112M |
| Sweden | €78M |
| Germany | €78M |
| Switzerland | €72M |
| Finland | €47M |
| Ireland | €34M |
| Italy | €30M |
| Norway | €25M |
| Other | €131M |
Geographic distribution
European countries shown · click a countryNov 2016 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedNov 2016 — top sectors — interactive chart.
Data table
| Nov 2016 — top sectors | |
|---|---|
| Software | €389M |
| Media | €152M |
| Healthtech | €135M |
| Hardware | €129M |
| Consumer | €128M |
| Fintech | €90M |
| Marketing | €72M |
| Telecom | €41M |
| Cleantech | €40M |
| Gaming | €39M |
Capital by sector
share of equityNov 2016 — capital by sector — interactive chart.
Data table
| Nov 2016 — capital by sector | |
|---|---|
| Software | €389M |
| Media | €152M |
| Healthtech | €135M |
| Hardware | €129M |
| Consumer | €128M |
| Fintech | €90M |
| Marketing | €72M |
| Telecom | €41M |
| Other | €348M |
Stages
Funding by stage
total euro raised by round typeNov 2016 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €90M |
| Series A | €138M |
| Series B | €231M |
| Series C | €171M |
| Early VC | €213M |
| Growth/Late | €195M |
| Debt | €185M |
| Grant | €5.1M |
| Crowdfunding | €0 |
| Other | €33M |
Exits
Exit activity
41
exits recorded
€656M
combined disclosed value
Exits breakdown
by typeNov 2016 — exits by type — interactive chart.
Data table
| Nov 2016 — exits by type | |
|---|---|
| Acquisition | 36 |
| IPO | 2 |
| Post ipo equity | 2 |
| Buyout | 1 |