European startup funding Feb 2017
Monthly report · 2017-02-01 – 2017-02-28 · vs Jan 2017
Monthly
Summary
auto-generatedIn Feb 2017, 277 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.1B, down 35.9% versus Jan 2017. Debt rounds added a further €87M.
Deal count moved -7.4% versus Jan 2017, with 485 named investors participating.
UK led by equity raised with €483M (42.2% of equity).
Fintech was the most-funded sector at €429M in equity (37.4%).
The ten largest rounds accounted for 40.2% of disclosed capital, led by Gryphon Group Holdings's €209M.
59 exits were recorded this month worth a combined €2.3B.
Equity funding
€1.1B
▼ -35.9%excl. debt & grants · +€87M debt
Funding rounds
277
▼ -7.4%Companies funded
273
▼ -7.1%Named investors
485
▼ -6.7%Exits
59
▲ +20.4%Provenance: 85% of 277 rounds disclosed an amount · 55% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +2.24%
Methodology →Investments
Funding within Feb 2017
by dayFunding within Feb 2017 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.2B | 271 |
| 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 | €7.0M | 1 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €0 | 0 |
| 15 | €334k | 1 |
| 16 | €80k | 1 |
| 17 | €4.4M | 2 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €5.5M | 1 |
| 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- 1Gryphon Group HoldingsGrowth/Late · UK · Feb 2017€209M
- 2TimicoGrowth/Late · UK · Feb 2017€56M
- 3ID FinanceDebt · Spain · Feb 2017€46M
- 4Market Logic SoftwareGrowth/Late · Germany · Feb 2017€45M
- 5FrontclearGrowth/Late · Netherlands · Feb 2017€27M
- 6The Ocean CleanupEarly VC · Netherlands · Feb 2017€26M
- 7Upstream SystemsGrowth/Late · UK · Feb 2017€25M
- 8MonzoSeries C · UK · Feb 2017€22M
- 9BloomonSeries B · Netherlands · Feb 2017€21M
- 10Soundtrack Your BrandGrowth/Late · Sweden · Feb 2017€20M
Concentration
top 10 deals40.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€496M
Period total
€1.2B
Countries
Top countries
equity raisedFeb 2017 — top countries — interactive chart.
Data table
| Feb 2017 — top countries | |
|---|---|
| UK | €483M |
| France | €167M |
| Germany | €128M |
| Israel | €90M |
| Netherlands | €76M |
| Sweden | €51M |
| Finland | €28M |
| Spain | €27M |
| Russia | €27M |
| Denmark | €14M |
Capital by country
share of equityFeb 2017 — capital by country — interactive chart.
Data table
| Feb 2017 — capital by country | |
|---|---|
| UK | €483M |
| France | €167M |
| Germany | €128M |
| Israel | €90M |
| Netherlands | €76M |
| Sweden | €51M |
| Finland | €28M |
| Spain | €27M |
| Russia | €27M |
| Denmark | €14M |
| Other | €55M |
Geographic distribution
European countries shown · click a countryFeb 2017 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2017 — top sectors — interactive chart.
Data table
| Feb 2017 — top sectors | |
|---|---|
| Fintech | €429M |
| Software | €239M |
| Marketing | €130M |
| E-commerce | €102M |
| Consumer | €70M |
| Media | €63M |
| Travel | €58M |
| Healthtech | €55M |
| Cleantech | €38M |
| Energy | €37M |
Capital by sector
share of equityFeb 2017 — capital by sector — interactive chart.
Data table
| Feb 2017 — capital by sector | |
|---|---|
| Fintech | €429M |
| Software | €239M |
| Marketing | €130M |
| E-commerce | €102M |
| Consumer | €70M |
| Media | €63M |
| Travel | €58M |
| Healthtech | €55M |
| Other | €359M |
Stages
Funding by stage
total euro raised by round typeFeb 2017 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €61M |
| Series A | €74M |
| Series B | €104M |
| Series C | €22M |
| Series D+ | €26M |
| Early VC | €317M |
| Growth/Late | €513M |
| Debt | €87M |
| Grant | €0.9M |
| Crowdfunding | €0 |
| Other | €30M |
Exits
Exit activity
59
exits recorded
€2.3B
combined disclosed value
Exits breakdown
by typeFeb 2017 — exits by type — interactive chart.
Data table
| Feb 2017 — exits by type | |
|---|---|
| Acquisition | 52 |
| IPO | 7 |