European startup funding Mar 2017
Monthly report · 2017-03-01 – 2017-03-31 · vs Feb 2017
Monthly
Summary
auto-generatedIn Mar 2017, 252 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.8B, up 53.0% versus Feb 2017. Debt rounds added a further €64M.
Deal count moved -9.0% versus Feb 2017, with 504 named investors participating.
UK led by equity raised with €541M (30.8% of equity).
Fintech was the most-funded sector at €436M in equity (24.8%).
The ten largest rounds accounted for 42.9% of disclosed capital, led by SoundCloud's €160M.
47 exits were recorded this month worth a combined €80M.
Equity funding
€1.8B
▲ +53.0%excl. debt & grants · +€64M debt
Funding rounds
252
▼ -9.0%Companies funded
249
▼ -8.8%Named investors
504
▲ +3.9%Exits
47
▼ -20.3%Provenance: 84% of 252 rounds disclosed an amount · 65% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +7.06%
Methodology →Investments
Funding within Mar 2017
by dayFunding within Mar 2017 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.6B | 225 |
| 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 | €26M | 2 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €1.6M | 1 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €1.0M | 2 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €6.4M | 5 |
| 28 | €174k | 1 |
| 29 | €65M | 4 |
| 30 | €64M | 8 |
| 31 | €19M | 4 |
Biggest deals
top 10 by amount- 1SoundCloudSeries D+ · Germany · Mar 2017€160M
- 2LampenweltGrowth/Late · Germany · Mar 2017€120M
- 3Options TechnologyOther · UK · Mar 2017€94M
- 4Atom BankGrowth/Late · UK · Mar 2017€93M
- 5SoundCloudDebt · Germany · Mar 2017€64M
- 6oodriveGrowth/Late · France · Mar 2017€59M
- 7ArralisGrowth/Late · Ireland · Mar 2017€50M
- 8ResearchGateGrowth/Late · Germany · Mar 2017€48M
- 9ChurchesfireOther · UK · Mar 2017€47M
- 10KlarnaGrowth/Late · Sweden · Mar 2017€46M
Concentration
top 10 deals42.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€781M
Period total
€1.8B
Countries
Top countries
equity raisedMar 2017 — top countries — interactive chart.
Data table
| Mar 2017 — top countries | |
|---|---|
| UK | €541M |
| Germany | €505M |
| France | €158M |
| Israel | €126M |
| Sweden | €90M |
| Spain | €81M |
| Switzerland | €79M |
| Ireland | €73M |
| Luxembourg | €32M |
| Belgium | €17M |
Capital by country
share of equityMar 2017 — capital by country — interactive chart.
Data table
| Mar 2017 — capital by country | |
|---|---|
| UK | €541M |
| Germany | €505M |
| France | €158M |
| Israel | €126M |
| Sweden | €90M |
| Spain | €81M |
| Switzerland | €79M |
| Ireland | €73M |
| Luxembourg | €32M |
| Belgium | €17M |
| Other | €52M |
Geographic distribution
European countries shown · click a countryMar 2017 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedMar 2017 — top sectors — interactive chart.
Data table
| Mar 2017 — top sectors | |
|---|---|
| Fintech | €436M |
| Software | €312M |
| Media | €193M |
| Healthtech | €192M |
| Cybersecurity | €160M |
| Consumer | €156M |
| Transportation | €122M |
| Marketing | €89M |
| Hardware | €76M |
| Semiconductors | €52M |
Capital by sector
share of equityMar 2017 — capital by sector — interactive chart.
Data table
| Mar 2017 — capital by sector | |
|---|---|
| Fintech | €436M |
| Software | €312M |
| Media | €193M |
| Healthtech | €192M |
| Cybersecurity | €160M |
| Consumer | €156M |
| Transportation | €122M |
| Marketing | €89M |
| Other | €457M |
Stages
Funding by stage
total euro raised by round typeMar 2017 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €35M |
| Series A | €195M |
| Series B | €224M |
| Series C | €8.5M |
| Series D+ | €243M |
| Early VC | €298M |
| Growth/Late | €500M |
| Debt | €64M |
| Crowdfunding | €32M |
| Other | €219M |
Exits
Exit activity
47
exits recorded
€80M
combined disclosed value
Exits breakdown
by typeMar 2017 — exits by type — interactive chart.
Data table
| Mar 2017 — exits by type | |
|---|---|
| Acquisition | 44 |
| IPO | 2 |
| Leveraged buyout | 1 |