European startup funding May 2017
Monthly report · 2017-05-01 – 2017-05-31 · vs Apr 2017
Monthly
Summary
auto-generatedIn May 2017, 300 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €3.4B, down 3.6% versus Apr 2017. Debt rounds added a further €298M.
Deal count moved -47.6% versus Apr 2017, with 439 named investors participating.
Germany led by equity raised with €1.0B (29.5% of equity).
Software was the most-funded sector at €714M in equity (21.1%).
The ten largest rounds accounted for 60.0% of disclosed capital, led by Improbable's €459M.
54 exits were recorded this month worth a combined €1.3B.
Equity funding
€3.4B
▼ -3.6%excl. debt & grants · +€298M debt
Funding rounds
300
▼ -47.6%Companies funded
292
▼ -47.9%Named investors
439
▼ -43.6%Exits
54
▲ +14.9%Provenance: 85% of 300 rounds disclosed an amount · 65% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +4.58%
Methodology →Investments
Funding within May 2017
by dayFunding within May 2017 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €3.8M | 12 |
| 02 | €251M | 21 |
| 03 | €317M | 5 |
| 04 | €99M | 13 |
| 05 | €135M | 3 |
| 06 | €2.3M | 1 |
| 07 | €25M | 1 |
| 08 | €109M | 6 |
| 09 | €518M | 56 |
| 10 | €0 | 0 |
| 11 | €476M | 6 |
| 12 | €203M | 20 |
| 13 | €23M | 1 |
| 14 | €15M | 1 |
| 15 | €16M | 1 |
| 16 | €517M | 27 |
| 17 | €39M | 5 |
| 18 | €18M | 1 |
| 19 | €0 | 1 |
| 20 | €0 | 1 |
| 21 | €1.6M | 1 |
| 22 | €36M | 9 |
| 23 | €25M | 4 |
| 24 | €548M | 34 |
| 25 | €53M | 36 |
| 26 | €39M | 6 |
| 27 | €350k | 1 |
| 28 | €2.0M | 1 |
| 29 | €0 | 0 |
| 30 | €187M | 23 |
| 31 | €20M | 3 |
Biggest deals
top 10 by amount- 1ImprobableSeries B · UK · May 2017€459M
- 2Delivery HeroOther · Germany · May 2017€387M
- 3Auto1 GroupOther · Germany · May 2017€360M
- 44financeDebt · Latvia · May 2017€298M
- 5ShowroompriveOther · France · May 2017€157M
- 6GigaclearOther · UK · May 2017€131M
- 7KreditechOther · Germany · May 2017€110M
- 8Snow SoftwareOther · Sweden · May 2017€110M
- 9GrammarlyEarly VC · Ukraine · May 2017€101M
- 10ClaranetOther · UK · May 2017€95M
Concentration
top 10 deals60.0%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.2B
Period total
€3.7B
Countries
Top countries
equity raisedMay 2017 — top countries — interactive chart.
Data table
| May 2017 — top countries | |
|---|---|
| Germany | €1.0B |
| UK | €1.0B |
| France | €419M |
| Sweden | €260M |
| Spain | €164M |
| Israel | €163M |
| Ukraine | €101M |
| Russia | €60M |
| Finland | €56M |
| Switzerland | €39M |
Capital by country
share of equityMay 2017 — capital by country — interactive chart.
Data table
| May 2017 — capital by country | |
|---|---|
| Germany | €1.0B |
| UK | €1.0B |
| France | €419M |
| Sweden | €260M |
| Spain | €164M |
| Israel | €163M |
| Ukraine | €101M |
| Russia | €60M |
| Finland | €56M |
| Switzerland | €39M |
| Other | €145M |
Geographic distribution
European countries shown · click a countryMay 2017 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedMay 2017 — top sectors — interactive chart.
Data table
| May 2017 — top sectors | |
|---|---|
| Software | €714M |
| Transportation | €601M |
| E-commerce | €505M |
| Gaming | €470M |
| Foodtech | €426M |
| Fintech | €369M |
| Healthtech | €358M |
| Fashion | €233M |
| Telecom | €207M |
| Cleantech | €148M |
Capital by sector
share of equityMay 2017 — capital by sector — interactive chart.
Data table
| May 2017 — capital by sector | |
|---|---|
| Software | €714M |
| Transportation | €601M |
| E-commerce | €505M |
| Gaming | €470M |
| Foodtech | €426M |
| Fintech | €369M |
| Healthtech | €358M |
| Fashion | €233M |
| Other | €1.1B |
Stages
Funding by stage
total euro raised by round typeMay 2017 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €9.0M |
| Series A | €105M |
| Series B | €645M |
| Series C | €21M |
| Series D+ | €15M |
| Early VC | €101M |
| Debt | €298M |
| Grant | €1.1M |
| Other | €2.5B |
Exits
Exit activity
54
exits recorded
€1.3B
combined disclosed value
Exits breakdown
by typeMay 2017 — exits by type — interactive chart.
Data table
| May 2017 — exits by type | |
|---|---|
| Acquisition | 45 |
| ICO | 5 |
| Merger | 3 |
| IPO | 1 |