European startup funding Oct 2017
Monthly report · 2017-10-01 – 2017-10-31 · vs Sep 2017
Monthly
Summary
auto-generatedIn Oct 2017, 314 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.3B, down 5.0% versus Sep 2017.
Deal count moved -5.7% versus Sep 2017, with 468 named investors participating.
UK led by equity raised with €893M (38.5% of equity).
Software was the most-funded sector at €577M in equity (24.9%).
The ten largest rounds accounted for 43.2% of disclosed capital, led by Truphone's €289M.
141 exits were recorded this month worth a combined €43B.
Equity funding
€2.3B
▼ -5.0%excl. debt & grants
Funding rounds
314
▼ -5.7%Companies funded
313
▼ -4.3%Named investors
468
▼ -20.0%Exits
141
▲ +166.0%Provenance: 87% of 314 rounds disclosed an amount · 60% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -2.79%
Methodology →Investments
Funding within Oct 2017
by dayFunding within Oct 2017 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €2.7M | 1 |
| 02 | €394M | 12 |
| 03 | €184M | 19 |
| 04 | €163M | 16 |
| 05 | €60M | 18 |
| 06 | €26M | 7 |
| 07 | €93M | 2 |
| 08 | €2.2M | 1 |
| 09 | €54M | 18 |
| 10 | €57M | 10 |
| 11 | €19M | 8 |
| 12 | €216M | 13 |
| 13 | €92M | 8 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €59M | 11 |
| 17 | €13M | 11 |
| 18 | €91M | 16 |
| 19 | €57M | 11 |
| 20 | €87M | 10 |
| 21 | €25M | 4 |
| 22 | €3.3M | 2 |
| 23 | €90M | 18 |
| 24 | €163M | 25 |
| 25 | €68M | 18 |
| 26 | €136M | 14 |
| 27 | €36M | 12 |
| 28 | €24M | 4 |
| 29 | €4.1M | 3 |
| 30 | €54M | 11 |
| 31 | €48M | 11 |
Biggest deals
top 10 by amount- 1TruphoneOther · UK · Oct 2017€289M
- 2OakNorthOther · UK · Oct 2017€172M
- 3Skybox SecurityOther · Israel · Oct 2017€127M
- 4Secret EscapesSeries D+ · UK · Oct 2017€93M
- 5INFINIDATSeries C · Israel · Oct 2017€81M
- 6Tinubu SquareOther · France · Oct 2017€53M
- 7MessageBirdSeries A · Netherlands · Oct 2017€51M
- 8Native InstrumentsOther · Germany · Oct 2017€50M
- 9Salary FinanceOther · UK · Oct 2017€45M
- 10NestedOther · UK · Oct 2017€40M
Concentration
top 10 deals43.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.0B
Period total
€2.3B
Countries
Top countries
equity raisedOct 2017 — top countries — interactive chart.
Data table
| Oct 2017 — top countries | |
|---|---|
| UK | €893M |
| France | €312M |
| Israel | €303M |
| Germany | €264M |
| Spain | €139M |
| Sweden | €87M |
| Netherlands | €84M |
| Denmark | €63M |
| Finland | €47M |
| Russia | €37M |
Capital by country
share of equityOct 2017 — capital by country — interactive chart.
Data table
| Oct 2017 — capital by country | |
|---|---|
| UK | €893M |
| France | €312M |
| Israel | €303M |
| Germany | €264M |
| Spain | €139M |
| Sweden | €87M |
| Netherlands | €84M |
| Denmark | €63M |
| Finland | €47M |
| Russia | €37M |
| Other | €91M |
Geographic distribution
European countries shown · click a countryOct 2017 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedOct 2017 — top sectors — interactive chart.
Data table
| Oct 2017 — top sectors | |
|---|---|
| Software | €577M |
| Fintech | €533M |
| Hardware | €382M |
| Telecom | €305M |
| Cybersecurity | €198M |
| Transportation | €153M |
| E-commerce | €146M |
| Travel | €133M |
| Media | €124M |
| Healthtech | €123M |
Capital by sector
share of equityOct 2017 — capital by sector — interactive chart.
Data table
| Oct 2017 — capital by sector | |
|---|---|
| Software | €577M |
| Fintech | €533M |
| Hardware | €382M |
| Telecom | €305M |
| Cybersecurity | €198M |
| Transportation | €153M |
| E-commerce | €146M |
| Travel | €133M |
| Other | €792M |
Stages
Funding by stage
total euro raised by round typeOct 2017 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €41M |
| Series A | €182M |
| Series B | €262M |
| Series C | €121M |
| Series D+ | €137M |
| Early VC | €2.7M |
| Other | €1.6B |
Exits
Exit activity
141
exits recorded
€43B
combined disclosed value
Exits breakdown
by typeOct 2017 — exits by type — interactive chart.
Data table
| Oct 2017 — exits by type | |
|---|---|
| Acquisition | 126 |
| IPO | 11 |
| ICO | 2 |
| Merger | 1 |
| Pre-ico | 1 |