European startup funding Feb 2018
Monthly report · 2018-02-01 – 2018-02-28 · vs Jan 2018
Monthly
Summary
auto-generatedIn Feb 2018, 804 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €5.6B, up 0.5% versus Jan 2018.
Deal count moved +3.1% versus Jan 2018, with 1,098 named investors participating.
UK led by equity raised with €1.5B (27.0% of equity).
Software was the most-funded sector at €1.4B in equity (25.9%).
The ten largest rounds accounted for 22.7% of disclosed capital, led by OutSystems's €289M.
64 exits were recorded this month worth a combined €17B.
Equity funding
€5.6B
▲ +0.5%excl. debt & grants
Funding rounds
804
▲ +3.1%Companies funded
800
▲ +3.0%Named investors
1,098
▲ +2.2%Exits
64
▲ +2033.3%Provenance: 85% of 804 rounds disclosed an amount · 63% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -5.07%
Methodology →Investments
Funding within Feb 2018
by dayFunding within Feb 2018 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €5.6B | 804 |
| 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 | €0 | 0 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
Biggest deals
top 10 by amount- 1OutSystemsOther · Portugal · Feb 2018€289M
- 2RevolutOther · UK · Feb 2018€201M
- 3VoodooOther · France · Feb 2018€161M
- 4TaxifyOther · Estonia · Feb 2018€140M
- 5BenevolentAIOther · UK · Feb 2018€92M
- 6Starling BankOther · UK · Feb 2018€91M
- 7CMR SurgicalOther · UK · Feb 2018€80M
- 8HMDOther · Finland · Feb 2018€80M
- 9GettOther · Israel · Feb 2018€64M
- 10Culture TripOther · UK · Feb 2018€64M
Concentration
top 10 deals22.7%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.3B
Period total
€5.6B
Countries
Top countries
equity raisedFeb 2018 — top countries — interactive chart.
Data table
| Feb 2018 — top countries | |
|---|---|
| UK | €1.5B |
| France | €1.1B |
| Germany | €686M |
| Israel | €531M |
| Sweden | €311M |
| Portugal | €297M |
| Estonia | €189M |
| Finland | €146M |
| Switzerland | €124M |
| Spain | €124M |
Capital by country
share of equityFeb 2018 — capital by country — interactive chart.
Data table
| Feb 2018 — capital by country | |
|---|---|
| UK | €1.5B |
| France | €1.1B |
| Germany | €686M |
| Israel | €531M |
| Sweden | €311M |
| Portugal | €297M |
| Estonia | €189M |
| Finland | €146M |
| Switzerland | €124M |
| Spain | €124M |
| Other | €524M |
Geographic distribution
European countries shown · click a countryFeb 2018 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2018 — top sectors — interactive chart.
Data table
| Feb 2018 — top sectors | |
|---|---|
| Software | €1.4B |
| Fintech | €930M |
| Healthtech | €786M |
| Transportation | €496M |
| Travel | €424M |
| Media | €409M |
| Marketing | €371M |
| Cybersecurity | €286M |
| Gaming | €214M |
| Edtech | €201M |
Capital by sector
share of equityFeb 2018 — capital by sector — interactive chart.
Data table
| Feb 2018 — capital by sector | |
|---|---|
| Software | €1.4B |
| Fintech | €930M |
| Healthtech | €786M |
| Transportation | €496M |
| Travel | €424M |
| Media | €409M |
| Marketing | €371M |
| Cybersecurity | €286M |
| Other | €2.0B |
Stages
Funding by stage
total euro raised by round typeFeb 2018 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €71M |
| Series A | €339M |
| Series B | €622M |
| Series C | €120M |
| Series D+ | €192M |
| Other | €4.2B |
Exits
Exit activity
64
exits recorded
€17B
combined disclosed value
Exits breakdown
by typeFeb 2018 — exits by type — interactive chart.
Data table
| Feb 2018 — exits by type | |
|---|---|
| Acquisition | 60 |
| IPO | 2 |
| ICO | 1 |
| Merger | 1 |