European startup funding Mar 2018
Monthly report · 2018-03-01 – 2018-03-31 · vs Feb 2018
Monthly
Summary
auto-generatedIn Mar 2018, 175 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.3B, down 76.8% versus Feb 2018.
Deal count moved -78.2% versus Feb 2018, with 228 named investors participating.
Israel led by equity raised with €349M (27.1% of equity).
Software was the most-funded sector at €426M in equity (33.1%).
The ten largest rounds accounted for 44.4% of disclosed capital, led by Glovo's €115M.
98 exits were recorded this month worth a combined €6.6B.
Equity funding
€1.3B
▼ -76.8%excl. debt & grants
Funding rounds
175
▼ -78.2%Companies funded
175
▼ -78.1%Named investors
228
▼ -79.2%Exits
98
▲ +53.1%Provenance: 85% of 175 rounds disclosed an amount · 66% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -3.64%
Methodology →Investments
Funding within Mar 2018
by dayFunding within Mar 2018 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.3B | 173 |
| 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 | €7.0M | 1 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
| 31 | €22M | 1 |
Biggest deals
top 10 by amount- 1GlovoOther · Spain · Mar 2018€115M
- 2TraxOther · Israel · Mar 2018€102M
- 3Next InsuranceSeries B · United States · Mar 2018€68M
- 4Secret EscapesOther · UK · Mar 2018€59M
- 5Mantis VisionSeries D+ · Israel · Mar 2018€45M
- 6Monday.comSeries C · Israel · Mar 2018€41M
- 7PPRO GroupOther · UK · Mar 2018€41M
- 8MeeroSeries B · France · Mar 2018€37M
- 9OrbexOther · UK · Mar 2018€34M
- 10LesaraOther · Germany · Mar 2018€30M
Concentration
top 10 deals44.4%
of disclosed capital came from the ten largest rounds.
Top 10 total
€572M
Period total
€1.3B
Countries
Top countries
equity raisedMar 2018 — top countries — interactive chart.
Data table
| Mar 2018 — top countries | |
|---|---|
| Israel | €349M |
| UK | €311M |
| Spain | €155M |
| France | €92M |
| United States | €68M |
| Germany | €55M |
| Switzerland | €46M |
| Sweden | €45M |
| Netherlands | €32M |
| Estonia | €23M |
Capital by country
share of equityMar 2018 — capital by country — interactive chart.
Data table
| Mar 2018 — capital by country | |
|---|---|
| Israel | €349M |
| UK | €311M |
| Spain | €155M |
| France | €92M |
| United States | €68M |
| Germany | €55M |
| Switzerland | €46M |
| Sweden | €45M |
| Netherlands | €32M |
| Estonia | €23M |
| Other | €111M |
Geographic distribution
European countries shown · click a countryMar 2018 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedMar 2018 — top sectors — interactive chart.
Data table
| Mar 2018 — top sectors | |
|---|---|
| Software | €426M |
| Fintech | €242M |
| Transportation | €153M |
| Foodtech | €131M |
| Cybersecurity | €113M |
| Media | €105M |
| E-commerce | €92M |
| Healthtech | €72M |
| Travel | €66M |
| HRtech | €64M |
Capital by sector
share of equityMar 2018 — capital by sector — interactive chart.
Data table
| Mar 2018 — capital by sector | |
|---|---|
| Software | €426M |
| Fintech | €242M |
| Transportation | €153M |
| Foodtech | €131M |
| Cybersecurity | €113M |
| Media | €105M |
| E-commerce | €92M |
| Healthtech | €72M |
| Other | €464M |
Stages
Funding by stage
total euro raised by round typeMar 2018 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €21M |
| Series A | €101M |
| Series B | €232M |
| Series C | €71M |
| Series D+ | €45M |
| ICO | €31M |
| Other | €785M |
Exits
Exit activity
98
exits recorded
€6.6B
combined disclosed value
Exits breakdown
by typeMar 2018 — exits by type — interactive chart.
Data table
| Mar 2018 — exits by type | |
|---|---|
| Acquisition | 93 |
| IPO | 3 |
| Merger | 1 |
| Unknown | 1 |