European startup funding Sep 2018
Monthly report · 2018-09-01 – 2018-09-30 · vs Aug 2018
Monthly
Summary
auto-generatedIn Sep 2018, 230 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €1.8B, up 10.5% versus Aug 2018. Debt rounds added a further €6.0M.
Deal count moved +13.9% versus Aug 2018, with 391 named investors participating.
UK led by equity raised with €483M (27.2% of equity).
Software was the most-funded sector at €453M in equity (25.5%).
The ten largest rounds accounted for 41.7% of disclosed capital, led by UiPath's €227M.
29 exits were recorded this month worth a combined €1.1B.
Equity funding
€1.8B
▲ +10.5%excl. debt & grants · +€6.0M debt
Funding rounds
230
▲ +13.9%Companies funded
229
▲ +13.4%Named investors
391
▲ +33.4%Exits
29
▲ +38.1%Provenance: 84% of 230 rounds disclosed an amount · 70% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.45%
Methodology →Investments
Funding within Sep 2018
by dayFunding within Sep 2018 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €3.3M | 1 |
| 02 | €0 | 3 |
| 03 | €31M | 10 |
| 04 | €24M | 10 |
| 05 | €141M | 11 |
| 06 | €214M | 20 |
| 07 | €11M | 7 |
| 08 | €6.0M | 1 |
| 09 | €6.7M | 1 |
| 10 | €155M | 20 |
| 11 | €78M | 17 |
| 12 | €60M | 15 |
| 13 | €57M | 9 |
| 14 | €108M | 12 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €84M | 8 |
| 18 | €384M | 16 |
| 19 | €63M | 11 |
| 20 | €114M | 15 |
| 21 | €18M | 3 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €22M | 6 |
| 25 | €79M | 15 |
| 26 | €58M | 4 |
| 27 | €48M | 8 |
| 28 | €17M | 7 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
Biggest deals
top 10 by amount- 1UiPathSeries C · Romania · Sep 2018€227M
- 2OakNorthOther · UK · Sep 2018€86M
- 3EvaneosSeries D+ · France · Sep 2018€70M
- 4WayRaySeries C · Switzerland · Sep 2018€69M
- 5MeMedSeries C · Israel · Sep 2018€60M
- 6DoclyOther · France · Sep 2018€54M
- 7MoneseSeries B · UK · Sep 2018€52M
- 8VintedSeries D+ · Lithuania · Sep 2018€50M
- 9DarktraceSeries D+ · UK · Sep 2018€42M
- 10LendInvestSeries C · UK · Sep 2018€34M
Concentration
top 10 deals41.7%
of disclosed capital came from the ten largest rounds.
Top 10 total
€743M
Period total
€1.8B
Countries
Top countries
equity raisedSep 2018 — top countries — interactive chart.
Data table
| Sep 2018 — top countries | |
|---|---|
| UK | €483M |
| France | €322M |
| Romania | €227M |
| Germany | €164M |
| Switzerland | €134M |
| Israel | €120M |
| Sweden | €72M |
| Lithuania | €50M |
| Spain | €40M |
| Russia | €28M |
Capital by country
share of equitySep 2018 — capital by country — interactive chart.
Data table
| Sep 2018 — capital by country | |
|---|---|
| UK | €483M |
| France | €322M |
| Romania | €227M |
| Germany | €164M |
| Switzerland | €134M |
| Israel | €120M |
| Sweden | €72M |
| Lithuania | €50M |
| Spain | €40M |
| Russia | €28M |
| Other | €136M |
Geographic distribution
European countries shown · click a countrySep 2018 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedSep 2018 — top sectors — interactive chart.
Data table
| Sep 2018 — top sectors | |
|---|---|
| Software | €453M |
| Fintech | €352M |
| Robotics | €278M |
| AI | €228M |
| Healthtech | €227M |
| Transportation | €185M |
| Cybersecurity | €128M |
| Marketing | €99M |
| Hardware | €95M |
| Travel | €77M |
Capital by sector
share of equitySep 2018 — capital by sector — interactive chart.
Data table
| Sep 2018 — capital by sector | |
|---|---|
| Software | €453M |
| Fintech | €352M |
| Robotics | €278M |
| AI | €228M |
| Healthtech | €227M |
| Transportation | €185M |
| Cybersecurity | €128M |
| Marketing | €99M |
| Other | €651M |
Stages
Funding by stage
total euro raised by round typeSep 2018 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €215k |
| Seed | €67M |
| Series A | €134M |
| Series B | €423M |
| Series C | €393M |
| Series D+ | €209M |
| Early VC | €3.3M |
| Debt | €6.0M |
| Other | €545M |
Exits
Exit activity
29
exits recorded
€1.1B
combined disclosed value
Exits breakdown
by typeSep 2018 — exits by type — interactive chart.
Data table
| Sep 2018 — exits by type | |
|---|---|
| Acquisition | 28 |
| Merger | 1 |