European startup funding Oct 2018
Monthly report · 2018-10-01 – 2018-10-31 · vs Sep 2018
Monthly
Summary
auto-generatedIn Oct 2018, 244 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.1B, up 16.5% versus Sep 2018.
Deal count moved +6.1% versus Sep 2018, with 338 named investors participating.
UK led by equity raised with €487M (23.6% of equity).
Fintech was the most-funded sector at €581M in equity (28.1%).
The ten largest rounds accounted for 38.7% of disclosed capital, led by GoEuro's €150M.
Equity funding
€2.1B
▲ +16.5%excl. debt & grants
Funding rounds
244
▲ +6.1%Companies funded
242
▲ +5.7%Named investors
338
▼ -13.6%Exits
0
▼ -100.0%Provenance: 87% of 244 rounds disclosed an amount · 64% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -1.10%
Methodology →Investments
Funding within Oct 2018
by dayFunding within Oct 2018 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.6B | 199 |
| 02 | €61M | 10 |
| 03 | €96M | 12 |
| 04 | €207M | 14 |
| 05 | €18M | 5 |
| 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 | €33M | 1 |
| 16 | €0 | 0 |
| 17 | €0 | 0 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €26M | 1 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €4.4M | 1 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €20M | 1 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1GoEuroSeries D+ · Germany · Oct 2018€150M
- 2JFrogSeries D+ · Israel · Oct 2018€143M
- 3PumaPayOther · Israel · Oct 2018€101M
- 4MonzoSeries D+ · UK · Oct 2018€96M
- 5Galecto BiotechSeries C · Denmark · Oct 2018€79M
- 6TruphoneOther · UK · Oct 2018€61M
- 7SyncronOther · Sweden · Oct 2018€58M
- 8TadoSeries D+ · Germany · Oct 2018€43M
- 9Perk (formerly TravelPerk)Series C · Spain · Oct 2018€38M
- 10IAIGrowth/Late · Poland · Oct 2018€33M
Concentration
top 10 deals38.7%
of disclosed capital came from the ten largest rounds.
Top 10 total
€802M
Period total
€2.1B
Countries
Top countries
equity raisedOct 2018 — top countries — interactive chart.
Data table
| Oct 2018 — top countries | |
|---|---|
| UK | €487M |
| Germany | €375M |
| Israel | €373M |
| France | €231M |
| Sweden | €129M |
| Spain | €88M |
| Denmark | €79M |
| Switzerland | €40M |
| Estonia | €38M |
| Finland | €35M |
Capital by country
share of equityOct 2018 — capital by country — interactive chart.
Data table
| Oct 2018 — capital by country | |
|---|---|
| UK | €487M |
| Germany | €375M |
| Israel | €373M |
| France | €231M |
| Sweden | €129M |
| Spain | €88M |
| Denmark | €79M |
| Switzerland | €40M |
| Estonia | €38M |
| Finland | €35M |
| Other | €193M |
Geographic distribution
European countries shown · click a countryOct 2018 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedOct 2018 — top sectors — interactive chart.
Data table
| Oct 2018 — top sectors | |
|---|---|
| Fintech | €581M |
| Software | €447M |
| Transportation | €259M |
| Healthtech | €203M |
| Travel | €203M |
| Hardware | €139M |
| E-commerce | €107M |
| Marketing | €92M |
| Cybersecurity | €86M |
| Telecom | €83M |
Capital by sector
share of equityOct 2018 — capital by sector — interactive chart.
Data table
| Oct 2018 — capital by sector | |
|---|---|
| Fintech | €581M |
| Software | €447M |
| Transportation | €259M |
| Healthtech | €203M |
| Travel | €203M |
| Hardware | €139M |
| E-commerce | €107M |
| Marketing | €92M |
| Other | €783M |
Stages
Funding by stage
total euro raised by round typeOct 2018 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €1.4M |
| Seed | €62M |
| Series A | €243M |
| Series B | €244M |
| Series C | €232M |
| Series D+ | €489M |
| Early VC | €17M |
| Growth/Late | €33M |
| Grant | €1.9M |
| Other | €747M |
Exits
Exit activity
No exits recorded in this period.
Exits breakdown
by typeNo exits to break down.