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European startup funding Nov 2018

Monthly report · 2018-11-01 – 2018-11-30 · vs Oct 2018

Monthly

Summary

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In Nov 2018, 225 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.7B, up 31.5% versus Oct 2018.

Deal count moved -7.8% versus Oct 2018, with 189 named investors participating.

UK led by equity raised with €729M (26.8% of equity).

Healthtech was the most-funded sector at €559M in equity (20.6%).

The ten largest rounds accounted for 42.2% of disclosed capital, led by Roivant Sciences's €178M.

11 exits were recorded this month worth a combined €1.8B.

Equity funding
€2.7B
▲ +31.5%
excl. debt & grants
Funding rounds
225
▼ -7.8%
Companies funded
224
▼ -7.4%
Named investors
189
▼ -44.1%
Exits
11
Leading country
€729M
26.8% of equity
Leading sector
€559M
20.6% of equity
Provenance: 96% of 225 rounds disclosed an amount · 67% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +2.16%
Methodology →

Investments

Funding within Nov 2018

by day
Funding within Nov 2018 — interactive chart.
Data table
AmountDeals
01€1.2M1
02€00
03€00
04€00
05€94M10
06€203M11
07€251M14
08€55M13
09€3.2M3
10€00
11€00
12€270M11
13€365M13
14€141M10
15€203M18
16€22M8
17€6.4M2
18€15M3
19€334M13
20€70M16
21€70M9
22€83M12
23€18M6
24€2.5M2
25€8.0M2
26€58M11
27€51M8
28€292M13
29€106M13
30€1.9M3

Countries

Top countries

equity raised
Nov 2018 — top countries — interactive chart.
Data table
Nov 2018 — top countries
UK€729M
France€455M
Israel€376M
Netherlands€242M
Switzerland€216M
Germany€214M
Russia€183M
Belgium€73M
Ireland€49M
Sweden€41M

Capital by country

share of equity
Nov 2018 — capital by country — interactive chart.
Data table
Nov 2018 — capital by country
UK€729M
France€455M
Israel€376M
Netherlands€242M
Switzerland€216M
Germany€214M
Russia€183M
Belgium€73M
Ireland€49M
Sweden€41M
Other€141M

Geographic distribution

European countries shown · click a country
Nov 2018 — geographic distribution — interactive chart.

Industries

Top sectors

equity raised
Nov 2018 — top sectors — interactive chart.
Data table
Nov 2018 — top sectors
Healthtech€559M
Fintech€547M
Software€324M
Cybersecurity€200M
Transportation€197M
E-commerce€194M
Proptech€162M
Fashion€122M
Semiconductors€122M
Sports€88M

Capital by sector

share of equity
Nov 2018 — capital by sector — interactive chart.
Data table
Nov 2018 — capital by sector
Healthtech€559M
Fintech€547M
Software€324M
Cybersecurity€200M
Transportation€197M
E-commerce€194M
Proptech€162M
Fashion€122M
Other€762M

Stages

Funding by stage

total euro raised by round type
Nov 2018 — funding by stage — interactive chart.
Data table
Amount
Seed€229M
Series A€391M
Series B€532M
Series C€104M
Series D+€159M
Early VC€1.2M
Grant€4.4M
Other€1.3B

Exits

Exit activity

11
exits recorded
€1.8B
combined disclosed value

Exits breakdown

by type
Nov 2018 — exits by type — interactive chart.
Data table
Nov 2018 — exits by type
Acquisition11

Investors