European startup funding Q2 2018
Quarterly report · 2018-04-01 – 2018-06-30 · vs Q1 2018
Quarterly
Summary
auto-generatedIn Q2 2018, 10 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €155M, down 98.7% versus Q1 2018. Debt rounds added a further €223M.
Deal count moved -99.4% versus Q1 2018, with 10 named investors participating.
Netherlands led by equity raised with €100M (64.6% of equity).
E-commerce was the most-funded sector at €100M in equity (64.6%).
The ten largest rounds accounted for 100.0% of disclosed capital, led by INEA's €223M.
66 exits were recorded this quarter worth a combined €8.9B.
Equity funding
€155M
▼ -98.7%excl. debt & grants · +€223M debt
Funding rounds
10
▼ -99.4%Companies funded
10
▼ -99.4%Named investors
10
▼ -99.5%Exits
66
▼ -60.0%Leading country
€100M
64.6% of equity
Leading sector
€100M
64.6% of equity
Provenance: 90% of 10 rounds disclosed an amount · 0% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +8.62%
Methodology →Investments
Funding within Q2 2018
by monthFunding within Q2 2018 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| Apr | €323M | 2 |
| May | €21M | 3 |
| Jun | €34M | 5 |
Biggest deals
top 10 by amount- 1INEADebt · Poland · Apr 2018€223M
- 2PicnicSeries B · Netherlands · Apr 2018€100M
- 3Starship TechnologiesSeed · Estonia · Jun 2018€21M
- 4NortalOther · Estonia · May 2018€12M
- 5Resto FlashEarly VC · France · May 2018€9.0M
- 6Passion beauteOther · France · Jun 2018€4.3M
- 7Sport Heroes GroupSeries B · France · Jun 2018€4.0M
- 8StaffmatchOther · France · Jun 2018€3.0M
- 9Mensia TechnologiesOther · France · Jun 2018€1.3M
Concentration
top 10 deals100.0%
of disclosed capital came from the ten largest rounds.
Top 10 total
€378M
Period total
€378M
Countries
Top countries
equity raisedQ2 2018 — top countries — interactive chart.
Data table
| Q2 2018 — top countries | |
|---|---|
| Netherlands | €100M |
| Estonia | €33M |
| France | €22M |
Capital by country
share of equityQ2 2018 — capital by country — interactive chart.
Data table
| Q2 2018 — capital by country | |
|---|---|
| Netherlands | €100M |
| Estonia | €33M |
| France | €22M |
Geographic distribution
European countries shown · click a countryQ2 2018 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedQ2 2018 — top sectors — interactive chart.
Data table
| Q2 2018 — top sectors | |
|---|---|
| E-commerce | €100M |
| Robotics | €21M |
| Fintech | €12M |
| Foodtech | €9.0M |
| Sports | €4.0M |
| HRtech | €3.0M |
| Healthtech | €1.3M |
Capital by sector
share of equityQ2 2018 — capital by sector — interactive chart.
Data table
| Q2 2018 — capital by sector | |
|---|---|
| E-commerce | €100M |
| Robotics | €21M |
| Fintech | €12M |
| Foodtech | €9.0M |
| Sports | €4.0M |
| HRtech | €3.0M |
| Healthtech | €1.3M |
Stages
Funding by stage
total euro raised by round typeQ2 2018 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Seed | €21M |
| Series B | €104M |
| Early VC | €9.0M |
| Debt | €223M |
| Grant | €0 |
| Other | €21M |
Exits
Exit activity
66
exits recorded
€8.9B
combined disclosed value
Exits breakdown
by typeQ2 2018 — exits by type — interactive chart.
Data table
| Q2 2018 — exits by type | |
|---|---|
| Acquisition | 59 |
| Unknown | 4 |
| IPO | 3 |