European startup funding Oct 2019
Monthly report · 2019-10-01 – 2019-10-31 · vs Sep 2019
Monthly
Summary
auto-generatedIn Oct 2019, 958 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €10B, up 55749.8% versus Sep 2019. Debt rounds added a further €3.6M.
Deal count moved +47800.0% versus Sep 2019, with 621 named investors participating.
UK led by equity raised with €2.3B (23.3% of equity).
Software was the most-funded sector at €3.0B in equity (30.0%).
The ten largest rounds accounted for 20.4% of disclosed capital, led by Frontier Car Group's €367M.
52 exits were recorded this month worth a combined €3.1B.
Equity funding
€10B
▲ +55749.8%excl. debt & grants · +€3.6M debt
Funding rounds
958
▲ +47800.0%Companies funded
953
▲ +47550.0%Named investors
621
▲ +12320.0%Exits
52
▲ +420.0%Provenance: 88% of 958 rounds disclosed an amount · 75% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +5.99%
Methodology →Investments
Funding within Oct 2019
by dayFunding within Oct 2019 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €10.0B | 955 |
| 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 | €82M | 1 |
| 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 | €4.0M | 1 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €31M | 1 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1Frontier Car GroupSeries D+ · Sweden · Oct 2019€367M
- 2CelonisSeries C · Germany · Oct 2019€266M
- 3PicnicSeries C · Netherlands · Oct 2019€250M
- 4HasteeSeries A · UK · Oct 2019€248M
- 5A Cloud GuruOther · UK · Oct 2019€236M
- 6RiskifiedSeries D+ · Israel · Oct 2019€152M
- 7GlovoSeries D+ · Spain · Oct 2019€150M
- 8commercetoolsOther · Germany · Oct 2019€133M
- 9VtexOther · UK · Oct 2019€129M
- 10VintedSeries D+ · Lithuania · Oct 2019€128M
Concentration
top 10 deals20.4%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.1B
Period total
€10B
Countries
Top countries
equity raisedOct 2019 — top countries — interactive chart.
Data table
| Oct 2019 — top countries | |
|---|---|
| UK | €2.3B |
| Israel | €1.8B |
| Germany | €1.7B |
| France | €858M |
| Sweden | €718M |
| Netherlands | €493M |
| Switzerland | €418M |
| Spain | €384M |
| Ireland | €232M |
| Belgium | €191M |
Capital by country
share of equityOct 2019 — capital by country — interactive chart.
Data table
| Oct 2019 — capital by country | |
|---|---|
| UK | €2.3B |
| Israel | €1.8B |
| Germany | €1.7B |
| France | €858M |
| Sweden | €718M |
| Netherlands | €493M |
| Switzerland | €418M |
| Spain | €384M |
| Ireland | €232M |
| Belgium | €191M |
| Other | €929M |
Geographic distribution
European countries shown · click a countryOct 2019 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedOct 2019 — top sectors — interactive chart.
Data table
| Oct 2019 — top sectors | |
|---|---|
| Software | €3.0B |
| Fintech | €1.9B |
| Transportation | €1.2B |
| Healthtech | €1.0B |
| Cybersecurity | €726M |
| E-commerce | €394M |
| Media | €332M |
| Fashion | €332M |
| Edtech | €322M |
| HRtech | €292M |
Capital by sector
share of equityOct 2019 — capital by sector — interactive chart.
Data table
| Oct 2019 — capital by sector | |
|---|---|
| Software | €3.0B |
| Fintech | €1.9B |
| Transportation | €1.2B |
| Healthtech | €1.0B |
| Cybersecurity | €726M |
| E-commerce | €394M |
| Media | €332M |
| Fashion | €332M |
| Other | €3.2B |
Stages
Funding by stage
total euro raised by round typeOct 2019 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €11M |
| Seed | €525M |
| Series A | €1.8B |
| Series B | €2.1B |
| Series C | €1.5B |
| Series D+ | €1.2B |
| Early VC | €82M |
| Debt | €3.6M |
| Grant | €15M |
| Other | €2.8B |
Exits
Exit activity
52
exits recorded
€3.1B
combined disclosed value
Exits breakdown
by typeOct 2019 — exits by type — interactive chart.
Data table
| Oct 2019 — exits by type | |
|---|---|
| Acquisition | 50 |
| IPO | 1 |
| Merger | 1 |