European startup funding Apr 2020
Monthly report · 2020-04-01 – 2020-04-30 · vs Mar 2020
Monthly
Summary
auto-generatedIn Apr 2020, 214 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.6B, up 12.7% versus Mar 2020. Debt rounds added a further €23M.
Deal count moved +22.3% versus Mar 2020, with 140 named investors participating.
UK led by equity raised with €827M (31.3% of equity).
Healthtech was the most-funded sector at €527M in equity (20.0%).
The ten largest rounds accounted for 37.8% of disclosed capital, led by Colonies's €180M.
18 exits were recorded this month worth a combined €242M.
Equity funding
€2.6B
▲ +12.7%excl. debt & grants · +€23M debt
Funding rounds
214
▲ +22.3%Companies funded
214
▲ +22.3%Named investors
140
▲ +19.7%Exits
18
▼ -70.0%Leading country
€827M
31.3% of equity
Leading sector
€527M
20.0% of equity
Provenance: 94% of 214 rounds disclosed an amount · 78% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.12%
Methodology →Investments
Funding within Apr 2020
by dayFunding within Apr 2020 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €130M | 2 |
| 02 | €107M | 15 |
| 03 | €252M | 8 |
| 04 | €1.1M | 1 |
| 05 | €24M | 6 |
| 06 | €199M | 16 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €2.3M | 1 |
| 10 | €0 | 0 |
| 11 | €0 | 0 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €42M | 5 |
| 15 | €500M | 30 |
| 16 | €279M | 18 |
| 17 | €4.6M | 2 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €53M | 7 |
| 21 | €237M | 11 |
| 22 | €198M | 20 |
| 23 | €48M | 11 |
| 24 | €573k | 1 |
| 25 | €33M | 3 |
| 26 | €21M | 3 |
| 27 | €138M | 8 |
| 28 | €111M | 10 |
| 29 | €121M | 20 |
| 30 | €178M | 16 |
Biggest deals
top 10 by amount- 1ColoniesSeries B · France · Apr 2020€180M
- 2BioCatchSeries C · Israel · Apr 2020€132M
- 3Oxford Nanopore TechnologiesOther · UK · Apr 2020€124M
- 4Blue PrismOther · UK · Apr 2020€114M
- 5OnfidoSeries D+ · UK · Apr 2020€91M
- 6VAST DataSeries C · Israel · Apr 2020€91M
- 7ForgeRockSeries D+ · Norway · Apr 2020€86M
- 8Compass PathwaysSeries B · UK · Apr 2020€74M
- 9Trade RepublicSeries B · Germany · Apr 2020€62M
- 10TaxfixSeries C · Germany · Apr 2020€60M
Concentration
top 10 deals37.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.0B
Period total
€2.7B
Countries
Top countries
equity raisedApr 2020 — top countries — interactive chart.
Data table
| Apr 2020 — top countries | |
|---|---|
| UK | €827M |
| Israel | €561M |
| France | €408M |
| Germany | €214M |
| Switzerland | €108M |
| Norway | €88M |
| Denmark | €75M |
| Ireland | €72M |
| Sweden | €68M |
| United States | €42M |
Capital by country
share of equityApr 2020 — capital by country — interactive chart.
Data table
| Apr 2020 — capital by country | |
|---|---|
| UK | €827M |
| Israel | €561M |
| France | €408M |
| Germany | €214M |
| Switzerland | €108M |
| Norway | €88M |
| Denmark | €75M |
| Ireland | €72M |
| Sweden | €68M |
| United States | €42M |
| Other | €176M |
Geographic distribution
European countries shown · click a countryApr 2020 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedApr 2020 — top sectors — interactive chart.
Data table
| Apr 2020 — top sectors | |
|---|---|
| Healthtech | €527M |
| Software | €464M |
| Cybersecurity | €321M |
| Fintech | €317M |
| Transportation | €264M |
| Hardware | €218M |
| Proptech | €193M |
| Legaltech | €169M |
| AI | €139M |
| Robotics | €130M |
Capital by sector
share of equityApr 2020 — capital by sector — interactive chart.
Data table
| Apr 2020 — capital by sector | |
|---|---|
| Healthtech | €527M |
| Software | €464M |
| Cybersecurity | €321M |
| Fintech | €317M |
| Transportation | €264M |
| Hardware | €218M |
| Proptech | €193M |
| Legaltech | €169M |
| Other | €818M |
Stages
Funding by stage
total euro raised by round typeApr 2020 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €2.4M |
| Seed | €99M |
| Series A | €325M |
| Series B | €576M |
| Series C | €569M |
| Series D+ | €271M |
| Early VC | €13M |
| Growth/Late | €62M |
| Debt | €23M |
| Grant | €18M |
| Crowdfunding | €9.0M |
| Other | €711M |
Exits
Exit activity
18
exits recorded
€242M
combined disclosed value
Exits breakdown
by typeApr 2020 — exits by type — interactive chart.
Data table
| Apr 2020 — exits by type | |
|---|---|
| Acquisition | 15 |
| Unknown | 3 |