European startup funding Jun 2020
Monthly report · 2020-06-01 – 2020-06-30 · vs May 2020
Monthly
Summary
auto-generatedIn Jun 2020, 223 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €3.0B, up 8.1% versus May 2020. Debt rounds added a further €19M.
Deal count moved +9.3% versus May 2020, with 144 named investors participating.
Germany led by equity raised with €1.0B (31.9% of equity).
Healthtech was the most-funded sector at €610M in equity (20.1%).
The ten largest rounds accounted for 40.0% of disclosed capital, led by CureVac's €300M.
41 exits were recorded this month worth a combined €2.3B.
Equity funding
€3.0B
▲ +8.1%excl. debt & grants · +€19M debt
Funding rounds
223
▲ +9.3%Companies funded
223
▲ +9.3%Named investors
144
▲ +9.9%Exits
41
▲ +7.9%Leading country
€1.0B
31.9% of equity
Leading sector
€610M
20.1% of equity
Provenance: 90% of 223 rounds disclosed an amount · 79% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.06%
Methodology →Investments
Funding within Jun 2020
by dayFunding within Jun 2020 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €85M | 6 |
| 02 | €95M | 10 |
| 03 | €106M | 7 |
| 04 | €111M | 13 |
| 05 | €44M | 9 |
| 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 | €100M | 8 |
| 16 | €772M | 34 |
| 17 | €264M | 11 |
| 18 | €125M | 13 |
| 19 | €11M | 4 |
| 20 | €2.9M | 1 |
| 21 | €0 | 0 |
| 22 | €156M | 7 |
| 23 | €207M | 9 |
| 24 | €153M | 26 |
| 25 | €174M | 16 |
| 26 | €160M | 21 |
| 27 | €0 | 0 |
| 28 | €179M | 2 |
| 29 | €223M | 11 |
| 30 | €121M | 15 |
Biggest deals
top 10 by amount- 1CureVacEarly VC · Germany · Jun 2020€300M
- 2InfarmSeries C · Germany · Jun 2020€178M
- 3CheckoutSeries B · UK · Jun 2020€134M
- 4Bike24Other · Germany · Jun 2020€120M
- 5StillfrontGrowth/Late · Sweden · Jun 2020€113M
- 6PagayaSeries D+ · Israel · Jun 2020€90M
- 7Perimeter 81Series A · Israel · Jun 2020€89M
- 8PrivitarSeries C · UK · Jun 2020€71M
- 9ContentfulSeries D+ · Germany · Jun 2020€71M
- 10SwileSeries C · France · Jun 2020€70M
Concentration
top 10 deals40.0%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.2B
Period total
€3.1B
Countries
Top countries
equity raisedJun 2020 — top countries — interactive chart.
Data table
| Jun 2020 — top countries | |
|---|---|
| Germany | €1.0B |
| UK | €622M |
| Israel | €361M |
| France | €246M |
| Sweden | €231M |
| United States | €132M |
| Finland | €106M |
| Spain | €85M |
| Switzerland | €59M |
| Netherlands | €54M |
Capital by country
share of equityJun 2020 — capital by country — interactive chart.
Data table
| Jun 2020 — capital by country | |
|---|---|
| Germany | €1.0B |
| UK | €622M |
| Israel | €361M |
| France | €246M |
| Sweden | €231M |
| United States | €132M |
| Finland | €106M |
| Spain | €85M |
| Switzerland | €59M |
| Netherlands | €54M |
| Other | €176M |
Geographic distribution
European countries shown · click a countryJun 2020 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedJun 2020 — top sectors — interactive chart.
Data table
| Jun 2020 — top sectors | |
|---|---|
| Healthtech | €610M |
| Fintech | €587M |
| Software | €571M |
| Cybersecurity | €233M |
| Media | €210M |
| Agritech | €197M |
| Gaming | €138M |
| Sports | €137M |
| E-commerce | €99M |
| AI | €90M |
Capital by sector
share of equityJun 2020 — capital by sector — interactive chart.
Data table
| Jun 2020 — capital by sector | |
|---|---|
| Healthtech | €610M |
| Fintech | €587M |
| Software | €571M |
| Cybersecurity | €233M |
| Media | €210M |
| Agritech | €197M |
| Gaming | €138M |
| Sports | €137M |
| Other | €926M |
Stages
Funding by stage
total euro raised by round typeJun 2020 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €2.2M |
| Seed | €194M |
| Series A | €459M |
| Series B | €498M |
| Series C | €490M |
| Series D+ | €331M |
| Early VC | €445M |
| Growth/Late | €114M |
| Debt | €19M |
| Grant | €30M |
| Crowdfunding | €7.8M |
| Other | €499M |
Exits
Exit activity
41
exits recorded
€2.3B
combined disclosed value
Exits breakdown
by typeJun 2020 — exits by type — interactive chart.
Data table
| Jun 2020 — exits by type | |
|---|---|
| Acquisition | 37 |
| Unknown | 3 |
| Leveraged buyout | 1 |