European startup funding Aug 2020
Monthly report · 2020-08-01 – 2020-08-31 · vs Jul 2020
Monthly
Summary
auto-generatedIn Aug 2020, 203 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €3.1B, down 22.9% versus Jul 2020. Debt rounds added a further €180M.
Deal count moved -27.2% versus Jul 2020, with 136 named investors participating.
Sweden led by equity raised with €1.4B (45.1% of equity).
Cleantech was the most-funded sector at €1.4B in equity (44.4%).
The ten largest rounds accounted for 65.3% of disclosed capital, led by Northvolt's €1.4B.
56 exits were recorded this month worth a combined €12B.
Equity funding
€3.1B
▼ -22.9%excl. debt & grants · +€180M debt
Funding rounds
203
▼ -27.2%Companies funded
202
▼ -27.3%Named investors
136
▼ -34.3%Exits
56
▼ -3.4%Provenance: 90% of 203 rounds disclosed an amount · 77% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.03%
Methodology →Investments
Funding within Aug 2020
by dayFunding within Aug 2020 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €86M | 9 |
| 02 | €20M | 3 |
| 03 | €134M | 5 |
| 04 | €277M | 26 |
| 05 | €1.5B | 18 |
| 06 | €67M | 24 |
| 07 | €17M | 5 |
| 08 | €0 | 0 |
| 09 | €70M | 2 |
| 10 | €7.1M | 6 |
| 11 | €282M | 9 |
| 12 | €216M | 15 |
| 13 | €50M | 9 |
| 14 | €15M | 1 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €1.8M | 4 |
| 18 | €12M | 5 |
| 19 | €141M | 7 |
| 20 | €54M | 14 |
| 21 | €22M | 4 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €100M | 3 |
| 25 | €45M | 5 |
| 26 | €23M | 6 |
| 27 | €105M | 11 |
| 28 | €24M | 3 |
| 29 | €1.6M | 1 |
| 30 | €5.9M | 1 |
| 31 | €19M | 7 |
Biggest deals
top 10 by amount- 1NorthvoltOther · Sweden · Aug 2020€1.4B
- 2HMDSeries A · Finland · Aug 2020€196M
- 3iwocaDebt · UK · Aug 2020€111M
- 4DataikuSeries D+ · France · Aug 2020€85M
- 5OmioOther · Germany · Aug 2020€84M
- 6Cato NetworksSeries D+ · Israel · Aug 2020€66M
- 7YotpoSeries D+ · Israel · Aug 2020€64M
- 8SightSeries D+ · Israel · Aug 2020€60M
- 9F2GOther · UK · Aug 2020€52M
- 10SequraOther · Spain · Aug 2020€50M
Concentration
top 10 deals65.3%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.1B
Period total
€3.3B
Countries
Top countries
equity raisedAug 2020 — top countries — interactive chart.
Data table
| Aug 2020 — top countries | |
|---|---|
| Sweden | €1.4B |
| Israel | €392M |
| UK | €390M |
| Finland | €308M |
| Germany | €158M |
| Spain | €116M |
| France | €111M |
| Switzerland | €47M |
| Ireland | €37M |
| Italy | €25M |
Capital by country
share of equityAug 2020 — capital by country — interactive chart.
Data table
| Aug 2020 — capital by country | |
|---|---|
| Sweden | €1.4B |
| Israel | €392M |
| UK | €390M |
| Finland | €308M |
| Germany | €158M |
| Spain | €116M |
| France | €111M |
| Switzerland | €47M |
| Ireland | €37M |
| Italy | €25M |
| Other | €104M |
Geographic distribution
European countries shown · click a countryAug 2020 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedAug 2020 — top sectors — interactive chart.
Data table
| Aug 2020 — top sectors | |
|---|---|
| Cleantech | €1.4B |
| Software | €621M |
| Healthtech | €343M |
| Fintech | €233M |
| Marketing | €152M |
| Cybersecurity | €138M |
| Travel | €95M |
| E-commerce | €79M |
| Media | €77M |
| Deeptech | €63M |
Capital by sector
share of equityAug 2020 — capital by sector — interactive chart.
Data table
| Aug 2020 — capital by sector | |
|---|---|
| Cleantech | €1.4B |
| Software | €621M |
| Healthtech | €343M |
| Fintech | €233M |
| Marketing | €152M |
| Cybersecurity | €138M |
| Travel | €95M |
| E-commerce | €79M |
| Other | €500M |
Stages
Funding by stage
total euro raised by round typeAug 2020 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €7.2M |
| Seed | €74M |
| Series A | €384M |
| Series B | €208M |
| Series C | €191M |
| Series D+ | €335M |
| Early VC | €26M |
| Growth/Late | €14M |
| Debt | €180M |
| Crowdfunding | €6.6M |
| Other | €1.8B |
Exits
Exit activity
56
exits recorded
€12B
combined disclosed value
Exits breakdown
by typeAug 2020 — exits by type — interactive chart.
Data table
| Aug 2020 — exits by type | |
|---|---|
| Acquisition | 53 |
| Leveraged buyout | 2 |
| IPO | 1 |