European startup funding Oct 2020
Monthly report · 2020-10-01 – 2020-10-31 · vs Sep 2020
Monthly
Summary
auto-generatedIn Oct 2020, 345 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €4.0B, down 47.5% versus Sep 2020. Debt rounds added a further €263M.
Deal count moved -7.3% versus Sep 2020, with 243 named investors participating.
UK led by equity raised with €1.2B (30.1% of equity).
Software was the most-funded sector at €865M in equity (21.4%).
The ten largest rounds accounted for 38.0% of disclosed capital, led by Molo's €293M.
97 exits were recorded this month worth a combined €16B.
Equity funding
€4.0B
▼ -47.5%excl. debt & grants · +€263M debt
Funding rounds
345
▼ -7.3%Companies funded
344
▼ -6.8%Named investors
243
▲ +4.7%Exits
97
▲ +44.8%Provenance: 94% of 345 rounds disclosed an amount · 71% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.41%
Methodology →Investments
Funding within Oct 2020
by dayFunding within Oct 2020 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €470M | 20 |
| 02 | €70M | 17 |
| 03 | €70M | 16 |
| 04 | €0 | 0 |
| 05 | €105M | 15 |
| 06 | €448M | 34 |
| 07 | €477M | 21 |
| 08 | €90M | 9 |
| 09 | €302M | 6 |
| 10 | €10M | 2 |
| 11 | €15M | 1 |
| 12 | €28M | 8 |
| 13 | €312M | 18 |
| 14 | €254M | 14 |
| 15 | €57M | 11 |
| 16 | €8.1M | 5 |
| 17 | €0 | 0 |
| 18 | €0 | 0 |
| 19 | €235M | 19 |
| 20 | €67M | 15 |
| 21 | €159M | 19 |
| 22 | €212M | 15 |
| 23 | €44M | 6 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €175M | 17 |
| 27 | €241M | 18 |
| 28 | €166M | 16 |
| 29 | €273M | 14 |
| 30 | €30M | 9 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1MoloSeries A · UK · Oct 2020€293M
- 2CazooOther · UK · Oct 2020€263M
- 3YnsectOther · France · Oct 2020€190M
- 4Kahoot!Growth/Late · Norway · Oct 2020€182M
- 5MessageBirdSeries C · Netherlands · Oct 2020€170M
- 6TipaltiSeries D+ · Israel · Oct 2020€127M
- 7GetYourGuideDebt · Germany · Oct 2020€113M
- 8SimilarWebSeries D+ · Israel · Oct 2020€102M
- 9ArrivalOther · UK · Oct 2020€100M
- 10Kodit.ioGrowth/Late · Finland · Oct 2020€100M
Concentration
top 10 deals38.0%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.6B
Period total
€4.3B
Countries
Top countries
equity raisedOct 2020 — top countries — interactive chart.
Data table
| Oct 2020 — top countries | |
|---|---|
| UK | €1.2B |
| Israel | €688M |
| France | €424M |
| Switzerland | €316M |
| Netherlands | €282M |
| Norway | €184M |
| Spain | €135M |
| Sweden | €132M |
| Ireland | €124M |
| Finland | €124M |
Capital by country
share of equityOct 2020 — capital by country — interactive chart.
Data table
| Oct 2020 — capital by country | |
|---|---|
| UK | €1.2B |
| Israel | €688M |
| France | €424M |
| Switzerland | €316M |
| Netherlands | €282M |
| Norway | €184M |
| Spain | €135M |
| Sweden | €132M |
| Ireland | €124M |
| Finland | €124M |
| Other | €424M |
Geographic distribution
European countries shown · click a countryOct 2020 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedOct 2020 — top sectors — interactive chart.
Data table
| Oct 2020 — top sectors | |
|---|---|
| Software | €865M |
| Fintech | €805M |
| Healthtech | €772M |
| Transportation | €472M |
| Foodtech | €307M |
| AI | €289M |
| Edtech | €267M |
| Gaming | €231M |
| Cybersecurity | €227M |
| Agritech | €199M |
Capital by sector
share of equityOct 2020 — capital by sector — interactive chart.
Data table
| Oct 2020 — capital by sector | |
|---|---|
| Software | €865M |
| Fintech | €805M |
| Healthtech | €772M |
| Transportation | €472M |
| Foodtech | €307M |
| AI | €289M |
| Edtech | €267M |
| Gaming | €231M |
| Other | €1.4B |
Stages
Funding by stage
total euro raised by round typeOct 2020 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €13M |
| Seed | €185M |
| Series A | €789M |
| Series B | €471M |
| Series C | €400M |
| Series D+ | €567M |
| Early VC | €40M |
| Growth/Late | €359M |
| Debt | €263M |
| Grant | €5.7M |
| Crowdfunding | €34M |
| ICO | €12M |
| Other | €1.2B |
Exits
Exit activity
97
exits recorded
€16B
combined disclosed value
Exits breakdown
by typeOct 2020 — exits by type — interactive chart.
Data table
| Oct 2020 — exits by type | |
|---|---|
| Acquisition | 78 |
| Unknown | 7 |
| IPO | 4 |
| Leveraged buyout | 4 |
| Merger | 4 |