2021
Annual report · 2021-01-01 – 2022-01-01 · vs 2020
Annual
Summary
auto-generatedIn 2021, disclosed funding reached €120B across 5,074 rounds, up +138.6% versus 2020.
Deal count moved +59.0% versus 2020, with 7,002 named investors participating.
UK led by capital with €31B (25.9% of disclosed total).
Fintech was the most-funded sector at €27B (22.6%).
The ten largest rounds accounted for 10.6% of disclosed capital, led by Northvolt's €2.3B.
1,029 exits were recorded this year worth a combined €118B.
Disclosed funding
€120B
▲ +138.6%€119,873,585,690
Funding rounds
5,074
▲ +59.0%Companies funded
4,764
▲ +57.1%Named investors
7,002
▲ +387.9%Exits
1,029
▲ +39.1%Provenance: 90% of 5,074 rounds disclosed an amount · 74% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.29%
Methodology →Investments
Funding within 2021
by monthBiggest deals
top 10 by amount- 1NorthvoltOther · Sweden · Jun 2021€2.3B
- 2AdevintaGrowth/Late · Norway · Jul 2021€1.9B
- 3TrendyolOther · Türkiye · Aug 2021€1.3B
- 4Delivery HeroDebt · Germany · Sep 2021€1.3B
- 5CinchGrowth/Late · UK · May 2021€1.2B
- 6Just Eat TakeawayGrowth/Late · Netherlands · Feb 2021€1.1B
- 7SpotifyOther · Sweden · Feb 2021€1.1B
- 8SinchGrowth/Late · Sweden · May 2021€902M
- 9KlarnaOther · Sweden · Mar 2021€889M
- 10GorillasSeries C · Germany · Oct 2021€858M
Concentration
top 10 deals10.6%
of disclosed capital came from the ten largest rounds.
Top 10 total
€13B
Period total
€120B
Countries
Top countries
total euro raisedCapital by country
share of disclosed totalGeographic distribution
European countries shown · click a countryIndustries
Top sectors
total euro raisedCapital by sector
share of disclosed totalStages
Funding by stage
total euro raised by round typeExits
Exit activity
1,029
exits recorded
€118B
combined disclosed value