European startup funding Jan 2021
Monthly report · 2021-01-01 – 2021-01-31 · vs Dec 2020
Monthly
Summary
auto-generatedIn Jan 2021, 267 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €5.2B, down 7.9% versus Dec 2020. Debt rounds added a further €583M.
Deal count moved -27.6% versus Dec 2020, with 171 named investors participating.
UK led by equity raised with €1.6B (31.2% of equity).
Fintech was the most-funded sector at €1.8B in equity (34.4%).
The ten largest rounds accounted for 42.8% of disclosed capital, led by LendInvest's €566M.
64 exits were recorded this month worth a combined €2.4B.
Equity funding
€5.2B
▼ -7.9%excl. debt & grants · +€583M debt
Funding rounds
267
▼ -27.6%Companies funded
267
▼ -26.6%Named investors
171
▼ -20.8%Exits
64
▲ +4.9%Provenance: 93% of 267 rounds disclosed an amount · 80% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.23%
Methodology →Investments
Funding within Jan 2021
by dayFunding within Jan 2021 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €200k | 1 |
| 02 | €0 | 0 |
| 03 | €0 | 0 |
| 04 | €4.3M | 4 |
| 05 | €125M | 10 |
| 06 | €262M | 7 |
| 07 | €232M | 8 |
| 08 | €35M | 8 |
| 09 | €1.3M | 1 |
| 10 | €2.1M | 2 |
| 11 | €157M | 13 |
| 12 | €207M | 13 |
| 13 | €631M | 23 |
| 14 | €838M | 24 |
| 15 | €46M | 3 |
| 16 | €0 | 0 |
| 17 | €148M | 1 |
| 18 | €190k | 1 |
| 19 | €44M | 8 |
| 20 | €899M | 57 |
| 21 | €9.8M | 5 |
| 22 | €26M | 7 |
| 23 | €25M | 2 |
| 24 | €0 | 0 |
| 25 | €655M | 15 |
| 26 | €118M | 11 |
| 27 | €463M | 25 |
| 28 | €802M | 13 |
| 29 | €35M | 4 |
| 30 | €0 | 0 |
| 31 | €33M | 1 |
Biggest deals
top 10 by amount- 1LendInvestDebt · UK · Jan 2021€566M
- 2WoltSeries D+ · Finland · Jan 2021€436M
- 3Checkout.comSeries C · UK · Jan 2021€370M
- 4RapydSeries D+ · UK · Jan 2021€247M
- 5DriveNetsOther · Israel · Jan 2021€171M
- 6DeliverooSeries D+ · UK · Jan 2021€148M
- 7PPROOther · UK · Jan 2021€148M
- 8OwnBackupSeries D+ · Israel · Jan 2021€138M
- 9SennderSeries D+ · Germany · Jan 2021€132M
- 10TripActionsSeries D+ · UK · Jan 2021€128M
Concentration
top 10 deals42.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.5B
Period total
€5.8B
Countries
Top countries
equity raisedJan 2021 — top countries — interactive chart.
Data table
| Jan 2021 — top countries | |
|---|---|
| UK | €1.6B |
| Germany | €898M |
| Israel | €694M |
| Finland | €471M |
| France | €361M |
| Sweden | €201M |
| Denmark | €179M |
| Spain | €139M |
| United States | €106M |
| Ireland | €101M |
Capital by country
share of equityJan 2021 — capital by country — interactive chart.
Data table
| Jan 2021 — capital by country | |
|---|---|
| UK | €1.6B |
| Germany | €898M |
| Israel | €694M |
| Finland | €471M |
| France | €361M |
| Sweden | €201M |
| Denmark | €179M |
| Spain | €139M |
| United States | €106M |
| Ireland | €101M |
| Other | €435M |
Geographic distribution
European countries shown · click a countryJan 2021 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedJan 2021 — top sectors — interactive chart.
Data table
| Jan 2021 — top sectors | |
|---|---|
| Fintech | €1.8B |
| Software | €1.0B |
| Transportation | €861M |
| Healthtech | €597M |
| E-commerce | €494M |
| Cloud | €343M |
| Marketing | €339M |
| Consumer | €211M |
| Foodtech | €208M |
| Cybersecurity | €204M |
Capital by sector
share of equityJan 2021 — capital by sector — interactive chart.
Data table
| Jan 2021 — capital by sector | |
|---|---|
| Fintech | €1.8B |
| Software | €1.0B |
| Transportation | €861M |
| Healthtech | €597M |
| E-commerce | €494M |
| Cloud | €343M |
| Marketing | €339M |
| Consumer | €211M |
| Other | €1.4B |
Stages
Funding by stage
total euro raised by round typeJan 2021 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €12M |
| Seed | €162M |
| Series A | €304M |
| Series B | €643M |
| Series C | €893M |
| Series D+ | €1.6B |
| Growth/Late | €133M |
| Debt | €583M |
| Grant | €1.4M |
| Crowdfunding | €2.6M |
| Other | €1.5B |
Exits
Exit activity
64
exits recorded
€2.4B
combined disclosed value
Exits breakdown
by typeJan 2021 — exits by type — interactive chart.
Data table
| Jan 2021 — exits by type | |
|---|---|
| Acquisition | 56 |
| IPO | 5 |
| Leveraged buyout | 3 |