European startup funding Apr 2021
Monthly report · 2021-04-01 – 2021-04-30 · vs Mar 2021
Monthly
Summary
auto-generatedIn Apr 2021, 273 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €7.1B, down 16.7% versus Mar 2021. Debt rounds added a further €548M.
Deal count moved -10.2% versus Mar 2021, with 403 named investors participating.
Israel led by equity raised with €1.3B (17.6% of equity).
Software was the most-funded sector at €2.2B in equity (31.2%).
The ten largest rounds accounted for 46.1% of disclosed capital, led by MessageBird's €663M.
40 exits were recorded this month worth a combined €2.7B.
Equity funding
€7.1B
▼ -16.7%excl. debt & grants · +€548M debt
Funding rounds
273
▼ -10.2%Companies funded
272
▼ -10.5%Named investors
403
▲ +115.5%Exits
40
▼ -28.6%Provenance: 97% of 273 rounds disclosed an amount · 82% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.64%
Methodology →Investments
Funding within Apr 2021
by dayFunding within Apr 2021 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €29M | 5 |
| 02 | €6.1M | 2 |
| 03 | €0 | 0 |
| 04 | €0 | 1 |
| 05 | €3.5M | 2 |
| 06 | €112M | 11 |
| 07 | €1.0B | 31 |
| 08 | €376M | 14 |
| 09 | €1.3M | 1 |
| 10 | €0 | 0 |
| 11 | €650k | 1 |
| 12 | €26M | 3 |
| 13 | €287M | 9 |
| 14 | €759M | 43 |
| 15 | €584M | 10 |
| 16 | €24M | 7 |
| 17 | €3.5M | 1 |
| 18 | €0 | 0 |
| 19 | €325M | 7 |
| 20 | €291M | 12 |
| 21 | €706M | 29 |
| 22 | €537M | 13 |
| 23 | €43M | 7 |
| 24 | €1.3M | 2 |
| 25 | €0 | 0 |
| 26 | €249M | 8 |
| 27 | €382M | 12 |
| 28 | €1.5B | 20 |
| 29 | €344M | 16 |
| 30 | €94M | 6 |
Biggest deals
top 10 by amount- 1MessageBirdSeries C · Netherlands · Apr 2021€663M
- 2TraxSeries D+ · Israel · Apr 2021€542M
- 3PolestarOther · Sweden · Apr 2021€460M
- 4OneWebOther · UK · Apr 2021€456M
- 5TrendyolGrowth/Late · Türkiye · Apr 2021€274M
- 6KrySeries D+ · Sweden · Apr 2021€262M
- 7AuxmoneyDebt · Germany · Apr 2021€250M
- 8OdaOther · Norway · Apr 2021€223M
- 9KolonialOther · Norway · Apr 2021€220M
- 10AzerionDebt · Netherlands · Apr 2021€200M
Concentration
top 10 deals46.1%
of disclosed capital came from the ten largest rounds.
Top 10 total
€3.5B
Period total
€7.7B
Countries
Top countries
equity raisedApr 2021 — top countries — interactive chart.
Data table
| Apr 2021 — top countries | |
|---|---|
| Israel | €1.3B |
| UK | €1.2B |
| Sweden | €1.1B |
| Netherlands | €1.0B |
| France | €591M |
| Norway | €484M |
| Germany | €430M |
| Türkiye | €274M |
| Spain | €175M |
| Switzerland | €154M |
Capital by country
share of equityApr 2021 — capital by country — interactive chart.
Data table
| Apr 2021 — capital by country | |
|---|---|
| Israel | €1.3B |
| UK | €1.2B |
| Sweden | €1.1B |
| Netherlands | €1.0B |
| France | €591M |
| Norway | €484M |
| Germany | €430M |
| Türkiye | €274M |
| Spain | €175M |
| Switzerland | €154M |
| Other | €556M |
Geographic distribution
European countries shown · click a countryApr 2021 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedApr 2021 — top sectors — interactive chart.
Data table
| Apr 2021 — top sectors | |
|---|---|
| Software | €2.2B |
| E-commerce | €945M |
| Fintech | €938M |
| Healthtech | €818M |
| Transportation | €742M |
| Telecom | €465M |
| Foodtech | €348M |
| Edtech | €306M |
| Cybersecurity | €295M |
| Media | €293M |
Capital by sector
share of equityApr 2021 — capital by sector — interactive chart.
Data table
| Apr 2021 — capital by sector | |
|---|---|
| Software | €2.2B |
| E-commerce | €945M |
| Fintech | €938M |
| Healthtech | €818M |
| Transportation | €742M |
| Telecom | €465M |
| Foodtech | €348M |
| Edtech | €306M |
| Other | €1.8B |
Stages
Funding by stage
total euro raised by round typeApr 2021 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €2.2M |
| Seed | €197M |
| Series A | €466M |
| Series B | €676M |
| Series C | €1.2B |
| Series D+ | €1.6B |
| Early VC | €1.9M |
| Growth/Late | €274M |
| Debt | €548M |
| Grant | €170k |
| Crowdfunding | €1.4M |
| Other | €2.7B |
Exits
Exit activity
40
exits recorded
€2.7B
combined disclosed value
Exits breakdown
by typeApr 2021 — exits by type — interactive chart.
Data table
| Apr 2021 — exits by type | |
|---|---|
| Acquisition | 36 |
| IPO | 2 |
| Leveraged buyout | 1 |
| Merger | 1 |