European startup funding Dec 2021
Monthly report · 2021-12-01 – 2021-12-31 · vs Nov 2021
Monthly
Summary
auto-generatedIn Dec 2021, 483 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €8.2B, up 7.8% versus Nov 2021. Debt rounds added a further €546M.
Deal count moved -8.9% versus Nov 2021, with 1,183 named investors participating.
Germany led by equity raised with €2.6B (31.4% of equity).
Fintech was the most-funded sector at €1.5B in equity (18.5%).
The ten largest rounds accounted for 44.9% of disclosed capital, led by Flink's €665M.
114 exits were recorded this month worth a combined €10B.
Equity funding
€8.2B
▲ +7.8%excl. debt & grants · +€546M debt
Funding rounds
483
▼ -8.9%Companies funded
480
▼ -9.4%Named investors
1,183
▼ -11.2%Exits
114
▼ -27.8%Provenance: 88% of 483 rounds disclosed an amount · 79% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.42%
Methodology →Investments
Funding within Dec 2021
by dayFunding within Dec 2021 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €555M | 16 |
| 02 | €433M | 31 |
| 03 | €211M | 18 |
| 04 | €0 | 0 |
| 05 | €6.3M | 3 |
| 06 | €420M | 26 |
| 07 | €390M | 38 |
| 08 | €708M | 22 |
| 09 | €1.2B | 26 |
| 10 | €1.0B | 10 |
| 11 | €0 | 0 |
| 12 | €108M | 21 |
| 13 | €513M | 20 |
| 14 | €453M | 38 |
| 15 | €193M | 36 |
| 16 | €1.3B | 35 |
| 17 | €471M | 23 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €273M | 35 |
| 21 | €173M | 22 |
| 22 | €102M | 16 |
| 23 | €147M | 11 |
| 24 | €6.4M | 1 |
| 25 | €0 | 0 |
| 26 | €85M | 8 |
| 27 | €25M | 3 |
| 28 | €12M | 6 |
| 29 | €18M | 6 |
| 30 | €61M | 12 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1FlinkSeries B · Germany · Dec 2021€665M
- 2JobandtalentSeries D+ · Spain · Dec 2021€508M
- 3finnDebt · Germany · Dec 2021€461M
- 4ClikaliaSeries B · Spain · Dec 2021€460M
- 5MonzoOther · UK · Dec 2021€443M
- 6SellerXOther · Germany · Dec 2021€442M
- 7Sotio BiotechOther · Czech Republic · Dec 2021€280M
- 8Octopus EnergyOther · UK · Dec 2021€266M
- 9MambuSeries D+ · Germany · Dec 2021€235M
- 10EverphoneOther · Germany · Dec 2021€177M
Concentration
top 10 deals44.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€3.9B
Period total
€8.8B
Countries
Top countries
equity raisedDec 2021 — top countries — interactive chart.
Data table
| Dec 2021 — top countries | |
|---|---|
| Germany | €2.6B |
| UK | €1.9B |
| Spain | €1.2B |
| France | €386M |
| Denmark | €344M |
| Netherlands | €334M |
| Sweden | €280M |
| Czech Republic | €280M |
| Switzerland | €271M |
| Belgium | €132M |
Capital by country
share of equityDec 2021 — capital by country — interactive chart.
Data table
| Dec 2021 — capital by country | |
|---|---|
| Germany | €2.6B |
| UK | €1.9B |
| Spain | €1.2B |
| France | €386M |
| Denmark | €344M |
| Netherlands | €334M |
| Sweden | €280M |
| Czech Republic | €280M |
| Switzerland | €271M |
| Belgium | €132M |
| Other | €524M |
Geographic distribution
European countries shown · click a countryDec 2021 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedDec 2021 — top sectors — interactive chart.
Data table
| Dec 2021 — top sectors | |
|---|---|
| Fintech | €1.5B |
| E-commerce | €1.2B |
| Healthtech | €1.0B |
| HRtech | €552M |
| Transportation | €509M |
| Proptech | €508M |
| Software | €444M |
| Energy | €311M |
| Telecom | €255M |
| Foodtech | €248M |
Capital by sector
share of equityDec 2021 — capital by sector — interactive chart.
Data table
| Dec 2021 — capital by sector | |
|---|---|
| Fintech | €1.5B |
| E-commerce | €1.2B |
| Healthtech | €1.0B |
| HRtech | €552M |
| Transportation | €509M |
| Proptech | €508M |
| Software | €444M |
| Energy | €311M |
| Other | €2.2B |
Stages
Funding by stage
total euro raised by round typeDec 2021 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €29M |
| Seed | €322M |
| Series A | €622M |
| Series B | €1.9B |
| Series C | €345M |
| Series D+ | €1.1B |
| Early VC | €4.0M |
| Debt | €546M |
| Grant | €325k |
| Crowdfunding | €22M |
| Other | €3.8B |
Exits
Exit activity
114
exits recorded
€10B
combined disclosed value
Exits breakdown
by typeDec 2021 — exits by type — interactive chart.
Data table
| Dec 2021 — exits by type | |
|---|---|
| Acquisition | 109 |
| Merger | 3 |
| IPO | 2 |