European startup funding Feb 2022
Monthly report · 2022-02-01 – 2022-02-28 · vs Jan 2022
Monthly
Summary
auto-generatedIn Feb 2022, 440 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €12B, up 0.1% versus Jan 2022. Debt rounds added a further €1.2B.
Deal count moved -3.3% versus Jan 2022, with 1,212 named investors participating.
UK led by equity raised with €6.2B (53.8% of equity).
Software was the most-funded sector at €5.2B in equity (44.7%).
The ten largest rounds accounted for 52.8% of disclosed capital, led by DAZN's €3.8B.
86 exits were recorded this month worth a combined €3.3B.
Equity funding
€12B
▲ +0.1%excl. debt & grants · +€1.2B debt
Funding rounds
440
▼ -3.3%Companies funded
437
▼ -3.7%Named investors
1,212
▼ -1.4%Exits
86
▼ -30.6%Provenance: 89% of 440 rounds disclosed an amount · 94% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.07%
Methodology →Investments
Funding within Feb 2022
by dayFunding within Feb 2022 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €591M | 31 |
| 02 | €223M | 18 |
| 03 | €751M | 30 |
| 04 | €94M | 17 |
| 05 | €22M | 4 |
| 06 | €0 | 0 |
| 07 | €494M | 29 |
| 08 | €859M | 29 |
| 09 | €554M | 18 |
| 10 | €1.1B | 31 |
| 11 | €169M | 15 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €365M | 17 |
| 15 | €471M | 20 |
| 16 | €557M | 30 |
| 17 | €771M | 25 |
| 18 | €61M | 9 |
| 19 | €4.7M | 2 |
| 20 | €35M | 1 |
| 21 | €4.3B | 18 |
| 22 | €449M | 32 |
| 23 | €500M | 25 |
| 24 | €371M | 22 |
| 25 | €14M | 4 |
| 26 | €0 | 0 |
| 27 | €3.1M | 1 |
| 28 | €39M | 12 |
Biggest deals
top 10 by amount- 1DAZNOther · UK · Feb 2022€3.8B
- 2CazooDebt · UK · Feb 2022€551M
- 3Relex SolutionsOther · Finland · Feb 2022€500M
- 4ScalapaySeries B · Italy · Feb 2022€438M
- 5Zenobe EnergyDebt · UK · Feb 2022€286M
- 6GoCardlessSeries D+ · UK · Feb 2022€273M
- 7TTTechOther · Austria · Feb 2022€253M
- 8Volta TrucksSeries C · Sweden · Feb 2022€230M
- 9AlmaSeries C · France · Feb 2022€210M
- 10GoustoOther · UK · Feb 2022€206M
Concentration
top 10 deals52.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€6.7B
Period total
€13B
Countries
Top countries
equity raisedFeb 2022 — top countries — interactive chart.
Data table
| Feb 2022 — top countries | |
|---|---|
| UK | €6.2B |
| France | €925M |
| Finland | €871M |
| Germany | €757M |
| Italy | €460M |
| Netherlands | €418M |
| Switzerland | €417M |
| Sweden | €308M |
| Austria | €268M |
| Spain | €209M |
Capital by country
share of equityFeb 2022 — capital by country — interactive chart.
Data table
| Feb 2022 — capital by country | |
|---|---|
| UK | €6.2B |
| France | €925M |
| Finland | €871M |
| Germany | €757M |
| Italy | €460M |
| Netherlands | €418M |
| Switzerland | €417M |
| Sweden | €308M |
| Austria | €268M |
| Spain | €209M |
| Other | €721M |
Geographic distribution
European countries shown · click a countryFeb 2022 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2022 — top sectors — interactive chart.
Data table
| Feb 2022 — top sectors | |
|---|---|
| Software | €5.2B |
| Fintech | €2.2B |
| Healthtech | €785M |
| Transportation | €474M |
| Cybersecurity | €388M |
| E-commerce | €303M |
| Energy | €279M |
| Marketing | €236M |
| Foodtech | €236M |
| Space | €190M |
Capital by sector
share of equityFeb 2022 — capital by sector — interactive chart.
Data table
| Feb 2022 — capital by sector | |
|---|---|
| Software | €5.2B |
| Fintech | €2.2B |
| Healthtech | €785M |
| Transportation | €474M |
| Cybersecurity | €388M |
| E-commerce | €303M |
| Energy | €279M |
| Marketing | €236M |
| Other | €1.8B |
Stages
Funding by stage
total euro raised by round typeFeb 2022 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €25M |
| Seed | €297M |
| Series A | €1.0B |
| Series B | €1.5B |
| Series C | €1.0B |
| Series D+ | €828M |
| Early VC | €1.5M |
| Debt | €1.2B |
| Grant | €5.5M |
| Crowdfunding | €5.9M |
| Other | €6.9B |
Exits
Exit activity
86
exits recorded
€3.3B
combined disclosed value
Exits breakdown
by typeFeb 2022 — exits by type — interactive chart.
Data table
| Feb 2022 — exits by type | |
|---|---|
| Acquisition | 83 |
| IPO | 2 |
| Merger | 1 |