European startup funding May 2022
Monthly report · 2022-05-01 – 2022-05-31 · vs Apr 2022
Monthly
Summary
auto-generatedIn May 2022, 419 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €5.6B, down 26.3% versus Apr 2022. Debt rounds added a further €848M.
Deal count moved +9.4% versus Apr 2022, with 1,193 named investors participating.
UK led by equity raised with €1.9B (33.3% of equity).
Fintech was the most-funded sector at €1.9B in equity (34.8%).
The ten largest rounds accounted for 31.4% of disclosed capital, led by Bloom's €353M.
59 exits were recorded this month worth a combined €1.1B.
Equity funding
€5.6B
▼ -26.3%excl. debt & grants · +€848M debt
Funding rounds
419
▲ +9.4%Companies funded
416
▲ +9.2%Named investors
1,193
▲ +14.2%Exits
59
▼ -16.9%Provenance: 91% of 419 rounds disclosed an amount · 91% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.02%
Methodology →Investments
Funding within May 2022
by dayFunding within May 2022 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €1.5M | 1 |
| 02 | €19M | 11 |
| 03 | €398M | 24 |
| 04 | €166M | 13 |
| 05 | €565M | 18 |
| 06 | €25M | 4 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €306M | 15 |
| 10 | €424M | 30 |
| 11 | €761M | 30 |
| 12 | €231M | 31 |
| 13 | €55M | 10 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €389M | 17 |
| 17 | €0 | 0 |
| 18 | €353M | 29 |
| 19 | €485M | 25 |
| 20 | €586M | 25 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €246M | 21 |
| 24 | €136M | 17 |
| 25 | €195M | 20 |
| 26 | €547M | 23 |
| 27 | €30M | 5 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €292M | 18 |
| 31 | €234M | 32 |
Biggest deals
top 10 by amount- 1BloomSeries A · UK · May 2022€353M
- 2WayflyerDebt · Ireland · May 2022€288M
- 3JobandtalentDebt · Spain · May 2022€237M
- 4AivenSeries D+ · Finland · May 2022€199M
- 5PaddleSeries D+ · UK · May 2022€190M
- 6AlanSeries D+ · France · May 2022€183M
- 7Thought MachineSeries D+ · UK · May 2022€152M
- 8Power DotOther · Portugal · May 2022€150M
- 9Carbon Clean SolutionsSeries C · UK · May 2022€142M
- 10DiliTrustOther · France · May 2022€130M
Concentration
top 10 deals31.4%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.0B
Period total
€6.4B
Countries
Top countries
equity raisedMay 2022 — top countries — interactive chart.
Data table
| May 2022 — top countries | |
|---|---|
| UK | €1.9B |
| France | €841M |
| Germany | €670M |
| Netherlands | €287M |
| Sweden | €279M |
| Ireland | €264M |
| Finland | €251M |
| Spain | €182M |
| Portugal | €157M |
| Austria | €136M |
Capital by country
share of equityMay 2022 — capital by country — interactive chart.
Data table
| May 2022 — capital by country | |
|---|---|
| UK | €1.9B |
| France | €841M |
| Germany | €670M |
| Netherlands | €287M |
| Sweden | €279M |
| Ireland | €264M |
| Finland | €251M |
| Spain | €182M |
| Portugal | €157M |
| Austria | €136M |
| Other | €663M |
Geographic distribution
European countries shown · click a countryMay 2022 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedMay 2022 — top sectors — interactive chart.
Data table
| May 2022 — top sectors | |
|---|---|
| Fintech | €1.9B |
| Software | €1.4B |
| Healthtech | €529M |
| Transportation | €496M |
| Energy | €298M |
| Cleantech | €243M |
| Cloud | €199M |
| HRtech | €137M |
| E-commerce | €134M |
| Telecom | €133M |
Capital by sector
share of equityMay 2022 — capital by sector — interactive chart.
Data table
| May 2022 — capital by sector | |
|---|---|
| Fintech | €1.9B |
| Software | €1.4B |
| Healthtech | €529M |
| Transportation | €496M |
| Energy | €298M |
| Cleantech | €243M |
| Cloud | €199M |
| HRtech | €137M |
| Other | €905M |
Stages
Funding by stage
total euro raised by round typeMay 2022 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €37M |
| Seed | €298M |
| Series A | €944M |
| Series B | €752M |
| Series C | €486M |
| Series D+ | €837M |
| Early VC | €1.5M |
| Debt | €848M |
| Crowdfunding | €3.0M |
| ICO | €500k |
| Other | €2.2B |
Exits
Exit activity
59
exits recorded
€1.1B
combined disclosed value
Exits breakdown
by typeMay 2022 — exits by type — interactive chart.
Data table
| May 2022 — exits by type | |
|---|---|
| Acquisition | 58 |
| Merger | 1 |