2024
Annual report · 2024-01-01 – 2025-01-01 · vs 2023
Annual
Summary
auto-generatedIn 2024, disclosed funding reached €75B across 3,749 rounds, down -0.6% versus 2023.
Deal count moved -16.0% versus 2023, with 6,560 named investors participating.
UK led by capital with €18B (23.5% of disclosed total).
Cleantech was the most-funded sector at €13B (17.8%).
The ten largest rounds accounted for 29.8% of disclosed capital, led by Northvolt's €4.6B.
654 exits were recorded this year worth a combined €35B.
Disclosed funding
€75B
▼ -0.6%€74,547,155,398
Funding rounds
3,749
▼ -16.0%Companies funded
3,578
▼ -15.8%Named investors
6,560
▼ -14.9%Exits
654
▼ -25.5%Provenance: 87% of 3,749 rounds disclosed an amount · 96% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.02%
Methodology →Investments
Funding within 2024
by monthBiggest deals
top 10 by amount- 1NorthvoltDebt · Sweden · Jan 2024€4.6B
- 2Stegra (H2 Green Steel)Debt · Sweden · Jan 2024€4.5B
- 3Automotive Cells Company (ACC)Debt · France · Feb 2024€4.4B
- 4ImecOther · Belgium · May 2024€2.5B
- 5SumUpDebt · UK · May 2024€1.4B
- 6EnpalDebt · Germany · Mar 2024€1.1B
- 7WayveSeries C · UK · May 2024€975M
- 8AboundDebt · UK · May 2024€930M
- 9NorthvoltGrant · Sweden · Jan 2024€902M
- 10PolestarDebt · Sweden · Feb 2024€877M
Concentration
top 10 deals29.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€22B
Period total
€75B
Countries
Top countries
total euro raisedCapital by country
share of disclosed totalGeographic distribution
European countries shown · click a countryIndustries
Top sectors
total euro raisedCapital by sector
share of disclosed totalStages
Funding by stage
total euro raised by round typeExits
Exit activity
654
exits recorded
€35B
combined disclosed value