European startup funding Apr 2024
Monthly report · 2024-04-01 – 2024-04-30 · vs Mar 2024
Monthly
Summary
auto-generatedIn Apr 2024, 330 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €3.4B, up 2.3% versus Mar 2024. Debt rounds added a further €347M.
Deal count moved +7.8% versus Mar 2024, with 833 named investors participating.
UK led by equity raised with €720M (21.4% of equity).
Fintech was the most-funded sector at €705M in equity (20.9%).
The ten largest rounds accounted for 34.3% of disclosed capital, led by HysetCo's €200M.
60 exits were recorded this month worth a combined €3.8B.
Equity funding
€3.4B
▲ +2.3%excl. debt & grants · +€347M debt
Funding rounds
330
▲ +7.8%Companies funded
330
▲ +8.2%Named investors
833
▼ -2.8%Exits
60
▼ -10.4%Provenance: 86% of 330 rounds disclosed an amount · 96% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.07%
Methodology →Investments
Funding within Apr 2024
by dayFunding within Apr 2024 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €231k | 1 |
| 02 | €119M | 18 |
| 03 | €279M | 16 |
| 04 | €231M | 16 |
| 05 | €16M | 8 |
| 06 | €0 | 0 |
| 07 | €0 | 0 |
| 08 | €251M | 14 |
| 09 | €100M | 17 |
| 10 | €293M | 17 |
| 11 | €163M | 12 |
| 12 | €95M | 6 |
| 13 | €0 | 0 |
| 14 | €0 | 0 |
| 15 | €196M | 20 |
| 16 | €196M | 18 |
| 17 | €405M | 28 |
| 18 | €51M | 16 |
| 19 | €109M | 7 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €138M | 17 |
| 23 | €60M | 13 |
| 24 | €244M | 19 |
| 25 | €50M | 14 |
| 26 | €70M | 11 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €445M | 22 |
| 30 | €224M | 20 |
Biggest deals
top 10 by amount- 1HysetCoOther · France · Apr 2024€200M
- 2MonzoOther · UK · Apr 2024€187M
- 3Tree Energy Solutions (TES)Other · Belgium · Apr 2024€140M
- 4PigmentSeries D+ · France · Apr 2024€134M
- 5CapifyDebt · UK · Apr 2024€117M
- 6SkyportsSeries C · UK · Apr 2024€103M
- 7ScaylOther · Sweden · Apr 2024€100M
- 8HokodoDebt · UK · Apr 2024€100M
- 9BlaBlaCarDebt · France · Apr 2024€100M
- 10ZolarOther · Germany · Apr 2024€100M
Concentration
top 10 deals34.3%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.3B
Period total
€3.7B
Countries
Top countries
equity raisedApr 2024 — top countries — interactive chart.
Data table
| Apr 2024 — top countries | |
|---|---|
| UK | €720M |
| France | €666M |
| Germany | €539M |
| Spain | €202M |
| Denmark | €182M |
| Finland | €168M |
| Belgium | €161M |
| Netherlands | €151M |
| Sweden | €149M |
| Switzerland | €130M |
Capital by country
share of equityApr 2024 — capital by country — interactive chart.
Data table
| Apr 2024 — capital by country | |
|---|---|
| UK | €720M |
| France | €666M |
| Germany | €539M |
| Spain | €202M |
| Denmark | €182M |
| Finland | €168M |
| Belgium | €161M |
| Netherlands | €151M |
| Sweden | €149M |
| Switzerland | €130M |
| Other | €305M |
Geographic distribution
European countries shown · click a countryApr 2024 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedApr 2024 — top sectors — interactive chart.
Data table
| Apr 2024 — top sectors | |
|---|---|
| Fintech | €705M |
| Software | €471M |
| Transportation | €391M |
| Energy | €384M |
| Healthtech | €255M |
| Space | €199M |
| Cleantech | €165M |
| AI | €119M |
| E-commerce | €106M |
| HRtech | €93M |
Capital by sector
share of equityApr 2024 — capital by sector — interactive chart.
Data table
| Apr 2024 — capital by sector | |
|---|---|
| Fintech | €705M |
| Software | €471M |
| Transportation | €391M |
| Energy | €384M |
| Healthtech | €255M |
| Space | €199M |
| Cleantech | €165M |
| AI | €119M |
| Other | €701M |
Stages
Funding by stage
total euro raised by round typeApr 2024 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €27M |
| Seed | €156M |
| Series A | €286M |
| Series B | €288M |
| Series C | €268M |
| Series D+ | €134M |
| Growth/Late | €9.2M |
| Debt | €347M |
| Grant | €13M |
| Crowdfunding | €3.0M |
| Other | €2.2B |
Exits
Exit activity
60
exits recorded
€3.8B
combined disclosed value
Exits breakdown
by typeApr 2024 — exits by type — interactive chart.
Data table
| Apr 2024 — exits by type | |
|---|---|
| Acquisition | 53 |
| Merger | 7 |