European startup funding Jul 2024
Monthly report · 2024-07-01 – 2024-07-31 · vs Jun 2024
Monthly
Summary
auto-generatedIn Jul 2024, 341 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €4.3B, up 9.8% versus Jun 2024. Debt rounds added a further €679M.
Deal count moved +3.0% versus Jun 2024, with 850 named investors participating.
Germany led by equity raised with €1.0B (24.2% of equity).
Software was the most-funded sector at €1.1B in equity (25.7%).
The ten largest rounds accounted for 50.6% of disclosed capital, led by team.blue's €550M.
51 exits were recorded this month worth a combined €6.3B.
Equity funding
€4.3B
▲ +9.8%excl. debt & grants · +€679M debt
Funding rounds
341
▲ +3.0%Companies funded
340
▲ +3.3%Named investors
850
▼ -9.3%Exits
51
▼ -8.9%Provenance: 87% of 341 rounds disclosed an amount · 97% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.01%
Methodology →Investments
Funding within Jul 2024
by dayFunding within Jul 2024 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €76M | 12 |
| 02 | €97M | 22 |
| 03 | €572M | 19 |
| 04 | €562M | 15 |
| 05 | €14M | 4 |
| 06 | €0 | 0 |
| 07 | €0 | 0 |
| 08 | €61M | 5 |
| 09 | €136M | 22 |
| 10 | €32M | 11 |
| 11 | €527M | 16 |
| 12 | €665M | 10 |
| 13 | €0 | 0 |
| 14 | €0 | 0 |
| 15 | €100M | 13 |
| 16 | €181M | 13 |
| 17 | €250M | 25 |
| 18 | €234M | 19 |
| 19 | €50M | 4 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €47M | 12 |
| 23 | €88M | 10 |
| 24 | €168M | 14 |
| 25 | €287M | 19 |
| 26 | €96M | 13 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €198M | 15 |
| 30 | €419M | 18 |
| 31 | €122M | 30 |
Biggest deals
top 10 by amount- 1team.blueOther · Belgium · Jul 2024€550M
- 2HR PathDebt · France · Jul 2024€500M
- 3HelsingOther · Germany · Jul 2024€450M
- 4ZunderOther · Spain · Jul 2024€225M
- 5Flo HealthSeries C · UK · Jul 2024€185M
- 6DNEGOther · UK · Jul 2024€177M
- 7Nearfield InstrumentsSeries C · Netherlands · Jul 2024€135M
- 8osapiensSeries B · Germany · Jul 2024€111M
- 9Alps BlockchainOther · Italy · Jul 2024€105M
- 10CitiBoxDebt · Spain · Jul 2024€80M
Concentration
top 10 deals50.6%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.5B
Period total
€5.0B
Countries
Top countries
equity raisedJul 2024 — top countries — interactive chart.
Data table
| Jul 2024 — top countries | |
|---|---|
| Germany | €1.0B |
| UK | €933M |
| Belgium | €607M |
| Spain | €435M |
| Netherlands | €312M |
| Italy | €198M |
| France | €131M |
| Switzerland | €113M |
| Denmark | €87M |
| Sweden | €82M |
Capital by country
share of equityJul 2024 — capital by country — interactive chart.
Data table
| Jul 2024 — capital by country | |
|---|---|
| Germany | €1.0B |
| UK | €933M |
| Belgium | €607M |
| Spain | €435M |
| Netherlands | €312M |
| Italy | €198M |
| France | €131M |
| Switzerland | €113M |
| Denmark | €87M |
| Sweden | €82M |
| Other | €350M |
Geographic distribution
European countries shown · click a countryJul 2024 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedJul 2024 — top sectors — interactive chart.
Data table
| Jul 2024 — top sectors | |
|---|---|
| Software | €1.1B |
| AI | €548M |
| Fintech | €427M |
| Energy | €419M |
| Healthtech | €405M |
| Transportation | €307M |
| Media | €190M |
| Cleantech | €155M |
| Semiconductors | €139M |
| Agritech | €134M |
Capital by sector
share of equityJul 2024 — capital by sector — interactive chart.
Data table
| Jul 2024 — capital by sector | |
|---|---|
| Software | €1.1B |
| AI | €548M |
| Fintech | €427M |
| Energy | €419M |
| Healthtech | €405M |
| Transportation | €307M |
| Media | €190M |
| Cleantech | €155M |
| Other | €800M |
Stages
Funding by stage
total euro raised by round typeJul 2024 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €49M |
| Seed | €122M |
| Series A | €490M |
| Series B | €396M |
| Series C | €387M |
| Series D+ | €179M |
| Early VC | €3.4M |
| Growth/Late | €6.5M |
| Debt | €679M |
| Grant | €15M |
| Crowdfunding | €5.1M |
| Other | €2.6B |
Exits
Exit activity
51
exits recorded
€6.3B
combined disclosed value
Exits breakdown
by typeJul 2024 — exits by type — interactive chart.
Data table
| Jul 2024 — exits by type | |
|---|---|
| Acquisition | 49 |
| Merger | 2 |