European startup funding Feb 2025
Monthly report · 2025-02-01 – 2025-02-28 · vs Jan 2025
Monthly
Summary
auto-generatedIn Feb 2025, 327 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €4.3B, down 7.4% versus Jan 2025. Debt rounds added a further €1.8B.
Deal count moved +5.5% versus Jan 2025, with 840 named investors participating.
Netherlands led by equity raised with €1.3B (29.4% of equity).
Software was the most-funded sector at €1.3B in equity (30.1%).
The ten largest rounds accounted for 54.5% of disclosed capital, led by finn's €1.0B.
36 exits were recorded this month worth a combined €7.3B.
Equity funding
€4.3B
▼ -7.4%excl. debt & grants · +€1.8B debt
Funding rounds
327
▲ +5.5%Companies funded
327
▲ +5.8%Named investors
840
▲ +2.4%Exits
36
▼ -43.8%Leading country
€1.3B
29.4% of equity
Leading sector
€1.3B
30.1% of equity
Provenance: 88% of 327 rounds disclosed an amount · 92% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.16%
Methodology →Investments
Funding within Feb 2025
by dayFunding within Feb 2025 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €0 | 1 |
| 02 | €7.4M | 1 |
| 03 | €321M | 17 |
| 04 | €90M | 22 |
| 05 | €228M | 13 |
| 06 | €242M | 16 |
| 07 | €190M | 14 |
| 08 | €0 | 0 |
| 09 | €0 | 0 |
| 10 | €1.1B | 16 |
| 11 | €262M | 14 |
| 12 | €185M | 18 |
| 13 | €342M | 21 |
| 14 | €26M | 7 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €18M | 10 |
| 18 | €591M | 26 |
| 19 | €220M | 16 |
| 20 | €182M | 19 |
| 21 | €108M | 11 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €1.0B | 15 |
| 25 | €383M | 28 |
| 26 | €122M | 17 |
| 27 | €154M | 12 |
| 28 | €393M | 13 |
Biggest deals
top 10 by amount- 1finnDebt · Germany · Feb 2025€1.0B
- 2Your.WorldOther · Netherlands · Feb 2025€800M
- 3Lion StorageOther · Netherlands · Feb 2025€350M
- 4InwitDebt · Italy · Feb 2025€350M
- 5365 FinanceDebt · UK · Feb 2025€181M
- 6FrodaOther · Sweden · Feb 2025€150M
- 7SolarisBankSeries D+ · Germany · Feb 2025€140M
- 8RevvingOther · UK · Feb 2025€128M
- 9WealthonDebt · Poland · Feb 2025€126M
- 10TinesSeries C · Ireland · Feb 2025€121M
Concentration
top 10 deals54.5%
of disclosed capital came from the ten largest rounds.
Top 10 total
€3.3B
Period total
€6.1B
Countries
Top countries
equity raisedFeb 2025 — top countries — interactive chart.
Data table
| Feb 2025 — top countries | |
|---|---|
| Netherlands | €1.3B |
| UK | €1.0B |
| Germany | €592M |
| France | €277M |
| Sweden | €209M |
| Switzerland | €189M |
| Spain | €173M |
| Ireland | €130M |
| Türkiye | €89M |
| Italy | €64M |
Capital by country
share of equityFeb 2025 — capital by country — interactive chart.
Data table
| Feb 2025 — capital by country | |
|---|---|
| Netherlands | €1.3B |
| UK | €1.0B |
| Germany | €592M |
| France | €277M |
| Sweden | €209M |
| Switzerland | €189M |
| Spain | €173M |
| Ireland | €130M |
| Türkiye | €89M |
| Italy | €64M |
| Other | €344M |
Geographic distribution
European countries shown · click a countryFeb 2025 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2025 — top sectors — interactive chart.
Data table
| Feb 2025 — top sectors | |
|---|---|
| Software | €1.3B |
| Fintech | €806M |
| Energy | €418M |
| Cybersecurity | €236M |
| Healthtech | €213M |
| Transportation | €205M |
| Cleantech | €172M |
| AI | €141M |
| Travel | €102M |
| E-commerce | €92M |
Capital by sector
share of equityFeb 2025 — capital by sector — interactive chart.
Data table
| Feb 2025 — capital by sector | |
|---|---|
| Software | €1.3B |
| Fintech | €806M |
| Energy | €418M |
| Cybersecurity | €236M |
| Healthtech | €213M |
| Transportation | €205M |
| Cleantech | €172M |
| AI | €141M |
| Other | €918M |
Stages
Funding by stage
total euro raised by round typeFeb 2025 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €67M |
| Seed | €156M |
| Series A | €500M |
| Series B | €352M |
| Series C | €223M |
| Series D+ | €215M |
| Early VC | €0 |
| Debt | €1.8B |
| Grant | €5.1M |
| Other | €2.8B |
Exits
Exit activity
36
exits recorded
€7.3B
combined disclosed value
Exits breakdown
by typeFeb 2025 — exits by type — interactive chart.
Data table
| Feb 2025 — exits by type | |
|---|---|
| Acquisition | 34 |
| Merger | 2 |