E-commerce funding in 2011
European E-commerce startup funding raised during 2011.
In 2011, 52 European E-commerce companies closed 55 funding rounds and raised €296M in equity funding (excluding debt and grants). UK led by capital raised, and Index Ventures was the most active investor. Data as of 6 Nov 2026.
Equity funding
€296M
excl. debt & grants
Funding rounds
55
Companies
52
Top country
UK
E-commerce: last three years
change vs the year before| Year | Equity | Change | Rounds | Change | Debt |
|---|---|---|---|---|---|
| 2009 | €40M | -52.8% | 27 | +8.0% | — |
| 2010 | €158M | +293.5% | 45 | +66.7% | — |
| 2011 | €296M | +87.2% | 55 | +22.2% | — |
Rank among sectors
#6
7.9% of sector funding
Top-10 round share
78.6%
of disclosed capital
Funding by month
€ raised vs rounds, by monthE-commerce — funding by month, 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €6.1M | 5 |
| Feb | €24M | 3 |
| Mar | €4.7M | 4 |
| Apr | €41M | 7 |
| May | €5.8M | 4 |
| Jun | €32M | 6 |
| Jul | €17M | 1 |
| Aug | €27M | 5 |
| Sep | €72M | 3 |
| Oct | €19M | 10 |
| Nov | €4.1M | 3 |
| Dec | €43M | 4 |
Top countries
by € raisedE-commerce — top countries by capital, 2011 — interactive chart.
Data table
| E-commerce — top countries by capital, 2011 | |
|---|---|
| UK | €80M |
| Russia | €76M |
| Germany | €55M |
| Spain | €35M |
| Türkiye | €17M |
| France | €14M |
| Ireland | €6.8M |
| Israel | €5.3M |
Stage mix
by € raisedE-commerce — stage mix, 2011 — interactive chart.
Data table
| E-commerce — stage mix, 2011 | |
|---|---|
| Growth/Late | €89M |
| Series C | €50M |
| Other | €45M |
| Series B | €35M |
| Early VC | €29M |
| Series A | €25M |
| Series D+ | €18M |
| Seed | €4.7M |
Largest equity rounds
by disclosed amount, 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| Ozon | Growth/Late | Sep 2011 | €69M |
| Visual Meta | Other | Dec 2011 | €40M |
| Shazam | Series C | Jun 2011 | €22M |
| Media Ingenuity | Growth/Late | Apr 2011 | €20M |
| Groupalia | Series D+ | Aug 2011 | €18M |
| Just Eat | Series B | Feb 2011 | €17M |
| Trendyol | Series C | Jul 2011 | €17M |
| Delivery Hero | Series B | Oct 2011 | €11M |
| Groupalia | Series C | Apr 2011 | €10M |
| Bookatable (Livebookings) | Early VC | Apr 2011 | €7.0M |
Top investors
most active in 2011, by deal count- Index Ventures3 deals
- Accel2 deals
- Atomico2 deals
- Cabiedes & Partners2 deals
- General Atlantic2 deals
- Insight Partners2 deals
- Intel Capital2 deals
- Kima Ventures2 deals
- Kleiner Perkins Caufield & Byers2 deals
- la Caixa2 deals
Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology