E-commerce funding in H2 2011
European E-commerce startup funding raised during H2 2011.
In H2 2011, 26 European E-commerce companies closed 26 funding rounds and raised €182M in equity funding (excluding debt and grants), up 35.4% versus H2 2010. Russia led by capital raised, and Accel was the most active investor. Data as of 6 Nov 2026.
Equity funding
€182M
+35.4% vs H2 2010 · excl. debt & grants
Funding rounds
26
+4.0% vs H2 2010
Companies
26
Top country
Russia
Rank among sectors
#4
9.3% of sector funding
Top-10 round share
97.4%
of disclosed capital
Funding by month
€ raised vs rounds, by monthE-commerce — funding by month, H2 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| 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, H2 2011 — interactive chart.
Data table
| E-commerce — top countries by capital, H2 2011 | |
|---|---|
| Russia | €69M |
| Germany | €51M |
| Spain | €18M |
| Türkiye | €17M |
| UK | €9.2M |
| Ireland | €6.8M |
| France | €5.0M |
| Sweden | €4.7M |
Stage mix
by € raisedE-commerce — stage mix, H2 2011 — interactive chart.
Data table
| E-commerce — stage mix, H2 2011 | |
|---|---|
| Growth/Late | €69M |
| Other | €41M |
| Series D+ | €18M |
| Series B | €17M |
| Series C | €17M |
| Series A | €10M |
| Early VC | €8.3M |
| Seed | €946k |
Top deals
largest disclosed rounds in H2 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| Ozon | Growth/Late | Sep 2011 | €69M |
| Visual Meta | Other | Dec 2011 | €40M |
| Groupalia | Series D+ | Aug 2011 | €18M |
| Trendyol | Series C | Jul 2011 | €17M |
| Delivery Hero | Series B | Oct 2011 | €11M |
| Wahanda | Series B | Oct 2011 | €6.3M |
| SkillPages | Early VC | Aug 2011 | €6.0M |
| Wrapp | Series A | Nov 2011 | €3.9M |
| PREstaShop | Series A | Aug 2011 | €3.0M |
| Top10 | Series A | Sep 2011 | €2.4M |
| Shopmium | Early VC | Dec 2011 | €1.6M |
| Euroling | Early VC | Oct 2011 | €756k |
| Profitero | Series A | Dec 2011 | €750k |
| Yooneed.com | Other | Dec 2011 | €450k |
| RisparmioSuper | Seed | Oct 2011 | €407k |
Top investors
most active in H2 2011, by deal count- Accel2 deals
- Index Ventures2 deals
- ru-Net Holdings2 deals
- Anthemis1 deals
- Atlas Venture1 deals
- Atomico1 deals
- Axel Springer1 deals
- Bank of Ireland SEED and early stage equity fund1 deals
- Cabiedes & Partners1 deals
- Christoph Janz1 deals