E-commerce funding in Q4 2011
European E-commerce startup funding raised during Q4 2011.
In Q4 2011, 17 European E-commerce companies closed 17 funding rounds and raised €66M in equity funding (excluding debt and grants), up 5.7% versus Q4 2010. Germany led by capital raised, and Accel was the most active investor. Data as of 6 Nov 2026.
Equity funding
€66M
+5.7% vs Q4 2010 · excl. debt & grants
Funding rounds
17
+112.5% vs Q4 2010
Companies
17
Top country
Germany
Rank among sectors
#6
6.2% of sector funding
Top-10 round share
99.2%
of disclosed capital
Funding by month
€ raised vs rounds, by monthE-commerce — funding by month, Q4 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Oct | €19M | 10 |
| Nov | €4.1M | 3 |
| Dec | €43M | 4 |
Top countries
by € raisedE-commerce — top countries by capital, Q4 2011 — interactive chart.
Data table
| E-commerce — top countries by capital, Q4 2011 | |
|---|---|
| Germany | €51M |
| UK | €6.8M |
| Sweden | €4.7M |
| France | €2.0M |
| Ireland | €750k |
| Italy | €407k |
| Spain | €228k |
| Netherlands | €89k |
Stage mix
by € raisedE-commerce — stage mix, Q4 2011 — interactive chart.
Data table
| E-commerce — stage mix, Q4 2011 | |
|---|---|
| Other | €41M |
| Series B | €17M |
| Series A | €4.7M |
| Early VC | €2.3M |
| Seed | €946k |
Top deals
largest disclosed rounds in Q4 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| Visual Meta | Other | Dec 2011 | €40M |
| Delivery Hero | Series B | Oct 2011 | €11M |
| Wahanda | Series B | Oct 2011 | €6.3M |
| Wrapp | Series A | Nov 2011 | €3.9M |
| 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 |
| Redeemia | Other | Oct 2011 | €225k |
| Hubbub | Seed | Oct 2011 | €222k |
| Nubelo | Seed | Nov 2011 | €128k |
| tiendeo | Seed | Oct 2011 | €100k |
| Peerby | Seed | Oct 2011 | €89k |
Top investors
most active in Q4 2011, by deal count- Accel1 deals
- Atlas Venture1 deals
- Atomico1 deals
- Axel Springer1 deals
- Bank of Ireland SEED and early stage equity fund1 deals
- Cabiedes & Partners1 deals
- Creandum1 deals
- Delta Partners1 deals
- Eight Roads Ventures1 deals
- Enterprise Ireland1 deals