E-commerce funding in H1 2014
European E-commerce startup funding raised during H1 2014.
In H1 2014, 90 European E-commerce companies closed 98 funding rounds and raised €580M in equity funding (excluding debt and grants), up 468.2% versus H1 2013. Debt rounds added €6.1M. Germany led by capital raised, and DN Capital was the most active investor. Data as of 6 Nov 2026.
Equity funding
€580M
+468.2% vs H1 2013 · excl. debt & grants · +€6.1M debt
Funding rounds
98
+63.3% vs H1 2013
Companies
90
Top country
Germany
Rank among sectors
#3
10.1% of sector funding
Debt financing
€6.1M
1.0% of total
Top-10 round share
73.9%
of disclosed capital
Rounds ≥ €100M
1
Funding by month
€ raised vs rounds, by monthE-commerce — funding by month, H1 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €94M | 22 |
| Feb | €38M | 11 |
| Mar | €54M | 18 |
| Apr | €326M | 14 |
| May | €22M | 11 |
| Jun | €52M | 22 |
Top countries
by € raisedE-commerce — top countries by capital, H1 2014 — interactive chart.
Data table
| E-commerce — top countries by capital, H1 2014 | |
|---|---|
| Germany | €230M |
| Russia | €120M |
| UK | €79M |
| Netherlands | €79M |
| France | €26M |
| Spain | €15M |
| Israel | €9.2M |
| Ireland | €8.3M |
Stage mix
by € raisedE-commerce — stage mix, H1 2014 — interactive chart.
Data table
| E-commerce — stage mix, H1 2014 | |
|---|---|
| Growth/Late | €187M |
| Series D+ | €140M |
| Series B | €113M |
| Early VC | €39M |
| Series A | €34M |
| Other | €26M |
| Series C | €21M |
| Seed | €20M |
| Debt | €6.1M |
| Grant | €360k |
Exits & M&A
8 Acquisition8 exits · €14M disclosed.
| iens.nl / SeatMe | Acquisition | Jan 2014 | €10M |
| SinDelantal | Acquisition | Feb 2014 | €3.5M |
Top deals
largest disclosed rounds in H1 2014| Company | Stage | Date | Amount |
|---|---|---|---|
| Ozon | Growth/Late | Apr 2014 | €109M |
| Takeaway.com | Series B | Apr 2014 | €75M |
| Westwing Home & Living | Growth/Late | Apr 2014 | €72M |
| Delivery Hero | Series D+ | Jan 2014 | €64M |
| Delivery Hero | Series D+ | Apr 2014 | €62M |
| Foodpanda | Series C | Feb 2014 | €15M |
| Shazam | Series D+ | Mar 2014 | €14M |
| Rated People | Early VC | Feb 2014 | €7.9M |
| Yotpo | Series A | Jan 2014 | €7.8M |
| Aviasales | Early VC | Feb 2014 | €7.4M |
| BIZZBY | Early VC | Mar 2014 | €7.2M |
| PREstaShop | Series B | Mar 2014 | €6.7M |
| PackLink | Series B | Jun 2014 | €6.6M |
| Shazam | Growth/Late | May 2014 | €6.5M |
| Momondo | Early VC | Jun 2014 | €6.1M |
Top investors
most active in H1 2014, by deal count- DN Capital4 deals
- Accel3 deals
- Creandum3 deals
- Kima Ventures3 deals
- TA Ventures3 deals
- Wayra3 deals
- ACT Venture Capital2 deals
- Alven Capital2 deals
- Club degli Investitori2 deals
- Crowdcube2 deals