E-commerce funding in H2 2014
European E-commerce startup funding raised during H2 2014.
In H2 2014, 68 European E-commerce companies closed 71 funding rounds and raised €536M in equity funding (excluding debt and grants), up 320.2% versus H2 2013. Germany led by capital raised, and Accel was the most active investor. Data as of 6 Nov 2026.
Equity funding
€536M
+320.2% vs H2 2013 · excl. debt & grants
Funding rounds
71
+2.9% vs H2 2013
Companies
68
Top country
Germany
Rank among sectors
#7
7.4% of sector funding
Top-10 round share
85.0%
of disclosed capital
Rounds ≥ €100M
1
Funding by month
€ raised vs rounds, by monthE-commerce — funding by month, H2 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jul | €36M | 12 |
| Aug | €47M | 5 |
| Sep | €293M | 17 |
| Oct | €31M | 7 |
| Nov | €68M | 17 |
| Dec | €63M | 13 |
Top countries
by € raisedE-commerce — top countries by capital, H2 2014 — interactive chart.
Data table
| E-commerce — top countries by capital, H2 2014 | |
|---|---|
| Germany | €347M |
| UK | €49M |
| Spain | €47M |
| Netherlands | €36M |
| Sweden | €17M |
| France | €11M |
| Italy | €9.7M |
| Finland | €8.4M |
Stage mix
by € raisedE-commerce — stage mix, H2 2014 — interactive chart.
Data table
| E-commerce — stage mix, H2 2014 | |
|---|---|
| Series D+ | €310M |
| Series B | €96M |
| Series A | €41M |
| Series C | €39M |
| Seed | €17M |
| Growth/Late | €16M |
| Early VC | €9.0M |
| Other | €8.0M |
Exits & M&A
9 Acquisition · 1 Merger10 exits · €1.1B disclosed.
| Yemeksepeti | Acquisition | Oct 2014 | €535M |
| uSwitch | Acquisition | Nov 2014 | €192M |
| Verivox | Acquisition | Nov 2014 | €170M |
| Wahanda | Acquisition | Oct 2014 | €155M |
| Easyvoyage | Acquisition | Dec 2014 | €40M |
| Treatwell | Acquisition | Nov 2014 | €35M |
Top deals
largest disclosed rounds in H2 2014| Company | Stage | Date | Amount |
|---|---|---|---|
| Delivery Hero | Series D+ | Sep 2014 | €265M |
| Foodpanda | Series D+ | Aug 2014 | €45M |
| Wallapop | Series B | Dec 2014 | €38M |
| Wahanda | Series C | Oct 2014 | €21M |
| YPlan | Series B | Nov 2014 | €19M |
| Quandoo | Series C | Jul 2014 | €18M |
| TravelBird | Series B | Nov 2014 | €18M |
| Fyndiq | Growth/Late | Nov 2014 | €16M |
| Catawiki | Series B | Sep 2014 | €10M |
| La Nevera Roja | Other | Jul 2014 | €6.0M |
| Autobutler | Series B | Jul 2014 | €5.8M |
| Carwow | Series A | Dec 2014 | €5.8M |
| Lesara | Series A | Oct 2014 | €5.6M |
| DoveConviene | Series B | Dec 2014 | €5.2M |
| Medigo | Series A | Dec 2014 | €5.0M |
Top investors
most active in H2 2014, by deal count- Accel3 deals
- DN Capital3 deals
- Wellington Partners3 deals
- Capnamic Ventures2 deals
- Industrifonden2 deals
- Insight Partners2 deals
- LVenture Group2 deals
- OpenOcean2 deals
- P1012 deals
- Rocket Internet SE2 deals