E-commerce funding in Q2 2014

European E-commerce startup funding raised during Q2 2014.

In Q2 2014, 47 European E-commerce companies closed 47 funding rounds and raised €393M in equity funding (excluding debt and grants), up 407.6% versus Q2 2013. Debt rounds added €6.1M. Germany led by capital raised, and Accel was the most active investor. Data as of 6 Nov 2026.

Equity funding

€393M

+407.6% vs Q2 2013 · excl. debt & grants · +€6.1M debt

Funding rounds

+23.7% vs Q2 2013

Companies

Top country

Germany

Rank among sectors

12.4% of sector funding

Debt financing

€6.1M

1.5% of total

Top-10 round share

88.6%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Apr	€326M	14
May	€22M	11
Jun	€52M	22

Top countries

by € raised

Data table

	E-commerce — top countries by capital, Q2 2014
Germany	€138M
Russia	€112M
Netherlands	€75M
UK	€34M
France	€10M
Spain	€10M
Denmark	€6.1M
Ireland	€5.9M

Stage mix

by € raised

Data table

	E-commerce — stage mix, Q2 2014
Growth/Late	€187M
Series B	€89M
Series D+	€62M
Series A	€17M
Other	€16M
Early VC	€12M
Debt	€6.1M
Series C	€5.4M
Seed	€5.2M

Exits & M&A

3 Acquisition

3 exits.

Top deals

largest disclosed rounds in Q2 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+	Apr 2014	€62M
PackLink	Series B	Jun 2014	€6.6M
Shazam	Growth/Late	May 2014	€6.5M
Momondo	Early VC	Jun 2014	€6.1M
Momondo Group	Debt	Jun 2014	€6.1M
Profitero	Other	Jun 2014	€5.9M
SecretSales	Series C	Apr 2014	€5.4M
Qwant	Other	Jun 2014	€5.0M
Hassle	Series A	May 2014	€4.3M
Finanzchef24	Series B	Jun 2014	€4.0M
Ecwid	Series B	May 2014	€3.6M
Epidemic Sound	Series A	May 2014	€3.6M

View all 47 E-commerce deals in Q2 2014 →

Top investors

most active in Q2 2014, by deal count

← All 2014 E-commerce funding