Sectors/E-commerce/2016

E-commerce funding in 2016

European E-commerce startup funding raised during 2016.

In 2016, 173 European E-commerce companies raised a combined €1.5B across 191 funding rounds. UK led by capital raised, and Bpifrance was the most active investor. Data as of 21 Aug 2026.

Total funding

€1.5B

disclosed, € normalized

Funding rounds

191

Companies

173

Top country

Break down 2016 by period

Half-year

H1 H2

Quarters

Q1 Q2 Q3 Q4

Months

Jan May Jun Sep Oct Nov Dec

Rank among sectors

6.3% of sector funding

Debt financing

€28M

1.9% of total

Top-10 round share

69.0%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Top deals

largest disclosed rounds in 2016

Company	Stage	Date	Amount
Global Fashion Group	Growth/Late	Apr 2016	€330M
Deliveroo	Series D+	Aug 2016	€247M
Skyscanner	Series C	Jan 2016	€174M
Letgo	Series B

View all 191 E-commerce deals in 2016 →

Top investors

most active in 2016, by deal count

← All-time E-commerce funding

Exits & M&A

42 Acquisition · 4 IPO · 1 Buyout

47 exits · €7.7B disclosed.

Trivago	IPO	Sep 2016	€3.6B
Skyscanner	Acquisition	May 2016	€1.7B
Takeaway.com	IPO	Apr 2016	€1.0B
Momondo Group	Acquisition	Aug 2016	€500M
SoLocal Group	IPO	Oct 2016	€399M
Hungryhouse	Acquisition	Jun 2016	€240M